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These days, finding an affordable place to live in the Jay City area can be challenging. Home prices in Jay City are now at a median cost of $269,389, higher than the Indiana average of $232,932.
The average cost of rent is $797/mo in Jay City, primarily driven by the current value of real estate in the Jay City area. In Jay City, 8.85% of households rent, and 35.98% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Jay City is $5,964 per month. Households that rent pay about 13.37% of their income on rent here. Jay City’s most expensive areas are in the northern regions, while the cheapest areas are in the eastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- New Corydon, IN: higher priced homes
- Trinity, IN: less expensive homes
- Geneva, IN: less expensive homes
- Bryant, IN: less expensive homes
- Wabash, OH: less expensive homes
- Westchester, IN: less expensive homes
- Berne, IN: less expensive homes
- Padua, OH: equally priced homes
- Antiville, IN: less expensive homes
- Durbin, OH: less expensive homes
Cities with Similar Populations
- Addor, NC: higher priced homes
- York Center, OH: higher priced homes
- Wyatts Chapel, TN: equally priced homes
- Wyatt, LA: less expensive homes
- Woodward, PA: equally priced homes
- Woodville, LA: less expensive homes
- Woodland, ID: equally priced homes
- Woodland Heights, PA: less expensive homes
- Wanakah, NY: less expensive homes
- Vernonburg, GA: equally priced homes
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