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These days, finding an affordable place to live in the Kennard area can be challenging. Home prices in Kennard are now at a median cost of $151,946, lower than the Indiana average of $232,932.
The average cost of rent is $771/mo in Kennard, primarily driven by the current value of real estate in the Kennard area. In Kennard, 16.24% of households rent, and 45.34% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Kennard is $5,444 per month. Households that rent pay about 14.16% of their income on rent here. Kennard’s most expensive areas are in the northwestern regions, while the cheapest areas are in the southeastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Shirley, IN: higher priced homes
- Greensboro, IN: higher priced homes
- Cadiz, IN: higher priced homes
- Westwood, IN: higher priced homes
- Wilkinson, IN: higher priced homes
- Spiceland, IN: equally priced homes
- Knightstown, IN: higher priced homes
- Markleville, IN: higher priced homes
- Sulphur Springs, IN: higher priced homes
- Charlottesville, IN: higher priced homes
Cities with Similar Populations
- Massena Center, NY: higher priced homes
- Rio, WV: higher priced homes
- Richland, TX: less expensive homes
- Richland, NJ: higher priced homes
- Richburg, NY: less expensive homes
- Reed, KY: equally priced homes
- Mine Run, VA: higher priced homes
- Millhousen, IN: higher priced homes
- Mico, TX: higher priced homes
- Menola, NC: less expensive homes
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