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Affordable
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These days, finding an affordable place to live in the Knox area can be challenging. Home prices in Knox are now at a median cost of $168,882, lower than the Indiana average of $232,932.
The average cost of rent is $872/mo in Knox, primarily driven by the current value of real estate in the Knox area. In Knox, 23.45% of households rent, and 37.43% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Knox is $5,307 per month. Households that rent pay about 16.44% of their income on rent here. Knox’s most expensive areas are in the southern regions, while the cheapest areas are in the northern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Bass Lake, IN: higher priced homes
- Winona, IN: equally priced homes
- Brems, IN: equally priced homes
- Ober, IN: higher priced homes
- Grovertown, IN: equally priced homes
- Ora, IN: equally priced homes
- Hamlet, IN: less expensive homes
- North Judson, IN: less expensive homes
- Oak Grove, IN: higher priced homes
- Donaldson, IN: higher priced homes
Cities with Similar Populations
- Alexandria, IN: less expensive homes
- St. Francis, WI: higher priced homes
- Woodfield, SC: less expensive homes
- Altoona, WI: higher priced homes
- Woodlake, CA: higher priced homes
- Woodstock, VA: higher priced homes
- Bridgewater, VA: higher priced homes
- Sugarmill Woods, FL: higher priced homes
- Wyoming, MN: higher priced homes
- Bithlo, FL: higher priced homes
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