Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Lake Bruce area can be challenging. Home prices in Lake Bruce are now at a median cost of $119,107, lower than the Indiana average of $175,617.
The average cost of rent is $724/mo in Lake Bruce, primarily driven by the current value of real estate in the Lake Bruce area. While nearly 64.48% of residents own their homes outright in Lake Bruce, 14.09% rent.
Housing affordability isn’t just about home prices, though. The average household income in Lake Bruce is $4,655 per month. Households that rent pay about 15.55% of their income on rent here. Lake Bruce's most expensive areas are in the southwestern regions, while the cheapest areas are in the central parts of the city.
Nearby Cities
- Lawton, IN: equally priced homes
- Kewanna, IN: less expensive homes
- Delong, IN: equally priced homes
- Vanmeter Park, IN: less expensive homes
- Monterey, IN: less expensive homes
- Winamac, IN: equally priced homes
- Star City, IN: equally priced homes
- Ora, IN: less expensive homes
- Maxinkuckee, IN: higher priced homes
- Thornhope, IN: less expensive homes
Cities with Similar Populations
- Riverdale, VA: higher priced homes
- Nu Mine, PA: less expensive homes
- Nye, MT: higher priced homes
- Oakley, SC: higher priced homes
- Ohiowa, NE: less expensive homes
- Old Gilroy, CA: higher priced homes
- Old Hickory, AR: equally priced homes
- Oliveburg, PA: higher priced homes
- Ono, PA: higher priced homes
- Opossum, TN: less expensive homes
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