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Affordable
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These days, finding an affordable place to live in the Laotto area can be challenging. Home prices in Laotto are now at a median cost of $317,703, higher than the Indiana average of $232,932.
The average cost of rent is $802/mo in Laotto, primarily driven by the current value of real estate in the Laotto area. In Laotto, 8.87% of households rent, and 36.28% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Laotto is $9,275 per month. Households that rent pay about 8.64% of their income on rent here. Laotto’s most expensive areas are in the western regions, while the cheapest areas are in the northeastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Swan, IN: equally priced homes
- Avilla, IN: less expensive homes
- Churubusco, IN: less expensive homes
- Altona, IN: less expensive homes
- Green Center, IN: equally priced homes
- Garrett, IN: less expensive homes
- Huntertown, IN: equally priced homes
- Bakertown, IN: higher priced homes
- Lisbon, IN: less expensive homes
- St. Johns, IN: less expensive homes
Cities with Similar Populations
- Union Springs, NY: less expensive homes
- Ewing, KY: less expensive homes
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- Kossuth, MS: less expensive homes
- Livermore, CO: higher priced homes
- Meadville, MS: less expensive homes
- Meherrin, VA: less expensive homes
- Springerville, AZ: less expensive homes
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