Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Laurel area can be challenging. Home prices in Laurel are now at a median cost of $102,871, lower than the Indiana average of $175,617.
The average cost of rent is $828/mo in Laurel, primarily driven by the current value of real estate in the Laurel area. While nearly 44.65% of residents own their homes outright in Laurel, 21.56% rent.
Housing affordability isn’t just about home prices, though. The average household income in Laurel is $4,749 per month. Households that rent pay about 17.44% of their income on rent here. Laurel's most expensive areas are in the northwestern regions, while the cheapest areas are in the eastern parts of the city.
Nearby Cities
- Buena Vista, IN: higher priced homes
- Columbia, IN: less expensive homes
- Metamora, IN: higher priced homes
- Peppertown, IN: higher priced homes
- Glenwood, IN: higher priced homes
- Everton, IN: equally priced homes
- New Salem, IN: higher priced homes
- Clarksburg, IN: higher priced homes
- Oldenburg, IN: higher priced homes
- St. Maurice, IN: higher priced homes
Cities with Similar Populations
- Bessemer, MI: less expensive homes
- Bethel Springs, TN: equally priced homes
- Big Sandy, TN: less expensive homes
- Bloomfield, KY: higher priced homes
- Bloomingdale, MI: higher priced homes
- Bonduel, WI: higher priced homes
- Wellman, IA: higher priced homes
- Washington Park, IL: less expensive homes
- Tennessee Ridge, TN: higher priced homes
- Stockport, OH: equally priced homes
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