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Affordable
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These days, finding an affordable place to live in the Lee area can be challenging. Home prices in Lee are now at a median cost of $189,076, lower than the Indiana average of $232,932.
The average cost of rent is $872/mo in Lee, primarily driven by the current value of real estate in the Lee area. In Lee, 20.27% of households rent, and 39.33% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Lee is $6,326 per month. Households that rent pay about 13.79% of their income on rent here. Lee’s most expensive areas are in the northern regions, while the cheapest areas are in the central parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- McCoysburg, IN: higher priced homes
- Monon, IN: less expensive homes
- Francesville, IN: less expensive homes
- Newland, IN: higher priced homes
- Rensselaer, IN: equally priced homes
- Collegeville, IN: higher priced homes
- Indiana Beach, IN: higher priced homes
- Wolcott, IN: less expensive homes
- Buffalo, IN: equally priced homes
- Reynolds, IN: equally priced homes
Cities with Similar Populations
- Murray, AR: less expensive homes
- Mike, MO: less expensive homes
- Mile Run, PA: higher priced homes
- Milldale, CT: higher priced homes
- Miller Dale Colony, SD: less expensive homes
- Millhaven, GA: higher priced homes
- Milmine, IL: higher priced homes
- Milo, WV: less expensive homes
- Mitchellsville, NY: less expensive homes
- Mizpah, MT: higher priced homes
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