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Affordable
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These days, finding an affordable place to live in the Leo area can be challenging. Home prices in Leo are now at a median cost of $412,629, higher than the Indiana average of $232,932.
The average cost of rent is $1,203/mo in Leo, primarily driven by the current value of real estate in the Leo area. In Leo, 4.21% of households rent, and 36.38% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Leo is $10,933 per month. Households that rent pay about 11.00% of their income on rent here. Leo’s most expensive areas are in the eastern 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
- Leo-Cedarville, IN: equally priced homes
- St. Johns, IN: less expensive homes
- Grabill, IN: less expensive homes
- Spencerville, IN: less expensive homes
- Auburn Junction, IN: less expensive homes
- Huntertown, IN: less expensive homes
- Thurman, IN: less expensive homes
- Milan Center, IN: higher priced homes
- Harlan, IN: less expensive homes
- Auburn, IN: less expensive homes
Cities with Similar Populations
- Spring Valley, TX: higher priced homes
- Jefferson, SC: less expensive homes
- Moorefield, WV: less expensive homes
- Onalaska, WA: equally priced homes
- Weyers Cave, VA: less expensive homes
- Valparaiso, FL: equally priced homes
- Ticonderoga, NY: less expensive homes
- Sissonville, WV: less expensive homes
- Richmond, IL: less expensive homes
- Ragley, LA: less expensive homes
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