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Affordable
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These days, finding an affordable place to live in the Leroy area can be challenging. Home prices in Leroy are now at a median cost of $344,318, higher than the Indiana average of $232,932.
The average cost of rent is $1,537/mo in Leroy, primarily driven by the current value of real estate in the Leroy area. In Leroy, 3.90% of households rent, and 20.88% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Leroy is $11,149 per month. Households that rent pay about 13.79% of their income on rent here. Leroy’s most expensive areas are in the northwestern regions, while the cheapest areas are in the southern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Hebron, IN: less expensive homes
- Southeast Grove, IN: equally priced homes
- Winfield, IN: higher priced homes
- Crown Point, IN: equally priced homes
- Boone Grove, IN: equally priced homes
- Lake Dalecarlia, IN: equally priced homes
- Deep River, IN: equally priced homes
- Lowell, IN: less expensive homes
- Cedar Lake, IN: equally priced homes
- Merrillville, IN: less expensive homes
Cities with Similar Populations
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- Keomah Village, IA: less expensive homes
- Kent, IA: less expensive homes
- Kelona, MS: less expensive homes
- Kelly, TX: higher priced homes
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