The Most Affordable Neighborhoods in Little Flower, Indianapolis, IN by Home Value

 

Little Flower, Indianapolis, IN Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Little Flower area can be challenging. Home prices in Little Flower are now at a median cost of $145,065, lower than the Indianapolis average of $284,242.

The average cost of rent is $1,077/mo in Little Flower, primarily driven by the current value of real estate in the Little Flower area. In Little Flower, 44.35% of households rent, and 39.28% of homeowners own their homes outright.

Housing affordability isn’t just about home prices, though. The average household income in Little Flower is $4,881 per month. Households that rent pay about 22.07% of their income on rent here. Little Flower’s most expensive areas are in the southeastern regions, while the cheapest areas are in the northwestern parts of the neighborhood.

Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.


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