Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Lochiel area can be challenging. Home prices in Lochiel are now at a median cost of $131,501, lower than the Indiana average of $175,617.
The average cost of rent is $681/mo in Lochiel, primarily driven by the current value of real estate in the Lochiel area. While nearly 37.87% of residents own their homes outright in Lochiel, 25.30% rent.
Housing affordability isn’t just about home prices, though. The average household income in Lochiel is $4,846 per month. Households that rent pay about 14.06% of their income on rent here. Lochiel's most expensive areas are in the northeastern regions, while the cheapest areas are in the southwestern parts of the city.
Nearby Cities
- Swanington, IN: equally priced homes
- Wadena, IN: equally priced homes
- Fowler, IN: less expensive homes
- Goodland, IN: less expensive homes
- Oxford, IN: less expensive homes
- Remington, IN: less expensive homes
- Earl Park, IN: less expensive homes
- Templeton, IN: equally priced homes
- Chase, IN: less expensive homes
- Boswell, IN: less expensive homes
Cities with Similar Populations
- Starkville, CO: higher priced homes
- Huntley, MN: equally priced homes
- Hurdtown, NJ: higher priced homes
- Hurricane, AL: higher priced homes
- Hutchins, GA: less expensive homes
- Springlake, TX: less expensive homes
- Squapan, ME: less expensive homes
- St. Catharine, KY: higher priced homes
- St. Clement, MO: higher priced homes
- Hunter, OK: higher priced homes
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