
Home Price Key
These days, finding an affordable place to live in the Madison County area can be challenging. Home prices in Madison County are now at a median cost of $117,242, lower than the Indiana average of $175,617.
The average cost of rent is $896/mo in Madison County, primarily driven by the current value of real estate in the Madison County area. While nearly 38.90% of residents own their homes outright in Madison County, 29.60% rent.
Housing affordability isn’t just about home prices, though. The average household income in Madison County is $4,830 per month. Households that rent pay about 18.54% of their income on rent here. Madison County's most expensive areas are in the northwestern regions, while the cheapest areas are in the southwestern parts of the county.
Nearby Counties
- Delaware County, IN: equally priced homes
- Hamilton County, IN: higher priced homes
- Boone County, IN: higher priced homes
- Randolph County, IN: less expensive homes
- Clinton County, IN: equally priced homes
- Darke County, OH: higher priced homes
- Montgomery County, IN: higher priced homes
- Miami County, OH: higher priced homes
- Fountain County, IN: equally priced homes
- Vermilion County, IL: less expensive homes
Counties with Similar Populations
- Wood County, OH: higher priced homes
- Cambria County, PA: equally priced homes
- Calhoun County, MI: equally priced homes
- Tazewell County, IL: higher priced homes
- Cache County, UT: higher priced homes
- Brunswick County, NC: higher priced homes
- Bossier Parish, LA: higher priced homes
- Washington County, RI: higher priced homes
- Washington County, WI: higher priced homes
- Black Hawk County, IA: higher priced homes
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