Affordable
Expensive
Expensive
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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 $163,545, lower than the Indiana average of $232,932.
The average cost of rent is $1,037/mo in Madison County, primarily driven by the current value of real estate in the Madison County area. In Madison County, 29.84% of households rent, and 38.65% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Madison County is $5,678 per month. Households that rent pay about 18.26% of their income on rent here. Madison County’s most expensive areas are in the southwestern regions, while the cheapest areas are in the central parts of the county.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Counties
- Delaware County, IN: less expensive 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: equally priced homes
- Miami County, OH: higher priced homes
- Fountain County, IN: less expensive homes
- Vermilion County, IL: less expensive homes
Counties with Similar Populations
- Wood County, OH: higher priced homes
- Cambria County, PA: less expensive 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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