
Affordable
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These days, finding an affordable place to live in the Mahalasville area can be challenging. Home prices in Mahalasville are now at a median cost of $254,118, higher than the Indiana average of $232,932.
The average cost of rent is $976/mo in Mahalasville, primarily driven by the current value of real estate in the Mahalasville area. In Mahalasville, 4.20% of households rent, and 25.84% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Mahalasville is $6,001 per month. Households that rent pay about 16.26% of their income on rent here. Mahalasville’s most expensive areas are in the central regions, while the cheapest areas are in the southeastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
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Cities with Similar Populations
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- Sturkie, AL: less expensive homes
- Summitville, NY: equally priced homes
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