The Most Affordable Neighborhoods in Mahon, IN by Home Value

 

Mahon, IN Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Mahon area can be challenging. Home prices in Mahon are now at a median cost of $190,594, higher than the Indiana average of $175,617.

The average cost of rent is $765/mo in Mahon, primarily driven by the current value of real estate in the Mahon area. While nearly 28.95% of residents own their homes outright in Mahon, 9.28% rent.

Housing affordability isn’t just about home prices, though. The average household income in Mahon is $7,517 per month. Households that rent pay about 10.17% of their income on rent here. Mahon's most expensive areas are in the southern regions, while the cheapest areas are in the northern parts of the city.


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