The Most Affordable Neighborhoods in Martindale-Brightwood, Indianapolis, IN by Home Value

 

Martindale-Brightwood, Indianapolis, IN Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Martindale-Brightwood area can be challenging. Home prices in Martindale-Brightwood are now at a median cost of $184,566, lower than the Indianapolis average of $284,242.

The average cost of rent is $1,156/mo in Martindale-Brightwood, primarily driven by the current value of real estate in the Martindale-Brightwood area. In Martindale-Brightwood, 61.31% of households rent, and 56.57% of homeowners own their homes outright.

Housing affordability isn’t just about home prices, though. The average household income in Martindale-Brightwood is $4,218 per month. Households that rent pay about 27.41% of their income on rent here. Martindale-Brightwood’s most expensive areas are in the western regions, while the cheapest areas are in the northeastern parts of the neighborhood.

Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.


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