Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Matthews area can be challenging. Home prices in Matthews are now at a median cost of $85,459, lower than the Indiana average of $175,617.
The average cost of rent is $766/mo in Matthews, primarily driven by the current value of real estate in the Matthews area. While nearly 48.43% of residents own their homes outright in Matthews, 18.35% rent.
Housing affordability isn’t just about home prices, though. The average household income in Matthews is $4,058 per month. Households that rent pay about 18.88% of their income on rent here. Matthews's most expensive areas are in the northwestern regions, while the cheapest areas are in the western parts of the city.
Nearby Cities
- Wheeling, IN: equally priced homes
- Fowlerton, IN: higher priced homes
- Shamrock Lakes, IN: higher priced homes
- Upland, IN: higher priced homes
- Gaston, IN: higher priced homes
- Hartford City, IN: equally priced homes
- Fairmount, IN: higher priced homes
- Gas City, IN: higher priced homes
- Eaton, IN: higher priced homes
- Summitville, IN: higher priced homes
Cities with Similar Populations
- Meadow Heights, IL: higher priced homes
- Linnville, OH: higher priced homes
- Lowell, VT: higher priced homes
- Luna, LA: higher priced homes
- Lydia, MN: higher priced homes
- Magnolia, LA: higher priced homes
- Maiden Rock, WI: higher priced homes
- Manlyville, TN: higher priced homes
- Mannboro, VA: higher priced homes
- Marengo, WI: higher priced homes
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