The Most Affordable Neighborhoods in McCol Place, IN by Home Value

 

McCol Place, IN Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the McCol Place area can be challenging. Home prices in McCol Place are now at a median cost of $151,003, lower than the Indiana average of $175,617.

The average cost of rent is $602/mo in McCol Place, primarily driven by the current value of real estate in the McCol Place area. While nearly 42.08% of residents own their homes outright in McCol Place, 23.73% rent.

Housing affordability isn’t just about home prices, though. The average household income in McCol Place is $4,784 per month. Households that rent pay about 12.58% of their income on rent here. McCol Place's most expensive areas are in the central regions, while the cheapest areas are in the central parts of the city.


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