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Affordable
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These days, finding an affordable place to live in the McDaniel area can be challenging. Home prices in McDaniel are now at a median cost of $192,019, lower than the Indiana average of $232,932.
The average cost of rent is $1,006/mo in McDaniel, primarily driven by the current value of real estate in the McDaniel area. In McDaniel, 32.24% of households rent, and 28.35% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in McDaniel is $5,444 per month. Households that rent pay about 18.49% of their income on rent here. McDaniel’s most expensive areas are in the northern regions, while the cheapest areas are in the eastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Martinsville, IN: higher priced homes
- Browns Crossing, IN: equally priced homes
- Willowbrook Estates, IN: higher priced homes
- Prather, IN: higher priced homes
- Mahalasville, IN: higher priced homes
- Centerton, IN: higher priced homes
- Paragon, IN: less expensive homes
- Wakeland, IN: equally priced homes
- Bethany, IN: higher priced homes
- Brooklyn, IN: higher priced homes
Cities with Similar Populations
- River Ranch, FL: higher priced homes
- Ranchita, CA: higher priced homes
- Range, AL: less expensive homes
- Raymertown, NY: higher priced homes
- Reba, VA: higher priced homes
- Redman, MI: less expensive homes
- Renault, IL: equally priced homes
- Rexville, NY: less expensive homes
- Ridgely, MO: higher priced homes
- Rio, LA: less expensive homes
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