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Affordable
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These days, finding an affordable place to live in the McKinley area can be challenging. Home prices in McKinley are now at a median cost of $159,000, lower than the Indiana average of $232,932.
The average cost of rent is $693/mo in McKinley, primarily driven by the current value of real estate in the McKinley area. In McKinley, 24.57% of households rent, and 50.89% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in McKinley is $4,669 per month. Households that rent pay about 14.84% of their income on rent here. McKinley’s most expensive areas are in the central regions, while the cheapest areas are in the central parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Sparksville, IN: less expensive homes
- Millport, IN: higher priced homes
- Vallonia, IN: higher priced homes
- Medora, IN: less expensive homes
- Plattsburg, IN: higher priced homes
- Tunnelton, IN: less expensive homes
- Campbellsburg, IN: equally priced homes
- Kossuth, IN: higher priced homes
- Saltillo, IN: less expensive homes
- Pumpkin Center, IN: higher priced homes
Cities with Similar Populations
- Windsor Mercer County, IL: less expensive homes
- Beardsley, KS: less expensive homes
- Beaver City, IN: higher priced homes
- Beecher Island, CO: higher priced homes
- Belle Eagle, TN: equally priced homes
- Bergoo, WV: less expensive homes
- Bethel, MD: less expensive homes
- Beverly, KY: less expensive homes
- Big Bar, CA: higher priced homes
- Big Moses, WV: less expensive homes
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