Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Merrillville area can be challenging. Home prices in Merrillville are now at a median cost of $150,338, lower than the Indiana average of $175,617.
The average cost of rent is $1,111/mo in Merrillville, primarily driven by the current value of real estate in the Merrillville area. While nearly 24.43% of residents own their homes outright in Merrillville, 30.62% rent.
Housing affordability isn’t just about home prices, though. The average household income in Merrillville is $5,217 per month. Households that rent pay about 21.29% of their income on rent here. Merrillville's most expensive areas are in the central regions, while the cheapest areas are in the northeastern parts of the city.
Nearby Cities
- Schererville, IN: higher priced homes
- Griffith, IN: equally priced homes
- Hobart, IN: higher priced homes
- Crown Point, IN: higher priced homes
- Gary, IN: less expensive homes
- New Chicago, IN: less expensive homes
- St. John, IN: higher priced homes
- Highland, IN: higher priced homes
- Winfield, IN: higher priced homes
- Lake Station, IN: less expensive homes
Cities with Similar Populations
- Bristol, TN: equally priced homes
- Egypt Lake-Leto, FL: higher priced homes
- Clinton, MD: higher priced homes
- Cibolo, TX: higher priced homes
- Channelview, TX: equally priced homes
- Carpentersville, IL: higher priced homes
- Carlsbad, NM: higher priced homes
- Camas, WA: higher priced homes
- Brighton, NY: higher priced homes
- Blackwood, NJ: higher priced homes
All Local Stats
Home Services
No other site shows detail at this level for free. We are able to keep this site free by receiving a small commission from the referring links below if you book, rent, or request a lead at no cost to you. Please share or cite this page if you aren't able to otherwise support our work.
Map interface © Mapbox © OpenStreetMap Map data and content © bestneighborhood