Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Midway area can be challenging. Home prices in Midway are now at a median cost of $231,714, higher than the Indiana average of $175,617.
The average cost of rent is $852/mo in Midway, primarily driven by the current value of real estate in the Midway area. While nearly 24.18% of residents own their homes outright in Midway, 12.01% rent.
Housing affordability isn’t just about home prices, though. The average household income in Midway is $5,023 per month. Households that rent pay about 16.97% of their income on rent here. Midway's most expensive areas are in the northwestern regions, while the cheapest areas are in the southwestern parts of the city.
Nearby Cities
- Southwest, IN: equally priced homes
- Goshen, IN: less expensive homes
- Waterford Mills, IN: less expensive homes
- Foraker, IN: higher priced homes
- Dunlap, IN: less expensive homes
- New Paris, IN: equally priced homes
- Wakarusa, IN: less expensive homes
- Milford Junction, IN: less expensive homes
- Elkhart, IN: less expensive homes
- Nappanee, IN: less expensive homes
Cities with Similar Populations
- Lovingston, VA: higher priced homes
- Kiowa, KS: less expensive homes
- Knob Lick, KY: less expensive homes
- Knollwood Village, OH: equally priced homes
- Krakow, WI: less expensive homes
- Woodbury, PA: less expensive homes
- Wink, TX: less expensive homes
- Wind Lake, WI: higher priced homes
- West Brownsville, PA: less expensive homes
- Weippe, ID: less expensive homes
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