Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Mitchell area can be challenging. Home prices in Mitchell are now at a median cost of $114,549, lower than the Indiana average of $175,617.
The average cost of rent is $678/mo in Mitchell, primarily driven by the current value of real estate in the Mitchell area. While nearly 42.34% of residents own their homes outright in Mitchell, 21.30% rent.
Housing affordability isn’t just about home prices, though. The average household income in Mitchell is $4,345 per month. Households that rent pay about 15.61% of their income on rent here. Mitchell's most expensive areas are in the northern regions, while the cheapest areas are in the western parts of the city.
Nearby Cities
- Georgia, IN: higher priced homes
- Lawrenceport, IN: equally priced homes
- Yockey, IN: higher priced homes
- River Vale, IN: equally priced homes
- Stonington, IN: higher priced homes
- Buddha, IN: less expensive homes
- Orleans, IN: higher priced homes
- Fort Ritner, IN: higher priced homes
- Bryantsville, IN: higher priced homes
- Leipsic, IN: equally priced homes
Cities with Similar Populations
- Lincoln Park, TX: higher priced homes
- Lonsdale, MN: higher priced homes
- Loiza, PR: less expensive homes
- Lockwood, MT: higher priced homes
- Little Falls, NY: less expensive homes
- Linton, IN: equally priced homes
- Linglestown, PA: higher priced homes
- Lindstrom, MN: higher priced homes
- Lincroft, NJ: higher priced homes
- Loogootee, IN: higher priced homes
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