Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Mongo area can be challenging. Home prices in Mongo are now at a median cost of $196,570, higher than the Indiana average of $175,617.
The average cost of rent is $775/mo in Mongo, primarily driven by the current value of real estate in the Mongo area. While nearly 24.16% of residents own their homes outright in Mongo, 15.55% rent.
Housing affordability isn’t just about home prices, though. The average household income in Mongo is $5,008 per month. Households that rent pay about 15.47% of their income on rent here. Mongo's most expensive areas are in the eastern regions, while the cheapest areas are in the central parts of the city.
Nearby Cities
- Plato, IN: less expensive homes
- Orland, IN: less expensive homes
- Howe, IN: equally priced homes
- Mount Pisgah, IN: higher priced homes
- Lagrange, IN: less expensive homes
- Ontario, IN: less expensive homes
- Flint, IN: higher priced homes
- Woodruff, IN: equally priced homes
- Indianola, IN: higher priced homes
- Gilead, MI: less expensive homes
Cities with Similar Populations
- Lena, SC: less expensive homes
- Lamoille, MN: higher priced homes
- Lansing, WV: less expensive homes
- Lattasville, OH: less expensive homes
- Laureles, TX: less expensive homes
- Lawsville Center, PA: less expensive homes
- Ledyard, IA: less expensive homes
- Leesdale, MS: less expensive homes
- Leftwich, TN: higher priced homes
- Lake Catherine, AR: equally priced homes
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