Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Morgan County area can be challenging. Home prices in Morgan County are now at a median cost of $194,690, higher than the Indiana average of $175,617.
The average cost of rent is $909/mo in Morgan County, primarily driven by the current value of real estate in the Morgan County area. While nearly 31.98% of residents own their homes outright in Morgan County, 14.92% rent.
Housing affordability isn’t just about home prices, though. The average household income in Morgan County is $6,651 per month. Households that rent pay about 13.67% of their income on rent here. Morgan County's most expensive areas are in the northeastern regions, while the cheapest areas are in the northwestern parts of the county.
Nearby Counties
- Johnson County, IN: higher priced homes
- Putnam County, IN: less expensive homes
- Shelby County, IN: less expensive homes
- Clay County, IN: less expensive homes
- Rush County, IN: less expensive homes
- Vigo County, IN: less expensive homes
- Fayette County, IN: less expensive homes
- Edgar County, IL: less expensive homes
- Union County, IN: less expensive homes
- Coles County, IL: less expensive homes
Counties with Similar Populations
- Knox County, OH: equally priced homes
- Starr County, TX: less expensive homes
- Stanly County, NC: less expensive homes
- St. Francois County, MO: less expensive homes
- Spalding County, GA: less expensive homes
- Somerset County, PA: less expensive homes
- Shiawassee County, MI: less expensive homes
- Scioto County, OH: less expensive homes
- Sauk County, WI: equally priced homes
- Ross County, OH: less expensive homes
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