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These days, finding an affordable place to live in the Morocco area can be challenging. Home prices in Morocco are now at a median cost of $183,086, lower than the Indiana average of $232,932.
The average cost of rent is $851/mo in Morocco, primarily driven by the current value of real estate in the Morocco area. In Morocco, 16.15% of households rent, and 50.55% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Morocco is $6,494 per month. Households that rent pay about 13.10% of their income on rent here. Morocco’s most expensive areas are in the southeastern regions, while the cheapest areas are in the northern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
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