Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Morton area can be challenging. Home prices in Morton are now at a median cost of $85,510, lower than the Indiana average of $175,617.
The average cost of rent is $807/mo in Morton, primarily driven by the current value of real estate in the Morton area. While nearly 59.82% of residents own their homes outright in Morton, 20.69% rent.
Housing affordability isn’t just about home prices, though. The average household income in Morton is $3,910 per month. Households that rent pay about 20.65% of their income on rent here. Morton's most expensive areas are in the western regions, while the cheapest areas are in the northern parts of the city.
Nearby Cities
- Fincastle, IN: higher priced homes
- Clinton Falls, IN: higher priced homes
- Portland Mills, IN: equally priced homes
- Russellville, IN: equally priced homes
- Bainbridge, IN: higher priced homes
- Mount Meridian, IN: higher priced homes
- Carpentersville, IN: higher priced homes
- Hollandsburg, IN: equally priced homes
- New Maysville, IN: higher priced homes
- Milligan, IN: higher priced homes
Cities with Similar Populations
- Hamlet, NE: equally priced homes
- Sumneytown, PA: higher priced homes
- Sumava Resorts, IN: higher priced homes
- Sulphur Springs, IA: higher priced homes
- Herbine, AR: higher priced homes
- Helmer, IN: higher priced homes
- Hegg, WI: higher priced homes
- Hecla, SD: equally priced homes
- Hazelton, ND: higher priced homes
- Havana, MN: higher priced homes
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