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These days, finding an affordable place to live in the Mount Ayr area can be challenging. Home prices in Mount Ayr are now at a median cost of $205,830, lower than the Indiana average of $232,932.
The average cost of rent is $899/mo in Mount Ayr, primarily driven by the current value of real estate in the Mount Ayr area. In Mount Ayr, 13.45% of households rent, and 35.92% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Mount Ayr is $8,253 per month. Households that rent pay about 10.90% of their income on rent here. Mount Ayr’s most expensive areas are in the central regions, while the cheapest areas are in the eastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Parr, IN: higher priced homes
- Foresman, IN: less expensive homes
- Collegeville, IN: equally priced homes
- Rensselaer, IN: equally priced homes
- Brook, IN: less expensive homes
- Morocco, IN: less expensive homes
- Fair Oaks, IN: higher priced homes
- Beaver City, IN: equally priced homes
- Goodland, IN: less expensive homes
- McCoysburg, IN: higher priced homes
Cities with Similar Populations
- Digbey, GA: higher priced homes
- Superior, PA: less expensive homes
- Star Lake, NY: less expensive homes
- Stanton, MS: less expensive homes
- St. Clair, VA: less expensive homes
- Sprott, MO: equally priced homes
- Erwin, TX: higher priced homes
- Emma, CO: higher priced homes
- Elfrida, AZ: equally priced homes
- Edwina, TN: less expensive homes
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