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These days, finding an affordable place to live in the Mulberry area can be challenging. Home prices in Mulberry are now at a median cost of $177,109, lower than the Indiana average of $232,932.
The average cost of rent is $852/mo in Mulberry, primarily driven by the current value of real estate in the Mulberry area. In Mulberry, 15.51% of households rent, and 54.04% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Mulberry is $5,561 per month. Households that rent pay about 15.32% of their income on rent here. Mulberry’s most expensive areas are in the southeastern regions, while the cheapest areas are in the southwestern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Dayton, IN: higher priced homes
- Rossville, IN: higher priced homes
- Fickle, IN: higher priced homes
- Jefferson, IN: higher priced homes
- Stockwell, IN: higher priced homes
- Clarks Hill, IN: higher priced homes
- Moran, IN: less expensive homes
- Kilmore, IN: equally priced homes
- Pyrmont, IN: higher priced homes
- Kentwood, IN: less expensive homes
Cities with Similar Populations
- St. George, MO: equally priced homes
- Lakeside, OR: higher priced homes
- Lakeville, CT: higher priced homes
- Lopez, WA: higher priced homes
- Manson, IA: higher priced homes
- Marlborough, NH: higher priced homes
- Moorhead, MS: less expensive homes
- Mount Hood-Parkdale, OR: higher priced homes
- Park City, MT: higher priced homes
- Renick, MO: higher priced homes
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