Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Muncie area can be challenging. Home prices in Muncie are now at a median cost of $96,693, lower than the Indiana average of $175,617.
The average cost of rent is $809/mo in Muncie, primarily driven by the current value of real estate in the Muncie area. While nearly 48.20% of residents own their homes outright in Muncie, 40.22% rent.
Housing affordability isn’t just about home prices, though. The average household income in Muncie is $3,973 per month. Households that rent pay about 20.35% of their income on rent here. Muncie's most expensive areas are in the southern regions, while the cheapest areas are in the western parts of the city.
Nearby Cities
- Royerton, IN: equally priced homes
- Yorktown, IN: higher priced homes
- Woodland Park, IN: higher priced homes
- Progress, IN: higher priced homes
- DeSoto, IN: higher priced homes
- Medford, IN: higher priced homes
- Selma, IN: higher priced homes
- Oakville, IN: equally priced homes
- Gaston, IN: higher priced homes
- Daleville, IN: higher priced homes
Cities with Similar Populations
- Bozeman, MT: higher priced homes
- Boulder, CO: higher priced homes
- Boynton Beach, FL: higher priced homes
- Brighton, CO: higher priced homes
- Baltimore, MD: higher priced homes
- Anaheim, CA: higher priced homes
- Arden-Arcade, CA: higher priced homes
- Auburn, WA: higher priced homes
- Beaumont, TX: higher priced homes
- Auburn, AL: higher priced homes
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