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Affordable
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These days, finding an affordable place to live in the Nead area can be challenging. Home prices in Nead are now at a median cost of $188,693, lower than the Indiana average of $232,932.
The average cost of rent is $1,049/mo in Nead, primarily driven by the current value of real estate in the Nead area. In Nead, 21.84% of households rent, and 51.08% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Nead is $5,121 per month. Households that rent pay about 20.49% of their income on rent here. Nead’s most expensive areas are in the northeastern regions, while the cheapest areas are in the southern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Bunker Hill, IN: less expensive homes
- Peru, IN: less expensive homes
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- New Waverly, IN: less expensive homes
- Loree, IN: equally priced homes
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- Ridgeview, IN: less expensive homes
- Miami, IN: less expensive homes
- Lewisburg, IN: equally priced homes
- Lincoln, IN: less expensive homes
Cities with Similar Populations
- Wind Ridge, PA: less expensive homes
- Bennington, NY: higher priced homes
- Berlin, IL: higher priced homes
- Berthold, ND: higher priced homes
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- Black Oak, AR: less expensive homes
- Burnt Ranch, CA: higher priced homes
- Byrnedale, PA: less expensive homes
- West Rindge, NH: higher priced homes
- Allenspark, CO: higher priced homes
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