Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the New Lancaster area can be challenging. Home prices in New Lancaster are now at a median cost of $124,847, lower than the Indiana average of $175,617.
The average cost of rent is $848/mo in New Lancaster, primarily driven by the current value of real estate in the New Lancaster area. While nearly 37.89% of residents own their homes outright in New Lancaster, 18.69% rent.
Housing affordability isn’t just about home prices, though. The average household income in New Lancaster is $4,870 per month. Households that rent pay about 17.41% of their income on rent here. New Lancaster's most expensive areas are in the eastern regions, while the cheapest areas are in the northeastern parts of the city.
Nearby Cities
- Elwood, IN: less expensive homes
- Rigdon, IN: higher priced homes
- Omega, IN: higher priced homes
- Frankton, IN: equally priced homes
- Hobbs, IN: higher priced homes
- Dundee, IN: higher priced homes
- Perkinsville, IN: higher priced homes
- Atlanta, IN: higher priced homes
- Orestes, IN: equally priced homes
- Leisure, IN: higher priced homes
Cities with Similar Populations
- Fishhook, IL: equally priced homes
- Thornton, WA: higher priced homes
- Thornfield, MO: higher priced homes
- Thompsons Store, TN: equally priced homes
- Thomas Mountain, CA: higher priced homes
- Thendara, NY: higher priced homes
- Thatcher, ID: higher priced homes
- Thane, AK: higher priced homes
- Freyburg, TX: higher priced homes
- Fourmile Hill, AR: equally priced homes
All Local Stats
Home Services
No other site shows detail at this level for free. We are able to keep this site free by receiving a small commission from the referring links below if you book, rent, or request a lead at no cost to you. Please share or cite this page if you aren't able to otherwise support our work.
Map interface © Mapbox © OpenStreetMap Map data and content © bestneighborhood