The Most Affordable Neighborhoods in New Santa Fe, IN by Home Value

 

New Santa Fe, IN Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the New Santa Fe area can be challenging. Home prices in New Santa Fe are now at a median cost of $129,827, lower than the Indiana average of $175,617.

The average cost of rent is $736/mo in New Santa Fe, primarily driven by the current value of real estate in the New Santa Fe area. While nearly 28.02% of residents own their homes outright in New Santa Fe, 13.57% rent.

Housing affordability isn’t just about home prices, though. The average household income in New Santa Fe is $5,166 per month. Households that rent pay about 14.24% of their income on rent here. New Santa Fe's most expensive areas are in the eastern regions, while the cheapest areas are in the western parts of the city.


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