
Home Price Key
These days, finding an affordable place to live in the New Waverly area can be challenging. Home prices in New Waverly are now at a median cost of $135,313, lower than the Indiana average of $175,617.
The average cost of rent is $768/mo in New Waverly, primarily driven by the current value of real estate in the New Waverly area. While nearly 39.16% of residents own their homes outright in New Waverly, 9.22% rent.
Housing affordability isn’t just about home prices, though. The average household income in New Waverly is $6,087 per month. Households that rent pay about 12.62% of their income on rent here. New Waverly's most expensive areas are in the central regions, while the cheapest areas are in the central parts of the city.
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