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These days, finding an affordable place to live in the Ontario area can be challenging. Home prices in Ontario are now at a median cost of $164,957, lower than the Indiana average of $232,932.
The average cost of rent is $837/mo in Ontario, primarily driven by the current value of real estate in the Ontario area. In Ontario, 26.16% of households rent, and 22.98% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Ontario is $6,904 per month. Households that rent pay about 12.12% of their income on rent here. Ontario’s most expensive areas are in the northwestern regions, while the cheapest areas are in the central parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Howe, IN: higher priced homes
- Lagrange, IN: higher priced homes
- Plato, IN: higher priced homes
- Sturgis, MI: higher priced homes
- Valentine, IN: higher priced homes
- Mongo, IN: higher priced homes
- Scott, IN: higher priced homes
- Shipshewana, IN: higher priced homes
- Woodruff, IN: higher priced homes
- Mount Pisgah, IN: higher priced homes
Cities with Similar Populations
- Princeton, SC: equally priced homes
- Littlefork, MN: equally priced homes
- Luana, IA: higher priced homes
- Madisonville, MS: higher priced homes
- Manchester, LA: higher priced homes
- Parksville, NY: higher priced homes
- Perrysville, IN: less expensive homes
- Pickton, TX: higher priced homes
- Poplar Springs, AL: less expensive homes
- Poughkeepsie, AR: higher priced homes
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