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These days, finding an affordable place to live in the Otterbein area can be challenging. Home prices in Otterbein are now at a median cost of $218,961, lower than the Indiana average of $232,932.
The average cost of rent is $917/mo in Otterbein, primarily driven by the current value of real estate in the Otterbein area. In Otterbein, 19.46% of households rent, and 40.02% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Otterbein is $6,451 per month. Households that rent pay about 14.21% of their income on rent here. Otterbein’s most expensive areas are in the southeastern 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
- Montmorenci, IN: higher priced homes
- Templeton, IN: less expensive homes
- Oxford, IN: less expensive homes
- Pine Village, IN: equally priced homes
- Independence, IN: higher priced homes
- West Lafayette, IN: higher priced homes
- Cairo, IN: higher priced homes
- Westpoint, IN: higher priced homes
- Roberts, IN: less expensive homes
- Winthrop, IN: higher priced homes
Cities with Similar Populations
- Zephyr Cove, NV: higher priced homes
- Albion, IL: less expensive homes
- Tool, TX: less expensive homes
- Virginia Gardens, FL: higher priced homes
- Walton Hills, OH: higher priced homes
- West Carthage, NY: less expensive homes
- West Falls, NY: higher priced homes
- Westover, AL: higher priced homes
- East Hampstead, NH: higher priced homes
- Dry Branch, GA: less expensive homes
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