Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Otwell area can be challenging. Home prices in Otwell are now at a median cost of $139,983, lower than the Indiana average of $175,617.
The average cost of rent is $801/mo in Otwell, primarily driven by the current value of real estate in the Otwell area. While nearly 45.47% of residents own their homes outright in Otwell, 8.07% rent.
Housing affordability isn’t just about home prices, though. The average household income in Otwell is $6,522 per month. Households that rent pay about 12.28% of their income on rent here. Otwell's most expensive areas are in the eastern regions, while the cheapest areas are in the southwestern parts of the city.
Nearby Cities
- Hudsonville, IN: higher priced homes
- Algiers, IN: equally priced homes
- Whiteoak, IN: less expensive homes
- Cato, IN: less expensive homes
- Portersville, IN: higher priced homes
- Ireland, IN: higher priced homes
- Glendale, IN: higher priced homes
- Coe, IN: less expensive homes
- Velpen, IN: equally priced homes
- Winslow, IN: less expensive homes
Cities with Similar Populations
- Laird Hill, TX: equally priced homes
- Summerland, CA: higher priced homes
- Sulphur Springs, AR: higher priced homes
- Stone Creek, OH: higher priced homes
- Shirley Center, MA: higher priced homes
- Shipman, IL: equally priced homes
- Santa Ysabel, CA: higher priced homes
- Robeline, LA: equally priced homes
- Red Banks, MS: higher priced homes
- Randolph AFB, TX: higher priced homes
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