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These days, finding an affordable place to live in the Owensburg area can be challenging. Home prices in Owensburg are now at a median cost of $224,020, lower than the Indiana average of $232,932.
The average cost of rent is $870/mo in Owensburg, primarily driven by the current value of real estate in the Owensburg area. In Owensburg, 18.72% of households rent, and 35.72% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Owensburg is $7,640 per month. Households that rent pay about 11.38% of their income on rent here. Owensburg’s most expensive areas are in the northeastern regions, while the cheapest areas are in the eastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Doans, IN: equally priced homes
- Popcorn, IN: less expensive homes
- Cincinnati, IN: equally priced homes
- Springville, IN: equally priced homes
- Park, IN: equally priced homes
- Ridgeport, IN: higher priced homes
- Williams, IN: equally priced homes
- Scotland, IN: less expensive homes
- Indian Springs, IN: less expensive homes
- Fayetteville, IN: equally priced homes
Cities with Similar Populations
- Sidney, AR: less expensive homes
- Jordan, SC: less expensive homes
- Jugtown, NC: less expensive homes
- Kappa, IL: equally priced homes
- Kay Bee Heights, TX: equally priced homes
- Kedron, LA: less expensive homes
- Kenwood, OK: less expensive homes
- Ketchums Corner, NY: higher priced homes
- King Cove, AK: less expensive homes
- Kingstown, NC: equally priced homes
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