The Most Affordable Neighborhoods in Paoli, IN by Home Value

 

Paoli, IN Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Paoli area can be challenging. Home prices in Paoli are now at a median cost of $105,880, lower than the Indiana average of $175,617.

The average cost of rent is $654/mo in Paoli, primarily driven by the current value of real estate in the Paoli area. While nearly 48.18% of residents own their homes outright in Paoli, 24.97% rent.

Housing affordability isn’t just about home prices, though. The average household income in Paoli is $4,195 per month. Households that rent pay about 15.58% of their income on rent here. Paoli's most expensive areas are in the central regions, while the cheapest areas are in the southern parts of the city.


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