Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Patricksburg area can be challenging. Home prices in Patricksburg are now at a median cost of $133,877, lower than the Indiana average of $175,617.
The average cost of rent is $887/mo in Patricksburg, primarily driven by the current value of real estate in the Patricksburg area. While nearly 28.43% of residents own their homes outright in Patricksburg, 10.10% rent.
Housing affordability isn’t just about home prices, though. The average household income in Patricksburg is $5,059 per month. Households that rent pay about 17.53% of their income on rent here. Patricksburg's most expensive areas are in the eastern regions, while the cheapest areas are in the southwestern parts of the city.
Nearby Cities
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Cities with Similar Populations
- West Middleton, IN: higher priced homes
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- Grand Bluff, TX: equally priced homes
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- Grassy Lick, KY: higher priced homes
- Whitewater, MO: equally priced homes
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