Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Paynesville area can be challenging. Home prices in Paynesville are now at a median cost of $147,805, lower than the Indiana average of $175,617.
The average cost of rent is $1,454/mo in Paynesville, primarily driven by the current value of real estate in the Paynesville area. While nearly 26.94% of residents own their homes outright in Paynesville, 22.69% rent.
Housing affordability isn’t just about home prices, though. The average household income in Paynesville is $6,143 per month. Households that rent pay about 23.67% of their income on rent here. Paynesville's most expensive areas are in the central regions, while the cheapest areas are in the central parts of the city.
Nearby Cities
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Cities with Similar Populations
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- Monie, MD: higher priced homes
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