Affordable
Expensive
Expensive
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These days, finding an affordable place to live in the Peerless area can be challenging. Home prices in Peerless are now at a median cost of $229,100, lower than the Indiana average of $232,932.
The average cost of rent is $1,025/mo in Peerless, primarily driven by the current value of real estate in the Peerless area. In Peerless, 3.67% of households rent, and 56.71% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Peerless is $6,786 per month. Households that rent pay about 15.10% of their income on rent here. Peerless’s most expensive areas are in the central regions, while the cheapest areas are in the central parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- East Oolitic, IN: equally priced homes
- Coveyville, IN: equally priced homes
- Oolitic, IN: less expensive homes
- Avoca, IN: higher priced homes
- Bedford, IN: less expensive homes
- Shawswick, IN: equally priced homes
- Heltonville, IN: equally priced homes
- Fort Ritner, IN: less expensive homes
- Fayetteville, IN: equally priced homes
- Crawford, IN: higher priced homes
Cities with Similar Populations
- Shannon, TX: higher priced homes
- McNeals Corner, VA: higher priced homes
- McPhersonville, SC: less expensive homes
- Menauhant, MA: higher priced homes
- Mercier, KS: less expensive homes
- Mermet, IL: less expensive homes
- Middlebourne, OH: less expensive homes
- Midway, KS: less expensive homes
- Milam, WV: equally priced homes
- Scotland Beach, MD: higher priced homes
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