Expensive
Affordable
Affordable
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These days, finding an affordable place to live in the Peterson area can be challenging. Home prices in Peterson are now at a median cost of $263,000, higher than the Indiana average of $232,932.
The average cost of rent is $842/mo in Peterson, primarily driven by the current value of real estate in the Peterson area. In Peterson, 13.25% of households rent, and 18.44% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Peterson is $8,198 per month. Households that rent pay about 10.27% of their income on rent here. Peterson’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
- Preble, IN: less expensive homes
- Curryville, IN: equally priced homes
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- Decatur, IN: less expensive homes
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- Monmouth, IN: less expensive homes
- Toll Gate Heights, IN: equally priced homes
Cities with Similar Populations
- Woodstock, WI: less expensive homes
- Youngtown, ME: higher priced homes
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- Lockhart, CA: less expensive homes
- Young Hickory, OH: less expensive homes
- Lodi, OK: less expensive homes
- Wrightsville, NJ: higher priced homes
- Wright, AL: equally priced homes
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