Home Price Key
Affordable
Average
Expensive
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 $200,900, higher than the Indiana average of $175,617.
The average cost of rent is $625/mo in Peterson, primarily driven by the current value of real estate in the Peterson area. While nearly 43.23% of residents own their homes outright in Peterson, 3.34% rent.
Housing affordability isn’t just about home prices, though. The average household income in Peterson is $7,585 per month. Households that rent pay about 8.24% 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.
Nearby Cities
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- Toll Gate Heights, IN: equally priced homes
Cities with Similar Populations
- Woodstock, WI: equally priced homes
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- Wrightsville, NJ: higher priced homes
- Wright, AL: higher priced homes
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