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These days, finding an affordable place to live in the Philomath area can be challenging. Home prices in Philomath are now at a median cost of $192,881, lower than the Indiana average of $232,932.
The average cost of rent is $806/mo in Philomath, primarily driven by the current value of real estate in the Philomath area. In Philomath, 5.74% of households rent, and 31.78% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Philomath is $7,839 per month. Households that rent pay about 10.29% of their income on rent here. Philomath’s most expensive areas are in the central regions, while the cheapest areas are in the southern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Brownsville, IN: equally priced homes
- Centerville, IN: equally priced homes
- Lyonsville, IN: equally priced homes
- Boston, IN: higher priced homes
- Liberty, IN: less expensive homes
- East Germantown, IN: less expensive homes
- Alquina, IN: equally priced homes
- Milton, IN: less expensive homes
- Richmond, IN: less expensive homes
- Connersville, IN: less expensive homes
Cities with Similar Populations
- Greilickville, MI: higher priced homes
- Hatchville, WI: higher priced homes
- Harrison, MT: higher priced homes
- Hamer, NC: equally priced homes
- Hamburg, CT: higher priced homes
- Halls Corners, OH: less expensive homes
- Hailey, MO: less expensive homes
- Guy, KY: equally priced homes
- Guildhall, VT: equally priced homes
- Guerne, OH: equally priced homes
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