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Affordable
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These days, finding an affordable place to live in the Pike area can be challenging. Home prices in Pike are now at a median cost of $252,032, higher than the Indiana average of $232,932.
The average cost of rent is $993/mo in Pike, primarily driven by the current value of real estate in the Pike area. In Pike, 5.11% of households rent, and 31.12% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Pike is $8,694 per month. Households that rent pay about 11.42% of their income on rent here. Pike’s most expensive areas are in the southeastern 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
- Mechanicsburg, IN: equally priced homes
- Stringtown, IN: equally priced homes
- Ulen, IN: higher priced homes
- Lebanon, IN: less expensive homes
- Thorntown, IN: equally priced homes
- Elizaville, IN: higher priced homes
- Cyclone, IN: less expensive homes
- Dover, IN: higher priced homes
- Kirklin, IN: less expensive homes
- Manson, IN: equally priced homes
Cities with Similar Populations
- Wapping, MA: higher priced homes
- Eek, AK: less expensive homes
- Effie, MN: less expensive homes
- Eola, TX: higher priced homes
- Epworth, KY: less expensive homes
- Wakpala, SD: less expensive homes
- Walhain, WI: higher priced homes
- Wallace, AR: less expensive homes
- Wallace, IN: less expensive homes
- Wallace, LA: less expensive homes
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