The Most Affordable Neighborhoods in Pikes Peak, IN by Home Value

 

Pikes Peak, IN Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Pikes Peak area can be challenging. Home prices in Pikes Peak are now at a median cost of $195,849, higher than the Indiana average of $175,617.

The average cost of rent is $775/mo in Pikes Peak, primarily driven by the current value of real estate in the Pikes Peak area. While nearly 37.77% of residents own their homes outright in Pikes Peak, 13.71% rent.

Housing affordability isn’t just about home prices, though. The average household income in Pikes Peak is $4,779 per month. Households that rent pay about 16.22% of their income on rent here. Pikes Peak's most expensive areas are in the central regions, while the cheapest areas are in the central parts of the city.


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