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Affordable
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These days, finding an affordable place to live in the Poneto area can be challenging. Home prices in Poneto are now at a median cost of $189,451, lower than the Indiana average of $232,932.
The average cost of rent is $605/mo in Poneto, primarily driven by the current value of real estate in the Poneto area. In Poneto, 9.40% of households rent, and 37.21% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Poneto is $5,929 per month. Households that rent pay about 10.21% of their income on rent here. Poneto’s most expensive areas are in the southwestern regions, while the cheapest areas are in the northeastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Keystone, IN: equally priced homes
- Mount Zion, IN: equally priced homes
- Liberty Center, IN: less expensive homes
- Petroleum, IN: less expensive homes
- Reiffsburg, IN: less expensive homes
- Montpelier, IN: less expensive homes
- Fiat, IN: higher priced homes
- Bluffton, IN: equally priced homes
- Rockford, IN: higher priced homes
- Dillman, IN: higher priced homes
Cities with Similar Populations
- Cobb, OK: higher priced homes
- Weaubleau, MO: less expensive homes
- Waynesville, IL: less expensive homes
- Wayne Lakes, OH: less expensive homes
- Vaughns Mill, KY: less expensive homes
- Twelve Mile, IN: equally priced homes
- Danube, MN: equally priced homes
- Cordova, NC: less expensive homes
- Coppinville, AL: higher priced homes
- Conner, MT: higher priced homes
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