
Expensive
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These days, finding an affordable place to live in the Preble area can be challenging. Home prices in Preble are now at a median cost of $239,125, higher than the Indiana average of $232,932.
The average cost of rent is $961/mo in Preble, primarily driven by the current value of real estate in the Preble area. In Preble, 12.36% of households rent, and 41.88% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Preble is $5,903 per month. Households that rent pay about 16.28% of their income on rent here. Preble’s most expensive areas are in the central 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
- Magley, IN: equally priced homes
- Peterson, IN: higher priced homes
- Decatur, IN: less expensive homes
- Monmouth, IN: equally priced homes
- Tocsin, IN: less expensive homes
- Curryville, IN: higher priced homes
- Poe, IN: less expensive homes
- Craigville, IN: higher priced homes
- Honduras, IN: higher priced homes
- Hoagland, IN: higher priced homes
Cities with Similar Populations
- Cody, NE: less expensive homes
- Chalybeate, PA: equally priced homes
- Champion, AL: less expensive homes
- Channing, MI: less expensive homes
- Circle Hill, OH: higher priced homes
- Clarksville, IL: less expensive homes
- Cleveland, IL: less expensive homes
- Climax, CO: higher priced homes
- Clinchport, VA: less expensive homes
- Center Junction, IA: less expensive homes
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