Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Princes Lakes area can be challenging. Home prices in Princes Lakes are now at a median cost of $180,604, higher than the Indiana average of $175,617.
The average cost of rent is $1,106/mo in Princes Lakes, primarily driven by the current value of real estate in the Princes Lakes area. While nearly 27.33% of residents own their homes outright in Princes Lakes, 3.11% rent.
Housing affordability isn’t just about home prices, though. The average household income in Princes Lakes is $6,595 per month. Households that rent pay about 16.77% of their income on rent here. Princes Lakes's most expensive areas are in the western regions, while the cheapest areas are in the central parts of the city.
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Cities with Similar Populations
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