Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Raleigh area can be challenging. Home prices in Raleigh are now at a median cost of $91,000, lower than the Indiana average of $175,617.
The average cost of rent is $913/mo in Raleigh, primarily driven by the current value of real estate in the Raleigh area. While nearly 47.33% of residents own their homes outright in Raleigh, 40.34% rent.
Housing affordability isn’t just about home prices, though. The average household income in Raleigh is $4,336 per month. Households that rent pay about 21.06% of their income on rent here. Raleigh's most expensive areas are in the eastern regions, while the cheapest areas are in the southeastern parts of the city.
Nearby Cities
- Mays, IN: higher priced homes
- Falmouth, IN: higher priced homes
- Lewisville, IN: equally priced homes
- Dunreith, IN: higher priced homes
- Ogden, IN: higher priced homes
- Sexton, IN: higher priced homes
- Gings, IN: higher priced homes
- Straughn, IN: higher priced homes
- Spiceland, IN: higher priced homes
- Knightstown, IN: higher priced homes
Cities with Similar Populations
- White Sulphur Springs, GA: higher priced homes
- Burr, KY: less expensive homes
- Caddo, TX: higher priced homes
- Cade, OK: higher priced homes
- Cameron, OH: higher priced homes
- Canones, NM: higher priced homes
- Canton, IN: higher priced homes
- Carneiro, KS: equally priced homes
- Wheeless, OK: equally priced homes
- Bullock Creek, MI: higher priced homes
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