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These days, finding an affordable place to live in the Randolph area can be challenging. Home prices in Randolph are now at a median cost of $152,034, lower than the Indiana average of $232,932.
The average cost of rent is $702/mo in Randolph, primarily driven by the current value of real estate in the Randolph area. In Randolph, 16.17% of households rent, and 57.28% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Randolph is $6,581 per month. Households that rent pay about 10.66% of their income on rent here. Randolph’s most expensive areas are in the eastern regions, while the cheapest areas are in the western parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Saratoga, IN: higher priced homes
- Ridgeville, IN: less expensive homes
- Stone, IN: less expensive homes
- Winchester, IN: less expensive homes
- New Pittsburg, IN: equally priced homes
- Bluff Point, IN: equally priced homes
- Harrisville, IN: higher priced homes
- Powers, IN: less expensive homes
- Maxville, IN: higher priced homes
- Collett, IN: equally priced homes
Cities with Similar Populations
- Black Bottom, KY: less expensive homes
- Barnesville, MO: higher priced homes
- Barnhart, TX: higher priced homes
- Barton, AL: higher priced homes
- Bathgate, ND: less expensive homes
- Bearden, OK: higher priced homes
- Beardsley, KS: less expensive homes
- Beecher Island, CO: higher priced homes
- Belle Eagle, TN: equally priced homes
- Bergoo, WV: less expensive homes
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