Affordable
Expensive
Expensive
Colorblind friendly
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These days, finding an affordable place to live in the Raymond Park area can be challenging. Home prices in Raymond Park are now at a median cost of $232,666, lower than the Indianapolis average of $284,242.
The average cost of rent is $1,436/mo in Raymond Park, primarily driven by the current value of real estate in the Raymond Park area. In Raymond Park, 38.22% of households rent, and 42.98% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Raymond Park is $6,204 per month. Households that rent pay about 23.16% of their income on rent here. Raymond Park’s most expensive areas are in the eastern regions, while the cheapest areas are in the northwestern parts of the neighborhood.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Neighborhoods
- Glenroy Village, Indianapolis, IN: less expensive homes
- Irvington, Indianapolis, IN: equally priced homes
- New Bethel, Indianapolis, IN: higher priced homes
- Little Flower, Indianapolis, IN: less expensive homes
- Carson Square, Indianapolis, IN: equally priced homes
- Carson Heights, Indianapolis, IN: less expensive homes
- Martindale-Brightwood, Indianapolis, IN: less expensive homes
- University Heights and Rosedale Hills, Indianapolis, IN: less expensive homes
- Devington, Indianapolis, IN: equally priced homes
- Chatham-Arch, Indianapolis, IN: higher priced homes
Neighborhoods with Similar Populations
- Aetna, Gary, IN: less expensive homes
- Alessandro, San Bernardino, CA: higher priced homes
- Alger Heights, Grand Rapids, MI: equally priced homes
- Wyandotte, Louisville, KY: less expensive homes
- Alturas de Rio Grande, Rio Grande, PR: less expensive homes
- Placerdale, Chicago, IL: less expensive homes
- Southside Slopes, Pittsburgh, PA: less expensive homes
- Questa, Mountain House, CA: higher priced homes
- Regis, Denver, CO: higher priced homes
- Reparto Metropolitano, San Juan, PR: less expensive homes
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