Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Rays Crossing area can be challenging. Home prices in Rays Crossing are now at a median cost of $245,000, higher than the Indiana average of $175,617.
The average cost of rent is $818/mo in Rays Crossing, primarily driven by the current value of real estate in the Rays Crossing area. While nearly 33.54% of residents own their homes outright in Rays Crossing, 5.29% rent.
Housing affordability isn’t just about home prices, though. The average household income in Rays Crossing is $9,286 per month. Households that rent pay about 8.81% of their income on rent here. Rays Crossing'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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