
Affordable
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These days, finding an affordable place to live in the Riley area can be challenging. Home prices in Riley are now at a median cost of $279,671, higher than the Indiana average of $232,932.
The average cost of rent is $891/mo in Riley, primarily driven by the current value of real estate in the Riley area. In Riley, 12.12% of households rent, and 34.57% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Riley is $7,833 per month. Households that rent pay about 11.38% of their income on rent here. Riley’s most expensive areas are in the northwestern regions, while the cheapest areas are in the northeastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Keller, IN: equally priced homes
- Gospel Grove, IN: less expensive homes
- Youngstown, IN: less expensive homes
- Cory, IN: less expensive homes
- Terre Haute, IN: less expensive homes
- Pimento, IN: less expensive homes
- Seelyville, IN: less expensive homes
- Art, IN: less expensive homes
- Staunton, IN: less expensive homes
- Cloverland, IN: less expensive homes
Cities with Similar Populations
- Millwood, KY: less expensive homes
- New Hope, NC: less expensive homes
- Nelson, MN: equally priced homes
- Mulberry, GA: higher priced homes
- Mount Vernon, TN: less expensive homes
- Mortons Gap, KY: less expensive homes
- Moreland, AR: less expensive homes
- Moore Park, MI: less expensive homes
- Millwood, WV: less expensive homes
- New Milford, IL: less expensive homes
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