Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Rochester area can be challenging. Home prices in Rochester are now at a median cost of $136,083, lower than the Indiana average of $175,617.
The average cost of rent is $879/mo in Rochester, primarily driven by the current value of real estate in the Rochester area. While nearly 42.49% of residents own their homes outright in Rochester, 28.60% rent.
Housing affordability isn’t just about home prices, though. The average household income in Rochester is $5,279 per month. Households that rent pay about 16.64% of their income on rent here. Rochester's most expensive areas are in the central regions, while the cheapest areas are in the northern parts of the city.
Nearby Cities
- Athens, IN: higher priced homes
- Tiosa, IN: less expensive homes
- Talma, IN: less expensive homes
- Walnut, IN: equally priced homes
- Deedsville, IN: equally priced homes
- Fulton, IN: less expensive homes
- Delong, IN: less expensive homes
- Macy, IN: less expensive homes
- Akron, IN: equally priced homes
- Kewanna, IN: less expensive homes
Cities with Similar Populations
- Mount Pleasant, IA: equally priced homes
- Monongahela, PA: equally priced homes
- Montevallo, AL: equally priced homes
- Monticello, AR: equally priced homes
- Monticello, NY: higher priced homes
- Montoursville, PA: higher priced homes
- Montpelier, VT: higher priced homes
- Morro Bay, CA: higher priced homes
- Moscow, PA: higher priced homes
- Moseley, VA: higher priced homes
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