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Affordable
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These days, finding an affordable place to live in the Rural area can be challenging. Home prices in Rural are now at a median cost of $171,720, lower than the Indiana average of $232,932.
The average cost of rent is $786/mo in Rural, primarily driven by the current value of real estate in the Rural area. In Rural, 6.43% of households rent, and 67.31% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Rural is $6,293 per month. Households that rent pay about 12.50% of their income on rent here. Rural’s most expensive areas are in the eastern regions, while the cheapest areas are in the central parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Snow Hill, IN: less expensive homes
- Winchester, IN: less expensive homes
- Lynn, IN: less expensive homes
- Stone, IN: less expensive homes
- Spartanburg, IN: less expensive homes
- Harrisville, IN: equally priced homes
- South Salem, IN: higher priced homes
- Crete, IN: less expensive homes
- Bloomingport, IN: equally priced homes
- Unionport, IN: higher priced homes
Cities with Similar Populations
- Lake Fork, OH: higher priced homes
- Johnson Park, CA: higher priced homes
- Jolly, TX: higher priced homes
- Jordan, WV: higher priced homes
- Jud, ND: less expensive homes
- Jugtown, MD: higher priced homes
- Juniata, IA: higher priced homes
- Kaseville, PA: higher priced homes
- Kellner, WI: higher priced homes
- Kennard, VA: higher priced homes
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