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These days, finding an affordable place to live in the Russellville area can be challenging. Home prices in Russellville are now at a median cost of $250,797, higher than the Indiana average of $232,932.
The average cost of rent is $957/mo in Russellville, primarily driven by the current value of real estate in the Russellville area. In Russellville, 3.61% of households rent, and 58.39% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Russellville is $5,679 per month. Households that rent pay about 16.86% of their income on rent here. Russellville’s most expensive areas are in the central 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
- Milligan, IN: equally priced homes
- Parkersburg, IN: equally priced homes
- Waveland, IN: less expensive homes
- Deer Mill, IN: less expensive homes
- Portland Mills, IN: less expensive homes
- Fincastle, IN: less expensive homes
- Morton, IN: less expensive homes
- Guion, IN: equally priced homes
- New Market, IN: equally priced homes
- New Maysville, IN: less expensive homes
Cities with Similar Populations
- Sunny Side, VA: equally priced homes
- Edgar, NE: less expensive homes
- Edmond, WV: less expensive homes
- Edwardsville, AL: less expensive homes
- Ellard, MS: less expensive homes
- Elmwood Park, WI: equally priced homes
- Emerson, NY: less expensive homes
- Enon Grove, GA: less expensive homes
- Eoline, AL: less expensive homes
- Fenwick Island, DE: higher priced homes
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