Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Rutland area can be challenging. Home prices in Rutland are now at a median cost of $154,665, lower than the Indiana average of $175,617.
The average cost of rent is $912/mo in Rutland, primarily driven by the current value of real estate in the Rutland area. While nearly 34.57% of residents own their homes outright in Rutland, 17.51% rent.
Housing affordability isn’t just about home prices, though. The average household income in Rutland is $5,115 per month. Households that rent pay about 17.82% of their income on rent here. Rutland's most expensive areas are in the western regions, while the cheapest areas are in the eastern parts of the city.
Nearby Cities
- Plymouth, IN: less expensive homes
- Linkville, IN: less expensive homes
- Donaldson, IN: higher priced homes
- Twin Lakes, IN: higher priced homes
- La Paz, IN: less expensive homes
- Teegarden, IN: higher priced homes
- Tyner, IN: higher priced homes
- Koontz Lake, IN: less expensive homes
- La Paz Junction, IN: higher priced homes
- Hibbard, IN: higher priced homes
Cities with Similar Populations
- Winifred, MT: equally priced homes
- Horton Bay, MI: higher priced homes
- Houghton Point, MI: equally priced homes
- House Creek, MO: higher priced homes
- Huslia, AK: less expensive homes
- Worthen, AR: equally priced homes
- Ingersoll, OK: less expensive homes
- Winston, VA: higher priced homes
- Winona, KS: less expensive homes
- Horsegall, SC: less expensive homes
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