The Most Affordable Neighborhoods in Salem Heights, IN by Home Value

 

Salem Heights, IN Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Salem Heights area can be challenging. Home prices in Salem Heights are now at a median cost of $179,057, higher than the Indiana average of $175,617.

The average cost of rent is $859/mo in Salem Heights, primarily driven by the current value of real estate in the Salem Heights area. While nearly 41.88% of residents own their homes outright in Salem Heights, 6.08% rent.

Housing affordability isn’t just about home prices, though. The average household income in Salem Heights is $9,353 per month. Households that rent pay about 9.19% of their income on rent here. Salem Heights's most expensive areas are in the northeastern regions, while the cheapest areas are in the central parts of the city.


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