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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 $205,905, lower than the Indiana average of $232,932.
The average cost of rent is $829/mo in Salem Heights, primarily driven by the current value of real estate in the Salem Heights area. In Salem Heights, 16.73% of households rent, and 27.09% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Salem Heights is $7,531 per month. Households that rent pay about 11.01% of their income on rent here. Salem Heights’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
- Stillwell, IN: equally priced homes
- Monroe Manor, IN: equally priced homes
- Mill Creek, IN: higher priced homes
- Kingsbury, IN: equally priced homes
- La Porte, IN: equally priced homes
- Rolling Prairie, IN: higher priced homes
- Tracy, IN: less expensive homes
- South Center, IN: less expensive homes
- Kingsford Heights, IN: less expensive homes
- Pinola, IN: higher priced homes
Cities with Similar Populations
- Symco, WI: higher priced homes
- Eglon, KY: less expensive homes
- Elm Grove, NC: less expensive homes
- Emerson, IA: less expensive homes
- Entlerville, PA: equally priced homes
- Epworth, OH: higher priced homes
- Estral Beach, MI: less expensive homes
- Hunter, NY: higher priced homes
- Spring Hill, TX: less expensive homes
- Spurgeon, IN: less expensive homes
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