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Affordable
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These days, finding an affordable place to live in the Shady Hills area can be challenging. Home prices in Shady Hills are now at a median cost of $170,114, lower than the Indiana average of $232,932.
The average cost of rent is $1,068/mo in Shady Hills, primarily driven by the current value of real estate in the Shady Hills area. In Shady Hills, 15.06% of households rent, and 37.25% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Shady Hills is $6,836 per month. Households that rent pay about 15.62% of their income on rent here. Shady Hills’s most expensive areas are in the northern regions, while the cheapest areas are in the western parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Marion, IN: less expensive homes
- Jalapa, IN: equally priced homes
- Hanfield, IN: higher priced homes
- Sweetser, IN: equally priced homes
- La Fontaine, IN: less expensive homes
- Mier, IN: higher priced homes
- Van Buren, IN: less expensive homes
- Gas City, IN: less expensive homes
- Pleasant Plain, IN: equally priced homes
- Jonesboro, IN: less expensive homes
Cities with Similar Populations
- Chatfield, OH: higher priced homes
- Waverly Mills, SC: higher priced homes
- Wanderoos, WI: higher priced homes
- Walnut Hill, FL: equally priced homes
- Wallaceville, PA: less expensive homes
- Wahak Hotrontk, AZ: less expensive homes
- Volney, VA: less expensive homes
- Vaughn Hollow, RI: higher priced homes
- Town Creek, NC: higher priced homes
- Clarkston Heights, WA: higher priced homes
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