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These days, finding an affordable place to live in the South Boston area can be challenging. Home prices in South Boston are now at a median cost of $198,663, lower than the Indiana average of $232,932.
The average cost of rent is $832/mo in South Boston, primarily driven by the current value of real estate in the South Boston area. In South Boston, 10.70% of households rent, and 39.65% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in South Boston is $5,862 per month. Households that rent pay about 14.20% of their income on rent here. South Boston’s most expensive areas are in the western regions, while the cheapest areas are in the northern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Canton, IN: equally priced homes
- New Philadelphia, IN: equally priced homes
- New Pekin, IN: less expensive homes
- Little York, IN: less expensive homes
- Salem, IN: less expensive homes
- Pekin, IN: equally priced homes
- Daisy Hill, IN: equally priced homes
- Leota, IN: higher priced homes
- McCol Place, IN: equally priced homes
- Kossuth, IN: less expensive homes
Cities with Similar Populations
- Napoleon, MO: higher priced homes
- Pine Mills, TX: higher priced homes
- Pemberton, MN: higher priced homes
- Pecaniere, LA: equally priced homes
- Peaks Mill, KY: higher priced homes
- Patterson Creek, WV: higher priced homes
- Ottawa, MN: higher priced homes
- Olmsted, IL: less expensive homes
- Old Boston, TX: equally priced homes
- Oakford, IL: less expensive homes
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