Affordable
Expensive
Expensive
Colorblind friendly
off
These days, finding an affordable place to live in the Spencer County area can be challenging. Home prices in Spencer County are now at a median cost of $202,968, lower than the Indiana average of $232,932.
The average cost of rent is $824/mo in Spencer County, primarily driven by the current value of real estate in the Spencer County area. In Spencer County, 18.66% of households rent, and 41.11% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Spencer County is $6,651 per month. Households that rent pay about 12.39% of their income on rent here. Spencer County’s most expensive areas are in the northeastern regions, while the cheapest areas are in the western parts of the county.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Counties
- Perry County, IN: less expensive homes
- Warrick County, IN: higher priced homes
- Vanderburgh County, IN: equally priced homes
- Posey County, IN: equally priced homes
- Meade County, KY: equally priced homes
- White County, IL: less expensive homes
- Bullitt County, KY: higher priced homes
- Hamilton County, IL: less expensive homes
- Spencer County, KY: higher priced homes
- Franklin County, IL: less expensive homes
Counties with Similar Populations
- Dawson County, GA: higher priced homes
- West Feliciana Parish, LA: higher priced homes
- Westmoreland County, VA: higher priced homes
- Elmore County, ID: higher priced homes
- Dunklin County, MO: less expensive homes
- Dillon County, SC: less expensive homes
- DeWitt County, TX: equally priced homes
- DeKalb County, TN: higher priced homes
- Decatur County, IN: equally priced homes
- Decatur County, GA: less expensive homes
No other site shows detail at this level for free. We are able to keep this site free by receiving a small commission from the referring links below if you book, rent, or request a lead at no cost to you. Please share or cite this page if you aren’t able to otherwise support our work.
Map interface © Mapbox © OpenStreetMap Map data and content © bestneighborhood