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Affordable
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These days, finding an affordable place to live in the Spurgeons Corner area can be challenging. Home prices in Spurgeons Corner are now at a median cost of $328,000, higher than the Indiana average of $232,932.
The average cost of rent is $869/mo in Spurgeons Corner, primarily driven by the current value of real estate in the Spurgeons Corner area. In Spurgeons Corner, 16.57% of households rent, and 30.70% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Spurgeons Corner is $7,431 per month. Households that rent pay about 11.69% of their income on rent here. Spurgeons Corner’s most expensive areas are in the central 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.
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