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These days, finding an affordable place to live in the St. Philip area can be challenging. Home prices in St. Philip are now at a median cost of $282,275, higher than the Indiana average of $232,932.
The average cost of rent is $958/mo in St. Philip, primarily driven by the current value of real estate in the St. Philip area. In St. Philip, 2.21% of households rent, and 38.39% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in St. Philip is $8,673 per month. Households that rent pay about 11.04% of their income on rent here. St. Philip’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.
Nearby Cities
- Lippe, IN: less expensive homes
- Parkers Settlement, IN: equally priced homes
- Caborn, IN: higher priced homes
- West Franklin, IN: less expensive homes
- Marrs Center, IN: higher priced homes
- Wadesville, IN: equally priced homes
- Cypress, IN: less expensive homes
- Evansville, IN: less expensive homes
- Mount Vernon, IN: less expensive homes
- Oliver, IN: equally priced homes
Cities with Similar Populations
- Roy, LA: less expensive homes
- Martinsburg, IA: less expensive homes
- Max, MN: less expensive homes
- Mayoworth, WY: less expensive homes
- Maysville, CO: higher priced homes
- Maywood, MI: less expensive homes
- Mc Dowell, VA: equally priced homes
- McCook, IL: less expensive homes
- Rome, IN: less expensive homes
- Rosboro, AR: less expensive homes
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