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These days, finding an affordable place to live in the Swanington area can be challenging. Home prices in Swanington are now at a median cost of $244,394, higher than the Indiana average of $232,932.
The average cost of rent is $637/mo in Swanington, primarily driven by the current value of real estate in the Swanington area. In Swanington, 20.33% of households rent, and 43.86% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Swanington is $5,433 per month. Households that rent pay about 11.73% of their income on rent here. Swanington’s most expensive areas are in the central regions, while the cheapest areas are in the southwestern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Lochiel, IN: equally priced homes
- Oxford, IN: less expensive homes
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- Boswell, IN: less expensive homes
- Otterbein, IN: less expensive homes
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- Earl Park, IN: less expensive homes
Cities with Similar Populations
- St. Charles, SD: less expensive homes
- Holland Gin, AL: equally priced homes
- Holts Crossing, VA: less expensive homes
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- Springbrook, OH: less expensive homes
- Springton, WV: less expensive homes
- Springwood, VA: higher priced homes
- St. Augustine, MD: higher priced homes
- St. Augustine, PA: less expensive homes
- St. Bernice, IN: less expensive homes
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