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These days, finding an affordable place to live in the Sylvania area can be challenging. Home prices in Sylvania are now at a median cost of $190,447, lower than the Indiana average of $232,932.
The average cost of rent is $813/mo in Sylvania, primarily driven by the current value of real estate in the Sylvania area. In Sylvania, 12.80% of households rent, and 56.76% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Sylvania is $5,895 per month. Households that rent pay about 13.79% of their income on rent here. Sylvania’s most expensive areas are in the central regions, while the cheapest areas are in the northwestern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Tangier, IN: less expensive homes
- Bloomingdale, IN: less expensive homes
- Harveysburg, IN: less expensive homes
- Marshall, IN: less expensive homes
- Kingman, IN: less expensive homes
- West Union, IN: less expensive homes
- Centennial, IN: less expensive homes
- Wallace, IN: less expensive homes
- Lodi, IN: less expensive homes
- Newport, IN: less expensive homes
Cities with Similar Populations
- Sphinx Park, CO: higher priced homes
- Harmony, MS: less expensive homes
- Harmony, VA: less expensive homes
- Hartman, NC: less expensive homes
- Skeggs, VA: equally priced homes
- South Penobscot, ME: higher priced homes
- South Salem, IN: equally priced homes
- Southland, TX: higher priced homes
- Speer, IL: less expensive homes
- Harlem, LA: less expensive homes
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