The Most Affordable Neighborhoods in Tell City, IN by Home Value

 

Tell City, IN Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Tell City area can be challenging. Home prices in Tell City are now at a median cost of $158,756, lower than the Indiana average of $232,932.

The average cost of rent is $786/mo in Tell City, primarily driven by the current value of real estate in the Tell City area. In Tell City, 29.89% of households rent, and 38.10% of homeowners own their homes outright.

Housing affordability isn’t just about home prices, though. The average household income in Tell City is $5,027 per month. Households that rent pay about 15.64% of their income on rent here. Tell City’s most expensive areas are in the northeastern regions, while the cheapest areas are in the western 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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