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Affordable
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These days, finding an affordable place to live in the Toll Gate Heights area can be challenging. Home prices in Toll Gate Heights are now at a median cost of $258,869, higher than the Indiana average of $232,932.
The average cost of rent is $794/mo in Toll Gate Heights, primarily driven by the current value of real estate in the Toll Gate Heights area. In Toll Gate Heights, 33.28% of households rent, and 45.67% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Toll Gate Heights is $6,330 per month. Households that rent pay about 12.54% of their income on rent here. Toll Gate Heights’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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