Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Trafalgar area can be challenging. Home prices in Trafalgar are now at a median cost of $241,474, higher than the Indiana average of $175,617.
The average cost of rent is $847/mo in Trafalgar, primarily driven by the current value of real estate in the Trafalgar area. While nearly 31.13% of residents own their homes outright in Trafalgar, 11.65% rent.
Housing affordability isn’t just about home prices, though. The average household income in Trafalgar is $7,934 per month. Households that rent pay about 10.68% of their income on rent here. Trafalgar's most expensive areas are in the southeastern regions, while the cheapest areas are in the central parts of the city.
Nearby Cities
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- Fruitdale, IN: less expensive homes
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- Franklin, IN: less expensive homes
Cities with Similar Populations
- North Hampton, NH: higher priced homes
- Pegram, TN: equally priced homes
- Pearson, GA: less expensive homes
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- Paynesville, MN: less expensive homes
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- Pawhuska, OK: less expensive homes
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- Pamplico, SC: less expensive homes
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