Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Tri-Lakes area can be challenging. Home prices in Tri-Lakes are now at a median cost of $200,918, higher than the Indiana average of $175,617.
The average cost of rent is $953/mo in Tri-Lakes, primarily driven by the current value of real estate in the Tri-Lakes area. While nearly 45.24% of residents own their homes outright in Tri-Lakes, 9.95% rent.
Housing affordability isn’t just about home prices, though. The average household income in Tri-Lakes is $7,215 per month. Households that rent pay about 13.21% of their income on rent here. Tri-Lakes's most expensive areas are in the southern regions, while the cheapest areas are in the western parts of the city.
Nearby Cities
- Merriam, IN: less expensive homes
- Collins, IN: less expensive homes
- Columbia City, IN: less expensive homes
- Lorane, IN: equally priced homes
- Burr Oak, IN: equally priced homes
- Ormas, IN: less expensive homes
- Etna, IN: equally priced homes
- Green Center, IN: higher priced homes
- Churubusco, IN: less expensive homes
- Wolflake, IN: less expensive homes
Cities with Similar Populations
- Ogema, MN: less expensive homes
- Piney Park, MO: less expensive homes
- Pine Grove, MI: less expensive homes
- Piedra, CA: higher priced homes
- Peaks Island, ME: higher priced homes
- Ozark, IL: less expensive homes
- Olney, GA: less expensive homes
- Oliphant Furnace, PA: less expensive homes
- Old Albertville, WI: less expensive homes
- Pocahontas, TN: less expensive homes
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