Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Troy area can be challenging. Home prices in Troy are now at a median cost of $152,165, lower than the Indiana average of $175,617.
The average cost of rent is $668/mo in Troy, primarily driven by the current value of real estate in the Troy area. While nearly 37.08% of residents own their homes outright in Troy, 21.76% rent.
Housing affordability isn’t just about home prices, though. The average household income in Troy is $5,866 per month. Households that rent pay about 11.39% of their income on rent here. Troy's most expensive areas are in the northeastern regions, while the cheapest areas are in the eastern parts of the city.
Nearby Cities
- New Boston, IN: equally priced homes
- Evanston, IN: equally priced homes
- Tell City, IN: less expensive homes
- Gatchel, IN: higher priced homes
- Fulda, IN: higher priced homes
- Lilly Dale, IN: higher priced homes
- Cannelton, IN: less expensive homes
- Petri, KY: less expensive homes
- Lamar, IN: higher priced homes
- Newtonville, IN: equally priced homes
Cities with Similar Populations
- East Avon, NY: equally priced homes
- Franklin, WV: less expensive homes
- Fort McDowell, AZ: higher priced homes
- Fleming, CO: higher priced homes
- Falls Village, CT: higher priced homes
- Eureka, TX: less expensive homes
- Egypt, NY: higher priced homes
- Edgemere, ID: higher priced homes
- Ebenezer, SC: higher priced homes
- Eaton, NY: less expensive homes
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