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Affordable
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These days, finding an affordable place to live in the Universal area can be challenging. Home prices in Universal are now at a median cost of $161,687, lower than the Indiana average of $232,932.
The average cost of rent is $567/mo in Universal, primarily driven by the current value of real estate in the Universal area. In Universal, 9.93% of households rent, and 50.94% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Universal is $6,304 per month. Households that rent pay about 9.00% of their income on rent here. Universal’s most expensive areas are in the central regions, while the cheapest areas are in the southern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Shirkieville, IN: equally priced homes
- Shepardsville, IN: higher priced homes
- Clinton, IN: less expensive homes
- Libertyville, IN: less expensive homes
- Fairview Park, IN: less expensive homes
- Tecumseh, IN: higher priced homes
- Jonestown, IN: less expensive homes
- Lyford, IN: less expensive homes
- Spelterville, IN: equally priced homes
- Summit Grove, IN: less expensive homes
Cities with Similar Populations
- Alger, WA: higher priced homes
- Asbury, AL: equally priced homes
- Altona, IN: less expensive homes
- Aquilla, OH: less expensive homes
- Pisgah, WV: higher priced homes
- Polk, KS: equally priced homes
- Poindexter, KY: higher priced homes
- Pocahontas, MO: higher priced homes
- Plevna, AL: higher priced homes
- Pleasant View, WV: less expensive homes
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