The Most Affordable Neighborhoods in University Heights and Rosedale Hills, Indianapolis, IN by Home Value

 

University Heights and Rosedale Hills, Indianapolis, IN Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the University Heights and Rosedale Hills area can be challenging. Home prices in University Heights and Rosedale Hills are now at a median cost of $124,718, lower than the Indianapolis average of $208,965.

The average cost of rent is $958/mo in University Heights and Rosedale Hills, primarily driven by the current value of real estate in the University Heights and Rosedale Hills area. While nearly 29.78% of residents own their homes outright in University Heights and Rosedale Hills, 52.56% rent.

Housing affordability isn’t just about home prices, though. The average household income in University Heights and Rosedale Hills is $4,259 per month. Households that rent pay about 22.51% of their income on rent here. University Heights and Rosedale Hills's most expensive areas are in the northeastern regions, while the cheapest areas are in the northern parts of the neighborhood.


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