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Expensive
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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 $159,116, lower than the Indianapolis average of $284,242.
The average cost of rent is $927/mo in University Heights and Rosedale Hills, primarily driven by the current value of real estate in the University Heights and Rosedale Hills area. In University Heights and Rosedale Hills, 52.52% of households rent, and 31.75% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in University Heights and Rosedale Hills is $4,585 per month. Households that rent pay about 20.22% of their income on rent here. University Heights and Rosedale Hills’s most expensive areas are in the southeastern regions, while the cheapest areas are in the northeastern parts of the neighborhood.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Neighborhoods
- Carson Heights, Indianapolis, IN: less expensive homes
- West Edgewood, Indianapolis, IN: higher priced homes
- Carson Square, Indianapolis, IN: higher priced homes
- Glenroy Village, Indianapolis, IN: higher priced homes
- Downtown Indianapolis, Indianapolis, IN: higher priced homes
- Chatham-Arch, Indianapolis, IN: higher priced homes
- St. Joseph Historic Neighborhood, Indianapolis, IN: higher priced homes
- Little Flower, Indianapolis, IN: equally priced homes
- Irvington, Indianapolis, IN: higher priced homes
- Martindale-Brightwood, Indianapolis, IN: higher priced homes
Neighborhoods with Similar Populations
- Ardenwald, Milwaukie, OR: higher priced homes
- University Park-Jacksonville, Jacksonville, FL: higher priced homes
- Downtown Elyria, Elyria, OH: less expensive homes
- Village Park, McKinney, TX: higher priced homes
- Washington Park Historic District, North Plainfield, NJ: higher priced homes
- Washington Square, Santa Ana, CA: higher priced homes
- Waterway Village, Kissimmee, FL: higher priced homes
- Waverly Hills, Arlington, VA: higher priced homes
- West Huntington, Huntington, WV: less expensive homes
- Broadmoor, Daly City, CA: higher priced homes
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