The Most Affordable Neighborhoods in Vanderburgh County, IN by Home Value

 

Vanderburgh County, IN Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Vanderburgh County area can be challenging. Home prices in Vanderburgh County are now at a median cost of $185,019, lower than the Indiana average of $232,932.

The average cost of rent is $1,140/mo in Vanderburgh County, primarily driven by the current value of real estate in the Vanderburgh County area. In Vanderburgh County, 34.96% of households rent, and 39.06% of homeowners own their homes outright.

Housing affordability isn’t just about home prices, though. The average household income in Vanderburgh County is $5,831 per month. Households that rent pay about 19.54% of their income on rent here. Vanderburgh County’s most expensive areas are in the northeastern regions, while the cheapest areas are in the central parts of the county.

Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.


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