The Most Affordable Neighborhoods in Vera Cruz, IN by Home Value

 

Vera Cruz, IN Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Vera Cruz area can be challenging. Home prices in Vera Cruz are now at a median cost of $240,109, higher than the Indiana average of $175,617.

The average cost of rent is $703/mo in Vera Cruz, primarily driven by the current value of real estate in the Vera Cruz area. While nearly 35.29% of residents own their homes outright in Vera Cruz, 12.45% rent.

Housing affordability isn’t just about home prices, though. The average household income in Vera Cruz is $6,546 per month. Households that rent pay about 10.74% of their income on rent here. Vera Cruz's most expensive areas are in the northeastern regions, while the cheapest areas are in the eastern parts of the city.


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