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These days, finding an affordable place to live in the Vienna area can be challenging. Home prices in Vienna are now at a median cost of $190,807, lower than the Indiana average of $232,932.
The average cost of rent is $965/mo in Vienna, primarily driven by the current value of real estate in the Vienna area. In Vienna, 17.30% of households rent, and 46.23% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Vienna is $6,420 per month. Households that rent pay about 15.03% of their income on rent here. Vienna’s most expensive areas are in the central regions, while the cheapest areas are in the northeastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
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