
Home Price Key
These days, finding an affordable place to live in the Walnut Ridge area can be challenging. Home prices in Walnut Ridge are now at a median cost of $154,120, lower than the Indiana average of $175,617.
The average cost of rent is $928/mo in Walnut Ridge, primarily driven by the current value of real estate in the Walnut Ridge area. While nearly 52.36% of residents own their homes outright in Walnut Ridge, 6.42% rent.
Housing affordability isn’t just about home prices, though. The average household income in Walnut Ridge is $4,596 per month. Households that rent pay about 20.19% of their income on rent here. Walnut Ridge's most expensive areas are in the central regions, while the cheapest areas are in the central parts of the city.
Nearby Cities
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Cities with Similar Populations
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- Millsfield, TN: higher priced homes
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