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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 $160,202, lower than the Indiana average of $232,932.
The average cost of rent is $962/mo in Walnut Ridge, primarily driven by the current value of real estate in the Walnut Ridge area. In Walnut Ridge, 16.46% of households rent, and 33.07% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Walnut Ridge is $5,542 per month. Households that rent pay about 17.36% 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.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Dupont, IN: higher priced homes
- San Jacinto, IN: equally priced homes
- Grayford, IN: equally priced homes
- Lovett, IN: higher priced homes
- Vernon, IN: equally priced homes
- Commiskey, IN: higher priced homes
- Paris, IN: higher priced homes
- North Vernon, IN: equally priced homes
- Hayden, IN: higher priced homes
- Butlerville, IN: higher priced homes
Cities with Similar Populations
- Sarton, WV: higher priced homes
- Menlo, KS: higher priced homes
- Mercer, NE: higher priced homes
- Mercyville, MO: equally priced homes
- Mills, NE: less expensive homes
- Millsfield, TN: equally priced homes
- Salem Center, NY: higher priced homes
- Saline, MO: less expensive homes
- Samantha, OH: higher priced homes
- Samaria, NC: equally priced homes
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