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These days, finding an affordable place to live in the Washington area can be challenging. Home prices in Washington are now at a median cost of $166,464, lower than the Indiana average of $232,932.
The average cost of rent is $807/mo in Washington, primarily driven by the current value of real estate in the Washington area. In Washington, 36.38% of households rent, and 42.89% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Washington is $5,615 per month. Households that rent pay about 14.37% of their income on rent here. Washington’s most expensive areas are in the northeastern 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
- South Washington, IN: higher priced homes
- Maysville, IN: less expensive homes
- Glendale, IN: higher priced homes
- Montgomery, IN: higher priced homes
- Wheatland, IN: less expensive homes
- Plainville, IN: equally priced homes
- Ragsdale, IN: less expensive homes
- Cannelburg, IN: higher priced homes
- Indian Creek Settlement, IN: less expensive homes
- Monroe City, IN: equally priced homes
Cities with Similar Populations
- Seymour, CT: higher priced homes
- Denville, NJ: higher priced homes
- DeSoto, MO: higher priced homes
- East Highland Park, VA: higher priced homes
- East Longmeadow, MA: higher priced homes
- Elkhorn, WI: higher priced homes
- Eloy, AZ: higher priced homes
- Eureka, MO: higher priced homes
- Fairview, CA: higher priced homes
- Fairview Heights, IL: equally priced homes
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