Affordable
Expensive
Expensive
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These days, finding an affordable place to live in the Waterford area can be challenging. Home prices in Waterford are now at a median cost of $209,488, lower than the Indiana average of $232,932.
The average cost of rent is $1,146/mo in Waterford, primarily driven by the current value of real estate in the Waterford area. In Waterford, 21.76% of households rent, and 48.27% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Waterford is $6,355 per month. Households that rent pay about 18.04% of their income on rent here. Waterford’s most expensive areas are in the southern regions, while the cheapest areas are in the northern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Trail Creek, IN: less expensive homes
- Michigan City, IN: less expensive homes
- Pinola, IN: higher priced homes
- Pottawattamie Park, IN: higher priced homes
- Long Beach, IN: higher priced homes
- Town of Pines, IN: less expensive homes
- Otis, IN: higher priced homes
- Michiana Shores, IN: higher priced homes
- La Porte, IN: equally priced homes
- Michiana, MI: higher priced homes
Cities with Similar Populations
- Rockdale, WI: higher priced homes
- Locust Grove, AR: less expensive homes
- Lolita, TX: equally priced homes
- Lower Salem, OH: less expensive homes
- Lyons, WI: higher priced homes
- Macomb, OK: less expensive homes
- Manchester-By-The-Sea, MA: higher priced homes
- Manns Harbor, NC: higher priced homes
- Marlow, NH: higher priced homes
- Marty, SD: higher priced homes
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