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These days, finding an affordable place to live in the Waterford Mills area can be challenging. Home prices in Waterford Mills are now at a median cost of $259,350, higher than the Indiana average of $232,932.
The average cost of rent is $1,041/mo in Waterford Mills, primarily driven by the current value of real estate in the Waterford Mills area. In Waterford Mills, 18.91% of households rent, and 33.61% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Waterford Mills is $5,711 per month. Households that rent pay about 18.23% of their income on rent here. Waterford Mills’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
- Goshen, IN: less expensive homes
- Midway, IN: higher priced homes
- New Paris, IN: equally priced homes
- Millersburg, IN: higher priced homes
- Dunlap, IN: less expensive homes
- Southwest, IN: higher priced homes
- Foraker, IN: higher priced homes
- Middlebury, IN: higher priced homes
- Indian Village, IN: less expensive homes
- Milford Junction, IN: equally priced homes
Cities with Similar Populations
- Zittau, WI: higher priced homes
- Lincoln, KS: less expensive homes
- Lincoln, NJ: higher priced homes
- Lincoln, NM: higher priced homes
- Linlithgo, NY: higher priced homes
- Lippincott, PA: less expensive homes
- Listonia, GA: less expensive homes
- Litsey, KY: less expensive homes
- Little Venice, MI: less expensive homes
- Lloyd Crossroads, NC: less expensive homes
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