The Most Affordable Neighborhoods in Waverly Woods, IN by Home Value

 

Waverly Woods, IN Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Waverly Woods area can be challenging. Home prices in Waverly Woods are now at a median cost of $245,500, higher than the Indiana average of $232,932.

The average cost of rent is $1,051/mo in Waverly Woods, primarily driven by the current value of real estate in the Waverly Woods area. In Waverly Woods, 11.55% of households rent, and 46.95% of homeowners own their homes outright.

Housing affordability isn’t just about home prices, though. The average household income in Waverly Woods is $6,108 per month. Households that rent pay about 17.21% of their income on rent here. Waverly Woods’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.


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