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These days, finding an affordable place to live in the Westwood area can be challenging. Home prices in Westwood are now at a median cost of $197,858, lower than the Indiana average of $232,932.
The average cost of rent is $829/mo in Westwood, primarily driven by the current value of real estate in the Westwood area. In Westwood, 15.74% of households rent, and 37.69% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Westwood is $5,934 per month. Households that rent pay about 13.98% of their income on rent here. Westwood’s most expensive areas are in the central regions, while the cheapest areas are in the northwestern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Greensboro, IN: less expensive homes
- New Castle, IN: less expensive homes
- Cadiz, IN: equally priced homes
- Spiceland, IN: less expensive homes
- Kennard, IN: less expensive homes
- Sulphur Springs, IN: less expensive homes
- Mount Summit, IN: equally priced homes
- Lewisville, IN: less expensive homes
- Dunreith, IN: higher priced homes
- Shirley, IN: equally priced homes
Cities with Similar Populations
- Godahl, MN: higher priced homes
- Sterrettania, PA: higher priced homes
- Stephens, GA: equally priced homes
- Stanley, IA: less expensive homes
- Harris, AR: higher priced homes
- Greeley Center, NE: less expensive homes
- Grammer, IN: higher priced homes
- Grafton Center, NH: higher priced homes
- Goldsmith, TX: less expensive homes
- Stilson, GA: less expensive homes
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