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These days, finding an affordable place to live in the Winamac area can be challenging. Home prices in Winamac are now at a median cost of $156,255, lower than the Indiana average of $232,932.
The average cost of rent is $650/mo in Winamac, primarily driven by the current value of real estate in the Winamac area. In Winamac, 31.42% of households rent, and 43.83% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Winamac is $5,132 per month. Households that rent pay about 12.66% of their income on rent here. Winamac’s most expensive areas are in the southwestern 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
- Vanmeter Park, IN: equally priced homes
- Ripley, IN: less expensive homes
- Pulaski, IN: higher priced homes
- Star City, IN: less expensive homes
- Lawton, IN: equally priced homes
- Lake Bruce, IN: higher priced homes
- Denham, IN: equally priced homes
- Ora, IN: equally priced homes
- Monterey, IN: equally priced homes
- Thornhope, IN: less expensive homes
Cities with Similar Populations
- Greenfield Center, NY: higher priced homes
- Dennison, OH: equally priced homes
- West Newton, PA: higher priced homes
- Scottville, MI: higher priced homes
- Preston, MD: higher priced homes
- Little Compton, RI: higher priced homes
- Pride, LA: higher priced homes
- Jericho, VT: higher priced homes
- Bridgton, ME: higher priced homes
- Greenhills, OH: higher priced homes
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