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Affordable
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These days, finding an affordable place to live in the Zelma area can be challenging. Home prices in Zelma are now at a median cost of $235,708, higher than the Indiana average of $232,932.
The average cost of rent is $971/mo in Zelma, primarily driven by the current value of real estate in the Zelma area. In Zelma, 16.73% of households rent, and 54.52% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Zelma is $6,457 per month. Households that rent pay about 15.04% of their income on rent here. Zelma’s most expensive areas are in the central regions, while the cheapest areas are in the eastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Norman, IN: less expensive homes
- Heltonville, IN: equally priced homes
- Leesville, IN: equally priced homes
- Crawford, IN: higher priced homes
- Shawswick, IN: equally priced homes
- Elkinsville, IN: equally priced homes
- Medora, IN: less expensive homes
- East Oolitic, IN: equally priced homes
- Peerless, IN: equally priced homes
- Freetown, IN: equally priced homes
Cities with Similar Populations
- Portneuf, ID: higher priced homes
- Pleasant Hall, PA: higher priced homes
- Pleasant Plains, NC: less expensive homes
- Pleasant View, CO: higher priced homes
- Plevna, KS: less expensive homes
- Plymouth, WA: equally priced homes
- Point Rock, NY: less expensive homes
- Pom-o-sa Heights, MO: less expensive homes
- Pomona, IL: less expensive homes
- Pond Eddy, NY: higher priced homes
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