Most Affordable Cities in Indiana

The cheapest cities to live in Indiana ranked by median rent, home values, and more.

# City Median Rent Median Income Home Value Population
1 Marion, IN $760 $43,349 $83,200 27,384
2 Richmond, IN $815 $46,395 $107,600 35,551
3 East Chicago, IN $820 $41,071 $92,400 26,158
4 Muncie, IN $867 $43,395 $92,000 64,739
5 Terre Haute, IN $877 $41,960 $109,500 58,491
6 Anderson, IN $909 $47,221 $104,300 54,930
7 Michigan City, IN $915 $52,979 $129,000 31,894
8 Kokomo, IN $917 $54,195 $126,500 59,375
9 Evansville, IN $949 $52,251 $129,100 116,441
10 Fort Wayne, IN $959 $60,293 $169,700 266,235
11 New Albany, IN $971 $54,152 $169,600 37,589
12 Gary, IN $975 $37,380 $85,300 68,604
13 Elkhart, IN $981 $47,885 $126,900 53,726
14 South Bend, IN $1,000 $52,512 $124,500 102,866
15 Lafayette, IN $1,039 $52,946 $157,600 70,650
16 Mishawaka, IN $1,041 $53,120 $140,600 50,907
17 Goshen, IN $1,045 $55,436 $175,200 34,374
18 Lawrence, IN $1,084 $73,455 $220,400 49,284
19 Hammond, IN $1,089 $53,950 $141,700 77,098
20 Jeffersonville, IN $1,090 $70,157 $208,500 50,176
21 Indianapolis city (balance), IN $1,112 $62,995 $207,000 882,043
22 Franklin, IN $1,127 $77,305 $212,500 25,999
23 Columbus, IN $1,135 $76,856 $231,000 51,104
24 Portage, IN $1,138 $72,833 $210,800 37,951
25 Valparaiso, IN $1,142 $67,664 $250,500 34,377
26 West Lafayette, IN $1,152 $33,497 $318,100 44,802
27 Bloomington, IN $1,160 $48,918 $289,700 78,791
28 Hobart, IN $1,174 $71,680 $203,400 29,646
29 Schererville, IN $1,224 $86,020 $294,600 29,627
30 Greenwood, IN $1,252 $78,765 $248,700 64,237
31 Noblesville, IN $1,284 $102,319 $321,800 71,940
32 Merrillville, IN $1,304 $64,791 $194,000 36,343
33 Plainfield, IN $1,313 $85,074 $263,900 35,783
34 Crown Point, IN $1,369 $95,757 $272,800 34,042
35 Granger, IN $1,381 $117,348 $302,500 30,279
36 Brownsburg, IN $1,405 $105,435 $282,800 30,310
37 Fishers, IN $1,491 $128,141 $370,200 100,918
38 Westfield, IN $1,526 $119,598 $391,900 51,109
39 Carmel, IN $1,607 $134,602 $455,500 100,501
40 Zionsville, IN $1,635 $159,126 $543,800 31,442

Key Takeaways

  • Marion, IN ranks #1 with a median rent of $760.
  • The top 5 cities are: Marion, IN; Richmond, IN; East Chicago, IN; Muncie, IN; Terre Haute, IN.
  • Median household income in the #1 city is $43,349, with a population of 27,384.

Methodology

Rankings based on US Census Bureau American Community Survey 5-Year Estimates. Only cities with population over 50,000 are included in national rankings. State rankings include all cities over 25,000. Data reflects the most recent available estimates.

Read our full methodologyVerify at data.census.gov