There are various highlights to dwelling in Indiana, from the picturesque countryside showcasing the state’s heartland heritage to bustling cities like Indianapolis with its rising arts and culinary scene. For those who’re at the moment dwelling in or are contemplating transferring to Indiana, then likelihood is you’ve a price range you’d like to remain underneath relating to renting or shopping for a house. As of July, the median house sale value in Indiana is $265,300.
If that quantity is out of your price range, don’t fear, we’ve bought choices that will help you discover a house. Redfin has collected 14 of probably the most inexpensive locations to reside in Indiana. And the most effective half is that all of them have a median house sale value underneath the state’s common. So learn on to be taught what cities made the highest 14.
#1: Gary
Median house value: $79,000
Common sale value per sq. foot: $74
Common hire for a 1-bedroom condo: $812
Median family earnings: $31,315
Nearest main metro: Chicago, he (30 miles)
Gary, IN properties on the market
Gary, IN flats for hire
With a median house sale value of $79,000, Gary is probably the most inexpensive place to reside in Indiana. About 69,100 folks reside on this metropolis and is roughly 30 miles from the closest main metropolitan metropolis, Chicago, the. For those who’re contemplating transferring to this space be sure to spend a seashore day at Lake Road Seashore alongside the shores of Lake Michigan, cease by the Michael Jackson Household Residence historic landmark, and discover IDNP Miller Woods.
#2: Excessive earth
Median house value: $97,620
Common sale value per sq. foot: $49
Common hire for a 1-bedroom condo: $887
Median family earnings: $37,299
Nearest main metro: Indianapolis (77 miles)
Terre Haute, IN properties on the market
Terre Haute, IN flats for hire
Second is Terre Haute the place about 58,400 residents at the moment reside. The median house sale value is $97,620 which is about $160K lower than the median house sale value in Indiana. If you end up transferring right here, be sure to take a look at Fairbanks Park positioned alongside the Wabash River, go to the native pubs and eating places, and discover the downtown space.
#3: Muncie
Median house value: $97,620
Common sale value per sq. foot: $96
Common hire for a 1-bedroom condo: $819
Median family earnings: $34,602
Nearest main metro: Indianapolis (62 miles)
Muncie, IN properties on the market
Muncie, IN flats for hire
Coming in because the third most inexpensive metropolis to reside in Indiana is Muncie. When dwelling on this metropolis of 65,200 folks, you possibly can stroll alongside the path by the White River, take a look at museums like Minnetrista Museum & Gardens and The Bob Ross Expertiseor discover the downtown Muncie space.
#4: South Bend
Median house value: $129,900
Common sale value per sq. foot: $126
Common hire for a 1-bedroom condo: $861
Median family earnings: $34,602
Nearest main metro: Fort Wayne (90 miles)
South Bend, IN properties on the market
South Bend, IN flats for hire
A bit dearer than Muncie is South Bend, the subsequent metropolis on our listing. With roughly 103,500 residents in South Bend, be sure to find museums and historic websites like Studebaker Nationwide MuseumThe Historical past Museum, and the Oliver Mansion. It’s also possible to take a look at the parks alongside the St Joseph River, discover the Notre Dame campus or watch a soccer sport in the course of the fall.
#5: Evansville
Median house value: $160,000
Common sale value per sq. foot: $120
Common hire for a 1-bedroom condo: $822
Median family earnings: $49,853
Evansville, IN properties on the market
Evansville, IN flats for hire
Residence to about 115,300 residents, Evansville is the subsequent metropolis on our listing. It’s positioned simply throughout from Kentucky, so that you’ll discover loads to discover in each states. In Evansville, there are a number of points of interest just like the Evansville Museumthe USS LST-325, the Victory Theatre, and Mesker Park Zoo. It’s also possible to take a look at historic locations like Angel Mounds State Historic Website close to the Ohio River.
#6: Elkhart
Median house value: $161,000
Common sale value per sq. foot: $108
Common hire for a 1-bedroom condo: $1,159
Median family earnings: $40,101
Nearest main metro: Fort Wayne (39 miles)
Elkhart, IN properties on the market
Elkhart, IN flats for hire
For those who’ve lived in Indiana for some time, it’s seemingly of Elkhart. Nearly 53,900 residents name this inexpensive metropolis house. As soon as transferring to Elkhart you’ll wish to take a look at the Wellfield Botanic Gardens, Studebaker Park, and Island Park, go to museums like Ruthmere Campus or Nationwide New York Central Railroad Museumand discover the riverfront and downtown areas of Elkhart.
#7: Kokomo
Median house value: $161,450
Common sale value per sq. foot: $122
Common hire for a 1-bedroom condo: $878
Median family earnings: $34,602
Nearest main metro: Indianapolis (62 miles)
Kokomo, IN properties on the market
Kokomo, IN flats for hire
Think about including Kokomo to your listing of cities to contemplate dwelling in if you happen to’re on the lookout for an inexpensive place to maneuver to in Indiana. Residence to 59,600 residents, this inexpensive city is usually a nice possibility so as to add to your listing. In Kokomo, you possibly can go to Foster Park the place you’ll discover the Willie the Whale statue, discover downtown Kokomo, and watch a race at Kokomo Speedway.
#8: Anderson
Median house value: $169,900
Common sale value per sq. foot: $95
Common hire for a 1-bedroom condo: $857
Median family earnings: $37,110
Nearest main metro: Indianapolis (42 miles)
Anderson, IN properties on the market
Anderson, IN flats for hire
Eighth on the listing is one other well-known metropolis, Anderson, the place you’ll discover the house costs are about $80K lower than the state’s common. With nearly 54,800 folks dwelling in Anderson, it’s an excellent place to contemplate renting or shopping for a home this yr. There are many actions to do on this metropolis, like testing outside areas like Killbuck Wetlands, Shadyside Lake, and the Rangeline Nature Protect. It’s also possible to discover the charming downtown space, or go to museums and websites like Anderson Museum of Artwork and the Uranus Indiana signal, amongst many different native favorites.
#9: BUILDING
Median house value: $171,750
Common sale value per sq. foot: $128
Common hire for a 1-bedroom condo: $1,327
Median family earnings: $44,792
Nearest main metro: Fort Wayne (84 miles)
Mishawaka, IN properties on the market
Mishawaka, IN flats for hire
With a inhabitants of about 51,100, Mishawaka is a good place to contemplate dwelling in Indiana. Enjoyable actions to do in Mishawaka embody exploring the Mishawaka Riverwalk positioned in Robert C. Beutter Riverfront Park, testing the native outlets and eating places, and visiting Battell Park.
#10: Hammond
Median house value: $185,000
Common sale value per sq. foot: $185
Common hire for a 1-bedroom condo: $1,055
Median family earnings: $46,974
Nearest main metro: Chicago (29 miles)
Hammond, IN properties on the market
Hammond, IN flats for hire
Coming in tenth place on our listing of inexpensive locations to reside in Indiana is Hammond. With a inhabitants of almost 77,900, Hammond is a good space to reside in that’s not almost as massive as the most important metropolitan cities in Indiana. For those who’re going to name Hammond house, plan time to discover Gibson Woods Nature Protect the place you’ll discover birds, an environmental heart, and mountaineering trails, take a look at Wolf Lake, and spend a seashore day at Whihala Seashore.
#11: Fort Wayne
Median house value: $215,000
Common sale value per sq. foot: $135
Common hire for a 1-bedroom condo: $1,195
Median family earnings: $51,454
Nearest main metro: Indianapolis (125 miles)
Fort Wayne, IN properties on the market
Fort Wayne, IN flats for hire
Claiming the eleventh spot on our listing of inexpensive locations to reside in Indiana is Fort Wayne. This metropolis has a inhabitants of 263,900 and you may discover the 110-acre Lindenwood Nature Protect, tour museums like Fort Wayne Museum of Artwork and The Historical past Middle, or take a look at the parks positioned alongside St Marys River like Headwaters Park. You’ll have loads of actions to discover throughout your free time dwelling in Fort Wayne.
#12: Lafayette
Median house value: $225,290
Common sale value per sq. foot: $149
Common hire for a 1-bedroom condo: $997
Median family earnings: $46,925
Nearest main metro: Indianapolis (64 miles)
Lafayette, IN properties on the market
Lafayette, IN flats for hire
The median house sale value in Lafayette is $215,000, making it one other nice metropolis to contemplate transferring to this yr. There are about 70,800 folks dwelling on this metropolis, giving Lafayette a city-like really feel with out the hustle and bustle. If Lafayette is the town for you, remember to stroll alongside Essential Road the place you’ll discover numerous native outlets and eating places, take a look at Armstrong Park, and stroll over the John T. Myers Pedestrian Bridge to West Lafayette.
#13: Indianapolis
Median house value: $235,000
Common sale value per sq. foot: $137
Common hire for a 1-bedroom condo: $1,287
Median family earnings: $50,813
Indianapolis, IN properties on the market
Indianapolis, IN flats for hire
Town of Indianapolis takes the thirteenth spot on our listing. For these seeking to purchase a house, the median sale value is $235,000. There may be loads to do in Indianapolis like discovering the displays at museums like Kids’s Museum of Indianapolis, the Indiana State Museumand Eiteljorg Museum. It’s also possible to watch the famed Indianapolis 500 on the Indianapolis Motor Speedway, discover White River State Park, or expertise a Colts sport at Lucas Oil Stadium.
>> Learn: Fashionable Indianapolis, IN, Neighborhoods to Stay in 2025
#14: Jeffersonville
Median house value: $251,500
Common sale value per sq. foot: $152
Common hire for a 1-bedroom condo: $1,012
Median family earnings: $67,566
Nearest main metro: Lexington, KY (3 miles)
Jeffersonville, IN properties on the market
Jeffersonville, IN flats for hire
Rounding out our listing of probably the most inexpensive locations to reside in Indiana is Jeffersonville. With a median house sale value of $251,500 and about 51,200 residents, this mid-sized metropolis is a good possibility to contemplate shopping for a house in. Jeffersonville is simply throughout the river from Louisville, Kyso there’s at all times one thing new to discover in each cities. Make sure that to take a look at the charming riverfront neighborhood with native outlets and eating places, go to the Howard Steamboat Museumor cease by Falls of the Ohio State Park.
Methodology: All cities will need to have over 50,000 residents per the US Census and have a median house sale value underneath the common median house sale value in Indiana. Median house sale value and median sale value per sq. foot from the Redfin Information Middle throughout April 2025. Common rental information from Hire.com April 2025. Inhabitants and median family earnings information sourced from the United States Census Bureau.
