{"id":86393,"date":"2025-04-24T14:12:44","date_gmt":"2025-04-24T21:12:44","guid":{"rendered":"https:\/\/www.redfin.com\/blog\/?p=86393"},"modified":"2025-04-24T14:12:37","modified_gmt":"2025-04-24T21:12:37","slug":"affordable-places-to-live-in-indiana","status":"publish","type":"post","link":"https:\/\/www.redfin.com\/blog\/affordable-places-to-live-in-indiana\/","title":{"rendered":"14 Most Affordable Places to Live in Indiana in 2025"},"content":{"rendered":"<p><span style=\"font-weight: 400;\">There are many highlights to living in Indiana, from the picturesque countryside showcasing the state\u2019s heartland heritage to bustling cities like <\/span><a href=\"https:\/\/www.redfin.com\/city\/9170\/IN\/Indianapolis\" data-wpel-link=\"exclude\"><span style=\"font-weight: 400;\">Indianapolis<\/span><\/a><span style=\"font-weight: 400;\"> with its growing arts and culinary scene. If you\u2019re currently living in or are considering moving to Indiana, then chances are you have a budget you\u2019d like to stay under when it comes to renting or buying a home. As of July, the <\/span><a href=\"https:\/\/www.redfin.com\/state\/Indiana\/housing-market\" data-wpel-link=\"exclude\"><span style=\"font-weight: 400;\">median home sale price in Indiana<\/span><\/a><span style=\"font-weight: 400;\"> is $265,300.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">If that number is out of your budget, don\u2019t worry, we\u2019ve got options to help you find a home. Redfin has collected 14 of the most affordable places to live in Indiana. And the best part is that they all have a median home sale price under the state\u2019s average. So read on to learn what cities made the top 14.<\/span><\/p>\n<h2><img fetchpriority=\"high\" decoding=\"async\" class=\"alignnone size-full wp-image-95858\" src=\"https:\/\/www.redfin.com\/blog\/wp-content\/uploads\/2023\/09\/shutterstock_2021271917.jpg\" alt=\"aerial view of gary indiana_ shutterstock\" width=\"1200\" height=\"799\" srcset=\"https:\/\/www.redfin.com\/blog\/wp-content\/uploads\/2023\/09\/shutterstock_2021271917.jpg 1200w, https:\/\/www.redfin.com\/blog\/wp-content\/uploads\/2023\/09\/shutterstock_2021271917-300x200.jpg 300w, https:\/\/www.redfin.com\/blog\/wp-content\/uploads\/2023\/09\/shutterstock_2021271917-1024x682.jpg 1024w, https:\/\/www.redfin.com\/blog\/wp-content\/uploads\/2023\/09\/shutterstock_2021271917-768x511.jpg 768w, https:\/\/www.redfin.com\/blog\/wp-content\/uploads\/2023\/09\/shutterstock_2021271917-225x150.jpg 225w, https:\/\/www.redfin.com\/blog\/wp-content\/uploads\/2023\/09\/shutterstock_2021271917-946x630.jpg 946w, https:\/\/www.redfin.com\/blog\/wp-content\/uploads\/2023\/09\/shutterstock_2021271917-451x300.jpg 451w\" sizes=\"(max-width: 1200px) 100vw, 1200px\" \/><\/h2>\n<h2><span style=\"font-weight: 400;\">#1: Gary<\/span><\/h2>\n<p><b>Median home price:<\/b><span style=\"font-weight: 400;\"> $79,000<\/span><span style=\"font-weight: 400;\"><br \/>\n<\/span><b>Average sale price per square foot: <\/b><span style=\"font-weight: 400;\">$74<\/span><span style=\"font-weight: 400;\"><br \/>\n<\/span><b>Average rent for a 1-bedroom apartment: <\/b><span style=\"font-weight: 400;\">$812<\/span><span style=\"font-weight: 400;\"><br \/>\n<\/span><b>Median household income:<\/b><span style=\"font-weight: 400;\"> $31,315 <\/span><span style=\"font-weight: 400;\"><br \/>\n<\/span><b>Nearest major metro:<\/b><span style=\"font-weight: 400;\"> Chicago, IL (30 miles)<\/span><span style=\"font-weight: 400;\"><br \/>\n<\/span><a href=\"https:\/\/www.redfin.com\/city\/6905\/IN\/Gary\" data-wpel-link=\"exclude\"><span style=\"font-weight: 400;\">Gary, IN homes for sale<\/span><span style=\"font-weight: 400;\"><br \/>\n<\/span><\/a><a href=\"https:\/\/www.apartmentguide.com\/apartments\/Indiana\/Gary\" data-wpel-link=\"external\" target=\"_blank\" rel=\"external noopener noreferrer\"><span style=\"font-weight: 400;\">Gary, IN apartments for rent<\/span><\/a><\/p>\n<p><span style=\"font-weight: 400;\">With a median home sale price of $79,000, Gary is the most affordable place to live in Indiana. About 69,100 people live in this city and is roughly 30 miles from the nearest major metropolitan city, <\/span><a href=\"https:\/\/www.redfin.com\/city\/29470\/IL\/Chicago\" data-wpel-link=\"exclude\"><span style=\"font-weight: 400;\">Chicago, IL<\/span><\/a><span style=\"font-weight: 400;\">. If you\u2019re considering moving to this area make sure to spend a beach day at Lake Street Beach along the shores of Lake Michigan, stop by the Michael Jackson Family Home historic landmark, and explore IDNP Miller Woods.<\/span><\/p>\n<h2><span style=\"font-weight: 400;\">#2: Terre Haute<\/span><\/h2>\n<p><b>Median home price:<\/b><span style=\"font-weight: 400;\"> $97,620<\/span><span style=\"font-weight: 400;\"><br \/>\n<\/span><b>Average sale price per square foot:<\/b><span style=\"font-weight: 400;\"> $49<\/span><span style=\"font-weight: 400;\"><br \/>\n<\/span><b>Average rent for a 1-bedroom apartment: <\/b><span style=\"font-weight: 400;\">$887 <\/span><span style=\"font-weight: 400;\"><br \/>\n<\/span><b>Median household income:<\/b><span style=\"font-weight: 400;\"> $37,299 <\/span><span style=\"font-weight: 400;\"><br \/>\n<\/span><b>Nearest major metro:<\/b><span style=\"font-weight: 400;\"> Indianapolis (77 miles)<\/span><span style=\"font-weight: 400;\"><br \/>\n<\/span><a href=\"https:\/\/www.redfin.com\/city\/19117\/IN\/Terre-Haute\" data-wpel-link=\"exclude\"><span style=\"font-weight: 400;\">Terre Haute, IN homes for sale<\/span><span style=\"font-weight: 400;\"><br \/>\n<\/span><\/a><a href=\"https:\/\/www.apartmentguide.com\/apartments\/Indiana\/Terre-Haute\" data-wpel-link=\"external\" target=\"_blank\" rel=\"external noopener noreferrer\"><span style=\"font-weight: 400;\">Terre Haute, IN apartments for rent<\/span><\/a><\/p>\n<p><span style=\"font-weight: 400;\">Second is Terre Haute where about 58,400 residents currently live. The median home sale price is $97,620 which is about $160K less than the median home sale price in Indiana. If you find yourself moving here, make sure to check out Fairbanks Park located along the Wabash River, visit the local pubs and restaurants, and explore the downtown area.\u00a0<\/span><\/p>\n<h2><span style=\"font-weight: 400;\">#3: Muncie<\/span><\/h2>\n<p><b>Median home price: <\/b><span style=\"font-weight: 400;\">$97,620<\/span><span style=\"font-weight: 400;\"><br \/>\n<\/span><b>Average sale price per square foot:<\/b><span style=\"font-weight: 400;\"> $96<\/span><span style=\"font-weight: 400;\"><br \/>\n<\/span><b>Average rent for a 1-bedroom apartment:<\/b><span style=\"font-weight: 400;\"> $819<\/span><span style=\"font-weight: 400;\"><br \/>\n<\/span><b>Median household income:<\/b><span style=\"font-weight: 400;\"> $34,602 <\/span><span style=\"font-weight: 400;\"><br \/>\n<\/span><b>Nearest major metro:<\/b><span style=\"font-weight: 400;\"> Indianapolis (62 miles)<\/span><span style=\"font-weight: 400;\"><br \/>\n<\/span><a href=\"https:\/\/www.redfin.com\/city\/13386\/IN\/Muncie\" data-wpel-link=\"exclude\"><span style=\"font-weight: 400;\">Muncie, IN homes for sale<\/span><span style=\"font-weight: 400;\"><br \/>\n<\/span><\/a><a href=\"https:\/\/www.apartmentguide.com\/apartments\/Indiana\/Muncie\" data-wpel-link=\"external\" target=\"_blank\" rel=\"external noopener noreferrer\"><span style=\"font-weight: 400;\">Muncie, IN apartments for rent<\/span><\/a><\/p>\n<p><span style=\"font-weight: 400;\">Coming in as the third most affordable city to live in Indiana is Muncie. When living in this city of 65,200 people, you can stroll along the trail by the White River, check out museums like <\/span><a href=\"https:\/\/www.minnetrista.net\/\" data-wpel-link=\"external\" target=\"_blank\" rel=\"external noopener noreferrer\"><span style=\"font-weight: 400;\">Minnetrista Museum &amp; Gardens<\/span><\/a><span style=\"font-weight: 400;\"> and <\/span><a href=\"https:\/\/www.minnetrista.net\/bobrossexperience\" data-wpel-link=\"external\" target=\"_blank\" rel=\"external noopener noreferrer\"><span style=\"font-weight: 400;\">The Bob Ross Experience<\/span><\/a><span style=\"font-weight: 400;\">, or explore the downtown Muncie area.<\/span><\/p>\n<h2><img decoding=\"async\" class=\"alignnone size-full wp-image-95857\" src=\"https:\/\/www.redfin.com\/blog\/wp-content\/uploads\/2023\/09\/shutterstock_1928394581.jpg\" alt=\"evansville historic courthouse_ shutterstock\" width=\"1200\" height=\"800\" srcset=\"https:\/\/www.redfin.com\/blog\/wp-content\/uploads\/2023\/09\/shutterstock_1928394581.jpg 1200w, https:\/\/www.redfin.com\/blog\/wp-content\/uploads\/2023\/09\/shutterstock_1928394581-300x200.jpg 300w, https:\/\/www.redfin.com\/blog\/wp-content\/uploads\/2023\/09\/shutterstock_1928394581-1024x683.jpg 1024w, https:\/\/www.redfin.com\/blog\/wp-content\/uploads\/2023\/09\/shutterstock_1928394581-768x512.jpg 768w, https:\/\/www.redfin.com\/blog\/wp-content\/uploads\/2023\/09\/shutterstock_1928394581-225x150.jpg 225w, https:\/\/www.redfin.com\/blog\/wp-content\/uploads\/2023\/09\/shutterstock_1928394581-945x630.jpg 945w, https:\/\/www.redfin.com\/blog\/wp-content\/uploads\/2023\/09\/shutterstock_1928394581-450x300.jpg 450w\" sizes=\"(max-width: 1200px) 100vw, 1200px\" \/><\/h2>\n<h2><span style=\"font-weight: 400;\">#4: South Bend<\/span><\/h2>\n<p><b>Median home price: <\/b><span style=\"font-weight: 400;\">$129,900 <\/span><span style=\"font-weight: 400;\"><br \/>\n<\/span><b>Average sale price per square foot:<\/b><span style=\"font-weight: 400;\"> $126<\/span><span style=\"font-weight: 400;\"><br \/>\n<\/span><b>Average rent for a 1-bedroom apartment: <\/b><span style=\"font-weight: 400;\">$861 <\/span><span style=\"font-weight: 400;\"><br \/>\n<\/span><b>Median household income:<\/b><span style=\"font-weight: 400;\"> $34,602 <\/span><span style=\"font-weight: 400;\"><br \/>\n<\/span><b>Nearest major metro: <\/b><span style=\"font-weight: 400;\">Fort Wayne (90 miles)<\/span><span style=\"font-weight: 400;\"><br \/>\n<\/span><a href=\"https:\/\/www.redfin.com\/city\/18137\/IN\/South-Bend\" data-wpel-link=\"exclude\"><span style=\"font-weight: 400;\">South Bend, IN homes for sale<\/span><span style=\"font-weight: 400;\"><br \/>\n<\/span><\/a><a href=\"https:\/\/www.apartmentguide.com\/apartments\/Indiana\/South-Bend\" data-wpel-link=\"external\" target=\"_blank\" rel=\"external noopener noreferrer\"><span style=\"font-weight: 400;\">South Bend, IN apartments for rent<\/span><\/a><\/p>\n<p><span style=\"font-weight: 400;\">A little more expensive than Muncie is South Bend, the next city on our list. With roughly 103,500 residents in South Bend, make sure to discover museums and historic sites like <\/span><a href=\"https:\/\/www.studebakermuseum.org\/\" data-wpel-link=\"external\" target=\"_blank\" rel=\"external noopener noreferrer\"><span style=\"font-weight: 400;\">Studebaker National Museum<\/span><\/a><span style=\"font-weight: 400;\">, The History Museum, and the <\/span><a href=\"https:\/\/www.historymuseumsb.org\/see-do\/historic-house-2\/\" data-wpel-link=\"external\" target=\"_blank\" rel=\"external noopener noreferrer\"><span style=\"font-weight: 400;\">Oliver Mansion<\/span><\/a><span style=\"font-weight: 400;\">. You can also check out the parks along the St Joseph River, explore the Notre Dame campus or watch a football game during the fall.<\/span><\/p>\n<h2><span style=\"font-weight: 400;\">#5: Evansville<\/span><\/h2>\n<p><b>Median home price:<\/b><span style=\"font-weight: 400;\"> $160,000<\/span><span style=\"font-weight: 400;\"><br \/>\n<\/span><b>Average sale price per square foot:<\/b><span style=\"font-weight: 400;\"> $120 <\/span><span style=\"font-weight: 400;\"><br \/>\n<\/span><b>Average rent for a 1-bedroom apartment: <\/b><span style=\"font-weight: 400;\">$822<\/span><span style=\"font-weight: 400;\"><br \/>\n<\/span><b>Median household income:<\/b><span style=\"font-weight: 400;\"> $49,853<\/span> <span style=\"font-weight: 400;\"><br \/>\n<\/span><a href=\"https:\/\/www.redfin.com\/city\/5667\/IN\/Evansville\" data-wpel-link=\"exclude\"><span style=\"font-weight: 400;\">Evansville, IN homes for sale<\/span><span style=\"font-weight: 400;\"><br \/>\n<\/span><\/a><a href=\"https:\/\/www.apartmentguide.com\/apartments\/Indiana\/Evansville\" data-wpel-link=\"external\" target=\"_blank\" rel=\"external noopener noreferrer\"><span style=\"font-weight: 400;\">Evansville, IN apartments for rent<\/span><\/a><\/p>\n<p><span style=\"font-weight: 400;\">Home to about 115,300 residents, Evansville is the next city on our list. It\u2019s located just across from Kentucky, so you&#8217;ll find plenty to explore in both states. In Evansville, there are a lot of attractions like the <\/span><a href=\"https:\/\/emuseum.org\/\" data-wpel-link=\"external\" target=\"_blank\" rel=\"external noopener noreferrer\"><span style=\"font-weight: 400;\">Evansville Museum<\/span><\/a><span style=\"font-weight: 400;\">, the USS LST-325, the Victory Theatre, and Mesker Park Zoo. You can also check out historic places like Angel Mounds State Historic Site near the Ohio River.<\/span><\/p>\n<h2><span style=\"font-weight: 400;\">#6: Elkhart<\/span><\/h2>\n<p><b>Median home price:<\/b><span style=\"font-weight: 400;\"> $161,000<\/span><span style=\"font-weight: 400;\"><br \/>\n<\/span><b>Average sale price per square foot:<\/b><span style=\"font-weight: 400;\"> $108<\/span><span style=\"font-weight: 400;\"><br \/>\n<\/span><b>Average rent for a 1-bedroom apartment:<\/b><span style=\"font-weight: 400;\"> $1,159<\/span><span style=\"font-weight: 400;\"><br \/>\n<\/span><b>Median household income: <\/b><span style=\"font-weight: 400;\">$40,101 <\/span><span style=\"font-weight: 400;\"><br \/>\n<\/span><b>Nearest major metro: <\/b><span style=\"font-weight: 400;\">Fort Wayne (39 miles)<\/span><span style=\"font-weight: 400;\"><br \/>\n<\/span><a href=\"https:\/\/www.redfin.com\/city\/5353\/IN\/Elkhart\" data-wpel-link=\"exclude\"><span style=\"font-weight: 400;\">Elkhart, IN homes for sale<\/span><span style=\"font-weight: 400;\"><br \/>\n<\/span><\/a><a href=\"https:\/\/www.apartmentguide.com\/apartments\/Indiana\/Elkhart\" data-wpel-link=\"external\" target=\"_blank\" rel=\"external noopener noreferrer\"><span style=\"font-weight: 400;\">Elkhart, IN apartments for rent<\/span><\/a><\/p>\n<p><span style=\"font-weight: 400;\">If you\u2019ve lived in Indiana for a while, it\u2019s likely you know of Elkhart. Just about 53,900 residents call this affordable city home. Once moving to Elkhart you\u2019ll want to check out the Wellfield Botanic Gardens, Studebaker Park, and Island Park, visit museums like Ruthmere Campus or <\/span><a href=\"https:\/\/elkhartindiana.org\/government\/nnycrr-museum\/\" data-wpel-link=\"external\" target=\"_blank\" rel=\"external noopener noreferrer\"><span style=\"font-weight: 400;\">National New York Central Railroad Museum<\/span><\/a><span style=\"font-weight: 400;\">, and explore the riverfront and downtown areas of Elkhart.<\/span><\/p>\n<h2><img decoding=\"async\" class=\"alignnone size-full wp-image-95856\" src=\"https:\/\/www.redfin.com\/blog\/wp-content\/uploads\/2023\/09\/shutterstock_2404647503.jpg\" alt=\"elkhart indiana courthouse with sunny skies_shutterstock\" width=\"1200\" height=\"674\" srcset=\"https:\/\/www.redfin.com\/blog\/wp-content\/uploads\/2023\/09\/shutterstock_2404647503.jpg 1200w, https:\/\/www.redfin.com\/blog\/wp-content\/uploads\/2023\/09\/shutterstock_2404647503-300x169.jpg 300w, https:\/\/www.redfin.com\/blog\/wp-content\/uploads\/2023\/09\/shutterstock_2404647503-1024x575.jpg 1024w, https:\/\/www.redfin.com\/blog\/wp-content\/uploads\/2023\/09\/shutterstock_2404647503-768x431.jpg 768w, https:\/\/www.redfin.com\/blog\/wp-content\/uploads\/2023\/09\/shutterstock_2404647503-267x150.jpg 267w, https:\/\/www.redfin.com\/blog\/wp-content\/uploads\/2023\/09\/shutterstock_2404647503-1122x630.jpg 1122w, https:\/\/www.redfin.com\/blog\/wp-content\/uploads\/2023\/09\/shutterstock_2404647503-534x300.jpg 534w\" sizes=\"(max-width: 1200px) 100vw, 1200px\" \/><\/h2>\n<h2><span style=\"font-weight: 400;\">#7: Kokomo<\/span><\/h2>\n<p><b>Median home price:<\/b><span style=\"font-weight: 400;\"> $161,450<\/span><span style=\"font-weight: 400;\"><br \/>\n<\/span><b>Average sale price per square foot: <\/b><span style=\"font-weight: 400;\">$122 <\/span><span style=\"font-weight: 400;\"><br \/>\n<\/span><b>Average rent for a 1-bedroom apartment<\/b><span style=\"font-weight: 400;\">: $878 <\/span><span style=\"font-weight: 400;\"><br \/>\n<\/span><b>Median household income: <\/b><span style=\"font-weight: 400;\">$34,602 <\/span><span style=\"font-weight: 400;\"><br \/>\n<\/span><b>Nearest major metro:<\/b><span style=\"font-weight: 400;\"> Indianapolis (62 miles)<\/span><span style=\"font-weight: 400;\"><br \/>\n<\/span><a href=\"https:\/\/www.redfin.com\/city\/10307\/IN\/Kokomo\" data-wpel-link=\"exclude\"><span style=\"font-weight: 400;\">Kokomo, IN homes for sale<\/span><span style=\"font-weight: 400;\"><br \/>\n<\/span><\/a><a href=\"https:\/\/www.apartmentguide.com\/apartments\/Indiana\/Kokomo\" data-wpel-link=\"external\" target=\"_blank\" rel=\"external noopener noreferrer\"><span style=\"font-weight: 400;\">Kokomo, IN apartments for rent<\/span><\/a><\/p>\n<p><span style=\"font-weight: 400;\">Consider adding Kokomo to your list of cities to consider living in if you\u2019re looking for an affordable place to move to in Indiana. Home to 59,600 residents, this affordable town can be a great option to add to your list. In Kokomo, you can visit Foster Park where you\u2019ll find the Willie the Whale statue, explore downtown Kokomo, and watch a race at Kokomo Speedway.<\/span><\/p>\n<h2><span style=\"font-weight: 400;\">#8: Anderson<\/span><\/h2>\n<p><b>Median home price:<\/b><span style=\"font-weight: 400;\"> $169,900<\/span><span style=\"font-weight: 400;\"><br \/>\n<\/span><b>Average sale price per square foot:<\/b><span style=\"font-weight: 400;\"> $95<\/span><span style=\"font-weight: 400;\"><br \/>\n<\/span><b>Average rent for a 1-bedroom apartment: <\/b><span style=\"font-weight: 400;\">$857<\/span><span style=\"font-weight: 400;\"><br \/>\n<\/span><b>Median household income: <\/b><span style=\"font-weight: 400;\">$37,110 <\/span><span style=\"font-weight: 400;\"><br \/>\n<\/span><b>Nearest major metro: <\/b><span style=\"font-weight: 400;\">Indianapolis (42 miles)<\/span><span style=\"font-weight: 400;\"><br \/>\n<\/span><a href=\"https:\/\/www.redfin.com\/city\/370\/IN\/Anderson\" data-wpel-link=\"exclude\"><span style=\"font-weight: 400;\">Anderson, IN homes for sale<\/span><span style=\"font-weight: 400;\"><br \/>\n<\/span><\/a><a href=\"https:\/\/www.redfin.com\/city\/370\/IN\/Anderson\/apartments-for-rent\" data-wpel-link=\"exclude\"><span style=\"font-weight: 400;\">Anderson, IN apartments for rent<\/span><\/a><\/p>\n<p><span style=\"font-weight: 400;\">Eighth on the list is another well-known city, Anderson, where you\u2019ll find the home prices are about $80K less than the state\u2019s average. With just about 54,800 people living in Anderson, it\u2019s a great place to consider renting or buying a house this year. There are lots of activities to do in this city, like checking out outdoor spaces like Killbuck Wetlands, Shadyside Lake, and the Rangeline Nature Preserve. You can also explore the charming downtown area, or visit museums and sites like <\/span><a href=\"https:\/\/www.andersonart.org\/\" data-wpel-link=\"external\" target=\"_blank\" rel=\"external noopener noreferrer\"><span style=\"font-weight: 400;\">Anderson Museum of Art<\/span><\/a><span style=\"font-weight: 400;\"> and the Uranus Indiana sign, among many other local favorites.<\/span><\/p>\n<h2><span style=\"font-weight: 400;\">#9: Mishawaka<\/span><\/h2>\n<p><b>Median home price: <\/b><span style=\"font-weight: 400;\">$171,750<\/span><span style=\"font-weight: 400;\"><br \/>\n<\/span><b>Average sale price per square foot: <\/b><span style=\"font-weight: 400;\">$128<\/span><span style=\"font-weight: 400;\"><br \/>\n<\/span><b>Average rent for a 1-bedroom apartment:<\/b><span style=\"font-weight: 400;\"> $1,327 <\/span><span style=\"font-weight: 400;\"><br \/>\n<\/span><b>Median household income:<\/b><span style=\"font-weight: 400;\"> $44,792 <\/span><span style=\"font-weight: 400;\"><br \/>\n<\/span><b>Nearest major metro:<\/b><span style=\"font-weight: 400;\"> Fort Wayne (84 miles)<\/span><span style=\"font-weight: 400;\"><br \/>\n<\/span><a href=\"https:\/\/www.redfin.com\/city\/12815\/IN\/Mishawaka\" data-wpel-link=\"exclude\"><span style=\"font-weight: 400;\">Mishawaka, IN homes for sale<\/span><span style=\"font-weight: 400;\"><br \/>\n<\/span><\/a><a href=\"https:\/\/www.apartmentguide.com\/apartments\/Indiana\/Mishawaka\" data-wpel-link=\"external\" target=\"_blank\" rel=\"external noopener noreferrer\"><span style=\"font-weight: 400;\">Mishawaka, IN apartments for rent<\/span><\/a><\/p>\n<p><span style=\"font-weight: 400;\">With a population of about 51,100, Mishawaka is a great place to consider living in Indiana. Fun activities to do in Mishawaka include exploring the Mishawaka Riverwalk located in Robert C. Beutter Riverfront Park, checking out the local shops and restaurants, and visiting Battell Park.<\/span><\/p>\n<h2><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-95855\" src=\"https:\/\/www.redfin.com\/blog\/wp-content\/uploads\/2023\/09\/shutterstock_2410634885.jpg\" alt=\"fort wayne indiana skyline and trees_shutterstock\" width=\"1200\" height=\"674\" srcset=\"https:\/\/www.redfin.com\/blog\/wp-content\/uploads\/2023\/09\/shutterstock_2410634885.jpg 1200w, https:\/\/www.redfin.com\/blog\/wp-content\/uploads\/2023\/09\/shutterstock_2410634885-300x169.jpg 300w, https:\/\/www.redfin.com\/blog\/wp-content\/uploads\/2023\/09\/shutterstock_2410634885-1024x575.jpg 1024w, https:\/\/www.redfin.com\/blog\/wp-content\/uploads\/2023\/09\/shutterstock_2410634885-768x431.jpg 768w, https:\/\/www.redfin.com\/blog\/wp-content\/uploads\/2023\/09\/shutterstock_2410634885-267x150.jpg 267w, https:\/\/www.redfin.com\/blog\/wp-content\/uploads\/2023\/09\/shutterstock_2410634885-1122x630.jpg 1122w, https:\/\/www.redfin.com\/blog\/wp-content\/uploads\/2023\/09\/shutterstock_2410634885-534x300.jpg 534w\" sizes=\"(max-width: 1200px) 100vw, 1200px\" \/><\/h2>\n<h2><span style=\"font-weight: 400;\">#10: Hammond<\/span><\/h2>\n<p><b>Median home price: <\/b><span style=\"font-weight: 400;\">$185,000<\/span><span style=\"font-weight: 400;\"><br \/>\n<\/span><b>Average sale price per square foot:<\/b><span style=\"font-weight: 400;\"> $185<\/span><span style=\"font-weight: 400;\"><br \/>\n<\/span><b>Average rent for a 1-bedroom apartment:<\/b><span style=\"font-weight: 400;\"> $1,055 <\/span><span style=\"font-weight: 400;\"><br \/>\n<\/span><b>Median household income: <\/b><span style=\"font-weight: 400;\">$46,974 <\/span><span style=\"font-weight: 400;\"><br \/>\n<\/span><b>Nearest major metro:<\/b><span style=\"font-weight: 400;\"> Chicago (29 miles)<\/span><span style=\"font-weight: 400;\"><br \/>\n<\/span><a href=\"https:\/\/www.redfin.com\/city\/7930\/IN\/Hammond\" data-wpel-link=\"exclude\"><span style=\"font-weight: 400;\">Hammond, IN homes for sale<\/span><span style=\"font-weight: 400;\"><br \/>\n<\/span><\/a><a href=\"https:\/\/www.apartmentguide.com\/apartments\/Indiana\/Hammond\" data-wpel-link=\"external\" target=\"_blank\" rel=\"external noopener noreferrer\"><span style=\"font-weight: 400;\">Hammond, IN apartments for rent<\/span><\/a><\/p>\n<p><span style=\"font-weight: 400;\">Coming in tenth place on our list of affordable places to live in Indiana is Hammond. With a population of nearly 77,900, Hammond is a great area to live in that\u2019s not nearly as big as the major metropolitan cities in Indiana. If you\u2019re going to call Hammond home, plan time to explore Gibson Woods Nature Preserve where you\u2019ll find birds, an environmental center, and hiking trails, check out Wolf Lake, and spend a beach day at Whihala Beach.<\/span><\/p>\n<h2><span style=\"font-weight: 400;\">#11: Fort Wayne<\/span><\/h2>\n<p><b>Median home price:<\/b><span style=\"font-weight: 400;\"> $215,000<\/span><span style=\"font-weight: 400;\"><br \/>\n<\/span><b>Average sale price per square foot:<\/b><span style=\"font-weight: 400;\"> $135 <\/span><span style=\"font-weight: 400;\"><br \/>\n<\/span><b>Average rent for a 1-bedroom apartment: <\/b><span style=\"font-weight: 400;\">$1,195 <\/span><span style=\"font-weight: 400;\"><br \/>\n<\/span><b>Median household income: <\/b><span style=\"font-weight: 400;\">$51,454 <\/span><span style=\"font-weight: 400;\"><br \/>\n<\/span><b>Nearest major metro: <\/b><span style=\"font-weight: 400;\">Indianapolis (125 miles)<\/span><span style=\"font-weight: 400;\"><br \/>\n<\/span><a href=\"https:\/\/www.redfin.com\/city\/6438\/IN\/Fort-Wayne\" data-wpel-link=\"exclude\"><span style=\"font-weight: 400;\">Fort Wayne, IN homes for sale<\/span><span style=\"font-weight: 400;\"><br \/>\n<\/span><\/a><a href=\"https:\/\/www.apartmentguide.com\/apartments\/Indiana\/Fort-Wayne\" data-wpel-link=\"external\" target=\"_blank\" rel=\"external noopener noreferrer\"><span style=\"font-weight: 400;\">Fort Wayne, IN apartments for rent<\/span><\/a><\/p>\n<p><span style=\"font-weight: 400;\">Claiming the 11th spot on our list of affordable places to live in Indiana is Fort Wayne. This city has a population of 263,900 and you can explore the 110-acre Lindenwood Nature Preserve, tour museums like <\/span><a href=\"https:\/\/fwmoa.org\/\" data-wpel-link=\"external\" target=\"_blank\" rel=\"external noopener noreferrer\"><span style=\"font-weight: 400;\">Fort Wayne Museum of Art<\/span><\/a><span style=\"font-weight: 400;\"> and The History Center, or check out the parks located along St Marys River like Headwaters Park. You\u2019ll have plenty of activities to explore during your free time living in Fort Wayne.<\/span><\/p>\n<h2><span style=\"font-weight: 400;\">#12: Lafayette<\/span><\/h2>\n<p><b>Median home price: <\/b><span style=\"font-weight: 400;\">$225,290<\/span><span style=\"font-weight: 400;\"><br \/>\n<\/span><b>Average sale price per square foot: <\/b><span style=\"font-weight: 400;\">$149<\/span><span style=\"font-weight: 400;\"><br \/>\n<\/span><b>Average rent for a 1-bedroom apartment:<\/b><span style=\"font-weight: 400;\"> $997 <\/span><span style=\"font-weight: 400;\"><br \/>\n<\/span><b>Median household income: <\/b><span style=\"font-weight: 400;\">$46,925 <\/span><span style=\"font-weight: 400;\"><br \/>\n<\/span><b>Nearest major metro: <\/b><span style=\"font-weight: 400;\">Indianapolis (64 miles)<\/span><span style=\"font-weight: 400;\"><br \/>\n<\/span><a href=\"https:\/\/www.redfin.com\/city\/10406\/IN\/Lafayette\" data-wpel-link=\"exclude\"><span style=\"font-weight: 400;\">Lafayette, IN homes for sale<\/span><span style=\"font-weight: 400;\"><br \/>\n<\/span><\/a><a href=\"https:\/\/www.apartmentguide.com\/apartments\/Indiana\/Lafayette\" data-wpel-link=\"external\" target=\"_blank\" rel=\"external noopener noreferrer\"><span style=\"font-weight: 400;\">Lafayette, IN apartments for rent<\/span><\/a><\/p>\n<p><span style=\"font-weight: 400;\">The median home sale price in Lafayette is $215,000, making it another great city to consider moving to this year. There are about 70,800 people living in this city, giving Lafayette a city-like feel without the hustle and bustle. If Lafayette is the city for you, be sure to stroll along Main Street where you\u2019ll find lots of local shops and restaurants, check out Armstrong Park, and walk over the John T. Myers Pedestrian Bridge to <\/span><a href=\"https:\/\/www.redfin.com\/city\/20556\/IN\/West-Lafayette\" data-wpel-link=\"exclude\"><span style=\"font-weight: 400;\">West Lafayette<\/span><\/a><span style=\"font-weight: 400;\">.<\/span><\/p>\n<h2><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-95092\" src=\"https:\/\/www.redfin.com\/blog\/wp-content\/uploads\/2024\/06\/SS-indianapolis-skyline.jpg\" alt=\"indianapolis skyline and capitol building\" width=\"1200\" height=\"800\" srcset=\"https:\/\/www.redfin.com\/blog\/wp-content\/uploads\/2024\/06\/SS-indianapolis-skyline.jpg 1200w, https:\/\/www.redfin.com\/blog\/wp-content\/uploads\/2024\/06\/SS-indianapolis-skyline-300x200.jpg 300w, https:\/\/www.redfin.com\/blog\/wp-content\/uploads\/2024\/06\/SS-indianapolis-skyline-1024x683.jpg 1024w, https:\/\/www.redfin.com\/blog\/wp-content\/uploads\/2024\/06\/SS-indianapolis-skyline-768x512.jpg 768w, https:\/\/www.redfin.com\/blog\/wp-content\/uploads\/2024\/06\/SS-indianapolis-skyline-225x150.jpg 225w, https:\/\/www.redfin.com\/blog\/wp-content\/uploads\/2024\/06\/SS-indianapolis-skyline-945x630.jpg 945w, https:\/\/www.redfin.com\/blog\/wp-content\/uploads\/2024\/06\/SS-indianapolis-skyline-450x300.jpg 450w\" sizes=\"(max-width: 1200px) 100vw, 1200px\" \/><\/h2>\n<h2><span style=\"font-weight: 400;\">#13: Indianapolis<\/span><\/h2>\n<p><b>Median home price: <\/b><span style=\"font-weight: 400;\">$235,000<\/span><span style=\"font-weight: 400;\"><br \/>\n<\/span><b>Average sale price per square foot:<\/b><span style=\"font-weight: 400;\"> $137<\/span><span style=\"font-weight: 400;\"><br \/>\n<\/span><b>Average rent for a 1-bedroom apartment:<\/b><span style=\"font-weight: 400;\"> $1,287 <\/span><span style=\"font-weight: 400;\"><br \/>\n<\/span><b>Median household income:<\/b><span style=\"font-weight: 400;\"> $50,813 <\/span><span style=\"font-weight: 400;\"><br \/>\n<\/span><a href=\"https:\/\/www.redfin.com\/city\/9170\/IN\/Indianapolis\" data-wpel-link=\"exclude\"><span style=\"font-weight: 400;\">Indianapolis, IN homes for sale<\/span><span style=\"font-weight: 400;\"><br \/>\n<\/span><\/a><a href=\"https:\/\/www.apartmentguide.com\/apartments\/Indiana\/Indianapolis\" data-wpel-link=\"external\" target=\"_blank\" rel=\"external noopener noreferrer\"><span style=\"font-weight: 400;\">Indianapolis, IN apartments for rent<\/span><\/a><\/p>\n<p><span style=\"font-weight: 400;\">The city of Indianapolis takes the 13th spot on our list. For those looking to buy a home, the median sale price is $235,000. There is plenty to do in Indianapolis like discovering the exhibits at museums like Children\u2019s Museum of Indianapolis, the <\/span><a href=\"https:\/\/www.indianamuseum.org\/\" data-wpel-link=\"external\" target=\"_blank\" rel=\"external noopener noreferrer\"><span style=\"font-weight: 400;\">Indiana State Museum<\/span><\/a><span style=\"font-weight: 400;\">, and <\/span><a href=\"https:\/\/eiteljorg.org\/\" data-wpel-link=\"external\" target=\"_blank\" rel=\"external noopener noreferrer\"><span style=\"font-weight: 400;\">Eiteljorg Museum<\/span><\/a><span style=\"font-weight: 400;\">. You can also watch the famed Indianapolis 500 at the Indianapolis Motor Speedway, explore White River State Park, or experience a Colts game at Lucas Oil Stadium.<\/span><\/p>\n<p><b><i>&gt;&gt; Read: <\/i><\/b><a href=\"https:\/\/www.redfin.com\/blog\/indianapolis-in-neighborhoods\/\" data-wpel-link=\"exclude\"><b><i>Popular Indianapolis, IN, Neighborhoods to Live in 2025<\/i><\/b><\/a><\/p>\n<h2><span style=\"font-weight: 400;\">#14: Jeffersonville<\/span><\/h2>\n<p><b>Median home price: <\/b><span style=\"font-weight: 400;\">$251,500<\/span><span style=\"font-weight: 400;\"><br \/>\n<\/span><b>Average sale price per square foot: <\/b><span style=\"font-weight: 400;\">$152<\/span><span style=\"font-weight: 400;\"><br \/>\n<\/span><b>Average rent for a 1-bedroom apartment:<\/b><span style=\"font-weight: 400;\"> $1,012<\/span><span style=\"font-weight: 400;\"><br \/>\n<\/span><b>Median household income:<\/b><span style=\"font-weight: 400;\"> $67,566<\/span><span style=\"font-weight: 400;\"><br \/>\n<\/span><b>Nearest major metro:<\/b><span style=\"font-weight: 400;\"> Lexington, KY (3 miles)<\/span><span style=\"font-weight: 400;\"><br \/>\n<\/span><a href=\"https:\/\/www.redfin.com\/city\/9738\/IN\/Jeffersonville\" data-wpel-link=\"exclude\"><span style=\"font-weight: 400;\">Jeffersonville, IN homes for sale<\/span><span style=\"font-weight: 400;\"><br \/>\n<\/span><\/a><a href=\"https:\/\/www.apartmentguide.com\/apartments\/Indiana\/Jeffersonville\" data-wpel-link=\"external\" target=\"_blank\" rel=\"external noopener noreferrer\"><span style=\"font-weight: 400;\">Jeffersonville, IN apartments for rent<\/span><\/a><\/p>\n<p><span style=\"font-weight: 400;\">Rounding out our list of the most affordable places to live in Indiana is Jeffersonville. With a median home sale price of $251,500 and about 51,200 residents, this mid-sized city is a great option to consider buying a home in. Jeffersonville is just across the river from <\/span><a href=\"https:\/\/www.redfin.com\/city\/11746\/KY\/Lexington\" data-wpel-link=\"exclude\"><span style=\"font-weight: 400;\">Louisville, KY<\/span><\/a><span style=\"font-weight: 400;\">, so there\u2019s always something new to explore in both cities. Make sure to check out the charming riverfront neighborhood with local shops and restaurants, visit the <\/span><a href=\"https:\/\/www.howardsteamboatmuseum.org\/\" data-wpel-link=\"external\" target=\"_blank\" rel=\"external noopener noreferrer\"><span style=\"font-weight: 400;\">Howard Steamboat Museum<\/span><\/a><span style=\"font-weight: 400;\">, or stop by Falls of the Ohio State Park.<\/span><\/p>\n<p><b>Methodology:<\/b><span style=\"font-weight: 400;\"> All cities must have over 50,000 residents per the US Census and have a median home sale price under the average median home sale price in Indiana. Median home sale price and median sale price per square foot from the <\/span><a href=\"https:\/\/www.redfin.com\/news\/data-center\/\" data-wpel-link=\"exclude\"><span style=\"font-weight: 400;\">Redfin Data Center<\/span><\/a><span style=\"font-weight: 400;\"> during April 2025. Average rental data from <\/span><a href=\"https:\/\/www.rent.com\/\" data-wpel-link=\"external\" target=\"_blank\" rel=\"external noopener noreferrer\"><span style=\"font-weight: 400;\">Rent.com<\/span><\/a><span style=\"font-weight: 400;\"> April 2025. Population and median household income data sourced from the <\/span><a href=\"https:\/\/data.census.gov\/cedsci\/\" data-wpel-link=\"external\" target=\"_blank\" rel=\"external noopener noreferrer\"><span style=\"font-weight: 400;\">United States Census Bureau<\/span><\/a><span style=\"font-weight: 400;\">.<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Find out the most affordable places to live in Indiana. Whether you&#8217;re living in or moving to Indiana, consider buying a home in one of these affordable cities.<\/p>\n","protected":false},"author":537,"featured_media":95858,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"default","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","ast-disable-related-posts":"","theme-transparent-header-meta":"default","adv-header-id-meta":"","stick-header-meta":"default","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"set","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"footnotes":""},"categories":[2656],"tags":[34495],"coauthors":[33440],"class_list":["post-86393","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-local-insights","tag-in"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v24.7 (Yoast SEO v27.9) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>14 Most Affordable Places to Live in Indiana in 2025 | Redfin<\/title>\n<meta name=\"description\" content=\"See the 14 most affordable places to live in Indiana. Whether you&#039;re living in or moving to Indiana, consider checking out these great affordable cities.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.redfin.com\/blog\/affordable-places-to-live-in-indiana\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"14 Most Affordable Places to Live in Indiana in 2025\" \/>\n<meta property=\"og:description\" content=\"See the 14 most affordable places to live in Indiana. 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