The 25 Most Affordable Small Towns in Indiana

Ranked by home value ÷ income among 107 towns of 500–10,000 people in Indiana. #1 is Country Squire Lakes, IN (homes cost 0.5× income).

1. 25Mitchell, Indiana

   Homes cost 2.3× income

   Mitchell is a city of 3,933 people in Lawrence County, Indiana. The median home is worth $114,500 and the median household earns $48,930, so homes cost 2.3× income (typical Indiana town: 2.5×). Median rent is $849.

   3,933 people · Lawrence County · median home $114,500 · income $48,930 · Jan low 21°F · 14 in snow

   Full Mitchell, Indiana profile: weather, storms, schools, jobs →

2. 24South Haven, Indiana

   Homes cost 2.3× income

   South Haven is a community of 5,084 people in Porter County, Indiana. The median home is worth $178,200 and the median household earns $76,003, so homes cost 2.3× income (typical Indiana town: 2.5×). Median rent is $1,297.

   5,084 people · Porter County · median home $178,200 · income $76,003 · Jan low 18°F · 40 in snow

   Full South Haven, Indiana profile: weather, storms, schools, jobs →

3. 23Westville, Indiana

   Homes cost 2.3× income

   Westville is a town of 5,257 people in LaPorte County, Indiana. The median home is worth $139,300 and the median household earns $60,794, so homes cost 2.3× income (typical Indiana town: 2.5×). Median rent is $1,019.

   5,257 people · LaPorte County · median home $139,300 · income $60,794 · Jan low 15°F · 34 in snow

   Full Westville, Indiana profile: weather, storms, schools, jobs →

4. 22North Manchester, Indiana

   Homes cost 2.3× income

   

   North Manchester is a town of 5,277 people in Wabash County, Indiana. The median home is worth $138,200 and the median household earns $61,296, so homes cost 2.3× income (typical Indiana town: 2.5×). Median rent is $660.

   5,277 people · Wabash County · median home $138,200 · income $61,296 · Jan low 17°F · 30 in snow

   Full North Manchester, Indiana profile: weather, storms, schools, jobs →

5. 21Brazil, Indiana

   Homes cost 2.2× income

   Brazil is a city of 8,181 people in Clay County, Indiana. The median home is worth $113,900 and the median household earns $52,055, so homes cost 2.2× income (typical Indiana town: 2.5×). Median rent is $869.

   8,181 people · Clay County · median home $113,900 · income $52,055 · Jan low 21°F · 20 in snow

   Full Brazil, Indiana profile: weather, storms, schools, jobs →

6. 20Princeton, Indiana

   Homes cost 2.2× income

   Princeton is a city of 8,301 people in Gibson County, Indiana. The median home is worth $128,700 and the median household earns $57,618, so homes cost 2.2× income (typical Indiana town: 2.5×). Median rent is $1,022.

   8,301 people · Gibson County · median home $128,700 · income $57,618 · Jan low 21°F · 12 in snow

   Full Princeton, Indiana profile: weather, storms, schools, jobs →

7. 19Melody Hill, Indiana

   Homes cost 2.1× income

   Melody Hill is a community of 3,689 people in Vanderburgh County, Indiana. The median home is worth $201,600 and the median household earns $93,906, so homes cost 2.1× income (typical Indiana town: 2.5×). Median rent is $1,091.

   3,689 people · Vanderburgh County · median home $201,600 · income $93,906 · Jan low 26°F · 11 in snow

   Full Melody Hill, Indiana profile: weather, storms, schools, jobs →

8. 18Gas City, Indiana

   Homes cost 2.1× income

   Gas City is a city of 6,157 people in Grant County, Indiana. The median home is worth $119,300 and the median household earns $55,982, so homes cost 2.1× income (typical Indiana town: 2.5×). Median rent is $901.

   6,157 people · Grant County · median home $119,300 · income $55,982 · Jan low 18°F · 25 in snow

   Full Gas City, Indiana profile: weather, storms, schools, jobs →

9. 17Brooklyn, Indiana

   Homes cost 2.0× income

   Brooklyn is a town of 2,511 people in Morgan County, Indiana. The median home is worth $119,000 and the median household earns $58,176, so homes cost 2.0× income (typical Indiana town: 2.5×). Median rent is $1,011.

   2,511 people · Morgan County · median home $119,000 · income $58,176 · Jan low 19°F · 20 in snow

   Full Brooklyn, Indiana profile: weather, storms, schools, jobs →

10. 16Butler, Indiana

    Homes cost 2.0× income

    Butler is a city of 2,635 people in DeKalb County, Indiana. The median home is worth $107,700 and the median household earns $54,688, so homes cost 2.0× income (typical Indiana town: 2.5×). Median rent is $785.

    2,635 people · DeKalb County · median home $107,700 · income $54,688 · Jan low 17°F · 34 in snow

    Full Butler, Indiana profile: weather, storms, schools, jobs →

11. 15Fairmount, Indiana

    Homes cost 2.0× income

    

    Fairmount is a town of 2,682 people in Grant County, Indiana. The median home is worth $103,200 and the median household earns $51,739, so homes cost 2.0× income (typical Indiana town: 2.5×). Median rent is $1,026.

    2,682 people · Grant County · median home $103,200 · income $51,739 · Jan low 18°F · 24 in snow

    Full Fairmount, Indiana profile: weather, storms, schools, jobs →

12. 14Union City, Indiana

    Homes cost 2.0× income

    

    Union City is a city of 3,454 people in Randolph County, Indiana. The median home is worth $79,300 and the median household earns $39,360, so homes cost 2.0× income (typical Indiana town: 2.5×). Median rent is $595.

    3,454 people · Randolph County · median home $79,300 · income $39,360 · Jan low 18°F · 24 in snow

    Full Union City, Indiana profile: weather, storms, schools, jobs →

13. 13Hartford City, Indiana

    Homes cost 2.0× income

    

    Hartford City is a city of 6,086 people in Blackford County, Indiana. The median home is worth $83,400 and the median household earns $41,752, so homes cost 2.0× income (typical Indiana town: 2.5×). Median rent is $730.

    6,086 people · Blackford County · median home $83,400 · income $41,752 · Jan low 19°F · 32 in snow

    Full Hartford City, Indiana profile: weather, storms, schools, jobs →

14. 12Ligonier, Indiana

    Homes cost 1.9× income

    

    Ligonier is a city of 4,568 people in Noble County, Indiana. The median home is worth $110,000 and the median household earns $59,359, so homes cost 1.9× income (typical Indiana town: 2.5×). Median rent is $852.

    4,568 people · Noble County · median home $110,000 · income $59,359 · Jan low 18°F · 24 in snow

    Full Ligonier, Indiana profile: weather, storms, schools, jobs →

15. 11Winchester, Indiana

    Homes cost 1.9× income

    Winchester is a city of 4,843 people in Randolph County, Indiana. The median home is worth $97,600 and the median household earns $52,439, so homes cost 1.9× income (typical Indiana town: 2.5×). Median rent is $756.

    4,843 people · Randolph County · median home $97,600 · income $52,439 · Jan low 18°F · 25 in snow

    Full Winchester, Indiana profile: weather, storms, schools, jobs →

16. 10Linton, Indiana

    Homes cost 1.9× income

    Linton is a city of 5,133 people in Greene County, Indiana. The median home is worth $86,000 and the median household earns $45,440, so homes cost 1.9× income (typical Indiana town: 2.5×). Median rent is $812.

    5,133 people · Greene County · median home $86,000 · income $45,440 · Jan low 21°F · 14 in snow

    Full Linton, Indiana profile: weather, storms, schools, jobs →

17. 9Portland, Indiana

    Homes cost 1.9× income

    

    Portland is a city of 6,320 people in Jay County, Indiana. The median home is worth $96,700 and the median household earns $51,513, so homes cost 1.9× income (typical Indiana town: 2.5×). Median rent is $763.

    6,320 people · Jay County · median home $96,700 · income $51,513 · Jan low 17°F · 19 in snow

    Full Portland, Indiana profile: weather, storms, schools, jobs →

18. 8Chandler, Indiana

    Homes cost 1.8× income

    Chandler is a town of 3,693 people in Warrick County, Indiana. The median home is worth $131,100 and the median household earns $74,725, so homes cost 1.8× income (typical Indiana town: 2.5×). Median rent is $990.

    3,693 people · Warrick County · median home $131,100 · income $74,725 · Jan low 25°F · 11 in snow

    Full Chandler, Indiana profile: weather, storms, schools, jobs →

19. 7Elwood, Indiana

    Homes cost 1.8× income

    

    Elwood is a city of 8,410 people in Madison County, Indiana. The median home is worth $97,800 and the median household earns $53,280, so homes cost 1.8× income (typical Indiana town: 2.5×). Median rent is $860.

    8,410 people · Madison County · median home $97,800 · income $53,280 · Jan low 18°F · 20 in snow

    Full Elwood, Indiana profile: weather, storms, schools, jobs →

20. 6Rockville, Indiana

    Homes cost 1.7× income

    Rockville is a town of 2,510 people in Parke County, Indiana. The median home is worth $99,600 and the median household earns $57,083, so homes cost 1.7× income (typical Indiana town: 2.5×). Median rent is $731.

    2,510 people · Parke County · median home $99,600 · income $57,083 · Jan low 17°F · 13 in snow

    Full Rockville, Indiana profile: weather, storms, schools, jobs →

21. 5Attica, Indiana

    Homes cost 1.7× income

    

    Attica is a city of 3,036 people in Fountain County, Indiana. The median home is worth $118,000 and the median household earns $68,931, so homes cost 1.7× income (typical Indiana town: 2.5×). Median rent is $802.

    3,036 people · Fountain County · median home $118,000 · income $68,931 · Jan low 16°F · 23 in snow

    Full Attica, Indiana profile: weather, storms, schools, jobs →

22. 4Alexandria, Indiana

    Homes cost 1.5× income

    

    Alexandria is a city of 5,149 people in Madison County, Indiana. The median home is worth $97,800 and the median household earns $64,317, so homes cost 1.5× income (typical Indiana town: 2.5×). Median rent is $801.

    5,149 people · Madison County · median home $97,800 · income $64,317 · Jan low 18°F · 20 in snow

    Full Alexandria, Indiana profile: weather, storms, schools, jobs →

23. 3Grissom AFB, Indiana

    Homes cost 1.4× income

    Grissom AFB is a community of 3,009 people in Miami County, Indiana. The median home is worth $79,000 and the median household earns $55,104, so homes cost 1.4× income (typical Indiana town: 2.5×). Median rent is $878.

    3,009 people · Miami County · median home $79,000 · income $55,104 · Jan low 17°F · 21 in snow

    Full Grissom AFB, Indiana profile: weather, storms, schools, jobs →

24. 2Bicknell, Indiana

    Homes cost 1.3× income

    Bicknell is a city of 3,029 people in Knox County, Indiana. The median home is worth $66,300 and the median household earns $52,188, so homes cost 1.3× income (typical Indiana town: 2.5×). Median rent is $844.

    3,029 people · Knox County · median home $66,300 · income $52,188 · Jan low 22°F · 15 in snow

    Full Bicknell, Indiana profile: weather, storms, schools, jobs →

25. 1Country Squire Lakes, Indiana

    Homes cost 0.5× income

    Country Squire Lakes is a community of 3,558 people in Jennings County, Indiana. The median home is worth $26,600 and the median household earns $57,201, so homes cost 0.5× income (typical Indiana town: 2.5×). Median rent is $1,149.

    3,558 people · Jennings County · median home $26,600 · income $57,201 · Jan low 23°F · 17 in snow

    Full Country Squire Lakes, Indiana profile: weather, storms, schools, jobs →

More Indiana rankings

• The 25 Best Small Towns to Retire in Indiana
• The 13 Quietest Small Towns in Indiana
• The 25 Best Small Towns for Families in Indiana
• 25 Small Towns in Indiana With the Mildest Winters
• The 25 Most Walkable Small Towns in Indiana
• 25 Small Towns in Indiana With the Fewest Tornadoes Since 1950
• The 25 Best Small Towns for First-Time Home Buyers in Indiana

Same ranking, other places

• The 50 Most Affordable Small Towns in America
• The 25 Most Affordable Small Towns in Pennsylvania
• The 25 Most Affordable Small Towns in New York
• The 25 Most Affordable Small Towns in Michigan
• The 25 Most Affordable Small Towns in Texas
• The 25 Most Affordable Small Towns in California
• The 25 Most Affordable Small Towns in New Jersey
• The 25 Most Affordable Small Towns in Florida
• The 25 Most Affordable Small Towns in Wisconsin
• The 25 Most Affordable Small Towns in Ohio