Indiana
Ranked #10 of 51 for housing affordability
71Affordable
Median Home Price
🏠$230K
3.9x income
Median Rent
🔑$1K
28.0% rent-burdened
Median Income
💰$58K
Population: 6,833,037
Homeownership
🏡69.1%
5,596 experiencing homelessness
Housing Shortage
📉55,000
units needed
Building Permits (2024)
🔨28,000
Price-to-Income
📊3.9x
Severe Rent Burden
⚠️12.8%
paying >50% of income
Rent Burden Breakdown
vs. National Average
Metros in Indiana
| Metro | Score | Home Price | Rent | Income | Rent Burden |
|---|---|---|---|---|---|
| Indianapolis | 62 | $270K | $1K | $61K | 30.0% |
| Fort Wayne | 75 | $210K | $950 | $57K | 27.0% |
Housing Policies
low-income housing tax creditscommunity development block grants