Most Affordable Neighborhoods in Chesterton - 2026 Data
The median home value in Chesterton is $265,800, 6% below nat'l avg. Median rent is $1,013/month. With an affordability index of 159, Chesterton is more affordable than the national baseline of 100. We ranked 15 neighborhoods by affordability to help you find the best value in the Chesterton, IN area.
Key Takeaways: Affordability in Chesterton
- 1The most affordable neighborhood in Chesterton is McCordsville, with a median home value of $298,800.
- 2Chesterton's median home value is $265,800, 6% below nat'l avg (national: $281,900).
- 3Chesterton's affordability index is 159 (baseline 100), making it more affordable than the national average.
- 4Median rent in Chesterton is $1,013/month, 13% below nat'l avg (national: $1,163/month).
- 5We analyzed 15 neighborhoods in Chesterton to find the most affordable areas based on home values, rent, and affordability index.
Chesterton Affordability Overview
Median Home Value
$265,800
6% below nat'l avg
Median Rent
$1,013/mo
13% below nat'l avg
Median Income
$90,753
22% above nat'l avg
Affordability Index
159
59% above nat'l avg
Most Affordable Neighborhoods in Chesterton (Ranked)
| Rank | Neighborhood | Median Home Value |
|---|---|---|
| 1 | McCordsvilleIN | $298,800 |
| 2 | WashingtonIN | $117,700 |
| 3 | AuburnIN | $147,300 |
| 4 | KokomoIN | $118,400 |
| 5 | AndersonIN | $101,700 |
| 6 | ElkhartIN | $119,300 |
| 7 | LafayetteIN | $145,200 |
| 8 | GaryIN | $81,800 |
| 9 | BedfordIN | $123,200 |
| 10 | NoblesvilleIN | $295,700 |
| 11 | SpeedwayIN | $178,000 |
| 12 | South BendIN | $113,800 |
| 13 | Cedar LakeIN | $231,300 |
| 14 | CarmelIN | $425,900 |
| 15 | Terre HauteIN | $99,600 |