2026 Affordability Data
Most Affordable Neighborhoods in Mitchell - 2026 Data
The median home value in Mitchell is $97,100, 66% below nat'l avg. Median rent is $739/month. We ranked 15 neighborhoods by affordability to help you find the best value in the Mitchell, IN area.
Key Takeaways: Affordability in Mitchell
- 1The most affordable neighborhood in Mitchell is McCordsville, with a median home value of $298,800.
- 2Mitchell's median home value is $97,100, 66% below nat'l avg (national: $281,900).
- 3Median rent in Mitchell is $739/month, 36% below nat'l avg (national: $1,163/month).
- 4We analyzed 15 neighborhoods in Mitchell to find the most affordable areas based on home values, rent, and affordability index.
Mitchell Affordability Overview
Median Home Value
$97,100
66% below nat'l avg
Median Rent
$739/mo
36% below nat'l avg
Median Income
$51,025
32% below nat'l avg
Affordability Index
N/A
Most Affordable Neighborhoods in Mitchell (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 | CarmelIN | $425,900 |
| 14 | Cedar LakeIN | $231,300 |
| 15 | Terre HauteIN | $99,600 |
Detailed Neighborhood Profiles
Home Value: $298,800
Rent: $945/mo
Affordability: 184
Population: 9,098
Walk Score: 47/100
Home Value: $117,700
Rent: $1,013/mo
Affordability: 159
Population: 12,076
Walk Score: 47/100
Home Value: $147,300
Rent: $1,013/mo
Affordability: 159
Population: 13,316
Walk Score: 47/100
4
Home Value: $118,400
Rent: $1,013/mo
Affordability: 159
Population: 59,534
Walk Score: 47/100
5
Home Value: $101,700
Rent: $1,013/mo
Affordability: 159
Population: 55,011
Walk Score: 47/100
6
Home Value: $119,300
Rent: $1,013/mo
Affordability: 159
Population: 53,785
Walk Score: 47/100
7
Home Value: $145,200
Rent: $1,013/mo
Affordability: 159
Population: 70,828
Walk Score: 47/100
8
Home Value: $81,800
Rent: $1,013/mo
Affordability: 159
Population: 69,136
Walk Score: 47/100
9
Home Value: $123,200
Rent: $1,013/mo
Affordability: 159
Population: 13,802
Walk Score: 47/100
10
Home Value: $295,700
Rent: $1,013/mo
Affordability: 159
Population: 70,442
Walk Score: 47/100
11
Home Value: $178,000
Rent: $1,013/mo
Affordability: 159
Population: 13,646
Walk Score: 47/100
12
Home Value: $113,800
Rent: $1,013/mo
Affordability: 159
Population: 103,084
Walk Score: 47/100
13
Home Value: $425,900
Rent: $1,013/mo
Affordability: 159
Population: 99,453
Walk Score: 47/100
14
Home Value: $231,300
Rent: $1,013/mo
Affordability: 159
Population: 14,215
Walk Score: 47/100
15
Home Value: $99,600
Rent: $1,013/mo
Affordability: 159
Population: 58,599
Walk Score: 47/100
Frequently Asked Questions About Affordability in Mitchell
What is the most affordable neighborhood in Mitchell, IN?▾
Based on 2026 data, McCordsville is the most affordable neighborhood in Mitchell with a median home value of $298,800. Kurby analyzed 15 neighborhoods in the Mitchell area to compile these rankings.
What is the median home price in Mitchell, IN?▾
The median home price in Mitchell is $97,100, which is 66% below nat'l avg. The national median home value is $281,900 (Source: Kurby, 2026).
What is the average rent in Mitchell, IN?▾
The median monthly rent in Mitchell is $739. This is 36% below nat'l avg. The national median rent is $1,163/month (Source: Kurby, 2026).
What is the median household income in Mitchell?▾
The median household income in Mitchell is $51,025 compared to the national median of $74,580. This metric is important for understanding housing affordability in relation to local earning power (Source: Kurby, 2026).
How many neighborhoods in Mitchell are below the national average home price?▾
12 out of 15 ranked neighborhoods in Mitchell have a median home value below the national average of $281,900. The most affordable is Washington at $117,700 (Source: Kurby, 2026).