Best Neighborhoods for First-Time Buyers in Indiana (2026 Rankings)

Buying your first home is a big step. We ranked 25 neighborhoods in Indiana by affordability index to help first-time buyers find areas where homeownership is within reach. Scores above 100 mean housing is more affordable than average.

McCordsvilleIN

Kurby Score: 61

Affordability Index: 184

Home Value: $298,800

Median Income: $103,539

Homeownership: 43.0%

SpeedwayIN

Kurby Score: 56

Affordability Index: 159

Home Value: $178,000

Median Income: $52,627

Property Tax: $1,075/yr

Homeownership: 35.0%

ColumbusIN

Kurby Score: 59

Affordability Index: 159

Home Value: $211,700

Median Income: $75,114

Property Tax: $1,075/yr

Homeownership: 35.0%

BedfordIN

Kurby Score: 57

Affordability Index: 159

Home Value: $123,200

Median Income: $49,492

Property Tax: $1,075/yr

Homeownership: 35.0%

AuburnIN

Kurby Score: 57

Affordability Index: 159

Home Value: $147,300

Median Income: $58,635

Property Tax: $1,075/yr

Homeownership: 35.0%

GaryIN

Kurby Score: 50

Affordability Index: 159

Home Value: $81,800

Median Income: $36,874

Property Tax: $1,075/yr

Homeownership: 35.0%

LafayetteIN

Kurby Score: 51

Affordability Index: 159

Home Value: $145,200

Median Income: $50,674

Property Tax: $1,075/yr

Homeownership: 35.0%

NoblesvilleIN

Kurby Score: 54

Affordability Index: 159

Home Value: $295,700

Median Income: $99,458

Property Tax: $1,075/yr

Homeownership: 35.0%

CarmelIN

Kurby Score: 55

Affordability Index: 159

Home Value: $425,900

Median Income: $132,859

Property Tax: $1,075/yr

Homeownership: 35.0%

Terre HauteIN

Kurby Score: 55

Affordability Index: 159

Home Value: $99,600

Median Income: $41,230

Property Tax: $1,075/yr

Homeownership: 35.0%

AndersonIN

Kurby Score: 56

Affordability Index: 159

Home Value: $101,700

Median Income: $44,974

Property Tax: $1,075/yr

Homeownership: 35.0%

ElkhartIN

Kurby Score: 58

Affordability Index: 159

Home Value: $119,300

Median Income: $46,534

Property Tax: $1,075/yr

Homeownership: 35.0%

WashingtonIN

Kurby Score: 57

Affordability Index: 159

Home Value: $117,700

Median Income: $48,255

Property Tax: $1,075/yr

Homeownership: 35.0%

MishawakaIN

Kurby Score: 57

Affordability Index: 159

Home Value: $128,200

Median Income: $51,543

Property Tax: $1,075/yr

Homeownership: 35.0%

South BendIN

Kurby Score: 55

Affordability Index: 159

Home Value: $113,800

Median Income: $49,056

Property Tax: $1,075/yr

Homeownership: 35.0%

JeffersonvilleIN

Kurby Score: 59

Affordability Index: 159

Home Value: $187,700

Median Income: $67,566

Property Tax: $1,075/yr

Homeownership: 35.0%

LawrenceIN

Kurby Score: 59

Affordability Index: 159

Home Value: $193,100

Median Income: $70,762

Property Tax: $1,075/yr

Homeownership: 35.0%

WestfieldIN

Kurby Score: 61

Affordability Index: 159

Home Value: $364,400

Median Income: $117,519

Property Tax: $1,075/yr

Homeownership: 35.0%

Indianapolis city (balance)IN

Kurby Score: 52

Affordability Index: 159

Home Value: $184,600

Median Income: $59,110

Property Tax: $1,075/yr

Homeownership: 35.0%

KokomoIN

Kurby Score: 58

Affordability Index: 159

Home Value: $118,400

Median Income: $53,967

Property Tax: $1,075/yr

Homeownership: 35.0%

GreensburgIN

Kurby Score: 57

Affordability Index: 159

Home Value: $160,800

Median Income: $61,864

Property Tax: $1,075/yr

Homeownership: 35.0%

PortageIN

Kurby Score: 58

Affordability Index: 159

Home Value: $189,300

Median Income: $71,317

Property Tax: $1,075/yr

Homeownership: 35.0%

Fort WayneIN

Kurby Score: 57

Affordability Index: 159

Home Value: $152,500

Median Income: $58,233

Property Tax: $1,075/yr

Homeownership: 35.0%

WabashIN

Kurby Score: 57

Affordability Index: 159

Home Value: $107,400

Median Income: $51,127

Property Tax: $1,075/yr

Homeownership: 35.0%

Cedar LakeIN

Kurby Score: 58

Affordability Index: 159

Home Value: $231,300

Median Income: $84,444

Property Tax: $1,075/yr

Homeownership: 35.0%

More Indiana Guides

Safest Neighborhoods in Indiana

ranked by lowest violent crime rates

Most Walkable Neighborhoods in Indiana

ranked by Walk Score

Most Affordable Neighborhoods in Indiana

ranked by affordability index

Best Neighborhoods for Families in Indiana

ranked by safety, walkability, and homeownership

Best Neighborhoods for Retirees in Indiana

ranked by safety and affordability

Neighborhoods with the Cleanest Air in Indiana

ranked by Air Quality Index

Best Neighborhoods for Commuters in Indiana

ranked by transit score

Best Neighborhoods for Biking in Indiana

ranked by bike score

Quietest Neighborhoods in Indiana

ranked by lowest road noise levels

Lowest Crime Neighborhoods in Indiana

ranked by lowest property crime rates

Highest Homeownership Neighborhoods in Indiana

ranked by homeownership rate

Most Affordable Rent Neighborhoods in Indiana

ranked by lowest median rent

Highest Income Neighborhoods in Indiana

ranked by median household income

Lowest Unemployment Neighborhoods in Indiana

ranked by lowest unemployment rate

Best Climate-Resilient Neighborhoods in Indiana

ranked by lowest climate risk score

Lowest Cost of Living Neighborhoods in Indiana

ranked by lowest electricity rates

Lowest Property Tax Neighborhoods in Indiana

ranked by median annual property tax

Best Neighborhoods with Public Transit in Indiana

ranked by transit score

Best Neighborhoods for Young Professionals in Indiana

ranked by walkability score

Greenest Neighborhoods in Indiana

ranked by best air quality

Most Populated Neighborhoods in Indiana

ranked by population

Lowest Poverty Rate Neighborhoods in Indiana

ranked by lowest poverty rate

Highest Home Value Neighborhoods in Indiana

ranked by median home value

Most Affordable Housing Neighborhoods in Indiana

ranked by lowest median home value

Safest Neighborhoods (Low Property Crime) in Indiana

ranked by lowest property crime rates

Want detailed data for a specific address?

Search any address in Indiana for a comprehensive AI-powered neighborhood report.