If you’re a family looking to move to the Indianapolis area, you may be wondering where the most affordable suburbs are. While the cost of living in Indianapolis is relatively low compared to other major cities, finding the right neighborhood to fit your family’s budget can still be a challenge. Here are a few of the most affordable suburbs in Indianapolis:
Beech Grove: This suburb is located just southeast of downtown Indianapolis and has a median home value of around $180,000. This number has been climbing for the past 5 years. Back in 2015, the median home sale was just $88,000. The community is known for its affordable cost of living compared to other parts of the metropolitan area. Residents of Beech Grove enjoy easy access to a variety of amenities and attractions. The city also boasts a strong sense of community pride, with annual events such as the Beech Grove Fall Festival and the Greatimes Family Fun Park. Overall, living in Beech Grove offers a peaceful and welcoming environment with all the benefits of city living just a short drive away. Click HERE to view homes for sale in Beech Grove.
Lawrence: Located on the east side of Indianapolis, Lawrence is a great option for families on a budget. The median home value in Lawrence is around $137,000. The community is known for its family-friendly atmosphere and diverse range of housing options. Residents of Lawrence enjoy easy access to a variety of amenities, including parks, shopping centers, and restaurants, as well as several community events and festivals throughout the year. Probably the most well known attraction near Lawrence is Fort Harrison State Park. The state park has a dog area, horse riding, hiking trails and many other fun activities for the family. Click HERE to view homes for sale in Lawrence.
Greenwood: Greenwood, Indiana is a vibrant city located just south of Indianapolis. The community is known for its welcoming atmosphere, excellent schools, and variety of entertainment options. The median home value in Greenwood is around $250,000. Greenwood boasts a thriving downtown district with a variety of restaurants, shops, and cultural attractions. This includes the Greenwood Park Mall and the Greenwood Amphitheater. Residents also enjoy access to a number of parks and recreational areas, including Freedom Park and the Pleasant Creek Trail. With its convenient location just a short drive from Indianapolis, Greenwood offers easy access to all the cultural and entertainment offerings of the city while still maintaining its own unique identity and community spirit. Click HERE to view homes for sale in Greenwood.
Mooresville: Mooresville, Indiana is a charming town located in Morgan County, just a short drive southwest of Indianapolis. The median home sale is around $250,000. The community is known for its small-town feel and friendly atmosphere, with a rich history and strong community spirit. Mooresville is home to a variety of unique shops, restaurants, and cultural attractions, including the historic Mooresville downtown district and the Old Town Waverly Park. Residents also enjoy access to a number of parks and recreational areas, including Pioneer Park and the Mooresville Bicentennial Park. The town also boasts excellent schools and a low crime rate, making it a popular choice for families. Click HERE to view homes for sale in Mooresville.
These are just a few of the most affordable suburbs in Indianapolis for families. It’s important to keep in mind that the cost of living in each suburb may vary depending on factors such as property taxes, utilities, and transportation. But by keeping an open mind and being flexible, you can find the perfect neighborhood for your family’s budget.
Overall, the Indianapolis area offers a wide range of affordable options for families looking to relocate. With a variety of suburbs to choose from, families can find the perfect neighborhood that fits their budget and lifestyle. Get in touch with me if you’re looking for an affordable option and I can do my best to find exactly what you’re looking for.