Home prices
Albion's median home cost is $94,400. In comparison to nearby areas it is roughly $20,800 (18%) lower.Compared to the country as a whole it is approximately $123,100 (56%) lower, and is about $20,700 (17%) lower compared to the city of Fort Wayne.
Rents
The median rent in Albion is $721 a month. It is approximately $47 (7%) higher compared to other places in this area.It is approximately $341 (32%) lower compared to the US as a whole, and is approximately $43 (5%) lower compared to the city of Fort Wayne.
Nearby places
Kimmell
Kimmell is approximately 5 miles west of Albion. Its housing prices are somewhat less expensive. The median home in Kimmell costs $81,300, which comes out to $13,100 (16%) lower than Albion. Its rents are pretty similar. Kimmell's median monthly rent is $701, which works out to $20 (2%) lower than Albion.
Rome City
Rome City is roughly 6 miles northeast of Albion. Its real estate prices are substantially more expensive. The price of the median home in Rome City is $190,900, which works out to $96,500 (50%) higher than Albion. Rents there are similar. Rome City's median rent is $724 a month, which is very similar to Albion.
Kendallville
Kendallville is approximately 7 miles northeast from Albion. Housing prices there are a bit more expensive. The price of the median home in Kendallville is $99,600, which is $5,200 (5%) higher than Albion. Rent there is a little less expensive. Kendallville's median monthly rent is $667, which works out to $54 (8%) lower than Albion.
Avilla
Avilla is about 8 miles east of Albion. Housing prices there are a little more expensive. The median home price in Avilla is $122,000, which is $27,600 (22%) higher than Albion. Rent there is a little less expensive. In Avilla the median monthly rent is $581, which works out to $140 (24%) lower than Albion.
Cromwell
Cromwell is roughly 8 miles west of Albion. Its real estate prices are a little less expensive. The median home in Cromwell costs $82,200, which is $12,200 (14%) lower than Albion. Rent there is pretty similar. Cromwell's median monthly rent is $696, which is $25 (3%) lower than Albion.