Similar to other places in this area, it is substantially less expensive compared to the United States as a whole. Compared to the city of Bloomington, it is substantially less expensive.
Home prices
The price of the median home in Bainbridge is $96,600. In comparison to the surrounding areas this is is very similar.It is about $120,900 (55%) lower compared to the nation as a whole, and is approximately $104,100 (51%) lower compared to the city of Bloomington.
Rents
Bainbridge's median rent is $759 a month. Compared to other places in this area this is about $80 (9%) lower.It is approximately $303 (28%) lower compared to the nation as a whole, and compared to the city of Bloomington it is roughly $158 (17%) lower.
Nearby places
Heritage Lake
Heritage Lake is about 5 miles southeast of Bainbridge. Housing prices there are substantially more expensive. The cost of the median home in Heritage Lake is $150,700, which works out to $54,100 (35%) higher than Bainbridge. The rent there is pretty similar. The median monthly rent in Heritage Lake is $741, which works out to $18 (2%) lower than Bainbridge.
Van Bibber Lake
Van Bibber Lake is roughly 5 miles west from Bainbridge. Its real estate prices are substantially less expensive. The cost of the median home in Van Bibber Lake is $60,900, which comes out to $35,700 (58%) lower than Bainbridge. Rent there is a little more expensive. In Van Bibber Lake the median monthly rent is $1,010, which comes out to $251 (24%) higher than Bainbridge.
Roachdale
Roachdale is about 5 miles north from Bainbridge. Its real estate prices are somewhat less expensive. Roachdale's median home cost is $78,600, which works out to $18,000 (22%) lower than Bainbridge. Rents there are a bit more expensive. The median rent in Roachdale is $919 per month, which works out to $160 (17%) higher than Bainbridge.
Fillmore
Fillmore is approximately 6 miles southeast of Bainbridge. Its real estate prices are a bit less expensive. The median home in Fillmore is valued at $86,200, which is $10,400 (12%) lower than Bainbridge. Rents there are pretty similar. Fillmore's median rent is $770 a month, which works out to $11 (1%) higher than Bainbridge.
Greencastle
Greencastle is about 8 miles south from Bainbridge. Real estate prices there are somewhat more expensive. The median home in Greencastle costs $105,700, which is $9,100 (8%) higher than Bainbridge. Rent there is pretty similar. The median monthly rent in Greencastle is $754, which is very similar to Bainbridge.