Housing in Brown

A typical Brown home is worth roughly $217,000

Typical home value

$217K

IN $260K

Estimate

2-bedroom rent

$1,300

a month, utilities in · HUD

Median tax bill

$1,200

IN $1,614

What kind of housing town is Brown?

Read from the numbers below. The page puts what stands out first.

A town of owners95% of households own their home.Your money goes further16% below the Indiana typical home.

★ What stands out · The homes

95% of Brown households own their home

Half of Brown’s homes were built before 1965.

Owners and renters

Own 95%Rent 5%

Indiana: 71% own.

1965

typical home built · IN 1976

$1,200

median property tax bill · IN $1,614

0.55%

of a home’s value, a year in tax · IN 0.74%

U.S. Census Bureau, American Community Survey 2020-2024.

Affordability

A typical home costs 2.6 years of income

Less than across Indiana (3.6 years). Try your own numbers below.

You could afford about

$340,000

Typical Brown home $217K

That covers a typical Brown home, with $122K to spare.

The typical home, each month

$1,240

Loan $1,080Tax $100Insurance $60

A two-bedroom rents for about $1,300 a month here, $60 more than owning.

Where your budget reaches nearby

Jackson$167K Wayne$177K Adams$231K Green$277K Greensboro$151K

How Brown ranks on affordability →

An estimate, not a loan offer: payments of up to 28% of income, a 30-year fixed loan, Brown’s typical property tax (0.55% of value a year, from the Census) and insurance of about 0.35%. Mortgage insurance, HOA fees and other debts aren’t included.

Renting

A two-bedroom rents for about $1,300

Fair Market Rent a month, utilities included

Studio$990

1 bedroom$1,050

2 bedrooms$1,300

3 bedrooms$1,690

4 bedrooms$1,870

of households rent · IN 29%

renter households

of renters spend 30%+ of income on rent · IN 48%

19%

of the median income, for a two-bedroom

U.S. Department of Housing and Urban Development, Fair Market Rents by ZIP code (Indianapolis-Carmel, IN HUD Metro FMR Area): the 40th-percentile rent plus utilities for a standard unit. Median rent and renters: U.S. Census Bureau, American Community Survey.

Next door

Brown vs. its neighbors

Brown is the 3rd priciest of 6 neighboring towns. Tap one to see its housing page.

Green$277K Adams$231K Brown$217K Wayne$177K Jackson$167K Greensboro$151K

Compare more

Town	Typical value	1-yr change	2-bed rent	Median income
Brown	$217K*	—	$1,300	$82,734
Jackson	$167K*	−4.7%†	$1,300	$95,000
Wayne	$177K*	+0.3%†	$1,100	$62,599
Adams	$231K*	+4.5%†	$1,310	$82,500
Green	$277K*	+6.3%†	$1,420	$82,090
Greensboro	$151K*	+1.3%†	$1,050	$56,111

Typical value: Zillow Home Value Index; * Census median home value where Zillow has none. † FHFA price index change where Zillow has none. Rent: HUD Fair Market Rent. New homes: Census building permits.

Neighbors talk housing

What Brown buyers, sellers and renters are saying.

Town Square →

Weigh in

Is Brown still affordable for young families?

Your answer becomes a post in Town Square.

Start the conversation

Home values: Zillow Home Value Index (ZHVI), Zillow Research. Sales, days on market and supply: Redfin Data Center. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. Fair Market Rents: U.S. Department of Housing and Urban Development. Listings link to their publishers. The calculator is an estimate, not a loan offer.