Indianapolis is a thriving city noted for its rich history, sports culture, and various neighborhoods. However, for those seeking to mix urban excitement with more affordable living, the surrounding suburbs present an enticing option.
The Indianapolis suburbs provide a wide range of economical living alternatives without sacrificing quality of life, from lovely villages with excellent schools to locations with plenty of parks and recreational opportunities.
Whether you’re a young worker, a growing family, or someone looking for a quieter lifestyle, these suburbs provide a unique combination of affordability and facilities.
In this post, we’ll look at Indianapolis’ seven most cheap suburbs, highlighting what makes each one appealing to budget-conscious residents.
1. Whiteland
- Median household income is $71,146.
- The median home value is $126,300.
Whiteland takes the top spot on our list of inexpensive Indianapolis suburbs because it supports greater earnings while maintaining a highly affordable housing market. Whiteland, a little hamlet of barely 4,000 people, is an excellent location for commuting to the metropolis, being only 19 miles from downtown.
2. New Whiteland
- Median household income is $57,033.
- The median home value is $95,300.
New Whiteland, a local neighbor of the first town on our list, is likewise conveniently located for commuting to downtown. Aside from being economical, this town is notable for its educational system, with an 88 percent graduation rate, which is 7% higher than the Indiana average and 8% more than what you would find downtown.
3. Beech Grove
- Median household income is $39,444.
- The median home value is $93,600.
Beech Grove, located only six miles from downtown, is an excellent suburb to visit if you want to experience more of the big city life. This suburb has immediate access to Interstate 465 and public bus routes provided by Indianapolis’ IndyGo public transportation system, making it quite easy to go into the city.
4. Mooresville
- Median household income is $53,658.
- The median home value is $125,100.
Mooresville has some unique attractions, including the Soaring Eagle Zipline and a splash park, which are ideal for cooling down on hot summer days. Living in this affordable neighborhood also makes commuting to other places a breeze, given to its proximity to the Indianapolis airport, which is only 11 miles away.
5. Shelbyville
- Median household income is $38,578.
- The median home value is $98,500.
Shelbyville, the county seat of Shelby County, is one of the more affordable Indianapolis suburbs on our list, with a population of over 20,000. Because of its greater population and vibrant community, it’s an excellent spot to locate year-round city events such as the Shelby County Arts Fest. It’s also worth noting that in recent years, significant effort has been made to revitalize downtown Shelbyville, drawing some new businesses, restaurants, and stores.
6. Pittsboro
- Median household income is $78,348.
- The median home value is $154,500.
Pittsboro may be the smallest town on our list, with only 3,000 residents, but that doesn’t mean it lacks individuality. It is home to three parks, each with various festivals throughout the year, as well as the Pittsboro Golf Club. This neighborhood also has the highest earnings of all of the suburbs on our list, so if you fit the qualifications, you’ll have an excellent chance of finding work here.
7. Lawrence
- Median household income is $51,384.
- The median home value is $125,500.
Lawrence, home to Fort Benjamin Harrison and the Fort Harrison State Park, is one of Indiana’s most picturesque areas. It also attracts a well-educated population, with 31 percent of local people holding a bachelor’s degree, compared to the state average of 22 percent.
Final Words
Finally, Indianapolis suburbs provide an excellent balance of cost and quality living, appealing to a wide range of lifestyles. From the lovely community of Whiteland to the picturesque splendor of Lawrence, each suburb has its own set of traits that make living there more enjoyable.
Whether you’re looking for educational possibilities, recreational activities, or easy access to the city, these seven affordable suburbs highlight the best of what the Indianapolis area has to offer, making them appealing choices for budget-conscious homeowners. Embracing the charm and amenities of these neighborhoods can lead to a satisfying life while still reaping the benefits of suburban living.