States › Indiana › Alexandria

Is Alexandria, IN expensive to live in?

CheapRent takes 16 cents of every $1 people earn here.
🏠 Rent per month (2026)$90548% lower than U.S. average
💵 Families earn per year (2026)$69,366about $5,781/month · 20% lower than U.S. average
🔑 House price$97,80071% lower than U.S. average

Rent here is among the lowest 10% of all U.S. cities. A typical house costs under 3 years of household income, which is easy by U.S. standards.

How much money do I need?

To rent here comfortably, you should earn about $36,200 a year. That is $17 an hour at a full-time job.

Is rent cheaper than other Indiana cities?

Yes. Rent here is cheaper than in most of Indiana. It is number 14 of 132 cities from cheapest to most expensive.

Alexandria
$905
Whiteland
$1,837
Lawrenceburg
$848
Porter
$1,135
Winona Lake
$1,886
Linton
$898
Westville
$1,127

How much do households earn in Alexandria?

Under $25k
17.0%
$25k–50k
22.6%
$50k–100k
41.1%
$100k–150k
14.3%
$150k+
2.4%

Share of households by yearly income. 16.7% of households earn $100,000 or more.

Rent by apartment size in Alexandria

SizeAlexandriaU.S. average
1 bedroom$802$1,324
2 bedrooms$934$1,509

Median monthly rent plus utilities for all renters, by number of bedrooms.

How expensive is Alexandria overall?

Everyday prices in Indiana overall are 7% below the U.S. average (index 93.3, U.S. = 100).

Housing
74
Goods (food, clothes…)
96
Utilities
86
Other services
99
U.S. average
100

Source: U.S. Bureau of Economic Analysis, Regional Price Parities 2024. City-level data is not published for Alexandria, so the Indiana figure is shown.

Taxes and bills in Alexandria

🏛️ Property tax$1,111a year · 1.14% of home value · U.S. $3,119
⚡ Electric bill$147a month (typical) · U.S. $156

Life in Alexandria

Commute to work29.6 minU.S.: 26.4 min
College degree16.2%U.S.: 35.7%
Own their home59.7%U.S.: 65.2%
Below poverty line7.8%U.S.: 12.5%
Unemployment7.2%U.S.: 5.2%

Is it cheaper to rent or buy in Alexandria?

Buying is cheaper month to month: about $226 a month less than renting.

Renting
$905
Owning
$679

Owning assumes a typical $97,800 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $9,780 for the down payment.

Frequently asked questions

What is the average rent in Alexandria, IN?

Renting in Alexandria costs a median of about $905 a month in 2026, including utilities. The Indiana median is $1,219.

How much do I need to make to live in Alexandria?

To keep rent under 30% of income, you need about $36,200 a year, or $17 an hour at a full-time job.

Is Alexandria cheap or expensive?

Alexandria is rated Cheap: rent takes 15.7% of the typical household income of $69,366. It ranks 14th cheapest of 132 Indiana cities we track.

How much are property taxes in Alexandria?

The median homeowner in Alexandria pays $1,111 a year in property taxes, about 1.14% of the median home value.

Is Alexandria more expensive than the national average?

Overall prices in Indiana are 7% below the U.S. average, according to the U.S. Bureau of Economic Analysis.

How much does a house cost in Alexandria?

The median home value in Alexandria is $97,800, about 1.4 times the typical yearly household income.

5,155 people live in Alexandria. Numbers are typical (middle) values.