salaryRent is higher than in 61% of U.S. cities. A typical house costs under 3 years of household income, which is easy by U.S. standards. Commutes are long, about 31.9 minutes each way. Most homes (84.7%) are owned, so rentals can be hard to find. It is a highly educated city: 57.8% of adults have a college degree.
How much money do I need?
To rent here comfortably, you should earn about $74,200 a year. That is $36 an hour at a full-time job.
Is rent cheaper than other Indiana cities?
No. Rent here is more expensive than in most of Indiana. It is number 121 of 132 cities from cheapest to most expensive.
How much do households earn in McCordsville?
Share of households by yearly income. 41.2% of households earn $100,000 or more.
Rent by apartment size in McCordsville
| Size | McCordsville | U.S. average |
|---|---|---|
| 1 bedroom | $1,289 | $1,324 |
| 2 bedrooms | $1,063 | $1,509 |
| 3 bedrooms | $1,959 | $1,698 |
Median monthly rent plus utilities for all renters, by number of bedrooms.
How expensive is McCordsville overall?
Everyday prices in Indiana overall are 7% below the U.S. average (index 93.3, U.S. = 100).
Source: U.S. Bureau of Economic Analysis, Regional Price Parities 2024. City-level data is not published for McCordsville, so the Indiana figure is shown.
Taxes and bills in McCordsville
Life in McCordsville
Is it cheaper to rent or buy in McCordsville?
Renting is cheaper right now: about $542 a month less.
Owning assumes a typical $345,400 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $34,540 for the down payment.
Frequently asked questions
What is the average rent in McCordsville, IN?
Renting in McCordsville costs a median of about $1,855 a month in 2026, including utilities. The Indiana median is $1,219.
How much do I need to make to live in McCordsville?
To keep rent under 30% of income, you need about $74,200 a year, or $36 an hour at a full-time job.
Is McCordsville cheap or expensive?
McCordsville is rated Cheap: rent takes 18.6% of the typical household income of $119,381. It ranks 121st cheapest of 132 Indiana cities we track.
How much are property taxes in McCordsville?
The median homeowner in McCordsville pays $2,548 a year in property taxes, about 0.74% of the median home value.
Is McCordsville 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 McCordsville?
The median home value in McCordsville is $345,400, about 2.9 times the typical yearly household income.
10,329 people live in McCordsville. Numbers are typical (middle) values.