Housing & Real Estate — New Chicago, Indiana

Overview

Total Housing Units980
Occupied848
Vacant132
Owner-Occupied578
Renter-Occupied270
Median Home Value (Census)$134,100
Estimated 2026~$146,000
Median Rent$1,090/mo
Median Property Tax$1,722/yr

Affordability

Home Price to Income RatioN/Ax
Home Affordabilityaffordable
Rent as % of Income22.8%
Severely Rent-Burdened34.6%

Housing Age

Built 2010 or later83
Built 2000-200953
Built 1990-199990
Built before 1960435
Median Year Built1962
Sources: Census ACS 5-Year 2023; Census ACS 5-Year 2023, B25077; HUD FMR FY2026.