The median home in Lowell, Indiana is valued at $320,829, up 2.7% year over year. Typical monthly rent is $1,538, producing a price-to-rent ratio of 17.4x — near the national average of 18x. Lowell is part of the Chicago-Naperville-Elgin, IL-IN-WI metropolitan area, which CrashWatch tracks daily with real-time stress scores and crash risk analysis.

See the full metro analysis: Chicago-Naperville-Elgin, IL-IN-WI stress score, crash risk, and 12-month forecast →

Home Value$320,829

+2.7%

Rent$1,538/mo

AFFORDABILITY

Enter your income for Lowell.

Income (annual)

Down Payment

$64,166 on $320,829

Stretch — 31.7% of income

Above 28% but manageable with cuts.

PITI$1,983

P/I31.7%

Afford$283K

Gap-$38K

P&I $1,622Tax $227Ins $133

Renting $445/mo cheaper ($1,538 rent)6.50% 30yr, 20% down, county tax + IN ins. 28% per HUD.

Home Buying Kit For Dummies (2025)Financing, negotiation, closing

Other cities in Indiana

Compare Lowell with other housing markets across Indiana.

Dune Acres$889K Clear Lake$747K Long Beach$720K Zionsville$661K Carmel$548K Michiana Shores$540K Ogden Dunes$467K Westfield$460K

Full Chicago-Naperville-Elgin, IL-IN-WI analysis

Stress scores, crash risk, early warning signals, and 12-month price forecasts for the Chicago-Naperville-Elgin, IL-IN-WI metro.

View Chicago-Naperville-Elgin, IL-IN-WI metro →

LOWELL, IN