The average monthly rent for an apartment in Cherry Wood Estates, Westfield, IN is around $1,644.
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The national average price of rental apartments is $1,740, while the average monthly rent in Cherry Wood Estates, Westfield, IN is $1,644.
The average monthly rent for an apartment in Cherry Wood Estates, Westfield, IN is around $1,644.
A share of 39% of apartments in Cherry Wood Estates, Westfield, IN have the cheapest rents between $1,001-$1,500. Around 49% of Cherry Wood Estates's apartments have monthly rents between $1,501-$2,000. There are 12% of apartments with rents between $2,001-$2,500.
The largest share of rentals in Cherry Wood Estates, Westfield, IN (49%) fall between $1,501-$2,000 per month. This suggests that most people succesfully find suitable apartments within this price.
The average rent in Cherry Wood Estates, Westfield, IN is $1,553.
In Cherry Wood Estates, 19% of the residents are renting compared to 82% owning a home, according to data from the U.S. Census Bureau. Large-scale apartment buildings with more than 50 units represent 4% of Cherry Wood Estates's rentals, 58% are small-scale complexes with under 50 units, and 31% are single-family rentals.
In total, Cherry Wood Estates, Westfield, IN has 383 residents, 196 women and 187 men, per U.S. Census recent estimates. Statistics show that the median age of Cherry Wood Estates’s population is 37.1.
There is a total of 139 households in Cherry Wood Estates, Westfield, IN. Of these, 53 have children and 86 are without children. Per Census Bureau’s most current estimates, 107 family households and 32 non-family households live in this area. The size of a household in Cherry Wood Estates is 2.74 people, on average. The median household annual income in Cherry Wood Estates equals $126,724, and the monthly housing costs equal $1,923.
According to data from the U.S. Census Bureau, 1% of the population in Cherry Wood Estates, Westfield, IN have no high school education, 22% went to high-school, and 15% have partially completed college. Moreover, 6% of the population hold an Associate Degree, 35% hold a Bachelor Degree, and 21% hold a Graduate Degree.