Home prices
The cost of the median home in Orestes is $56,800. Compared to nearby areas this is about $18,520 (24%) lower.It is roughly $160,700 (73%) lower compared to the rest of the country, and in comparison to the city of Fort Wayne it is about $58,300 (50%) lower.
Rents
The median monthly rent in Orestes is $743. It is approximately $69 (10%) higher compared to its surrounding areas.It is approximately $319 (30%) lower compared to the nation as a whole, and in comparison to the city of Fort Wayne it is roughly $21 (2%) lower.
Nearby places
Alexandria
Alexandria is approximately 2 miles east from Orestes. The real estate prices there are a little more expensive. Alexandria's median home price is $72,400, which comes out to $15,600 (21%) higher than Orestes. The rent there is fairly similar. In Alexandria the median rent is $780 per month, which is $37 (4%) higher than Orestes.
Frankton
Frankton is approximately 3 miles southwest from Orestes. Its real estate prices are a lot more expensive. The value of the median home in Frankton is $85,700, which works out to $28,900 (33%) higher than Orestes. Rents there are fairly similar. Frankton's median monthly rent is $729, which comes out to $14 (1%) lower than Orestes.
Elwood
Elwood is roughly 5 miles west from Orestes. The housing prices there are a little more expensive. The median home in Elwood is valued at $68,800, which works out to $12,000 (17%) higher than Orestes. Its rents are somewhat less expensive. In Elwood the median rent is $697 per month, which is $46 (6%) lower than Orestes.
Summitville
Summitville is roughly 5 miles northeast of Orestes. The real estate prices there are somewhat more expensive. The cost of the median home in Summitville is $65,400, which is $8,600 (13%) higher than Orestes. Rents there are somewhat less expensive. The median monthly rent in Summitville is $623, which comes out to $120 (19%) lower than Orestes.
Fairmount
Fairmount is approximately 10 miles north from Orestes. Housing prices there are significantly more expensive. The value of the median home in Fairmount is $84,300, which comes out to $27,500 (32%) higher than Orestes. Its rents are significantly less expensive. In Fairmount the median monthly rent is $542, which comes out to $201 (37%) lower than Orestes.
