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Cree Lake, IN

Full City Profile · Indiana · Noble County County

2.6 /5.0
C+ Fair
241 Population 377/sq mi density
$232,700 Home Value $214,737 Zillow
49°F Avg Temperature 275 sunny days/yr
273 Violent Crime/100K 2,736 property/100K
C+
Overall
2.6 / 5.0
Fair overall score based on economy, affordability, safety and education
F
Safety
1.0 / 5.0
273 violent crimes/100K
A
Education
4.1 / 5.0
0.0% bachelor's degree or higher

Housing Overview

Median Home Value
$232,700
17% below
US avg: $281,900
Homeownership Rate
76.5%
17% above US avg (65.4%)
Total Housing Units
128
Median year built: 1975

Home Value by Source

Census Median
$232,700
Zillow (ZHVI)
$214,737
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

76.5%
Owner-Occupied
23.5%
Renter-Occupied
77%
24%
US avg: 65.4% owner-occupied

Fair Market Rents (HUD FY2026)

Studio
$816/mo
1 Bedroom
$882/mo
2 Bedroom
$1,096/mo
3 Bedroom
$1,391/mo
4 Bedroom
$1,590/mo

Affordability & Housing Stock

Rent Burden
20.3%
of renters spending 30%+ of income on housing
35% below US avg (31.0%)
Median Year Built
1975
Average age of housing stock: 51 years
Homeownership Rate
76.5%

Complete Housing Data

Home Values

Census Median Value$232,700
Zillow Home Value (ZHVI)$214,737

Rent

FMR Studio$816
FMR 1-Bedroom$882
FMR 2-Bedroom$1,096
FMR 3-Bedroom$1,391
FMR 4-Bedroom$1,590

Market

Ownership & Stock

Owner-Occupied76.5%
Renter-Occupied23.5%
Homeownership Rate76.5%
Total Housing Units128
Median Year Built1975
Rent Burden20.3%