Get & compare mortgage quotes anonymously Start in My Home

Safe Rate Local

Morocco

Learn about the people, housing, costs and businesses in Morocco, Indiana

Median Home$196,500
Median Rent$848/month
Population998
Leading IndustriesRetail · Wholesale Trade · Construction24% retail
Home Value Growth+1.6% over 2 years
Young Adults22% of residents
Homeowners88% of occupied units
NotableVeteran Community12% of residents · top 6% nationally
Morocco
IN

Frequently Asked Questions

What are today's mortgage rates in Morocco?

As of today, the 30-year fixed mortgage rate for Morocco is approximately 6.971% (7.013% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.

View current rates for Morocco
What is the median home price in Morocco?

The median home value in Morocco is $197k. The median monthly rent is $848. Annual property taxes average $1k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Morocco?

Home values in Morocco have increased 1.6% over the past two years. The market has been relatively stable. This data is sourced from the Federal Housing Finance Agency (FHFA) House Price Index.

How much income do you need to buy a home in Morocco?

Based on a typical all-in ownership cost of $913/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $39k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Morocco is $77k/year.

Calculate your buying power
What industries drive the economy in Morocco?

The largest employment sectors in Morocco are retail (24%) and public administration (19%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.