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These days, finding an affordable place to live in the 46012 area can be challenging. Home prices in 46012 are now at a median cost of $149,239, lower than the Indiana average of $232,932.
The average cost of rent is $1,162/mo in 46012, primarily driven by the current value of real estate in the 46012 area. In 46012, 32.48% of households rent, and 41.73% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 46012 is $4,906 per month. Households that rent pay about 23.69% of their income on rent here. 46012’s most expensive areas are in the northeastern regions, while the cheapest areas are in the southwestern parts of the zip.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Zip Codes
- 46016, IN: less expensive homes
- 46017, IN: equally priced homes
- 46011, IN: higher priced homes
- 46013, IN: equally priced homes
- 47334, IN: higher priced homes
- 46001, IN: equally priced homes
- 47356, IN: higher priced homes
- 47396, IN: higher priced homes
- 46044, IN: equally priced homes
- 46063, IN: less expensive homes
Zip Codes with Similar Populations
- 06001, CT: higher priced homes
- 70438, LA: higher priced homes
- 77037, TX: equally priced homes
- 85748, AZ: higher priced homes
- 35661, AL: higher priced homes
- 33760, FL: higher priced homes
- 32804, FL: higher priced homes
- 29582, SC: higher priced homes
- 29206, SC: higher priced homes
- 29053, SC: less expensive homes
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