The Most Affordable Neighborhoods in 46012, IN by Home Value

 

46012, IN Map of Most Affordable Neighborhoods
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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 $109,697, lower than the Indiana average of $175,617.

The average cost of rent is $961/mo in 46012, primarily driven by the current value of real estate in the 46012 area. While nearly 39.43% of residents own their homes outright in 46012, 34.00% rent.

Housing affordability isn’t just about home prices, though. The average household income in 46012 is $4,421 per month. Households that rent pay about 21.75% of their income on rent here. 46012's most expensive areas are in the northeastern regions, while the cheapest areas are in the western parts of the zip.


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