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These days, finding an affordable place to live in the 46031 area can be challenging. Home prices in 46031 are now at a median cost of $160,358, lower than the Indiana average of $175,617.
The average cost of rent is $909/mo in 46031, primarily driven by the current value of real estate in the 46031 area. While nearly 33.29% of residents own their homes outright in 46031, 16.74% rent.
Housing affordability isn’t just about home prices, though. The average household income in 46031 is $6,657 per month. Households that rent pay about 13.65% of their income on rent here. 46031's most expensive areas are in the southwestern regions, while the cheapest areas are in the northwestern parts of the zip.
Nearby Zip Codes
- 46030, IN: equally priced homes
- 46072, IN: less expensive homes
- 46034, IN: higher priced homes
- 46045, IN: equally priced homes
- 46036, IN: less expensive homes
- 46076, IN: less expensive homes
- 46069, IN: higher priced homes
- 46049, IN: less expensive homes
- 46068, IN: less expensive homes
- 46044, IN: less expensive homes
Zip Codes with Similar Populations
- 06782, CT: higher priced homes
- 64490, MO: equally priced homes
- 66075, KS: less expensive homes
- 52076, IA: less expensive homes
- 40873, KY: less expensive homes
- 37350, TN: higher priced homes
- 32358, FL: higher priced homes
- 32044, FL: less expensive homes
- 31303, GA: higher priced homes
- 30456, GA: less expensive homes
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