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These days, finding an affordable place to live in the 46040 area can be challenging. Home prices in 46040 are now at a median cost of $327,565, higher than the Indiana average of $175,617.
The average cost of rent is $1,466/mo in 46040, primarily driven by the current value of real estate in the 46040 area. While nearly 22.89% of residents own their homes outright in 46040, 12.26% rent.
Housing affordability isn’t just about home prices, though. The average household income in 46040 is $11,297 per month. Households that rent pay about 12.97% of their income on rent here. 46040's most expensive areas are in the northwestern regions, while the cheapest areas are in the northeastern parts of the zip.
Nearby Zip Codes
- 46048, IN: less expensive homes
- 46055, IN: less expensive homes
- 46037, IN: equally priced homes
- 46064, IN: less expensive homes
- 46236, IN: equally priced homes
- 46154, IN: less expensive homes
- 46038, IN: less expensive homes
- 46256, IN: less expensive homes
- 46051, IN: less expensive homes
- 46060, IN: less expensive homes
Zip Codes with Similar Populations
- 01850, MA: less expensive homes
- 20794, MD: equally priced homes
- 20015, DC: higher priced homes
- 19512, PA: less expensive homes
- 17070, PA: less expensive homes
- 16701, PA: less expensive homes
- 16148, PA: less expensive homes
- 12589, NY: less expensive homes
- 10549, NY: higher priced homes
- 07020, NJ: higher priced homes
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