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These days, finding an affordable place to live in the 46048 area can be challenging. Home prices in 46048 are now at a median cost of $119,629, lower than the Indiana average of $175,617.
The average cost of rent is $1,155/mo in 46048, primarily driven by the current value of real estate in the 46048 area. While nearly 33.63% of residents own their homes outright in 46048, 16.02% rent.
Housing affordability isn’t just about home prices, though. The average household income in 46048 is $4,707 per month. Households that rent pay about 24.53% of their income on rent here. 46048's most expensive areas are in the northeastern regions, while the cheapest areas are in the northwestern parts of the zip.
Nearby Zip Codes
- 46040, IN: higher priced homes
- 46064, IN: higher priced homes
- 46055, IN: higher priced homes
- 46154, IN: higher priced homes
- 46037, IN: higher priced homes
- 46051, IN: higher priced homes
- 46236, IN: higher priced homes
- 46186, IN: higher priced homes
- 46013, IN: less expensive homes
- 46056, IN: higher priced homes
Zip Codes with Similar Populations
- 06757, CT: higher priced homes
- 79096, TX: equally priced homes
- 44510, OH: less expensive homes
- 45871, OH: higher priced homes
- 51024, IA: higher priced homes
- 61732, IL: higher priced homes
- 62888, IL: less expensive homes
- 64648, MO: less expensive homes
- 65582, MO: higher priced homes
- 65786, MO: higher priced homes
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