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These days, finding an affordable place to live in the 46050 area can be challenging. Home prices in 46050 are now at a median cost of $184,952, lower than the Indiana average of $232,932.
The average cost of rent is $969/mo in 46050, primarily driven by the current value of real estate in the 46050 area. In 46050, 16.11% of households rent, and 36.99% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 46050 is $6,833 per month. Households that rent pay about 14.18% of their income on rent here. 46050’s most expensive areas are in the southwestern regions, while the cheapest areas are in the central 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
- 46069, IN: higher priced homes
- 46041, IN: less expensive homes
- 46049, IN: equally priced homes
- 46052, IN: higher priced homes
- 46045, IN: higher priced homes
- 46071, IN: higher priced homes
- 46074, IN: higher priced homes
- 46035, IN: equally priced homes
- 46072, IN: higher priced homes
- 46031, IN: higher priced homes
Zip Codes with Similar Populations
- 45768, OH: equally priced homes
- 71439, LA: less expensive homes
- 71357, LA: less expensive homes
- 71226, LA: less expensive homes
- 51652, IA: less expensive homes
- 49769, MI: equally priced homes
- 47514, IN: higher priced homes
- 47030, IN: higher priced homes
- 46926, IN: less expensive homes
- 72386, AR: less expensive homes
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