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These days, finding an affordable place to live in the 46062 area can be challenging. Home prices in 46062 are now at a median cost of $411,618, higher than the Indiana average of $232,932.
The average cost of rent is $1,674/mo in 46062, primarily driven by the current value of real estate in the 46062 area. In 46062, 21.05% of households rent, and 24.38% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 46062 is $10,312 per month. Households that rent pay about 16.24% of their income on rent here. 46062’s most expensive areas are in the southeastern regions, while the cheapest areas are in the northwestern 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
- 46060, IN: less expensive homes
- 46034, IN: less expensive homes
- 46033, IN: higher priced homes
- 46074, IN: higher priced homes
- 46038, IN: less expensive homes
- 46032, IN: higher priced homes
- 46030, IN: less expensive homes
- 46280, IN: less expensive homes
- 46037, IN: higher priced homes
- 46069, IN: less expensive homes
Zip Codes with Similar Populations
- 06106, CT: less expensive homes
- 94954, CA: higher priced homes
- 71203, LA: less expensive homes
- 55369, MN: equally priced homes
- 53051, WI: equally priced homes
- 48221, MI: less expensive homes
- 46203, IN: less expensive homes
- 44240, OH: less expensive homes
- 40517, KY: less expensive homes
- 37620, TN: less expensive homes
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