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These days, finding an affordable place to live in the 46117 area can be challenging. Home prices in 46117 are now at a median cost of $176,228, lower than the Indiana average of $232,932.
The average cost of rent is $1,190/mo in 46117, primarily driven by the current value of real estate in the 46117 area. In 46117, 3.90% of households rent, and 44.82% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 46117 is $7,568 per month. Households that rent pay about 15.72% of their income on rent here. 46117’s most expensive areas are in the eastern regions, while the cheapest areas are in the southeastern 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
- 46115, IN: higher priced homes
- 46148, IN: higher priced homes
- 46186, IN: higher priced homes
- 47384, IN: equally priced homes
- 47351, IN: less expensive homes
- 46154, IN: higher priced homes
- 47385, IN: equally priced homes
- 47337, IN: higher priced homes
- 47344, IN: less expensive homes
- 46140, IN: higher priced homes
Zip Codes with Similar Populations
- 84760, UT: higher priced homes
- 23844, VA: higher priced homes
- 25085, WV: less expensive homes
- 25108, WV: higher priced homes
- 25140, WV: less expensive homes
- 26716, WV: equally priced homes
- 27847, NC: less expensive homes
- 28611, NC: less expensive homes
- 29424, SC: higher priced homes
- 29434, SC: higher priced homes
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