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These days, finding an affordable place to live in the 46118 area can be challenging. Home prices in 46118 are now at a median cost of $207,698, higher than the Indiana average of $175,617.
The average cost of rent is $848/mo in 46118, primarily driven by the current value of real estate in the 46118 area. While nearly 31.54% of residents own their homes outright in 46118, 18.17% rent.
Housing affordability isn’t just about home prices, though. The average household income in 46118 is $6,686 per month. Households that rent pay about 12.68% of their income on rent here. 46118's most expensive areas are in the eastern regions, while the cheapest areas are in the southern parts of the zip.
Nearby Zip Codes
- 46103, IN: less expensive homes
- 46168, IN: equally priced homes
- 46180, IN: less expensive homes
- 46122, IN: equally priced homes
- 46157, IN: less expensive homes
- 46158, IN: equally priced homes
- 46123, IN: higher priced homes
- 46121, IN: less expensive homes
- 46113, IN: equally priced homes
- 46231, IN: less expensive homes
Zip Codes with Similar Populations
- 07627, NJ: higher priced homes
- 27235, NC: higher priced homes
- 45338, OH: less expensive homes
- 42629, KY: less expensive homes
- 39150, MS: less expensive homes
- 38456, TN: less expensive homes
- 37869, TN: less expensive homes
- 02825, RI: higher priced homes
- 35175, AL: less expensive homes
- 29128, SC: less expensive homes
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