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These days, finding an affordable place to live in the 46120 area can be challenging. Home prices in 46120 are now at a median cost of $187,563, lower than the Indiana average of $232,932.
The average cost of rent is $791/mo in 46120, primarily driven by the current value of real estate in the 46120 area. In 46120, 20.83% of households rent, and 39.37% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 46120 is $5,515 per month. Households that rent pay about 14.34% of their income on rent here. 46120’s most expensive areas are in the northern 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
- 46170, IN: higher priced homes
- 47456, IN: less expensive homes
- 47868, IN: equally priced homes
- 46125, IN: less expensive homes
- 46171, IN: higher priced homes
- 46135, IN: higher priced homes
- 46128, IN: higher priced homes
- 46180, IN: higher priced homes
- 46166, IN: less expensive homes
- 47853, IN: less expensive homes
Zip Codes with Similar Populations
- 62233, IL: less expensive homes
- 49247, MI: less expensive homes
- 49269, MI: higher priced homes
- 49270, MI: higher priced homes
- 49343, MI: higher priced homes
- 49696, MI: higher priced homes
- 50436, IA: less expensive homes
- 56334, MN: higher priced homes
- 56362, MN: higher priced homes
- 59833, MT: higher priced homes
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