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These days, finding an affordable place to live in the 46123 area can be challenging. Home prices in 46123 are now at a median cost of $324,549, higher than the Indiana average of $232,932.
The average cost of rent is $1,462/mo in 46123, primarily driven by the current value of real estate in the 46123 area. In 46123, 18.69% of households rent, and 23.59% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 46123 is $9,370 per month. Households that rent pay about 15.60% of their income on rent here. 46123’s most expensive areas are in the southwestern 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
- 46231, IN: less expensive homes
- 46234, IN: less expensive homes
- 46168, IN: less expensive homes
- 46112, IN: equally priced homes
- 46214, IN: less expensive homes
- 46122, IN: equally priced homes
- 46224, IN: less expensive homes
- 46241, IN: less expensive homes
- 46167, IN: equally priced homes
- 46254, IN: less expensive homes
Zip Codes with Similar Populations
- 77024, TX: higher priced homes
- 60543, IL: equally priced homes
- 95691, CA: higher priced homes
- 33071, FL: higher priced homes
- 84037, UT: higher priced homes
- 90036, CA: higher priced homes
- 90605, CA: higher priced homes
- 40291, KY: less expensive homes
- 94590, CA: higher priced homes
- 30060, GA: equally priced homes
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