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These days, finding an affordable place to live in the 46127 area can be challenging. Home prices in 46127 are now at a median cost of $190,161, lower than the Indiana average of $232,932.
The average cost of rent is $842/mo in 46127, primarily driven by the current value of real estate in the 46127 area. In 46127, 21.64% of households rent, and 37.09% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 46127 is $6,401 per month. Households that rent pay about 13.15% of their income on rent here. 46127’s most expensive areas are in the central regions, while the cheapest areas are in the eastern 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
- 46155, IN: equally priced homes
- 47352, IN: less expensive homes
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- 46173, IN: less expensive homes
- 47357, IN: less expensive homes
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- 47331, IN: less expensive homes
- 47327, IN: less expensive homes
Zip Codes with Similar Populations
- 69167, NE: less expensive homes
- 56722, MN: higher priced homes
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- 58642, ND: higher priced homes
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- 58650, ND: less expensive homes
- 67850, KS: less expensive homes
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