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These days, finding an affordable place to live in the 46162 area can be challenging. Home prices in 46162 are now at a median cost of $296,981, higher than the Indiana average of $232,932.
The average cost of rent is $1,856/mo in 46162, primarily driven by the current value of real estate in the 46162 area. In 46162, 16.23% of households rent, and 39.52% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 46162 is $7,658 per month. Households that rent pay about 24.24% of their income on rent here. 46162’s most expensive areas are in the northern 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
- 46110, IN: less expensive homes
- 46126, IN: less expensive homes
- 46131, IN: less expensive homes
- 46184, IN: less expensive homes
- 46259, IN: higher priced homes
- 46143, IN: equally priced homes
- 46176, IN: less expensive homes
- 46237, IN: equally priced homes
- 46130, IN: equally priced homes
- 46142, IN: equally priced homes
Zip Codes with Similar Populations
- 68016, NE: higher priced homes
- 55702, MN: less expensive homes
- 01367, MA: less expensive homes
- 55982, MN: equally priced homes
- 57255, SD: less expensive homes
- 62689, IL: less expensive homes
- 64769, MO: less expensive homes
- 66416, KS: less expensive homes
- 66417, KS: less expensive homes
- 66767, KS: less expensive homes
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