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These days, finding an affordable place to live in the 46224 area can be challenging. Home prices in 46224 are now at a median cost of $175,817, lower than the Indiana average of $232,932.
The average cost of rent is $1,171/mo in 46224, primarily driven by the current value of real estate in the 46224 area. In 46224, 63.99% of households rent, and 40.85% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 46224 is $4,698 per month. Households that rent pay about 24.92% of their income on rent here. 46224’s most expensive areas are in the central regions, while the cheapest areas are in the northeastern 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
- 46214, IN: higher priced homes
- 46222, IN: less expensive homes
- 46254, IN: equally priced homes
- 46234, IN: higher priced homes
- 46241, IN: less expensive homes
- 46228, IN: higher priced homes
- 46208, IN: higher priced homes
- 46231, IN: higher priced homes
- 46202, IN: higher priced homes
- 46204, IN: higher priced homes
Zip Codes with Similar Populations
- 93245, CA: higher priced homes
- 27530, NC: equally priced homes
- 75220, TX: higher priced homes
- 27217, NC: equally priced homes
- 27127, NC: higher priced homes
- 77642, TX: less expensive homes
- 78415, TX: equally priced homes
- 78552, TX: less expensive homes
- 78589, TX: less expensive homes
- 98032, WA: higher priced homes
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