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These days, finding an affordable place to live in the 46227 area can be challenging. Home prices in 46227 are now at a median cost of $146,306, lower than the Indiana average of $175,617.
The average cost of rent is $949/mo in 46227, primarily driven by the current value of real estate in the 46227 area. While nearly 31.74% of residents own their homes outright in 46227, 53.03% rent.
Housing affordability isn’t just about home prices, though. The average household income in 46227 is $4,142 per month. Households that rent pay about 22.91% of their income on rent here. 46227's most expensive areas are in the southeastern regions, while the cheapest areas are in the northern parts of the zip.
Nearby Zip Codes
- 46217, IN: higher priced homes
- 46237, IN: higher priced homes
- 46107, IN: less expensive homes
- 46142, IN: higher priced homes
- 46203, IN: less expensive homes
- 46225, IN: less expensive homes
- 46143, IN: higher priced homes
- 46221, IN: less expensive homes
- 46259, IN: higher priced homes
- 46204, IN: higher priced homes
Zip Codes with Similar Populations
- 60628, IL: less expensive homes
- 37027, TN: higher priced homes
- 37064, TN: higher priced homes
- 37122, TN: higher priced homes
- 00956, PR: less expensive homes
- 40475, KY: higher priced homes
- 43055, OH: equally priced homes
- 43130, OH: higher priced homes
- 44035, OH: less expensive homes
- 46143, IN: higher priced homes
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