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These days, finding an affordable place to live in the 46231 area can be challenging. Home prices in 46231 are now at a median cost of $160,617, lower than the Indiana average of $175,617.
The average cost of rent is $1,569/mo in 46231, primarily driven by the current value of real estate in the 46231 area. While nearly 29.23% of residents own their homes outright in 46231, 19.78% rent.
Housing affordability isn’t just about home prices, though. The average household income in 46231 is $5,716 per month. Households that rent pay about 27.45% of their income on rent here. 46231's most expensive areas are in the northeastern regions, while the cheapest areas are in the southern parts of the zip.
Nearby Zip Codes
- 46241, IN: less expensive homes
- 46123, IN: higher priced homes
- 46214, IN: less expensive homes
- 46234, IN: higher priced homes
- 46168, IN: higher priced homes
- 46224, IN: less expensive homes
- 46221, IN: less expensive homes
- 46222, IN: less expensive homes
- 46183, IN: equally priced homes
- 46113, IN: higher priced homes
Zip Codes with Similar Populations
- 76084, TX: higher priced homes
- 34996, FL: higher priced homes
- 35768, AL: less expensive homes
- 36544, AL: less expensive homes
- 38004, TN: higher priced homes
- 00731, PR: less expensive homes
- 39817, GA: less expensive homes
- 45875, OH: equally priced homes
- 48017, MI: higher priced homes
- 48809, MI: equally priced homes
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