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Affordable
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These days, finding an affordable place to live in the 46234 area can be challenging. Home prices in 46234 are now at a median cost of $251,939, higher than the Indiana average of $232,932.
The average cost of rent is $1,520/mo in 46234, primarily driven by the current value of real estate in the 46234 area. In 46234, 24.16% of households rent, and 33.92% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 46234 is $7,437 per month. Households that rent pay about 20.43% of their income on rent here. 46234’s most expensive areas are in the northeastern regions, while the cheapest areas are in the southeastern 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: less expensive homes
- 46224, IN: less expensive homes
- 46231, IN: equally priced homes
- 46112, IN: higher priced homes
- 46123, IN: higher priced homes
- 46254, IN: less expensive homes
- 46241, IN: less expensive homes
- 46222, IN: less expensive homes
- 46278, IN: higher priced homes
- 46228, IN: higher priced homes
Zip Codes with Similar Populations
- 02186, MA: higher priced homes
- 02906, RI: higher priced homes
- 19958, DE: higher priced homes
- 20169, VA: higher priced homes
- 22150, VA: higher priced homes
- 85718, AZ: higher priced homes
- 90039, CA: higher priced homes
- 82901, WY: equally priced homes
- 79606, TX: equally priced homes
- 78731, TX: higher priced homes
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