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These days, finding an affordable place to live in the 46312 area can be challenging. Home prices in 46312 are now at a median cost of $111,347, lower than the Indiana average of $232,932.
The average cost of rent is $910/mo in 46312, primarily driven by the current value of real estate in the 46312 area. In 46312, 57.13% of households rent, and 57.65% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 46312 is $3,885 per month. Households that rent pay about 23.41% of their income on rent here. 46312’s most expensive areas are in the eastern regions, while the cheapest areas are in the northwestern 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
- 46327, IN: higher priced homes
- 46320, IN: higher priced homes
- 46323, IN: higher priced homes
- 46394, IN: higher priced homes
- 46324, IN: higher priced homes
- 46406, IN: less expensive homes
- 60633, IL: higher priced homes
- 60409, IL: higher priced homes
- 46404, IN: equally priced homes
- 46322, IN: higher priced homes
Zip Codes with Similar Populations
- 84302, UT: higher priced homes
- 34714, FL: higher priced homes
- 35613, AL: higher priced homes
- 38024, TN: higher priced homes
- 38122, TN: equally priced homes
- 40258, KY: higher priced homes
- 80302, CO: higher priced homes
- 83714, ID: higher priced homes
- 84040, UT: higher priced homes
- 03054, NH: higher priced homes
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