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These days, finding an affordable place to live in the 46320 area can be challenging. Home prices in 46320 are now at a median cost of $159,237, lower than the Indiana average of $232,932.
The average cost of rent is $1,023/mo in 46320, primarily driven by the current value of real estate in the 46320 area. In 46320, 59.34% of households rent, and 49.17% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 46320 is $3,487 per month. Households that rent pay about 29.35% of their income on rent here. 46320’s most expensive areas are in the northwestern 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
- 46327, IN: equally priced homes
- 46324, IN: equally priced homes
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- 46312, IN: less expensive homes
- 46323, IN: equally priced homes
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- 46321, IN: higher priced homes
- 60473, IL: higher priced homes
- 60419, IL: equally priced homes
Zip Codes with Similar Populations
- 85007, AZ: higher priced homes
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- 11598, NY: higher priced homes
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- 60457, IL: higher priced homes
- 60173, IL: higher priced homes
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