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These days, finding an affordable place to live in the 46342 area can be challenging. Home prices in 46342 are now at a median cost of $205,614, lower than the Indiana average of $232,932.
The average cost of rent is $1,156/mo in 46342, primarily driven by the current value of real estate in the 46342 area. In 46342, 26.76% of households rent, and 37.63% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 46342 is $6,517 per month. Households that rent pay about 17.74% of their income on rent here. 46342’s most expensive areas are in the southwestern 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
- 46405, IN: less expensive homes
- 46409, IN: less expensive homes
- 46393, IN: higher priced homes
- 46368, IN: higher priced homes
- 46407, IN: less expensive homes
- 46403, IN: less expensive homes
- 46408, IN: less expensive homes
- 46410, IN: equally priced homes
- 46402, IN: less expensive homes
- 46404, IN: less expensive homes
Zip Codes with Similar Populations
- 29576, SC: higher priced homes
- 25801, WV: less expensive homes
- 43082, OH: higher priced homes
- 75241, TX: equally priced homes
- 75041, TX: higher priced homes
- 76140, TX: higher priced homes
- 77356, TX: higher priced homes
- 84414, UT: higher priced homes
- 89130, NV: higher priced homes
- 60005, IL: higher priced homes
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