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These days, finding an affordable place to live in the 46347 area can be challenging. Home prices in 46347 are now at a median cost of $267,722, higher than the Indiana average of $232,932.
The average cost of rent is $765/mo in 46347, primarily driven by the current value of real estate in the 46347 area. In 46347, 9.25% of households rent, and 35.82% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 46347 is $7,352 per month. Households that rent pay about 10.40% of their income on rent here. 46347’s most expensive areas are in the northeastern regions, while the cheapest areas are in the central 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
- 46302, IN: higher priced homes
- 46348, IN: less expensive homes
- 46341, IN: higher priced homes
- 46374, IN: less expensive homes
- 46390, IN: equally priced homes
- 46383, IN: equally priced homes
- 46385, IN: higher priced homes
- 46340, IN: less expensive homes
- 46366, IN: less expensive homes
- 46382, IN: less expensive homes
Zip Codes with Similar Populations
- 94005, CA: higher priced homes
- 95912, CA: higher priced homes
- 33785, FL: higher priced homes
- 95655, CA: higher priced homes
- 34269, FL: less expensive homes
- 35072, AL: less expensive homes
- 35234, AL: less expensive homes
- 95619, CA: higher priced homes
- 35550, AL: less expensive homes
- 96088, CA: higher priced homes
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