The Most Affordable Neighborhoods in 46348, IN by Home Value

 

46348, IN Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the 46348 area can be challenging. Home prices in 46348 are now at a median cost of $136,307, lower than the Indiana average of $175,617.

The average cost of rent is $937/mo in 46348, primarily driven by the current value of real estate in the 46348 area. While nearly 31.37% of residents own their homes outright in 46348, 10.80% rent.

Housing affordability isn’t just about home prices, though. The average household income in 46348 is $4,339 per month. Households that rent pay about 21.59% of their income on rent here. 46348's most expensive areas are in the central regions, while the cheapest areas are in the eastern parts of the zip.


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