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These days, finding an affordable place to live in the 46402 area can be challenging. Home prices in 46402 are now at a median cost of $90,073, lower than the Indiana average of $232,932.
The average cost of rent is $1,049/mo in 46402, primarily driven by the current value of real estate in the 46402 area. In 46402, 56.74% of households rent, and 73.75% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 46402 is $2,783 per month. Households that rent pay about 37.71% of their income on rent here. 46402’s most expensive areas are in the eastern regions, while the cheapest areas are in the southeastern 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
- 46407, IN: less expensive homes
- 46404, IN: higher priced homes
- 46406, IN: equally priced homes
- 46409, IN: less expensive homes
- 46408, IN: higher priced homes
- 46403, IN: higher priced homes
- 46405, IN: higher priced homes
- 46323, IN: higher priced homes
- 46342, IN: higher priced homes
- 46319, IN: higher priced homes
Zip Codes with Similar Populations
- 36268, AL: higher priced homes
- 70712, LA: higher priced homes
- 65648, MO: higher priced homes
- 65548, MO: higher priced homes
- 50461, IA: higher priced homes
- 41074, KY: higher priced homes
- 39744, MS: higher priced homes
- 39479, MS: higher priced homes
- 38023, TN: higher priced homes
- 00901, PR: higher priced homes
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