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These days, finding an affordable place to live in the 46407 area can be challenging. Home prices in 46407 are now at a median cost of $65,512, lower than the Indiana average of $175,617.
The average cost of rent is $727/mo in 46407, primarily driven by the current value of real estate in the 46407 area. While nearly 57.93% of residents own their homes outright in 46407, 61.64% rent.
Housing affordability isn’t just about home prices, though. The average household income in 46407 is $2,172 per month. Households that rent pay about 33.48% of their income on rent here. 46407's most expensive areas are in the southern regions, while the cheapest areas are in the northern parts of the zip.
Nearby Zip Codes
- 46402, IN: equally priced homes
- 46404, IN: equally priced homes
- 46409, IN: equally priced homes
- 46408, IN: higher priced homes
- 46406, IN: equally priced homes
- 46405, IN: higher priced homes
- 46403, IN: higher priced homes
- 46342, IN: higher priced homes
- 46319, IN: higher priced homes
- 46323, IN: higher priced homes
Zip Codes with Similar Populations
- 64078, MO: higher priced homes
- 75706, TX: higher priced homes
- 74525, OK: higher priced homes
- 72916, AR: higher priced homes
- 71852, AR: higher priced homes
- 71483, LA: higher priced homes
- 70548, LA: higher priced homes
- 70346, LA: higher priced homes
- 68102, NE: higher priced homes
- 64108, MO: higher priced homes
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