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These days, finding an affordable place to live in the 46409 area can be challenging. Home prices in 46409 are now at a median cost of $77,865, lower than the Indiana average of $232,932.
The average cost of rent is $1,210/mo in 46409, primarily driven by the current value of real estate in the 46409 area. In 46409, 54.11% of households rent, and 58.51% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 46409 is $4,016 per month. Households that rent pay about 30.13% of their income on rent here. 46409’s most expensive areas are in the northeastern 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
- 46408, IN: higher priced homes
- 46407, IN: less expensive homes
- 46342, IN: higher priced homes
- 46410, IN: higher priced homes
- 46405, IN: higher priced homes
- 46404, IN: higher priced homes
- 46402, IN: higher priced homes
- 46319, IN: higher priced homes
- 46406, IN: higher priced homes
- 46403, IN: higher priced homes
Zip Codes with Similar Populations
- 02675, MA: higher priced homes
- 68528, NE: higher priced homes
- 54982, WI: higher priced homes
- 55616, MN: higher priced homes
- 56482, MN: higher priced homes
- 57064, SD: higher priced homes
- 61061, IL: higher priced homes
- 62557, IL: higher priced homes
- 63389, MO: higher priced homes
- 65010, MO: higher priced homes
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