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These days, finding an affordable place to live in the 46501 area can be challenging. Home prices in 46501 are now at a median cost of $167,327, lower than the Indiana average of $232,932.
The average cost of rent is $950/mo in 46501, primarily driven by the current value of real estate in the 46501 area. In 46501, 17.47% of households rent, and 42.85% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 46501 is $6,061 per month. Households that rent pay about 15.68% of their income on rent here. 46501’s most expensive areas are in the southwestern 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
- 46570, IN: higher priced homes
- 46504, IN: higher priced homes
- 46563, IN: higher priced homes
- 46511, IN: higher priced homes
- 46922, IN: higher priced homes
- 46524, IN: higher priced homes
- 46539, IN: less expensive homes
- 46513, IN: higher priced homes
- 46502, IN: equally priced homes
- 46960, IN: less expensive homes
Zip Codes with Similar Populations
- 27562, NC: higher priced homes
- 90058, CA: higher priced homes
- 29718, SC: less expensive homes
- 29581, SC: less expensive homes
- 29435, SC: equally priced homes
- 90704, CA: higher priced homes
- 29353, SC: less expensive homes
- 28751, NC: higher priced homes
- 28741, NC: higher priced homes
- 28605, NC: higher priced homes
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