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These days, finding an affordable place to live in the 46506 area can be challenging. Home prices in 46506 are now at a median cost of $200,864, higher than the Indiana average of $175,617.
The average cost of rent is $927/mo in 46506, primarily driven by the current value of real estate in the 46506 area. While nearly 37.73% of residents own their homes outright in 46506, 27.55% rent.
Housing affordability isn’t just about home prices, though. The average household income in 46506 is $5,898 per month. Households that rent pay about 15.71% of their income on rent here. 46506's most expensive areas are in the northwestern regions, while the cheapest areas are in the western parts of the zip.
Nearby Zip Codes
- 46595, IN: less expensive homes
- 46537, IN: less expensive homes
- 46536, IN: equally priced homes
- 46550, IN: equally priced homes
- 46573, IN: less expensive homes
- 46563, IN: less expensive homes
- 46572, IN: less expensive homes
- 46554, IN: less expensive homes
- 46513, IN: equally priced homes
- 46542, IN: less expensive homes
Zip Codes with Similar Populations
- 52748, IA: higher priced homes
- 75551, TX: less expensive homes
- 72740, AR: less expensive homes
- 71832, AR: less expensive homes
- 70669, LA: less expensive homes
- 64504, MO: less expensive homes
- 55352, MN: higher priced homes
- 55328, MN: higher priced homes
- 53037, WI: higher priced homes
- 52802, IA: less expensive homes
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