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These days, finding an affordable place to live in the 46511 area can be challenging. Home prices in 46511 are now at a median cost of $228,024, lower than the Indiana average of $232,932.
The average cost of rent is $780/mo in 46511, primarily driven by the current value of real estate in the 46511 area. In 46511, 18.85% of households rent, and 46.58% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 46511 is $5,004 per month. Households that rent pay about 15.60% of their income on rent here. 46511’s most expensive areas are in the southeastern regions, while the cheapest areas are in the southwestern 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
- 46922, IN: less expensive homes
- 46960, IN: less expensive homes
- 46968, IN: less expensive homes
- 46501, IN: less expensive homes
- 46513, IN: higher priced homes
- 46531, IN: less expensive homes
- 46563, IN: less expensive homes
- 46534, IN: less expensive homes
- 46570, IN: equally priced homes
- 46504, IN: less expensive homes
Zip Codes with Similar Populations
- 12027, NY: higher priced homes
- 13456, NY: equally priced homes
- 02109, MA: higher priced homes
- 17372, PA: higher priced homes
- 18434, PA: less expensive homes
- 37051, TN: higher priced homes
- 32667, FL: higher priced homes
- 46797, IN: higher priced homes
- 99686, AK: higher priced homes
- 47987, IN: less expensive homes
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