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These days, finding an affordable place to live in the 46531 area can be challenging. Home prices in 46531 are now at a median cost of $128,313, lower than the Indiana average of $175,617.
The average cost of rent is $887/mo in 46531, primarily driven by the current value of real estate in the 46531 area. While nearly 47.40% of residents own their homes outright in 46531, 6.98% rent.
Housing affordability isn’t just about home prices, though. The average household income in 46531 is $4,878 per month. Households that rent pay about 18.18% of their income on rent here. 46531's most expensive areas are in the southwestern regions, while the cheapest areas are in the northwestern parts of the zip.
Nearby Zip Codes
- 46513, IN: higher priced homes
- 46532, IN: less expensive homes
- 46572, IN: equally priced homes
- 46534, IN: equally priced homes
- 46574, IN: equally priced homes
- 46563, IN: higher priced homes
- 46511, IN: higher priced homes
- 46537, IN: equally priced homes
- 46346, IN: less expensive homes
- 46340, IN: equally priced homes
Zip Codes with Similar Populations
- 54762, WI: higher priced homes
- 64748, MO: less expensive homes
- 62272, IL: less expensive homes
- 61776, IL: higher priced homes
- 61330, IL: equally priced homes
- 60966, IL: less expensive homes
- 60512, IL: higher priced homes
- 57276, SD: higher priced homes
- 57002, SD: higher priced homes
- 55748, MN: higher priced homes
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