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These days, finding an affordable place to live in the 46542 area can be challenging. Home prices in 46542 are now at a median cost of $215,385, lower than the Indiana average of $232,932.
The average cost of rent is $1,043/mo in 46542, primarily driven by the current value of real estate in the 46542 area. In 46542, 19.25% of households rent, and 36.99% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 46542 is $6,728 per month. Households that rent pay about 15.50% of their income on rent here. 46542’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
- 46553, IN: higher priced homes
- 46567, IN: higher priced homes
- 46538, IN: higher priced homes
- 46550, IN: higher priced homes
- 46555, IN: equally priced homes
- 46526, IN: equally priced homes
- 46732, IN: less expensive homes
- 46573, IN: higher priced homes
- 46543, IN: higher priced homes
- 46767, IN: equally priced homes
Zip Codes with Similar Populations
- 25832, WV: equally priced homes
- 80759, CO: less expensive homes
- 80116, CO: higher priced homes
- 30471, GA: less expensive homes
- 30257, GA: higher priced homes
- 29470, SC: higher priced homes
- 29069, SC: less expensive homes
- 29042, SC: less expensive homes
- 28323, NC: equally priced homes
- 27891, NC: less expensive homes
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