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These days, finding an affordable place to live in the 46561 area can be challenging. Home prices in 46561 are now at a median cost of $159,113, lower than the Indiana average of $175,617.
The average cost of rent is $971/mo in 46561, primarily driven by the current value of real estate in the 46561 area. While nearly 32.90% of residents own their homes outright in 46561, 14.71% rent.
Housing affordability isn’t just about home prices, though. The average household income in 46561 is $6,290 per month. Households that rent pay about 15.44% of their income on rent here. 46561's most expensive areas are in the southern regions, while the cheapest areas are in the central parts of the zip.
Nearby Zip Codes
- 46544, IN: less expensive homes
- 46545, IN: equally priced homes
- 46530, IN: higher priced homes
- 46517, IN: less expensive homes
- 46514, IN: equally priced homes
- 46516, IN: less expensive homes
- 46615, IN: less expensive homes
- 46635, IN: equally priced homes
- 49112, MI: higher priced homes
- 46617, IN: equally priced homes
Zip Codes with Similar Populations
- 81520, CO: higher priced homes
- 34479, FL: equally priced homes
- 34947, FL: equally priced homes
- 35043, AL: higher priced homes
- 38012, TN: less expensive homes
- 38635, MS: less expensive homes
- 39183, MS: less expensive homes
- 46259, IN: higher priced homes
- 64080, MO: higher priced homes
- 71601, AR: less expensive homes
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