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These days, finding an affordable place to live in the 46562 area can be challenging. Home prices in 46562 are now at a median cost of $135,794, lower than the Indiana average of $175,617.
The average cost of rent is $868/mo in 46562, primarily driven by the current value of real estate in the 46562 area. While nearly 43.66% of residents own their homes outright in 46562, 15.38% rent.
Housing affordability isn’t just about home prices, though. The average household income in 46562 is $5,244 per month. Households that rent pay about 16.55% of their income on rent here. 46562's most expensive areas are in the southwestern regions, while the cheapest areas are in the northwestern parts of the zip.
Nearby Zip Codes
- 46764, IN: higher priced homes
- 46590, IN: higher priced homes
- 46582, IN: higher priced homes
- 46555, IN: higher priced homes
- 46580, IN: higher priced homes
- 46538, IN: higher priced homes
- 46510, IN: higher priced homes
- 46760, IN: higher priced homes
- 46725, IN: higher priced homes
- 46732, IN: equally priced homes
Zip Codes with Similar Populations
- 29692, SC: less expensive homes
- 72042, AR: less expensive homes
- 72011, AR: equally priced homes
- 71742, AR: less expensive homes
- 37705, TN: higher priced homes
- 37692, TN: higher priced homes
- 37616, TN: higher priced homes
- 36477, AL: less expensive homes
- 35971, AL: less expensive homes
- 30808, GA: less expensive homes
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