The Most Affordable Neighborhoods in 46786, IN by Home Value

 

46786, IN Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the 46786 area can be challenging. Home prices in 46786 are now at a median cost of $191,000, lower than the Indiana average of $232,932.

The average cost of rent is $1,079/mo in 46786, primarily driven by the current value of real estate in the 46786 area. In 46786, 2.79% of households rent, and 53.01% of homeowners own their homes outright.

Housing affordability isn’t just about home prices, though. The average household income in 46786 is $9,822 per month. Households that rent pay about 10.99% of their income on rent here. 46786’s most expensive areas are in the central 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.


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