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These days, finding an affordable place to live in the 46787 area can be challenging. Home prices in 46787 are now at a median cost of $189,620, lower than the Indiana average of $232,932.
The average cost of rent is $801/mo in 46787, primarily driven by the current value of real estate in the 46787 area. In 46787, 16.81% of households rent, and 37.08% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 46787 is $6,024 per month. Households that rent pay about 13.29% of their income on rent here. 46787’s most expensive areas are in the northeastern 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
- 46946, IN: higher priced homes
- 46962, IN: less expensive homes
- 46725, IN: higher priced homes
- 46980, IN: equally priced homes
- 46943, IN: higher priced homes
- 46510, IN: equally priced homes
- 46982, IN: higher priced homes
- 46783, IN: higher priced homes
- 46814, IN: higher priced homes
- 46704, IN: higher priced homes
Zip Codes with Similar Populations
- 23696, VA: higher priced homes
- 04049, ME: higher priced homes
- 92179, CA: higher priced homes
- 80758, CO: higher priced homes
- 76457, TX: higher priced homes
- 76233, TX: higher priced homes
- 72020, AR: less expensive homes
- 63660, MO: less expensive homes
- 45723, OH: less expensive homes
- 43014, OH: higher priced homes
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