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These days, finding an affordable place to live in the 46806 area can be challenging. Home prices in 46806 are now at a median cost of $89,943, lower than the Indiana average of $232,932.
The average cost of rent is $1,008/mo in 46806, primarily driven by the current value of real estate in the 46806 area. In 46806, 46.90% of households rent, and 48.08% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 46806 is $4,289 per month. Households that rent pay about 23.50% of their income on rent here. 46806’s most expensive areas are in the southeastern regions, while the cheapest areas are in the northern 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
- 46803, IN: higher priced homes
- 46807, IN: higher priced homes
- 46816, IN: higher priced homes
- 46802, IN: higher priced homes
- 46805, IN: higher priced homes
- 46819, IN: higher priced homes
- 46809, IN: higher priced homes
- 46808, IN: higher priced homes
- 46815, IN: higher priced homes
- 46774, IN: higher priced homes
Zip Codes with Similar Populations
- 98372, WA: higher priced homes
- 46545, IN: higher priced homes
- 46214, IN: higher priced homes
- 85024, AZ: higher priced homes
- 90746, CA: higher priced homes
- 94062, CA: higher priced homes
- 33618, FL: higher priced homes
- 33484, FL: higher priced homes
- 33189, FL: higher priced homes
- 33131, FL: higher priced homes
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