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Affordable
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These days, finding an affordable place to live in the 46807 area can be challenging. Home prices in 46807 are now at a median cost of $157,579, lower than the Indiana average of $232,932.
The average cost of rent is $1,114/mo in 46807, primarily driven by the current value of real estate in the 46807 area. In 46807, 39.72% of households rent, and 35.43% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 46807 is $5,956 per month. Households that rent pay about 18.70% of their income on rent here. 46807’s most expensive areas are in the southwestern regions, while the cheapest areas are in the northwestern 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
- 46802, IN: equally priced homes
- 46806, IN: less expensive homes
- 46809, IN: less expensive homes
- 46803, IN: less expensive homes
- 46819, IN: higher priced homes
- 46816, IN: equally priced homes
- 46808, IN: less expensive homes
- 46805, IN: less expensive homes
- 46804, IN: higher priced homes
- 46815, IN: higher priced homes
Zip Codes with Similar Populations
- 92845, CA: higher priced homes
- 29078, SC: higher priced homes
- 29334, SC: higher priced homes
- 98136, WA: higher priced homes
- 98101, WA: higher priced homes
- 32766, FL: higher priced homes
- 98065, WA: higher priced homes
- 96022, CA: higher priced homes
- 95963, CA: higher priced homes
- 95334, CA: higher priced homes
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