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These days, finding an affordable place to live in the 46809 area can be challenging. Home prices in 46809 are now at a median cost of $131,119, lower than the Indiana average of $232,932.
The average cost of rent is $1,004/mo in 46809, primarily driven by the current value of real estate in the 46809 area. In 46809, 38.61% 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 46809 is $5,204 per month. Households that rent pay about 19.28% of their income on rent here. 46809’s most expensive areas are in the southwestern 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
- 46819, IN: higher priced homes
- 46807, IN: higher priced homes
- 46802, IN: higher priced homes
- 46806, IN: less expensive homes
- 46804, IN: higher priced homes
- 46816, IN: higher priced homes
- 46808, IN: equally priced homes
- 46803, IN: less expensive homes
- 46805, IN: equally priced homes
- 46798, IN: higher priced homes
Zip Codes with Similar Populations
- 46507, IN: higher priced homes
- 64034, MO: higher priced homes
- 63103, MO: higher priced homes
- 60449, IL: higher priced homes
- 58854, ND: higher priced homes
- 56649, MN: higher priced homes
- 55340, MN: higher priced homes
- 53551, WI: higher priced homes
- 53128, WI: higher priced homes
- 49720, MI: higher priced homes
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