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These days, finding an affordable place to live in the 46940 area can be challenging. Home prices in 46940 are now at a median cost of $124,148, lower than the Indiana average of $175,617.
The average cost of rent is $771/mo in 46940, primarily driven by the current value of real estate in the 46940 area. While nearly 44.49% of residents own their homes outright in 46940, 15.83% rent.
Housing affordability isn’t just about home prices, though. The average household income in 46940 is $5,021 per month. Households that rent pay about 15.35% of their income on rent here. 46940's most expensive areas are in the northeastern regions, while the cheapest areas are in the southwestern parts of the zip.
Nearby Zip Codes
- 46984, IN: equally priced homes
- 46952, IN: equally priced homes
- 46987, IN: equally priced homes
- 46992, IN: equally priced homes
- 46919, IN: equally priced homes
- 46953, IN: less expensive homes
- 46991, IN: less expensive homes
- 46911, IN: higher priced homes
- 46986, IN: equally priced homes
- 46792, IN: equally priced homes
Zip Codes with Similar Populations
- 13092, NY: higher priced homes
- 75938, TX: less expensive homes
- 41049, KY: less expensive homes
- 44818, OH: equally priced homes
- 48834, MI: equally priced homes
- 48857, MI: equally priced homes
- 54810, WI: higher priced homes
- 60184, IL: higher priced homes
- 62917, IL: less expensive homes
- 65039, MO: higher priced homes
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