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These days, finding an affordable place to live in the 46951 area can be challenging. Home prices in 46951 are now at a median cost of $161,179, lower than the Indiana average of $232,932.
The average cost of rent is $855/mo in 46951, primarily driven by the current value of real estate in the 46951 area. In 46951, 15.55% of households rent, and 42.81% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 46951 is $5,330 per month. Households that rent pay about 16.04% of their income on rent here. 46951’s most expensive areas are in the northeastern 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
- 46926, IN: equally priced homes
- 46931, IN: less expensive homes
- 46988, IN: higher priced homes
- 46910, IN: higher priced homes
- 46958, IN: less expensive homes
- 46975, IN: equally priced homes
- 46974, IN: higher priced homes
- 46950, IN: less expensive homes
- 46982, IN: higher priced homes
- 46943, IN: higher priced homes
Zip Codes with Similar Populations
- 16877, PA: higher priced homes
- 20198, VA: higher priced homes
- 22435, VA: higher priced homes
- 63015, MO: higher priced homes
- 47951, IN: less expensive homes
- 05660, VT: higher priced homes
- 49968, MI: less expensive homes
- 50161, IA: higher priced homes
- 51449, IA: less expensive homes
- 54642, WI: higher priced homes
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