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These days, finding an affordable place to live in the 46961 area can be challenging. Home prices in 46961 are now at a median cost of $190,900, lower than the Indiana average of $232,932.
The average cost of rent is $581/mo in 46961, primarily driven by the current value of real estate in the 46961 area. In 46961, 10.34% of households rent, and 33.52% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 46961 is $5,823 per month. Households that rent pay about 9.98% of their income on rent here. 46961’s most expensive areas are in the central 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
- 46967, IN: equally priced homes
- 46958, IN: less expensive homes
- 46970, IN: less expensive homes
- 46988, IN: equally priced homes
- 46994, IN: less expensive homes
- 46971, IN: less expensive homes
- 46947, IN: less expensive homes
- 46914, IN: less expensive homes
- 46926, IN: less expensive homes
- 46959, IN: less expensive homes
Zip Codes with Similar Populations
- 99564, AK: higher priced homes
- 12407, NY: higher priced homes
- 12527, NY: higher priced homes
- 12724, NY: higher priced homes
- 12874, NY: higher priced homes
- 12973, NY: less expensive homes
- 13611, NY: equally priced homes
- 15422, PA: less expensive homes
- 15561, PA: less expensive homes
- 15564, PA: equally priced homes
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