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These days, finding an affordable place to live in the 47001 area can be challenging. Home prices in 47001 are now at a median cost of $153,872, lower than the Indiana average of $175,617.
The average cost of rent is $814/mo in 47001, primarily driven by the current value of real estate in the 47001 area. While nearly 32.31% of residents own their homes outright in 47001, 16.54% rent.
Housing affordability isn’t just about home prices, though. The average household income in 47001 is $5,603 per month. Households that rent pay about 14.53% of their income on rent here. 47001's most expensive areas are in the southwestern regions, while the cheapest areas are in the western parts of the zip.
Nearby Zip Codes
- 41080, KY: higher priced homes
- 47032, IN: equally priced homes
- 47025, IN: higher priced homes
- 47018, IN: equally priced homes
- 47040, IN: higher priced homes
- 47031, IN: equally priced homes
- 41005, KY: higher priced homes
- 41048, KY: higher priced homes
- 45033, OH: less expensive homes
- 45052, OH: higher priced homes
Zip Codes with Similar Populations
- 77418, TX: higher priced homes
- 44115, OH: higher priced homes
- 44657, OH: less expensive homes
- 46803, IN: less expensive homes
- 47012, IN: higher priced homes
- 47713, IN: less expensive homes
- 48040, MI: equally priced homes
- 50616, IA: less expensive homes
- 53581, WI: equally priced homes
- 60464, IL: higher priced homes
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