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These days, finding an affordable place to live in the 47003 area can be challenging. Home prices in 47003 are now at a median cost of $168,226, lower than the Indiana average of $232,932.
The average cost of rent is $1,134/mo in 47003, primarily driven by the current value of real estate in the 47003 area. In 47003, 19.86% of households rent, and 38.42% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 47003 is $7,569 per month. Households that rent pay about 14.98% of their income on rent here. 47003’s most expensive areas are in the southern 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
- 45003, OH: higher priced homes
- 47010, IN: higher priced homes
- 45056, OH: higher priced homes
- 47353, IN: equally priced homes
- 45311, OH: equally priced homes
- 45064, OH: higher priced homes
- 47325, IN: higher priced homes
- 47012, IN: higher priced homes
- 45070, OH: higher priced homes
- 45062, OH: higher priced homes
Zip Codes with Similar Populations
- 42565, KY: less expensive homes
- 98262, WA: higher priced homes
- 98323, WA: higher priced homes
- 48841, MI: higher priced homes
- 47597, IN: less expensive homes
- 47120, IN: higher priced homes
- 45001, OH: less expensive homes
- 44802, OH: higher priced homes
- 43345, OH: higher priced homes
- 50517, IA: less expensive homes
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