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These days, finding an affordable place to live in the 47011 area can be challenging. Home prices in 47011 are now at a median cost of $184,814, higher than the Indiana average of $175,617.
The average cost of rent is $753/mo in 47011, primarily driven by the current value of real estate in the 47011 area. While nearly 37.16% of residents own their homes outright in 47011, 8.42% rent.
Housing affordability isn’t just about home prices, though. The average household income in 47011 is $5,742 per month. Households that rent pay about 13.12% of their income on rent here. 47011's most expensive areas are in the southern regions, while the cheapest areas are in the northern parts of the zip.
Nearby Zip Codes
- 47043, IN: less expensive homes
- 47020, IN: less expensive homes
- 47224, IN: less expensive homes
- 47021, IN: equally priced homes
- 47017, IN: equally priced homes
- 47040, IN: equally priced homes
- 41045, KY: less expensive homes
- 47038, IN: less expensive homes
- 41095, KY: less expensive homes
- 41086, KY: less expensive homes
Zip Codes with Similar Populations
- 80835, CO: higher priced homes
- 27922, NC: less expensive homes
- 28101, NC: higher priced homes
- 30250, GA: less expensive homes
- 38348, TN: less expensive homes
- 38390, TN: less expensive homes
- 38567, TN: equally priced homes
- 39352, MS: less expensive homes
- 40358, KY: less expensive homes
- 40404, KY: less expensive homes
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