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These days, finding an affordable place to live in the 47017 area can be challenging. Home prices in 47017 are now at a median cost of $252,244, higher than the Indiana average of $232,932.
The average cost of rent is $911/mo in 47017, primarily driven by the current value of real estate in the 47017 area. In 47017, 9.25% of households rent, and 15.84% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 47017 is $9,090 per month. Households that rent pay about 10.03% of their income on rent here. 47017’s most expensive areas are in the southern regions, while the cheapest areas are in the southwestern 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
- 47021, IN: equally priced homes
- 47224, IN: equally priced homes
- 47042, IN: less expensive homes
- 47018, IN: less expensive homes
- 47011, IN: equally priced homes
- 47032, IN: higher priced homes
- 47023, IN: equally priced homes
- 47001, IN: less expensive homes
- 47020, IN: less expensive homes
- 47040, IN: less expensive homes
Zip Codes with Similar Populations
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- 68966, NE: less expensive homes
- 68958, NE: less expensive homes
- 68856, NE: equally priced homes
- 60537, IL: higher priced homes
- 59069, MT: higher priced homes
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