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These days, finding an affordable place to live in the 47018 area can be challenging. Home prices in 47018 are now at a median cost of $158,912, lower than the Indiana average of $175,617.
The average cost of rent is $907/mo in 47018, primarily driven by the current value of real estate in the 47018 area. While nearly 37.83% of residents own their homes outright in 47018, 16.32% rent.
Housing affordability isn’t just about home prices, though. The average household income in 47018 is $6,309 per month. Households that rent pay about 14.38% of their income on rent here. 47018's most expensive areas are in the northwestern regions, while the cheapest areas are in the northeastern parts of the zip.
Nearby Zip Codes
- 47021, IN: higher priced homes
- 47032, IN: equally priced homes
- 47017, IN: higher priced homes
- 47001, IN: equally priced homes
- 47031, IN: equally priced homes
- 47042, IN: equally priced homes
- 47040, IN: higher priced homes
- 41080, KY: higher priced homes
- 47037, IN: less expensive homes
- 47025, IN: higher priced homes
Zip Codes with Similar Populations
- 23421, VA: higher priced homes
- 41007, KY: higher priced homes
- 98237, WA: higher priced homes
- 93660, CA: higher priced homes
- 93265, CA: higher priced homes
- 86021, AZ: higher priced homes
- 75226, TX: higher priced homes
- 72947, AR: less expensive homes
- 71403, LA: equally priced homes
- 66092, KS: higher priced homes
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