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These days, finding an affordable place to live in the 47037 area can be challenging. Home prices in 47037 are now at a median cost of $140,585, lower than the Indiana average of $175,617.
The average cost of rent is $767/mo in 47037, primarily driven by the current value of real estate in the 47037 area. While nearly 40.22% of residents own their homes outright in 47037, 25.99% rent.
Housing affordability isn’t just about home prices, though. The average household income in 47037 is $4,848 per month. Households that rent pay about 15.81% of their income on rent here. 47037's most expensive areas are in the northwestern regions, while the cheapest areas are in the northern parts of the zip.
Nearby Zip Codes
- 47034, IN: less expensive homes
- 47023, IN: equally priced homes
- 47042, IN: equally priced homes
- 47031, IN: higher priced homes
- 47006, IN: higher priced homes
- 47223, IN: less expensive homes
- 47041, IN: higher priced homes
- 47032, IN: higher priced homes
- 47018, IN: higher priced homes
- 47283, IN: equally priced homes
Zip Codes with Similar Populations
- 20119, VA: higher priced homes
- 79908, TX: equally priced homes
- 26378, WV: higher priced homes
- 26351, WV: less expensive homes
- 26143, WV: less expensive homes
- 80135, CO: higher priced homes
- 80443, CO: higher priced homes
- 23837, VA: higher priced homes
- 23421, VA: higher priced homes
- 22920, VA: higher priced homes
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