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These days, finding an affordable place to live in the 47106 area can be challenging. Home prices in 47106 are now at a median cost of $203,056, higher than the Indiana average of $175,617.
The average cost of rent is $968/mo in 47106, primarily driven by the current value of real estate in the 47106 area. While nearly 39.74% of residents own their homes outright in 47106, 13.23% rent.
Housing affordability isn’t just about home prices, though. The average household income in 47106 is $7,277 per month. Households that rent pay about 13.31% of their income on rent here. 47106's most expensive areas are in the southern regions, while the cheapest areas are in the northern parts of the zip.
Nearby Zip Codes
- 47165, IN: less expensive homes
- 47124, IN: higher priced homes
- 47119, IN: higher priced homes
- 47143, IN: higher priced homes
- 47172, IN: equally priced homes
- 47126, IN: less expensive homes
- 47164, IN: less expensive homes
- 47150, IN: less expensive homes
- 47122, IN: equally priced homes
- 47129, IN: less expensive homes
Zip Codes with Similar Populations
- 21817, MD: less expensive homes
- 74962, OK: less expensive homes
- 74954, OK: less expensive homes
- 74056, OK: less expensive homes
- 24348, VA: less expensive homes
- 24260, VA: less expensive homes
- 24090, VA: higher priced homes
- 23974, VA: less expensive homes
- 23124, VA: higher priced homes
- 23030, VA: equally priced homes
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