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These days, finding an affordable place to live in the 47112 area can be challenging. Home prices in 47112 are now at a median cost of $181,253, higher than the Indiana average of $175,617.
The average cost of rent is $731/mo in 47112, primarily driven by the current value of real estate in the 47112 area. While nearly 30.81% of residents own their homes outright in 47112, 23.08% rent.
Housing affordability isn’t just about home prices, though. The average household income in 47112 is $4,951 per month. Households that rent pay about 14.76% of their income on rent here. 47112's most expensive areas are in the southwestern regions, while the cheapest areas are in the northern parts of the zip.
Nearby Zip Codes
- 47160, IN: equally priced homes
- 47114, IN: equally priced homes
- 47166, IN: equally priced homes
- 47161, IN: equally priced homes
- 47136, IN: higher priced homes
- 47117, IN: less expensive homes
- 47115, IN: less expensive homes
- 47122, IN: higher priced homes
- 47124, IN: higher priced homes
- 47145, IN: less expensive homes
Zip Codes with Similar Populations
- 70535, LA: less expensive homes
- 28472, NC: less expensive homes
- 30360, GA: higher priced homes
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- 32091, FL: less expensive homes
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- 32413, FL: higher priced homes
- 32801, FL: higher priced homes
- 60118, IL: higher priced homes
- 61102, IL: less expensive homes
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