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These days, finding an affordable place to live in the 47115 area can be challenging. Home prices in 47115 are now at a median cost of $143,354, lower than the Indiana average of $175,617.
The average cost of rent is $621/mo in 47115, primarily driven by the current value of real estate in the 47115 area. While nearly 46.22% of residents own their homes outright in 47115, 14.74% rent.
Housing affordability isn’t just about home prices, though. The average household income in 47115 is $4,559 per month. Households that rent pay about 13.62% of their income on rent here. 47115's most expensive areas are in the southwestern regions, while the cheapest areas are in the northwestern parts of the zip.
Nearby Zip Codes
- 47166, IN: higher priced homes
- 47145, IN: equally priced homes
- 47161, IN: higher priced homes
- 47140, IN: less expensive homes
- 47164, IN: equally priced homes
- 47120, IN: higher priced homes
- 47114, IN: higher priced homes
- 47125, IN: less expensive homes
- 47112, IN: higher priced homes
- 47124, IN: higher priced homes
Zip Codes with Similar Populations
- 06060, CT: higher priced homes
- 01050, MA: higher priced homes
- 11941, NY: higher priced homes
- 12567, NY: higher priced homes
- 15935, PA: less expensive homes
- 17094, PA: equally priced homes
- 49911, MI: less expensive homes
- 72952, AR: less expensive homes
- 72121, AR: equally priced homes
- 69033, NE: higher priced homes
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