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These days, finding an affordable place to live in the 47117 area can be challenging. Home prices in 47117 are now at a median cost of $154,565, lower than the Indiana average of $175,617.
The average cost of rent is $783/mo in 47117, primarily driven by the current value of real estate in the 47117 area. While nearly 37.72% of residents own their homes outright in 47117, 15.51% rent.
Housing affordability isn’t just about home prices, though. The average household income in 47117 is $5,375 per month. Households that rent pay about 14.57% of their income on rent here. 47117's most expensive areas are in the southwestern regions, while the cheapest areas are in the eastern parts of the zip.
Nearby Zip Codes
- 47160, IN: higher priced homes
- 40258, KY: equally priced homes
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- 40177, KY: less expensive homes
- 47136, IN: higher priced homes
- 40216, KY: less expensive homes
- 47112, IN: higher priced homes
- 40214, KY: equally priced homes
- 40215, KY: less expensive homes
Zip Codes with Similar Populations
- 99737, AK: higher priced homes
- 14871, NY: equally priced homes
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- 17084, PA: equally priced homes
- 95236, CA: higher priced homes
- 95672, CA: higher priced homes
- 96754, HI: higher priced homes
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