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These days, finding an affordable place to live in the 47122 area can be challenging. Home prices in 47122 are now at a median cost of $214,198, higher than the Indiana average of $175,617.
The average cost of rent is $980/mo in 47122, primarily driven by the current value of real estate in the 47122 area. While nearly 28.90% of residents own their homes outright in 47122, 10.54% rent.
Housing affordability isn’t just about home prices, though. The average household income in 47122 is $7,902 per month. Households that rent pay about 12.40% of their income on rent here. 47122's most expensive areas are in the northwestern regions, while the cheapest areas are in the western parts of the zip.
Nearby Zip Codes
- 47136, IN: equally priced homes
- 47124, IN: higher priced homes
- 47119, IN: higher priced homes
- 47114, IN: less expensive homes
- 47161, IN: less expensive homes
- 47150, IN: less expensive homes
- 40212, KY: less expensive homes
- 40211, KY: less expensive homes
- 47164, IN: less expensive homes
- 47106, IN: equally priced homes
Zip Codes with Similar Populations
- 81632, CO: higher priced homes
- 38618, MS: less expensive homes
- 39581, MS: less expensive homes
- 48065, MI: higher priced homes
- 49097, MI: equally priced homes
- 62896, IL: less expensive homes
- 73045, OK: less expensive homes
- 75442, TX: higher priced homes
- 75570, TX: less expensive homes
- 76657, TX: higher priced homes
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