Affordable
Expensive
Expensive
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These days, finding an affordable place to live in the 47124 area can be challenging. Home prices in 47124 are now at a median cost of $252,245, higher than the Indiana average of $175,617.
The average cost of rent is $880/mo in 47124, primarily driven by the current value of real estate in the 47124 area. While nearly 35.67% of residents own their homes outright in 47124, 7.15% rent.
Housing affordability isn’t just about home prices, though. The average household income in 47124 is $7,424 per month. Households that rent pay about 11.86% of their income on rent here. 47124's most expensive areas are in the southeastern regions, while the cheapest areas are in the southern parts of the zip.
Nearby Zip Codes
- 47122, IN: less expensive homes
- 47119, IN: higher priced homes
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- 47161, IN: less expensive homes
- 47114, IN: less expensive homes
- 47106, IN: less expensive homes
- 47136, IN: less expensive homes
- 47165, IN: less expensive homes
- 47166, IN: less expensive homes
- 47150, IN: less expensive homes
Zip Codes with Similar Populations
- 27379, NC: less expensive homes
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- 74120, OK: less expensive homes
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- 74029, OK: less expensive homes
- 30543, GA: less expensive homes
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