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These days, finding an affordable place to live in the 47135 area can be challenging. Home prices in 47135 are now at a median cost of $182,458, lower than the Indiana average of $232,932.
The average cost of rent is $667/mo in 47135, primarily driven by the current value of real estate in the 47135 area. In 47135, 4.69% of households rent, and 50.32% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 47135 is $4,985 per month. Households that rent pay about 13.38% of their income on rent here. 47135’s most expensive areas are in the northwestern regions, while the cheapest areas are in the southern parts of the zip.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Zip Codes
- 47142, IN: less expensive homes
- 40108, KY: higher priced homes
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- 47160, IN: higher priced homes
- 47117, IN: higher priced homes
- 40177, KY: less expensive homes
- 40155, KY: less expensive homes
- 40117, KY: higher priced homes
- 40272, KY: equally priced homes
- 40258, KY: equally priced homes
Zip Codes with Similar Populations
- 04238, ME: higher priced homes
- 96146, CA: higher priced homes
- 95635, CA: higher priced homes
- 95306, CA: higher priced homes
- 93432, CA: higher priced homes
- 93426, CA: higher priced homes
- 92398, CA: equally priced homes
- 92242, CA: less expensive homes
- 81624, CO: higher priced homes
- 80480, CO: higher priced homes
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