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These days, finding an affordable place to live in the 47137 area can be challenging. Home prices in 47137 are now at a median cost of $93,046, lower than the Indiana average of $175,617.
The average cost of rent is $866/mo in 47137, primarily driven by the current value of real estate in the 47137 area. While nearly 64.65% of residents own their homes outright in 47137, 12.49% rent.
Housing affordability isn’t just about home prices, though. The average household income in 47137 is $4,036 per month. Households that rent pay about 21.45% of their income on rent here. 47137's most expensive areas are in the northern regions, while the cheapest areas are in the southern parts of the zip.
Nearby Zip Codes
- 47174, IN: higher priced homes
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Zip Codes with Similar Populations
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- 42024, KY: higher priced homes
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