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These days, finding an affordable place to live in the 47138 area can be challenging. Home prices in 47138 are now at a median cost of $145,190, lower than the Indiana average of $175,617.
The average cost of rent is $1,029/mo in 47138, primarily driven by the current value of real estate in the 47138 area. While nearly 36.32% of residents own their homes outright in 47138, 11.80% rent.
Housing affordability isn’t just about home prices, though. The average household income in 47138 is $5,331 per month. Households that rent pay about 19.31% of their income on rent here. 47138's most expensive areas are in the northeastern regions, while the cheapest areas are in the southwestern parts of the zip.
Nearby Zip Codes
- 47147, IN: equally priced homes
- 47243, IN: less expensive homes
- 47230, IN: equally priced homes
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- 47170, IN: less expensive homes
- 47177, IN: higher priced homes
- 47162, IN: equally priced homes
- 47163, IN: higher priced homes
- 47102, IN: less expensive homes
- 47250, IN: equally priced homes
Zip Codes with Similar Populations
- 13605, NY: equally priced homes
- 35646, AL: less expensive homes
- 01585, MA: higher priced homes
- 37870, TN: less expensive homes
- 45315, OH: higher priced homes
- 48631, MI: equally priced homes
- 53952, WI: equally priced homes
- 54520, WI: equally priced homes
- 58047, ND: higher priced homes
- 63048, MO: higher priced homes
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