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These days, finding an affordable place to live in the 47163 area can be challenging. Home prices in 47163 are now at a median cost of $174,733, lower than the Indiana average of $175,617.
The average cost of rent is $840/mo in 47163, primarily driven by the current value of real estate in the 47163 area. While nearly 33.03% of residents own their homes outright in 47163, 5.10% rent.
Housing affordability isn’t just about home prices, though. The average household income in 47163 is $6,204 per month. Households that rent pay about 13.55% of their income on rent here. 47163's most expensive areas are in the central regions, while the cheapest areas are in the southern parts of the zip.
Nearby Zip Codes
- 47141, IN: less expensive homes
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Zip Codes with Similar Populations
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