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These days, finding an affordable place to live in the 47201 area can be challenging. Home prices in 47201 are now at a median cost of $193,949, higher than the Indiana average of $175,617.
The average cost of rent is $1,028/mo in 47201, primarily driven by the current value of real estate in the 47201 area. While nearly 33.49% of residents own their homes outright in 47201, 35.21% rent.
Housing affordability isn’t just about home prices, though. The average household income in 47201 is $6,221 per month. Households that rent pay about 16.53% of their income on rent here. 47201's most expensive areas are in the southwestern regions, while the cheapest areas are in the northwestern parts of the zip.
Nearby Zip Codes
- 47203, IN: higher priced homes
- 47280, IN: less expensive homes
- 47226, IN: less expensive homes
- 47247, IN: less expensive homes
- 47232, IN: less expensive homes
- 47246, IN: less expensive homes
- 47236, IN: equally priced homes
- 47244, IN: higher priced homes
- 47273, IN: less expensive homes
- 47448, IN: equally priced homes
Zip Codes with Similar Populations
- 00603, PR: less expensive homes
- 90503, CA: higher priced homes
- 90043, CA: higher priced homes
- 90033, CA: higher priced homes
- 90025, CA: higher priced homes
- 90023, CA: higher priced homes
- 90016, CA: higher priced homes
- 89103, NV: equally priced homes
- 87144, NM: higher priced homes
- 75023, TX: higher priced homes
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