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These days, finding an affordable place to live in the 47203 area can be challenging. Home prices in 47203 are now at a median cost of $212,323, higher than the Indiana average of $175,617.
The average cost of rent is $835/mo in 47203, primarily driven by the current value of real estate in the 47203 area. While nearly 30.25% of residents own their homes outright in 47203, 22.99% rent.
Housing affordability isn’t just about home prices, though. The average household income in 47203 is $6,456 per month. Households that rent pay about 12.93% of their income on rent here. 47203's most expensive areas are in the western regions, while the cheapest areas are in the southwestern parts of the zip.
Nearby Zip Codes
- 47226, IN: less expensive homes
- 47201, IN: equally priced homes
- 47280, IN: less expensive homes
- 47246, IN: less expensive homes
- 47232, IN: less expensive homes
- 47244, IN: equally priced homes
- 46124, IN: less expensive homes
- 47236, IN: equally priced homes
- 47234, IN: less expensive homes
- 46164, IN: equally priced homes
Zip Codes with Similar Populations
- 22406, VA: higher priced homes
- 28112, NC: equally priced homes
- 30224, GA: less expensive homes
- 57104, SD: less expensive homes
- 54952, WI: equally priced homes
- 60431, IL: equally priced homes
- 75088, TX: equally priced homes
- 75092, TX: equally priced homes
- 76033, TX: less expensive homes
- 78738, TX: higher priced homes
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