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These days, finding an affordable place to live in the 47226 area can be challenging. Home prices in 47226 are now at a median cost of $158,800, lower than the Indiana average of $232,932.
The average cost of rent is $776/mo in 47226, primarily driven by the current value of real estate in the 47226 area. In 47226, 29.71% of households rent, and 45.83% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 47226 is $5,552 per month. Households that rent pay about 13.98% of their income on rent here. 47226’s most expensive areas are in the central regions, while the cheapest areas are in the central parts of the zip.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Zip Codes
- 47203, IN: higher priced homes
- 47280, IN: equally priced homes
- 47246, IN: higher priced homes
- 46124, IN: higher priced homes
- 47201, IN: higher priced homes
- 47234, IN: higher priced homes
- 47244, IN: higher priced homes
- 47236, IN: higher priced homes
- 47232, IN: higher priced homes
- 46164, IN: higher priced homes
Zip Codes with Similar Populations
- 68433, NE: less expensive homes
- 61743, IL: equally priced homes
- 61848, IL: less expensive homes
- 61852, IL: higher priced homes
- 62672, IL: equally priced homes
- 62876, IL: less expensive homes
- 63763, MO: less expensive homes
- 64655, MO: less expensive homes
- 65557, MO: equally priced homes
- 66761, KS: less expensive homes
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