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These days, finding an affordable place to live in the 47229 area can be challenging. Home prices in 47229 are now at a median cost of $110,455, lower than the Indiana average of $175,617.
The average cost of rent is $826/mo in 47229, primarily driven by the current value of real estate in the 47229 area. While nearly 35.70% of residents own their homes outright in 47229, 18.48% rent.
Housing affordability isn’t just about home prices, though. The average household income in 47229 is $4,388 per month. Households that rent pay about 18.83% of their income on rent here. 47229's most expensive areas are in the northeastern regions, while the cheapest areas are in the southeastern parts of the zip.
Nearby Zip Codes
- 47102, IN: equally priced homes
- 47270, IN: higher priced homes
- 47274, IN: higher priced homes
- 47230, IN: higher priced homes
- 47220, IN: higher priced homes
- 47227, IN: higher priced homes
- 47281, IN: higher priced homes
- 47282, IN: less expensive homes
- 47260, IN: less expensive homes
- 47231, IN: higher priced homes
Zip Codes with Similar Populations
- 55946, MN: higher priced homes
- 03048, NH: higher priced homes
- 45844, OH: higher priced homes
- 46910, IN: higher priced homes
- 47032, IN: higher priced homes
- 47283, IN: higher priced homes
- 48759, MI: less expensive homes
- 54767, WI: higher priced homes
- 55718, MN: higher priced homes
- 45623, OH: equally priced homes
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