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These days, finding an affordable place to live in the 47230 area can be challenging. Home prices in 47230 are now at a median cost of $180,432, lower than the Indiana average of $232,932.
The average cost of rent is $825/mo in 47230, primarily driven by the current value of real estate in the 47230 area. In 47230, 13.88% of households rent, and 51.18% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 47230 is $6,696 per month. Households that rent pay about 12.32% of their income on rent here. 47230’s most expensive areas are in the southeastern regions, while the cheapest areas are in the northwestern 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
- 47227, IN: equally priced homes
- 47270, IN: equally priced homes
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- 47102, IN: less expensive homes
- 47231, IN: higher priced homes
- 47243, IN: equally priced homes
- 47170, IN: equally priced homes
- 47229, IN: equally priced homes
- 47250, IN: higher priced homes
- 40045, KY: equally priced homes
Zip Codes with Similar Populations
- 08341, NJ: higher priced homes
- 14058, NY: less expensive homes
- 15954, PA: less expensive homes
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- 24133, VA: less expensive homes
- 28508, NC: less expensive homes
- 28582, NC: higher priced homes
- 29056, SC: less expensive homes
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