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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 $138,119, lower than the Indiana average of $175,617.
The average cost of rent is $878/mo in 47230, primarily driven by the current value of real estate in the 47230 area. While nearly 39.85% of residents own their homes outright in 47230, 11.49% rent.
Housing affordability isn’t just about home prices, though. The average household income in 47230 is $5,216 per month. Households that rent pay about 16.83% of their income on rent here. 47230's most expensive areas are in the northeastern regions, while the cheapest areas are in the southwestern parts of the zip.
Nearby Zip Codes
- 47227, IN: equally priced homes
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- 47102, IN: less expensive homes
- 47231, IN: less expensive homes
- 47243, IN: equally priced homes
- 47170, IN: equally priced homes
- 47229, IN: less expensive homes
- 47250, IN: higher priced homes
- 40045, KY: equally priced homes
Zip Codes with Similar Populations
- 08341, NJ: higher priced homes
- 14058, NY: equally priced homes
- 15954, PA: less expensive homes
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- 28582, NC: higher priced homes
- 29056, SC: less expensive homes
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