Affordable
Expensive
Expensive
Colorblind friendly
off
These days, finding an affordable place to live in the 47231 area can be challenging. Home prices in 47231 are now at a median cost of $125,024, lower than the Indiana average of $175,617.
The average cost of rent is $1,053/mo in 47231, primarily driven by the current value of real estate in the 47231 area. While nearly 56.95% of residents own their homes outright in 47231, 11.66% rent.
Housing affordability isn’t just about home prices, though. The average household income in 47231 is $5,204 per month. Households that rent pay about 20.24% of their income on rent here. 47231's most expensive areas are in the southern regions, while the cheapest areas are in the eastern parts of the zip.
Nearby Zip Codes
- 47227, IN: higher priced homes
- 47282, IN: less expensive homes
- 47230, IN: higher priced homes
- 47250, IN: higher priced homes
- 47270, IN: higher priced homes
- 47243, IN: equally priced homes
- 47224, IN: higher priced homes
- 47017, IN: higher priced homes
- 47102, IN: less expensive homes
- 47229, IN: less expensive homes
Zip Codes with Similar Populations
- 83450, ID: higher priced homes
- 27314, NC: equally priced homes
- 27849, NC: less expensive homes
- 38588, TN: less expensive homes
- 43451, OH: higher priced homes
- 47930, IN: higher priced homes
- 77853, TX: higher priced homes
- 79839, TX: less expensive homes
- 80821, CO: higher priced homes
- 82054, WY: higher priced homes
No other site shows detail at this level for free. We are able to keep this site free by receiving a small commission from the referring links below if you book, rent, or request a lead at no cost to you. Please share or cite this page if you aren't able to otherwise support our work.
Map interface © Mapbox © OpenStreetMap Map data and content © bestneighborhood