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These days, finding an affordable place to live in the 47234 area can be challenging. Home prices in 47234 are now at a median cost of $145,615, lower than the Indiana average of $175,617.
The average cost of rent is $835/mo in 47234, primarily driven by the current value of real estate in the 47234 area. While nearly 44.16% of residents own their homes outright in 47234, 12.81% rent.
Housing affordability isn’t just about home prices, though. The average household income in 47234 is $5,636 per month. Households that rent pay about 14.82% of their income on rent here. 47234's most expensive areas are in the northeastern regions, while the cheapest areas are in the northwestern parts of the zip.
Nearby Zip Codes
- 47246, IN: equally priced homes
- 46182, IN: less expensive homes
- 47272, IN: less expensive homes
- 47226, IN: equally priced homes
- 46124, IN: equally priced homes
- 47244, IN: higher priced homes
- 47280, IN: less expensive homes
- 47203, IN: higher priced homes
- 47240, IN: higher priced homes
- 46156, IN: less expensive homes
Zip Codes with Similar Populations
- 02670, MA: higher priced homes
- 99694, AK: higher priced homes
- 96118, CA: higher priced homes
- 95449, CA: higher priced homes
- 84622, UT: higher priced homes
- 84542, UT: equally priced homes
- 82730, WY: higher priced homes
- 79381, TX: higher priced homes
- 77622, TX: equally priced homes
- 76679, TX: less expensive homes
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