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Affordable
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These days, finding an affordable place to live in the 47236 area can be challenging. Home prices in 47236 are now at a median cost of $268,100, higher than the Indiana average of $232,932.
The average cost of rent is $1,004/mo in 47236, primarily driven by the current value of real estate in the 47236 area. In 47236, 10.28% of households rent, and 44.15% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 47236 is $7,716 per month. Households that rent pay about 13.01% of their income on rent here. 47236’s most expensive areas are in the central regions, while the cheapest areas are in the central 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
- 47232, IN: less expensive homes
- 47273, IN: less expensive homes
- 47244, IN: equally priced homes
- 47283, IN: less expensive homes
- 47203, IN: equally priced homes
- 47246, IN: less expensive homes
- 47247, IN: less expensive homes
- 47265, IN: less expensive homes
- 47226, IN: less expensive homes
- 47201, IN: less expensive homes
Zip Codes with Similar Populations
- 04625, ME: higher priced homes
- 04852, ME: higher priced homes
- 07970, NJ: higher priced homes
- 70747, LA: less expensive homes
- 72679, AR: less expensive homes
- 72669, AR: less expensive homes
- 72636, AR: less expensive homes
- 72587, AR: less expensive homes
- 72553, AR: less expensive homes
- 72441, AR: less expensive homes
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