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These days, finding an affordable place to live in the 47243 area can be challenging. Home prices in 47243 are now at a median cost of $129,789, lower than the Indiana average of $175,617.
The average cost of rent is $895/mo in 47243, primarily driven by the current value of real estate in the 47243 area. While nearly 43.61% of residents own their homes outright in 47243, 29.99% rent.
Housing affordability isn’t just about home prices, though. The average household income in 47243 is $4,268 per month. Households that rent pay about 20.96% of their income on rent here. 47243's most expensive areas are in the southwestern regions, while the cheapest areas are in the northwestern parts of the zip.
Nearby Zip Codes
- 40045, KY: equally priced homes
- 47250, IN: higher priced homes
- 47138, IN: higher priced homes
- 47230, IN: equally priced homes
- 47231, IN: equally priced homes
- 47227, IN: higher priced homes
- 47270, IN: equally priced homes
- 41008, KY: less expensive homes
- 47170, IN: equally priced homes
- 47102, IN: less expensive homes
Zip Codes with Similar Populations
- 29431, SC: higher priced homes
- 38483, TN: higher priced homes
- 37082, TN: higher priced homes
- 37022, TN: higher priced homes
- 36271, AL: higher priced homes
- 36024, AL: higher priced homes
- 32565, FL: higher priced homes
- 32535, FL: less expensive homes
- 32113, FL: less expensive homes
- 31031, GA: less expensive homes
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