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These days, finding an affordable place to live in the 47246 area can be challenging. Home prices in 47246 are now at a median cost of $137,749, lower than the Indiana average of $175,617.
The average cost of rent is $858/mo in 47246, primarily driven by the current value of real estate in the 47246 area. While nearly 33.72% of residents own their homes outright in 47246, 19.73% rent.
Housing affordability isn’t just about home prices, though. The average household income in 47246 is $5,213 per month. Households that rent pay about 16.46% of their income on rent here. 47246's most expensive areas are in the southeastern regions, while the cheapest areas are in the western parts of the zip.
Nearby Zip Codes
- 47244, IN: higher priced homes
- 47226, IN: equally priced homes
- 47234, IN: equally priced homes
- 47203, IN: higher priced homes
- 47236, IN: higher priced homes
- 47280, IN: equally priced homes
- 46124, IN: higher priced homes
- 47201, IN: higher priced homes
- 47232, IN: higher priced homes
- 47283, IN: equally priced homes
Zip Codes with Similar Populations
- 01452, MA: higher priced homes
- 02633, MA: higher priced homes
- 42351, KY: less expensive homes
- 55767, MN: higher priced homes
- 44644, OH: higher priced homes
- 44680, OH: higher priced homes
- 47327, IN: less expensive homes
- 48651, MI: equally priced homes
- 49076, MI: equally priced homes
- 49283, MI: higher priced homes
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