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These days, finding an affordable place to live in the 47263 area can be challenging. Home prices in 47263 are now at a median cost of $218,500, higher than the Indiana average of $175,617.
The average cost of rent is $1,183/mo in 47263, primarily driven by the current value of real estate in the 47263 area. While nearly 50.09% of residents own their homes outright in 47263, 20.39% rent.
Housing affordability isn’t just about home prices, though. The average household income in 47263 is $5,538 per month. Households that rent pay about 21.36% of their income on rent here. 47263's most expensive areas are in the southeastern regions, while the cheapest areas are in the central parts of the zip.
Nearby Zip Codes
- 47006, IN: equally priced homes
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Zip Codes with Similar Populations
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