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These days, finding an affordable place to live in the 47264 area can be challenging. Home prices in 47264 are now at a median cost of $190,966, lower than the Indiana average of $232,932.
The average cost of rent is $1,090/mo in 47264, primarily driven by the current value of real estate in the 47264 area. In 47264, 10.40% of households rent, and 49.24% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 47264 is $7,138 per month. Households that rent pay about 15.27% of their income on rent here. 47264’s most expensive areas are in the southwestern regions, while the cheapest areas are in the southern 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
- 47260, IN: less expensive homes
- 47436, IN: higher priced homes
- 47235, IN: higher priced homes
- 47220, IN: equally priced homes
- 47281, IN: higher priced homes
- 47421, IN: equally priced homes
- 47451, IN: less expensive homes
- 47420, IN: higher priced homes
- 47458, IN: higher priced homes
- 47434, IN: higher priced homes
Zip Codes with Similar Populations
- 74427, OK: less expensive homes
- 43343, OH: equally priced homes
- 43445, OH: equally priced homes
- 47369, IN: equally priced homes
- 48468, MI: less expensive homes
- 52155, IA: less expensive homes
- 52754, IA: equally priced homes
- 54480, WI: equally priced homes
- 54721, WI: higher priced homes
- 54748, WI: higher priced homes
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