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These days, finding an affordable place to live in the 47265 area can be challenging. Home prices in 47265 are now at a median cost of $151,296, lower than the Indiana average of $232,932.
The average cost of rent is $997/mo in 47265, primarily driven by the current value of real estate in the 47265 area. In 47265, 25.17% of households rent, and 41.20% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 47265 is $5,897 per month. Households that rent pay about 16.90% of their income on rent here. 47265’s most expensive areas are in the southwestern regions, while the cheapest areas are in the northwestern 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
- 47282, IN: equally priced homes
- 47273, IN: higher priced homes
- 47223, IN: higher priced homes
- 47236, IN: higher priced homes
- 47232, IN: higher priced homes
- 47283, IN: higher priced homes
- 47247, IN: higher priced homes
- 47274, IN: higher priced homes
- 47023, IN: higher priced homes
- 47201, IN: higher priced homes
Zip Codes with Similar Populations
- 04072, ME: higher priced homes
- 72315, AR: less expensive homes
- 33304, FL: higher priced homes
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- 33711, FL: higher priced homes
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- 35010, AL: higher priced homes
- 36804, AL: higher priced homes
- 40330, KY: higher priced homes
- 48094, MI: higher priced homes
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