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These days, finding an affordable place to live in the 47327 area can be challenging. Home prices in 47327 are now at a median cost of $130,545, lower than the Indiana average of $232,932.
The average cost of rent is $916/mo in 47327, primarily driven by the current value of real estate in the 47327 area. In 47327, 21.70% of households rent, and 44.90% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 47327 is $5,644 per month. Households that rent pay about 16.23% of their income on rent here. 47327’s most expensive areas are in the northwestern regions, while the cheapest areas are in the central 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
- 47370, IN: less expensive homes
- 47335, IN: less expensive homes
- 47357, IN: higher priced homes
- 47387, IN: higher priced homes
- 47346, IN: higher priced homes
- 47345, IN: higher priced homes
- 47330, IN: higher priced homes
- 47352, IN: higher priced homes
- 46127, IN: higher priced homes
- 47339, IN: higher priced homes
Zip Codes with Similar Populations
- 97115, OR: higher priced homes
- 07803, NJ: higher priced homes
- 06417, CT: higher priced homes
- 04429, ME: higher priced homes
- 04236, ME: higher priced homes
- 03862, NH: higher priced homes
- 97231, OR: higher priced homes
- 01770, MA: higher priced homes
- 97720, OR: higher priced homes
- 53038, WI: higher priced homes
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