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These days, finding an affordable place to live in the 47338 area can be challenging. Home prices in 47338 are now at a median cost of $95,683, lower than the Indiana average of $175,617.
The average cost of rent is $718/mo in 47338, primarily driven by the current value of real estate in the 47338 area. While nearly 40.90% of residents own their homes outright in 47338, 14.77% rent.
Housing affordability isn’t just about home prices, though. The average household income in 47338 is $4,566 per month. Households that rent pay about 15.73% of their income on rent here. 47338's most expensive areas are in the southeastern regions, while the cheapest areas are in the southern parts of the zip.
Nearby Zip Codes
- 47320, IN: higher priced homes
- 47336, IN: less expensive homes
- 47348, IN: equally priced homes
- 47342, IN: higher priced homes
- 47303, IN: less expensive homes
- 46957, IN: less expensive homes
- 47304, IN: higher priced homes
- 47373, IN: equally priced homes
- 46989, IN: higher priced homes
- 46930, IN: equally priced homes
Zip Codes with Similar Populations
- 03285, NH: higher priced homes
- 30293, GA: higher priced homes
- 29547, SC: less expensive homes
- 27054, NC: higher priced homes
- 27024, NC: higher priced homes
- 26184, WV: higher priced homes
- 23062, VA: higher priced homes
- 17981, PA: less expensive homes
- 16421, PA: higher priced homes
- 16327, PA: higher priced homes
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