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These days, finding an affordable place to live in the 47345 area can be challenging. Home prices in 47345 are now at a median cost of $118,977, lower than the Indiana average of $175,617.
The average cost of rent is $862/mo in 47345, primarily driven by the current value of real estate in the 47345 area. While nearly 28.98% of residents own their homes outright in 47345, 13.09% rent.
Housing affordability isn’t just about home prices, though. The average household income in 47345 is $6,270 per month. Households that rent pay about 13.75% of their income on rent here. 47345's most expensive areas are in the central regions, while the cheapest areas are in the northern parts of the zip.
Nearby Zip Codes
- 47393, IN: equally priced homes
- 47392, IN: higher priced homes
- 47339, IN: equally priced homes
- 47346, IN: equally priced homes
- 47330, IN: equally priced homes
- 47370, IN: less expensive homes
- 47327, IN: less expensive homes
- 47341, IN: equally priced homes
- 47374, IN: equally priced homes
- 47357, IN: equally priced homes
Zip Codes with Similar Populations
- 54213, WI: higher priced homes
- 65650, MO: equally priced homes
- 64401, MO: higher priced homes
- 62838, IL: less expensive homes
- 62835, IL: less expensive homes
- 62642, IL: equally priced homes
- 62366, IL: less expensive homes
- 61728, IL: higher priced homes
- 61486, IL: less expensive homes
- 61370, IL: higher priced homes
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