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These days, finding an affordable place to live in the 47346 area can be challenging. Home prices in 47346 are now at a median cost of $145,885, lower than the Indiana average of $232,932.
The average cost of rent is $688/mo in 47346, primarily driven by the current value of real estate in the 47346 area. In 47346, 14.32% of households rent, and 39.73% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 47346 is $6,059 per month. Households that rent pay about 11.35% of their income on rent here. 47346’s most expensive areas are in the northeastern 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
- 47339, IN: higher priced homes
- 47345, IN: higher priced homes
- 47327, IN: less expensive homes
- 47370, IN: less expensive homes
- 47335, IN: less expensive homes
- 47360, IN: higher priced homes
- 47354, IN: equally priced homes
- 47358, IN: higher priced homes
- 47393, IN: higher priced homes
- 47387, IN: higher priced homes
Zip Codes with Similar Populations
- 90704, CA: higher priced homes
- 33956, FL: higher priced homes
- 08751, NJ: higher priced homes
- 10963, NY: higher priced homes
- 55073, MN: higher priced homes
- 23890, VA: higher priced homes
- 95249, CA: higher priced homes
- 24554, VA: higher priced homes
- 29581, SC: less expensive homes
- 29935, SC: higher priced homes
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