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These days, finding an affordable place to live in the 47348 area can be challenging. Home prices in 47348 are now at a median cost of $88,967, lower than the Indiana average of $175,617.
The average cost of rent is $675/mo in 47348, primarily driven by the current value of real estate in the 47348 area. While nearly 50.86% of residents own their homes outright in 47348, 24.12% rent.
Housing affordability isn’t just about home prices, though. The average household income in 47348 is $3,844 per month. Households that rent pay about 17.57% of their income on rent here. 47348's most expensive areas are in the southeastern regions, while the cheapest areas are in the southern parts of the zip.
Nearby Zip Codes
- 46989, IN: higher priced homes
- 47338, IN: equally priced homes
- 46957, IN: less expensive homes
- 47359, IN: equally priced homes
- 47336, IN: less expensive homes
- 46930, IN: higher priced homes
- 47342, IN: higher priced homes
- 47369, IN: higher priced homes
- 46933, IN: higher priced homes
- 47373, IN: equally priced homes
Zip Codes with Similar Populations
- 72160, AR: higher priced homes
- 24293, VA: equally priced homes
- 25541, WV: higher priced homes
- 25560, WV: higher priced homes
- 27542, NC: higher priced homes
- 28204, NC: higher priced homes
- 29670, SC: higher priced homes
- 30752, GA: higher priced homes
- 31411, GA: higher priced homes
- 33540, FL: higher priced homes
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