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These days, finding an affordable place to live in the 47351 area can be challenging. Home prices in 47351 are now at a median cost of $142,900, lower than the Indiana average of $232,932.
The average cost of rent is $646/mo in 47351, primarily driven by the current value of real estate in the 47351 area. In 47351, 16.91% of households rent, and 46.48% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 47351 is $4,779 per month. Households that rent pay about 13.52% of their income on rent here. 47351’s most expensive areas are in the central 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
- 47384, IN: higher priced homes
- 47344, IN: equally priced homes
- 46186, IN: higher priced homes
- 47385, IN: higher priced homes
- 46148, IN: higher priced homes
- 46056, IN: higher priced homes
- 47388, IN: higher priced homes
- 47362, IN: equally priced homes
- 47337, IN: higher priced homes
- 46117, IN: higher priced homes
Zip Codes with Similar Populations
- 70465, LA: less expensive homes
- 54737, WI: higher priced homes
- 56291, MN: higher priced homes
- 58265, ND: less expensive homes
- 58656, ND: higher priced homes
- 68307, NE: higher priced homes
- 68346, NE: higher priced homes
- 68792, NE: higher priced homes
- 68973, NE: higher priced homes
- 69023, NE: higher priced homes
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