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These days, finding an affordable place to live in the 47386 area can be challenging. Home prices in 47386 are now at a median cost of $180,189, lower than the Indiana average of $232,932.
The average cost of rent is $927/mo in 47386, primarily driven by the current value of real estate in the 47386 area. In 47386, 4.11% of households rent, and 53.43% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 47386 is $6,383 per month. Households that rent pay about 14.53% of their income on rent here. 47386’s most expensive areas are in the southeastern regions, while the cheapest areas are in the northwestern 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
- 47367, IN: less expensive homes
- 47361, IN: higher priced homes
- 47388, IN: equally priced homes
- 47360, IN: equally priced homes
- 47302, IN: less expensive homes
- 47356, IN: equally priced homes
- 47362, IN: less expensive homes
- 47354, IN: less expensive homes
- 47383, IN: less expensive homes
- 47334, IN: equally priced homes
Zip Codes with Similar Populations
- 03280, NH: higher priced homes
- 04410, ME: equally priced homes
- 04942, ME: equally priced homes
- 06409, CT: higher priced homes
- 15952, PA: equally priced homes
- 55722, MN: higher priced homes
- 71323, LA: less expensive homes
- 70353, LA: less expensive homes
- 68939, NE: less expensive homes
- 68924, NE: higher priced homes
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