Affordable
Expensive
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These days, finding an affordable place to live in the 47387 area can be challenging. Home prices in 47387 are now at a median cost of $138,092, lower than the Indiana average of $175,617.
The average cost of rent is $870/mo in 47387, primarily driven by the current value of real estate in the 47387 area. While nearly 33.82% of residents own their homes outright in 47387, 24.25% rent.
Housing affordability isn’t just about home prices, though. The average household income in 47387 is $5,289 per month. Households that rent pay about 16.45% of their income on rent here. 47387's most expensive areas are in the southern regions, while the cheapest areas are in the northern parts of the zip.
Nearby Zip Codes
- 47335, IN: less expensive homes
- 47352, IN: less expensive homes
- 47327, IN: less expensive homes
- 47362, IN: less expensive homes
- 47370, IN: less expensive homes
- 47385, IN: less expensive homes
- 47337, IN: higher priced homes
- 46127, IN: less expensive homes
- 47357, IN: less expensive homes
- 47346, IN: less expensive homes
Zip Codes with Similar Populations
- 47016, IN: higher priced homes
- 98572, WA: higher priced homes
- 98644, WA: higher priced homes
- 50150, IA: less expensive homes
- 99129, WA: less expensive homes
- 99588, AK: higher priced homes
- 99621, AK: less expensive homes
- 47929, IN: equally priced homes
- 99622, AK: less expensive homes
- 47590, IN: equally priced homes
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