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These days, finding an affordable place to live in the 47388 area can be challenging. Home prices in 47388 are now at a median cost of $177,800, higher than the Indiana average of $175,617.
The average cost of rent is $578/mo in 47388, primarily driven by the current value of real estate in the 47388 area. While nearly 52.60% of residents own their homes outright in 47388, 22.42% rent.
Housing affordability isn’t just about home prices, though. The average household income in 47388 is $4,275 per month. Households that rent pay about 13.52% of their income on rent here. 47388's most expensive areas are in the eastern regions, while the cheapest areas are in the northeastern parts of the zip.
Nearby Zip Codes
- 47361, IN: equally priced homes
- 47386, IN: less expensive homes
- 47356, IN: less expensive homes
- 47367, IN: less expensive homes
- 47362, IN: less expensive homes
- 47351, IN: less expensive homes
- 46056, IN: equally priced homes
- 47334, IN: less expensive homes
- 47384, IN: less expensive homes
- 47360, IN: less expensive homes
Zip Codes with Similar Populations
- 72429, AR: less expensive homes
- 58725, ND: higher priced homes
- 58768, ND: equally priced homes
- 59053, MT: less expensive homes
- 59827, MT: higher priced homes
- 59856, MT: higher priced homes
- 61812, IL: less expensive homes
- 68785, NE: less expensive homes
- 68976, NE: higher priced homes
- 69125, NE: less expensive homes
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