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These days, finding an affordable place to live in the 47396 area can be challenging. Home prices in 47396 are now at a median cost of $203,501, lower than the Indiana average of $232,932.
The average cost of rent is $910/mo in 47396, primarily driven by the current value of real estate in the 47396 area. In 47396, 13.60% of households rent, and 32.15% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 47396 is $7,980 per month. Households that rent pay about 11.40% of their income on rent here. 47396’s most expensive areas are in the northeastern regions, while the cheapest areas are in the eastern 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
- 47304, IN: less expensive homes
- 47334, IN: less expensive homes
- 47305, IN: less expensive homes
- 47302, IN: less expensive homes
- 47303, IN: less expensive homes
- 46017, IN: less expensive homes
- 47367, IN: less expensive homes
- 46012, IN: less expensive homes
- 47356, IN: equally priced homes
- 46001, IN: less expensive homes
Zip Codes with Similar Populations
- 40390, KY: higher priced homes
- 75765, TX: equally priced homes
- 75207, TX: higher priced homes
- 75161, TX: higher priced homes
- 70584, LA: equally priced homes
- 46783, IN: higher priced homes
- 44627, OH: higher priced homes
- 44303, OH: higher priced homes
- 43619, OH: less expensive homes
- 41041, KY: less expensive homes
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