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These days, finding an affordable place to live in the 47403 area can be challenging. Home prices in 47403 are now at a median cost of $160,804, lower than the Indiana average of $175,617.
The average cost of rent is $968/mo in 47403, primarily driven by the current value of real estate in the 47403 area. While nearly 38.32% of residents own their homes outright in 47403, 49.47% rent.
Housing affordability isn’t just about home prices, though. The average household income in 47403 is $4,895 per month. Households that rent pay about 19.78% of their income on rent here. 47403's most expensive areas are in the central regions, while the cheapest areas are in the northern parts of the zip.
Nearby Zip Codes
- 47401, IN: higher priced homes
- 47405, IN: higher priced homes
- 47404, IN: higher priced homes
- 47406, IN: higher priced homes
- 47458, IN: higher priced homes
- 47408, IN: higher priced homes
- 47434, IN: higher priced homes
- 47429, IN: equally priced homes
- 47459, IN: equally priced homes
- 47464, IN: equally priced homes
Zip Codes with Similar Populations
- 22630, VA: higher priced homes
- 93001, CA: higher priced homes
- 92649, CA: higher priced homes
- 92373, CA: higher priced homes
- 91791, CA: higher priced homes
- 28409, NC: higher priced homes
- 28104, NC: higher priced homes
- 25801, WV: less expensive homes
- 23235, VA: higher priced homes
- 23233, VA: higher priced homes
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