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These days, finding an affordable place to live in the 47404 area can be challenging. Home prices in 47404 are now at a median cost of $176,391, higher than the Indiana average of $175,617.
The average cost of rent is $975/mo in 47404, primarily driven by the current value of real estate in the 47404 area. While nearly 37.51% of residents own their homes outright in 47404, 31.15% rent.
Housing affordability isn’t just about home prices, though. The average household income in 47404 is $5,617 per month. Households that rent pay about 17.36% of their income on rent here. 47404's most expensive areas are in the northwestern regions, while the cheapest areas are in the eastern parts of the zip.
Nearby Zip Codes
- 47406, IN: higher priced homes
- 47405, IN: higher priced homes
- 47408, IN: higher priced homes
- 47403, IN: equally priced homes
- 47429, IN: equally priced homes
- 47401, IN: higher priced homes
- 47464, IN: less expensive homes
- 47458, IN: higher priced homes
- 47468, IN: higher priced homes
- 47459, IN: equally priced homes
Zip Codes with Similar Populations
- 02852, RI: higher priced homes
- 98642, WA: higher priced homes
- 97015, OR: higher priced homes
- 92011, CA: higher priced homes
- 89134, NV: higher priced homes
- 85350, AZ: equally priced homes
- 84093, UT: higher priced homes
- 81501, CO: higher priced homes
- 78757, TX: higher priced homes
- 77026, TX: less expensive homes
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