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These days, finding an affordable place to live in the 47421 area can be challenging. Home prices in 47421 are now at a median cost of $193,365, lower than the Indiana average of $232,932.
The average cost of rent is $905/mo in 47421, primarily driven by the current value of real estate in the 47421 area. In 47421, 19.87% of households rent, and 40.99% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 47421 is $5,866 per month. Households that rent pay about 15.44% of their income on rent here. 47421’s most expensive areas are in the northwestern regions, while the cheapest areas are in the northern 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
- 47451, IN: less expensive homes
- 47420, IN: higher priced homes
- 47436, IN: higher priced homes
- 47470, IN: equally priced homes
- 47446, IN: less expensive homes
- 47462, IN: equally priced homes
- 47467, IN: less expensive homes
- 47264, IN: equally priced homes
- 47437, IN: less expensive homes
- 47453, IN: higher priced homes
Zip Codes with Similar Populations
- 02861, RI: higher priced homes
- 37206, TN: higher priced homes
- 28715, NC: higher priced homes
- 28560, NC: higher priced homes
- 22401, VA: higher priced homes
- 17325, PA: higher priced homes
- 16509, PA: higher priced homes
- 13905, NY: less expensive homes
- 12804, NY: higher priced homes
- 06340, CT: higher priced homes
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