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These days, finding an affordable place to live in the 47437 area can be challenging. Home prices in 47437 are now at a median cost of $149,600, lower than the Indiana average of $175,617.
The average cost of rent is $718/mo in 47437, primarily driven by the current value of real estate in the 47437 area. While nearly 35.70% of residents own their homes outright in 47437, 3.53% rent.
Housing affordability isn’t just about home prices, though. The average household income in 47437 is $4,449 per month. Households that rent pay about 16.14% of their income on rent here. 47437's most expensive areas are in the southern regions, while the cheapest areas are in the northern parts of the zip.
Nearby Zip Codes
- 47581, IN: less expensive homes
- 47470, IN: less expensive homes
- 47446, IN: less expensive homes
- 47452, IN: less expensive homes
- 47553, IN: higher priced homes
- 47451, IN: less expensive homes
- 47421, IN: equally priced homes
- 47522, IN: less expensive homes
- 47467, IN: higher priced homes
- 47519, IN: higher priced homes
Zip Codes with Similar Populations
- 03897, NH: higher priced homes
- 03911, ME: higher priced homes
- 04006, ME: higher priced homes
- 04491, ME: less expensive homes
- 99754, AK: less expensive homes
- 04673, ME: higher priced homes
- 01937, MA: higher priced homes
- 04964, ME: higher priced homes
- 05141, VT: higher priced homes
- 99665, AK: less expensive homes
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