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These days, finding an affordable place to live in the 47527 area can be challenging. Home prices in 47527 are now at a median cost of $236,240, higher than the Indiana average of $232,932.
The average cost of rent is $925/mo in 47527, primarily driven by the current value of real estate in the 47527 area. In 47527, 15.83% of households rent, and 51.71% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 47527 is $7,035 per month. Households that rent pay about 13.14% of their income on rent here. 47527’s most expensive areas are in the southeastern 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
- 47521, IN: higher priced homes
- 47580, IN: equally priced homes
- 47432, IN: less expensive homes
- 47546, IN: equally priced homes
- 47575, IN: equally priced homes
- 47513, IN: less expensive homes
- 47469, IN: less expensive homes
- 47116, IN: less expensive homes
- 47175, IN: less expensive homes
- 47564, IN: less expensive homes
Zip Codes with Similar Populations
- 74038, OK: less expensive homes
- 45634, OH: less expensive homes
- 46182, IN: equally priced homes
- 47273, IN: less expensive homes
- 47384, IN: less expensive homes
- 47513, IN: less expensive homes
- 01053, MA: higher priced homes
- 49653, MI: higher priced homes
- 49751, MI: equally priced homes
- 54930, WI: equally priced homes
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