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These days, finding an affordable place to live in the 47557 area can be challenging. Home prices in 47557 are now at a median cost of $133,296, lower than the Indiana average of $175,617.
The average cost of rent is $917/mo in 47557, primarily driven by the current value of real estate in the 47557 area. While nearly 50.68% of residents own their homes outright in 47557, 17.58% rent.
Housing affordability isn’t just about home prices, though. The average household income in 47557 is $5,854 per month. Households that rent pay about 15.66% of their income on rent here. 47557's most expensive areas are in the northwestern regions, while the cheapest areas are in the northeastern parts of the zip.
Nearby Zip Codes
- 47597, IN: higher priced homes
- 47567, IN: less expensive homes
- 47591, IN: equally priced homes
- 47501, IN: equally priced homes
- 47524, IN: higher priced homes
- 47640, IN: less expensive homes
- 47564, IN: equally priced homes
- 62460, IL: less expensive homes
- 47666, IN: equally priced homes
- 47558, IN: higher priced homes
Zip Codes with Similar Populations
- 47345, IN: less expensive homes
- 52768, IA: higher priced homes
- 52640, IA: equally priced homes
- 52161, IA: equally priced homes
- 52141, IA: less expensive homes
- 50635, IA: equally priced homes
- 50543, IA: less expensive homes
- 50056, IA: higher priced homes
- 49724, MI: higher priced homes
- 49459, MI: less expensive homes
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