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Affordable
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These days, finding an affordable place to live in the 47617 area can be challenging. Home prices in 47617 are now at a median cost of $314,800, higher than the Indiana average of $232,932.
The average cost of rent is $684/mo in 47617, primarily driven by the current value of real estate in the 47617 area. In 47617, 23.67% of households rent, and 49.73% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 47617 is $3,737 per month. Households that rent pay about 18.30% of their income on rent here. 47617’s most expensive areas are in the central regions, while the cheapest areas are in the central 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
- 47634, IN: less expensive homes
- 42451, KY: less expensive homes
- 47635, IN: less expensive homes
- 42301, KY: less expensive homes
- 42458, KY: less expensive homes
- 47630, IN: less expensive homes
- 42303, KY: less expensive homes
- 42355, KY: less expensive homes
- 47715, IN: less expensive homes
- 47615, IN: less expensive homes
Zip Codes with Similar Populations
- 83337, ID: higher priced homes
- 30275, GA: equally priced homes
- 30289, GA: higher priced homes
- 30429, GA: less expensive homes
- 30438, GA: less expensive homes
- 30451, GA: less expensive homes
- 30581, GA: equally priced homes
- 82942, WY: less expensive homes
- 83121, WY: less expensive homes
- 29724, SC: less expensive homes
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