Affordable
Expensive
Expensive
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These days, finding an affordable place to live in the 47631 area can be challenging. Home prices in 47631 are now at a median cost of $170,240, lower than the Indiana average of $175,617.
The average cost of rent is $802/mo in 47631, primarily driven by the current value of real estate in the 47631 area. While nearly 40.39% of residents own their homes outright in 47631, 14.88% rent.
Housing affordability isn’t just about home prices, though. The average household income in 47631 is $5,661 per month. Households that rent pay about 14.17% of their income on rent here. 47631's most expensive areas are in the southeastern regions, while the cheapest areas are in the southwestern parts of the zip.
Nearby Zip Codes
- 47616, IN: less expensive homes
- 47633, IN: less expensive homes
- 47638, IN: higher priced homes
- 62827, IL: less expensive homes
- 62861, IL: less expensive homes
- 62844, IL: less expensive homes
- 47612, IN: less expensive homes
- 62821, IL: less expensive homes
- 47665, IN: less expensive homes
- 47720, IN: equally priced homes
Zip Codes with Similar Populations
- 08311, NJ: equally priced homes
- 57642, SD: less expensive homes
- 57638, SD: less expensive homes
- 55932, MN: higher priced homes
- 71027, LA: less expensive homes
- 53006, WI: higher priced homes
- 49885, MI: equally priced homes
- 49125, MI: higher priced homes
- 44450, OH: less expensive homes
- 72853, AR: less expensive homes
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