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These days, finding an affordable place to live in the 47832 area can be challenging. Home prices in 47832 are now at a median cost of $104,709, lower than the Indiana average of $175,617.
The average cost of rent is $942/mo in 47832, primarily driven by the current value of real estate in the 47832 area. While nearly 46.53% of residents own their homes outright in 47832, 19.83% rent.
Housing affordability isn’t just about home prices, though. The average household income in 47832 is $5,312 per month. Households that rent pay about 17.74% of their income on rent here. 47832's most expensive areas are in the southern regions, while the cheapest areas are in the southeastern parts of the zip.
Nearby Zip Codes
- 47859, IN: equally priced homes
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- 47966, IN: less expensive homes
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- 47860, IN: less expensive homes
- 47989, IN: equally priced homes
- 47847, IN: less expensive homes
- 47928, IN: less expensive homes
Zip Codes with Similar Populations
- 79789, TX: equally priced homes
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- 36740, AL: less expensive homes
- 37688, TN: higher priced homes
- 38061, TN: equally priced homes
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