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These days, finding an affordable place to live in the 47838 area can be challenging. Home prices in 47838 are now at a median cost of $82,081, lower than the Indiana average of $175,617.
The average cost of rent is $692/mo in 47838, primarily driven by the current value of real estate in the 47838 area. While nearly 52.28% of residents own their homes outright in 47838, 19.16% rent.
Housing affordability isn’t just about home prices, though. The average household income in 47838 is $4,287 per month. Households that rent pay about 16.14% of their income on rent here. 47838's most expensive areas are in the southwestern regions, while the cheapest areas are in the northern parts of the zip.
Nearby Zip Codes
- 47865, IN: equally priced homes
- 47561, IN: higher priced homes
- 47535, IN: equally priced homes
- 47882, IN: higher priced homes
- 47848, IN: higher priced homes
- 47861, IN: higher priced homes
- 47596, IN: equally priced homes
- 62451, IL: equally priced homes
- 47578, IN: higher priced homes
- 47528, IN: less expensive homes
Zip Codes with Similar Populations
- 23890, VA: higher priced homes
- 27871, NC: equally priced homes
- 85540, AZ: higher priced homes
- 86044, AZ: less expensive homes
- 25514, WV: less expensive homes
- 25420, WV: higher priced homes
- 25053, WV: higher priced homes
- 25015, WV: higher priced homes
- 24554, VA: higher priced homes
- 24486, VA: higher priced homes
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