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These days, finding an affordable place to live in the 47846 area can be challenging. Home prices in 47846 are now at a median cost of $115,181, lower than the Indiana average of $175,617.
The average cost of rent is $667/mo in 47846, primarily driven by the current value of real estate in the 47846 area. While nearly 32.29% of residents own their homes outright in 47846, 1.14% rent.
Housing affordability isn’t just about home prices, though. The average household income in 47846 is $7,249 per month. Households that rent pay about 9.20% of their income on rent here. 47846's most expensive areas are in the eastern regions, while the cheapest areas are in the southwestern parts of the zip.
Nearby Zip Codes
- 47871, IN: higher priced homes
- 47840, IN: equally priced homes
- 47841, IN: less expensive homes
- 47881, IN: equally priced homes
- 47858, IN: less expensive homes
- 47866, IN: higher priced homes
- 47803, IN: higher priced homes
- 47802, IN: higher priced homes
- 47833, IN: higher priced homes
- 47427, IN: higher priced homes
Zip Codes with Similar Populations
- 04772, ME: higher priced homes
- 10535, NY: higher priced homes
- 08350, NJ: higher priced homes
- 64440, MO: higher priced homes
- 61872, IL: higher priced homes
- 62054, IL: less expensive homes
- 62217, IL: less expensive homes
- 62268, IL: higher priced homes
- 62421, IL: equally priced homes
- 62682, IL: less expensive homes
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