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These days, finding an affordable place to live in the 47853 area can be challenging. Home prices in 47853 are now at a median cost of $100,807, lower than the Indiana average of $175,617.
The average cost of rent is $864/mo in 47853, primarily driven by the current value of real estate in the 47853 area. While nearly 40.67% of residents own their homes outright in 47853, 23.81% rent.
Housing affordability isn’t just about home prices, though. The average household income in 47853 is $5,216 per month. Households that rent pay about 16.57% of their income on rent here. 47853's most expensive areas are in the western regions, while the cheapest areas are in the northwestern parts of the zip.
Nearby Zip Codes
- 47857, IN: higher priced homes
- 47834, IN: higher priced homes
- 47837, IN: higher priced homes
- 46171, IN: higher priced homes
- 47881, IN: higher priced homes
- 47840, IN: higher priced homes
- 47836, IN: higher priced homes
- 47851, IN: higher priced homes
- 46170, IN: higher priced homes
- 47868, IN: higher priced homes
Zip Codes with Similar Populations
- 70524, LA: less expensive homes
- 58532, ND: higher priced homes
- 58581, ND: equally priced homes
- 58645, ND: higher priced homes
- 01264, MA: higher priced homes
- 58760, ND: higher priced homes
- 58765, ND: higher priced homes
- 59085, MT: equally priced homes
- 59451, MT: higher priced homes
- 68623, NE: less expensive homes
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