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These days, finding an affordable place to live in the 47866 area can be challenging. Home prices in 47866 are now at a median cost of $234,991, higher than the Indiana average of $232,932.
The average cost of rent is $1,203/mo in 47866, primarily driven by the current value of real estate in the 47866 area. In 47866, 25.32% of households rent, and 39.64% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 47866 is $6,228 per month. Households that rent pay about 19.32% of their income on rent here. 47866’s most expensive areas are in the northwestern regions, while the cheapest areas are in the central parts of the zip.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Zip Codes
- 47858, IN: less expensive homes
- 47850, IN: less expensive homes
- 47871, IN: equally priced homes
- 47855, IN: less expensive homes
- 47845, IN: less expensive homes
- 47879, IN: less expensive homes
- 47846, IN: less expensive homes
- 47869, IN: equally priced homes
- 47438, IN: less expensive homes
- 47841, IN: less expensive homes
Zip Codes with Similar Populations
- 57652, SD: less expensive homes
- 55752, MN: higher priced homes
- 56134, MN: less expensive homes
- 56174, MN: less expensive homes
- 97490, OR: higher priced homes
- 97430, OR: higher priced homes
- 96121, CA: less expensive homes
- 95956, CA: higher priced homes
- 95697, CA: higher priced homes
- 57321, SD: higher priced homes
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