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These days, finding an affordable place to live in the 47868 area can be challenging. Home prices in 47868 are now at a median cost of $113,209, lower than the Indiana average of $175,617.
The average cost of rent is $891/mo in 47868, primarily driven by the current value of real estate in the 47868 area. While nearly 51.66% of residents own their homes outright in 47868, 16.16% rent.
Housing affordability isn’t just about home prices, though. The average household income in 47868 is $4,066 per month. Households that rent pay about 21.90% of their income on rent here. 47868's most expensive areas are in the northwestern regions, while the cheapest areas are in the northern parts of the zip.
Nearby Zip Codes
- 47833, IN: higher priced homes
- 47455, IN: equally priced homes
- 46120, IN: higher priced homes
- 47840, IN: equally priced homes
- 46171, IN: higher priced homes
- 47456, IN: higher priced homes
- 46170, IN: higher priced homes
- 47853, IN: less expensive homes
- 47857, IN: equally priced homes
- 47433, IN: higher priced homes
Zip Codes with Similar Populations
- 36311, AL: equally priced homes
- 12514, NY: higher priced homes
- 13606, NY: higher priced homes
- 13656, NY: higher priced homes
- 54101, WI: higher priced homes
- 36553, AL: higher priced homes
- 38357, TN: higher priced homes
- 72554, AR: less expensive homes
- 44401, OH: higher priced homes
- 01360, MA: higher priced homes
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