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These days, finding an affordable place to live in the 47879 area can be challenging. Home prices in 47879 are now at a median cost of $99,397, lower than the Indiana average of $232,932.
The average cost of rent is $935/mo in 47879, primarily driven by the current value of real estate in the 47879 area. In 47879, 30.13% of households rent, and 42.93% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 47879 is $4,430 per month. Households that rent pay about 21.11% of their income on rent here. 47879’s most expensive areas are in the southwestern 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
- 47855, IN: equally priced homes
- 47850, IN: higher priced homes
- 47882, IN: higher priced homes
- 47845, IN: higher priced homes
- 47866, IN: higher priced homes
- 47849, IN: higher priced homes
- 47869, IN: higher priced homes
- 47858, IN: higher priced homes
- 47438, IN: higher priced homes
- 47848, IN: higher priced homes
Zip Codes with Similar Populations
- 49310, MI: higher priced homes
- 98813, WA: higher priced homes
- 88312, NM: higher priced homes
- 87328, NM: less expensive homes
- 72101, AR: less expensive homes
- 56515, MN: higher priced homes
- 52208, IA: higher priced homes
- 51002, IA: higher priced homes
- 50579, IA: higher priced homes
- 03576, NH: higher priced homes
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