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These days, finding an affordable place to live in the 47884 area can be challenging. Home prices in 47884 are now at a median cost of $161,900, lower than the Indiana average of $232,932.
The average cost of rent is $567/mo in 47884, primarily driven by the current value of real estate in the 47884 area. In 47884, 9.93% of households rent, and 50.98% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 47884 is $6,302 per month. Households that rent pay about 9.00% of their income on rent here. 47884’s most expensive areas are in the central 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
- 47880, IN: higher priced homes
- 47863, IN: less expensive homes
- 47842, IN: less expensive homes
- 47831, IN: less expensive homes
- 61955, IL: equally priced homes
- 47876, IN: less expensive homes
- 47805, IN: higher priced homes
- 47874, IN: equally priced homes
- 47860, IN: less expensive homes
- 47851, IN: equally priced homes
Zip Codes with Similar Populations
- 65320, MO: higher priced homes
- 73571, OK: equally priced homes
- 67482, KS: higher priced homes
- 67478, KS: higher priced homes
- 67334, KS: less expensive homes
- 67071, KS: less expensive homes
- 67021, KS: less expensive homes
- 66728, KS: less expensive homes
- 65784, MO: equally priced homes
- 65715, MO: higher priced homes
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