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These days, finding an affordable place to live in the 47901 area can be challenging. Home prices in 47901 are now at a median cost of $134,710, lower than the Indiana average of $175,617.
The average cost of rent is $851/mo in 47901, primarily driven by the current value of real estate in the 47901 area. While nearly 38.20% of residents own their homes outright in 47901, 82.67% rent.
Housing affordability isn’t just about home prices, though. The average household income in 47901 is $3,723 per month. Households that rent pay about 22.85% of their income on rent here. 47901's most expensive areas are in the northern regions, while the cheapest areas are in the western parts of the zip.
Nearby Zip Codes
- 47904, IN: less expensive homes
- 47907, IN: higher priced homes
- 47906, IN: higher priced homes
- 47905, IN: higher priced homes
- 47909, IN: higher priced homes
- 47941, IN: higher priced homes
- 47924, IN: less expensive homes
- 47920, IN: higher priced homes
- 47992, IN: higher priced homes
- 47970, IN: higher priced homes
Zip Codes with Similar Populations
- 98857, WA: higher priced homes
- 02838, RI: higher priced homes
- 03225, NH: higher priced homes
- 97064, OR: higher priced homes
- 04849, ME: higher priced homes
- 04496, ME: higher priced homes
- 52358, IA: higher priced homes
- 56473, MN: higher priced homes
- 55960, MN: higher priced homes
- 55382, MN: higher priced homes
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