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These days, finding an affordable place to live in the 47904 area can be challenging. Home prices in 47904 are now at a median cost of $135,808, lower than the Indiana average of $232,932.
The average cost of rent is $1,013/mo in 47904, primarily driven by the current value of real estate in the 47904 area. In 47904, 56.08% of households rent, and 32.47% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 47904 is $4,320 per month. Households that rent pay about 23.45% of their income on rent here. 47904’s most expensive areas are in the southwestern regions, while the cheapest areas are in the northern 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
- 47901, IN: higher priced homes
- 47907, IN: higher priced homes
- 47905, IN: higher priced homes
- 47906, 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
- 46058, IN: higher priced homes
Zip Codes with Similar Populations
- 81521, CO: higher priced homes
- 03055, NH: higher priced homes
- 22963, VA: higher priced homes
- 64870, MO: higher priced homes
- 07502, NJ: higher priced homes
- 34950, FL: higher priced homes
- 41048, KY: higher priced homes
- 13031, NY: higher priced homes
- 19525, PA: higher priced homes
- 28714, NC: higher priced homes
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