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These days, finding an affordable place to live in the 47907 area can be challenging. Home prices in 47907 are now at a median cost of $169,500, lower than the Indiana average of $175,617.
The average cost of rent is $936/mo in 47907, primarily driven by the current value of real estate in the 47907 area. While nearly 31.46% of residents own their homes outright in 47907, 45.68% rent.
Housing affordability isn’t just about home prices, though. The average household income in 47907 is $3,995 per month. Households that rent pay about 23.43% of their income on rent here. 47907's most expensive areas are in the northeastern regions, while the cheapest areas are in the eastern parts of the zip.
Nearby Zip Codes
- 47906, IN: higher priced homes
- 47901, IN: less expensive homes
- 47904, IN: less expensive homes
- 47909, IN: equally priced homes
- 47905, IN: equally priced homes
- 47941, IN: less expensive homes
- 47920, IN: equally priced homes
- 47992, IN: higher priced homes
- 47924, IN: less expensive homes
- 47970, IN: less expensive homes
Zip Codes with Similar Populations
- 50232, IA: equally priced homes
- 73434, OK: less expensive homes
- 68778, NE: less expensive homes
- 68415, NE: equally priced homes
- 67622, KS: less expensive homes
- 55402, MN: higher priced homes
- 54927, WI: higher priced homes
- 54769, WI: higher priced homes
- 52047, IA: less expensive homes
- 51467, IA: less expensive homes
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