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These days, finding an affordable place to live in the 47918 area can be challenging. Home prices in 47918 are now at a median cost of $132,197, lower than the Indiana average of $175,617.
The average cost of rent is $760/mo in 47918, primarily driven by the current value of real estate in the 47918 area. While nearly 33.53% of residents own their homes outright in 47918, 27.46% rent.
Housing affordability isn’t just about home prices, though. The average household income in 47918 is $4,582 per month. Households that rent pay about 16.59% of their income on rent here. 47918's most expensive areas are in the central regions, while the cheapest areas are in the southern parts of the zip.
Nearby Zip Codes
- 47993, IN: less expensive homes
- 47969, IN: equally priced homes
- 47991, IN: less expensive homes
- 47992, IN: higher priced homes
- 47975, IN: higher priced homes
- 47970, IN: higher priced homes
- 47981, IN: higher priced homes
- 47907, IN: higher priced homes
- 47909, IN: higher priced homes
- 47917, IN: equally priced homes
Zip Codes with Similar Populations
- 37096, TN: equally priced homes
- 47610, IN: equally priced homes
- 47353, IN: equally priced homes
- 45226, OH: higher priced homes
- 44842, OH: higher priced homes
- 44243, OH: higher priced homes
- 43465, OH: equally priced homes
- 42717, KY: equally priced homes
- 42544, KY: equally priced homes
- 41169, KY: equally priced homes
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