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These days, finding an affordable place to live in the 47920 area can be challenging. Home prices in 47920 are now at a median cost of $174,749, lower than the Indiana average of $175,617.
The average cost of rent is $868/mo in 47920, primarily driven by the current value of real estate in the 47920 area. While nearly 30.25% of residents own their homes outright in 47920, 15.45% rent.
Housing affordability isn’t just about home prices, though. The average household income in 47920 is $6,846 per month. Households that rent pay about 12.68% of their income on rent here. 47920's most expensive areas are in the western regions, while the cheapest areas are in the southeastern parts of the zip.
Nearby Zip Codes
- 47924, IN: less expensive homes
- 47923, IN: less expensive homes
- 47904, IN: less expensive homes
- 47906, IN: higher priced homes
- 47905, IN: equally priced homes
- 47901, IN: less expensive homes
- 47907, IN: equally priced homes
- 46923, IN: less expensive homes
- 47929, IN: less expensive homes
- 47997, IN: less expensive homes
Zip Codes with Similar Populations
- 67228, KS: higher priced homes
- 02110, MA: higher priced homes
- 45645, OH: less expensive homes
- 52045, IA: higher priced homes
- 54009, WI: higher priced homes
- 56342, MN: higher priced homes
- 56623, MN: equally priced homes
- 61540, IL: less expensive homes
- 64840, MO: less expensive homes
- 39766, MS: less expensive homes
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