The Most and Least Expensive Areas to Rent in 47906, IN

47906 renters looking for the least expensive areas to rent should look for the areas towards the red end of the spectrum on the rent cost map. Those who don't mind paying for high-end and luxury apartments should seek out apartments in dark green areas.

 

47906, IN of rent costs by neighborhood
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On average, the cost of rent in 47906 is about $930 per month. This puts it in the 75th percentile compared to the state average cost of rent, which is $960. Households in 47906 have a median income of $5,010 per month so the average renter in 47906 is spending roughly 19% of their earnings on housing.

Nationally, and in 47906, home values are the data point most closely correlated with the cost of rent. The median price of a home in 47906 is $221,935 right now, which is higher than nearby zip codes, meaning that rents in 47906 also tend to be higher versus these nearby zip codes.

Higher rent prices are common in the northern parts of 47906 while lower rent rates are often available in northeastern areas.

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