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Can I Afford to Live in Indiana?

Indiana - Affordable cities, strong manufacturing base, and low cost of living. See median rent, home values, and the most affordable ZIP codes below.

$895/mo
Median Rent
$195K
Median Home
$58K
Median Income

Find ZIP Codes You Can Afford in Indiana

Enter your salary to see neighborhoods in your budget.

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🏠 To Buy in Indiana

With median home value of $195,000, you'd typically need an income of at least $48,750/year and a down payment of $19,500 (10%).

🏘️ To Rent in Indiana

With median rent of $895/month, you should earn at least $32K/year (30% rent-to-income rule). This is below the US median of $1,163/mo.

πŸ’° Median Income

Indiana residents earn a median household income of $57,617/year. Rent takes approximately 19% of median income.

Most Affordable ZIP Codes in Indiana

Ranked by lowest median rent, minimum population 3,000+

# ZIP Β· City Rent/mo Score
1 46201 Indianapolis $747 46
2 46208 Indianapolis $942 52
3 46202 Indianapolis $998 54
4 46204 Indianapolis $1,316 66
5 46220 Indianapolis $2,097 76

Top-Rated Neighborhoods in Indiana

Highest ZipScore - best combination of safety, schools, and quality of life

FAQs: Living in Indiana

What salary do I need to live comfortably in Indiana?

To live comfortably in Indiana, you'd want to earn at least $32,220/year to rent at the median price without being cost-burdened (spending more than 30% of income on housing). To buy at the median home price of $195,000, aim for a salary of $48,750+.

Is Indiana expensive to live in?

Indiana has a median rent of $895/month, which is below the US national median of $1,163. Cost varies significantly by city and neighborhood - the table above shows the most affordable ZIP codes in Indiana.

What is the most affordable city in Indiana?

The most affordable ZIP codes in Indiana are ranked in the table above by median rent. Smaller cities and suburbs typically offer significantly lower costs than the major metro areas. Click any ZIP code to see its full neighborhood profile.

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