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Bainbridge town, IN

ZIP 46105 — Housing & Real Estate

Source: U.S. Census Bureau ACS 2019–2023 5-Year Estimates. Page data updated 2026-08-02.

Middle ClassLow Snow Area

Home values, rent, tenure, and housing stock

Housing & Real Estate in ZIP Code 46105

Median Home Value
$224,200
Median Rent
$679
Affordability Snapshot
$62,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$1,440/mo PITI).

9%
Rent-to-Income Ratio

Below the 30% threshold — generally affordable for median earners.

2.4x
Home Price-to-Income Ratio

Below 3x — relatively affordable housing market.

27.5 yrs
Price-to-Rent Ratio

Years to break even buying vs renting at median home value and rent.

To comfortably buy a median-priced home in ZIP 46105 in Bainbridge town, IN, a household would need roughly $62,000 in annual income under a 20% down, 30-year loan at 6.8% (illustrative), keeping housing costs near 28% of income. Estimated monthly PITI is about $1,440. That sits below the local median household income ($92,946), suggesting the typical household income is closer to a workable buy-in level under these assumptions. Rates, taxes, insurance, and HOA fees vary — treat this as a planning estimate, not a lender quote.

Housing Tenure

Vacancy rate 13% — check local market conditions.

Heating Fuel
Housing Metrics
Owner Occupied
84.0%+28% vs US avg
x
Vacancy Rate
12.9%+25% vs US avg
x
Broadband Access
88.7%+2% vs US avg
x
4+ Bedrooms
7.3%-50% vs US avg
x
Built Pre-1939
5.2%-60% vs US avg
x
Built Post-2014
0.4%-94% vs US avg
x
Rent Burden >30%
11.1%-78% vs US avg
x
Mortgage-Free
26.3%-31% vs US avg
x
$224,200
Home Value
$679
Rent
1975
Year Built
2013
Moved In

Residents have lived here since ~2013 on average

Housing Structure

Census ACS structure types (single-family, multi-unit, etc.).

  • 1-unit detached91.1%
  • 1-unit attached0.0%
  • 2-9 units3.4%
  • 10+ units0.0%
  • Mobile home & other5.5%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$224,200
Median rent$679
Owner-occupied84.0%
Vacant12.9%
Price-to-income2.4x
Est. income to buy$62,000