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Lake Village CDP, IN

ZIP 46349 — 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 46349

Median Home Value
$198,300
Median Rent
$631
Affordability Snapshot
$55,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$1,274/mo PITI).

10%
Rent-to-Income Ratio

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

2.6x
Home Price-to-Income Ratio

Below 3x — relatively affordable housing market.

26.2 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 46349 in Lake Village CDP, IN, a household would need roughly $55,000 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 $1,274. That sits below the local median household income ($75,057), 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

Owner-occupied majority; balanced tenure mix.

Heating Fuel
Housing Metrics
Owner Occupied
75.9%+16% vs US avg
x
Vacancy Rate
7.4%-28% vs US avg
x
Broadband Access
89.5%+3% vs US avg
x
4+ Bedrooms
0.4%-98% vs US avg
x
Built Pre-1939
9.3%-28% vs US avg
x
Built Post-2014
1.2%-83% vs US avg
x
Rent Burden >30%
47.8%-4% vs US avg
x
Mortgage-Free
28.1%-26% vs US avg
x
$198,300
Home Value
$631
Rent
1976
Year Built
2012
Moved In

Residents have lived here since ~2012 on average

Housing Structure

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

  • 1-unit detached85.3%
  • 1-unit attached0.0%
  • 2-9 units5.5%
  • 10+ units0.0%
  • Mobile home & other9.2%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$198,300
Median rent$631
Owner-occupied75.9%
Vacant7.4%
Price-to-income2.6x
Est. income to buy$55,000