Cheapest ZIPs in Madison County, IN
The 10 most affordable ZIP codes in Madison County, IN with HavenScore: 60 or higher, ranked by median home value. Refreshed September 2026.
- 146016Anderson, IN$84,473HavenScore: 66
- 246036Elwood, IN$157,727HavenScore: 63
- 346001Alexandria, IN$184,412HavenScore: 63
- 446012Anderson, IN$187,743HavenScore: 64
- 546017Chesterfield, IN$194,174HavenScore: 61
- 646044Frankton, IN$202,484HavenScore: 64
- 746011Anderson, IN$214,064HavenScore: 64
- 846051Lapel, IN$232,488HavenScore: 61
- 946064Pendleton, IN$340,822HavenScore: 61
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Frequently asked questions
- How is "cheapest" measured in this list?
- ZIPs are ranked by median home value from lowest to highest, filtered to only those with HavenScore: 60 or above. The score filter excludes ZIPs where low prices correlate with weak growth, high risk, or economic decline.
- Are these really the 10 cheapest ZIPs in Madison County, IN?
- These are the 10 most affordable ZIPs that also pass our quality filter (HavenScore: 60 or higher). ZIPs with low scores are excluded to surface genuinely good buys rather than declining markets.
- How often is this list updated?
- This page refreshes monthly when our pipeline ingests new data from Zillow, Redfin, Census, FHFA, and FRED.