At $2,159/mo, rent takes about 23% of the local median household income, comfortably within the 30% benchmark.
Rent by unit size
These are HUD Fair Market Rents, the payment standard for a Housing Choice Voucher (Section 8). They often differ from the $2,159 market median above, and that is expected: FMR is the 40th percentile of standard-quality units and counts gross rent, so it includes essential utilities such as electricity, water, gas, sewer, and trash. The market median is asking rent, which usually excludes utilities. HUD sets FMR once a year; market rent here updates monthly.
Source: HUD Small Area Fair Market Rents. Read the methodology →
12-month history
Last updated: October 17, 2026
What the numbers show
Rent in Mccordsville changed +0.8% over the year to September 2026. Across the 49 Indiana cities Zillow tracks, the typical change was +4.5%.
Rent rose in 5 of the last 12 months.
30% of the median household income ($110,692) is $2,767 a month. That covers HUD's Fair Market Rent for up to a 4-bedroom ($2,560).
Lawrence, 5 miles away, rents for 29% less ($1,540/mo), about $7,400 a year in savings.
From Zillow's monthly rent index (ZORI) for Mccordsville. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.
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Who lives here
Mccordsville, IN is majority owner-occupied, has a large share of families with children, has a median income above the national average, 57.8% of residents hold a bachelor's degree or higher.
Source: U.S. Census Bureau · ACS 2024 5-Year Estimates
How Mccordsville, IN has changed in 5 years
On the earnings side, the typical household in Mccordsville, IN now reports about $110,692, up from $95,925 in 2021. Census counts show Mccordsville, IN adding about 1,700 residents over the five-year window, up 19.7% on net. The renter share has risen from 11.4% to 15.3%, with owner-occupied housing accounting for the remainder. Bachelor's-degree-or-higher attainment moved from 53.1% to 57.8% across the same window.
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Can you afford rent in Mccordsville on your salary?
At $2,159/mo, how Mccordsville rent compares to typical pay (30% rule).
Mccordsville rent by bedroom count
Median rent for each apartment size in Mccordsville. Click any size for full breakdown.
Tips for renters in Mccordsville
Last updated: October 17, 2026
The median rent in Mccordsville is $2,159/mo as of October 2026. A studio apartment averages $1,210/mo while a 2-bedroom runs $1,620/mo. One-bedroom apartments average $1,390/mo and 3-bedroom units go for $2,110/mo.
At 23% of local median household income ($110,692/yr), Mccordsville ranks as affordable compared to the national benchmark of 30%. Rents have increased 0.8% over the past year.
Frequently asked questions
How much income do you need to rent in Mccordsville?
Is rent going up or down in Mccordsville?
How does Mccordsville rent compare to other cities in Indiana?
Which nearby cities are cheaper to rent in than Mccordsville?
At $2,159/mo, rent takes ~23% of Mccordsville's median household income ($110,692/yr). The standard benchmark is 30%.
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Estimated from ZIP-level data
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