City Report · IN

Zionsville

Pop. 32,095·13th most expensive in Indiana·Rental market data updated monthly for Zionsville, IN
Median rent (all units)
$1,825/mo
Year-over-Year
+4.2%
Month-over-Month
+0.3%
vs US Median
-$140
Stable (Monthly)
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Most AffordableMost Expensive
Zionsville · $1,825
More affordable than 52% of US cities · National median $1,965/mo
Rent Reality Score
52/100
Fairly priced
OverheatedFairGreat value

Rents are right about where Zionsville's 10-year trend predicts.

Actual rent
$1,825/mo
Expected by trend
$1,846/mo
The Rent Reality Score compares today's median rent to where Zionsville's own long-run trajectory projects it should be. See the full rankings →
Medians by bedroom

Rent by unit size

Studio
$1,390
1 BR
$1,600
2 BR
$1,870
3 BR
$2,430
4 BR+
$2,960
Research median
$1,870/mo

Bedroom estimates are gross rents that include essential utilities (electricity, water, gas, sewer, trash).

Rent trends

12-month history

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Last updated: July 20, 2026

Annual cost
$21,900/yr
At $1,825/mo median
Rent Market Meter
Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are climbing (4.2% YoY), so leverage tilts toward landlords. Act sooner rather than later.
Based on rent-price momentum (+4.2% YoY, +0.3% MoM), not inventory.
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Demographics

Who lives here

Zionsville, IN is majority owner-occupied, has a large share of families with children, has a median income above the national average, 72.4% of residents hold a bachelor's degree or higher.

Population
32,095
Median income
$172,024
Median age
42.1
Renters
15.8%
Age distribution
25.9%
13.1%
32.3%
13.8%
15%
Under 1825.9%
18–3413.1%
35–5432.3%
55–6413.8%
65+15%
Gender
50.1%
49.9%
Male50.1%
Female49.9%
Race & ethnicity
86.2%
White86.2%
Black4.7%
Hispanic3.4%
Asian4.3%
Other1.3%
Education (25+)
15.3%
72.4%
No HS diploma1.1%
HS diploma11.2%
Some college15.3%
Bachelor's+72.4%
Housing tenure
84.2%
15.8%
Owner84.2%
Renter15.8%

Source: U.S. Census Bureau · ACS 2024 5-Year Estimates

2022 vs 2026

How Zionsville, IN has changed in 5 years

Rent
$1,544 → $1,825
up 18.2%
Income
$141,546 → $172,024
up 21.5%
Population
30,258 → 32,095
up 6.1%
Renter share
15.7% → 15.8%
+0.1 pts
Bachelor's+
69.2% → 72.4%
+3.2 pts
Median age
41.3 → 42.1
+0.8 yrs

Five years ago, renters in Zionsville, IN paid around $1,544 a month. That figure now sits near $1,825, up 18.2% from the 2022 baseline. Household income in the area moved from $141,546 to $172,024 across the same window, up 21.5% versus 2021. With wages climbing faster than rent over the same window, renters here have a bit more breathing room than they did five years back. Census counts show Zionsville, IN adding about 1,837 residents over the five-year window, up 6.1% on net. Bachelor's-degree-or-higher attainment moved from 69.2% to 72.4% across the same window. Reading these numbers side by side helps frame whether current listings in Zionsville, IN look reasonable against where the market sat half a decade ago.

Community

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View Zionsville rent history (2015–2026) →
Salary vs rent

Can you afford rent in Zionsville on your salary?

At $1,825/mo, how Zionsville rent compares to typical pay (30% rule).

By apartment size

Zionsville rent by bedroom count

Median rent for each apartment size in Zionsville. Click any size for full breakdown.

Local insights

Tips for renters in Zionsville

About renting in Zionsville, IN

Last updated: July 20, 2026

The median rent in Zionsville is $1,825/mo as of July 2026. A studio apartment averages $1,390/mo while a 2-bedroom runs $1,870/mo. One-bedroom apartments average $1,600/mo and 3-bedroom units go for $2,430/mo.

At 13% of local median household income ($172,024/yr), Zionsville ranks as affordable compared to the national benchmark of 30%. Rents have increased 4.2% over the past year.

FAQ

Frequently asked questions

Is Zionsville an affordable city for renters?

Zionsville is considered very affordable for renters. At $1,825/mo, rent takes approximately 13% of the local median household income ($172,024/yr). The standard benchmark is 30%. Zionsville falls comfortably within that range.

How much income do you need to rent in Zionsville?

To keep rent at or below 30% of gross income, you would need to earn at least $73,000/year (~$35/hour full-time) to afford the median rent of $1,825/mo in Zionsville. The local median household income is $172,024/yr, meaning the typical Zionsville household meets that threshold.

Is rent going up or down in Zionsville?

Rent in Zionsville has increased 4.2% over the past year as of July 2026, putting upward pressure on renter budgets.

How does Zionsville rent compare to other cities in Indiana?

Zionsville is one of the pricier cities in Indiana for rent, ranking #13 out of 65 tracked cities at $1,825/mo.

Which nearby cities are cheaper to rent in than Zionsville?

Sheridan is nearby and more affordable at $1,525/mo, which is $300 less than Zionsville.

What percentage of Zionsville residents rent vs. own?

According to Census data, approximately 15.8% of Zionsville households are renters, while 84.2% are owner-occupied. Zionsville leans toward homeownership, which can mean a smaller rental inventory.

How does Zionsville rent compare to the national average?

Zionsville's median rent of $1,825/mo is $140 (7%) below the US national median of $1,965/mo. Within Indiana, it ranks #13 out of 65 tracked cities.
Income Affordability
13%
VERY AFFORDABLE

At $1,825/mo, rent takes ~13% of Zionsville's median household income ($172,024/yr). The standard benchmark is 30%.

Zionsville 13%Benchmark 30%
State income tax3.05%
Run the Zionsville affordability calculator →
Lowest-rent ZIP codes in Zionsville
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Neighborhoods

Estimated from ZIP-level data

Schools nearby

Public schools near Zionsville, IN

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