ZIP Code · IN

ZIP 46012

Part of Anderson, IN

Pop. 20,855·Madison County·93rd most expensive ZIP in Indiana

Median rent (all units)

$1,207/mo

Year-over-Year

+6.0%

Month-over-Month

+1.4%

vs US Median

-$725

Reported rents

Rising (Monthly)

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Most AffordableMost Expensive

ZIP 46012 · $1,207

More affordable than 91% of US ZIP codes · National median $1,932/mo

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Compare your rent to the local median.

Medians by bedroom

Rent by unit size

Studio

$940

1 BR

$970

2 BR

$1,270

3 BR

$1,680

4 BR+

$1,680

Research median

$1,270/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: October 17, 2026

From the history

What the numbers show

Past year vs. the rest of Indiana

Rent in ZIP 46012 changed +6.0% over the year to September 2026. Across the 114 Indiana ZIP codes Zillow tracks, the typical change was +3.9%.

Recent direction

Rent has risen 5 months in a row, and rose in 8 of the last 12 months.

What a typical income covers

30% of the median household income ($58,041) is $1,451 a month. That covers HUD's Fair Market Rent for up to a 2-bedroom ($1,270); a 3-bedroom is $1,680.

Rank in Anderson

3rd cheapest of 3 ZIP codes in Anderson.

Cheaper nearby

ZIP 46016, 5 miles away, rents for 18% less ($988/mo), about $2,600 a year in savings.

From Zillow's monthly rent index (ZORI) for ZIP 46012. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.

Annual cost

$14,484/yr

At $1,207/mo median

Location

CityAnderson

StateIN

CountyMadison County

Rent Market Meter

Strong Landlord's Market

Renter's MarketBalancedLandlord's Market

Rents are up 6.0% year-over-year. Expect competition, and move quickly to lock in terms.

Based on rent-price momentum (+6.0% YoY, +1.4% MoM), not inventory.

Demographics

Who lives here

ZIP 46012 (Anderson, IN) is majority owner-occupied, has a large retiree population, has a median income below the national average, 22.6% of residents hold a bachelor's degree or higher.

Population

20,855

Median income

$58,041

Median age

43.2

Renters

32.3%

Age distribution

18.3%

22.5%

23.3%

12.8%

23.1%

Under 1818.3%

18–3422.5%

35–5423.3%

55–6412.8%

65+23.1%

Gender

50.7%

49.3%

Male50.7%

Female49.3%

Race & ethnicity

87.9%

White87.9%

Black3.4%

Hispanic4.3%

Asian1%

Other3.4%

Education (25+)

35.7%

33.3%

22.6%

No HS diploma8.5%

HS diploma35.7%

Some college33.3%

Bachelor's+22.6%

Housing tenure

67.7%

32.3%

Owner67.7%

Renter32.3%

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

2021 vs 2026

How ZIP 46012 in Anderson, IN has changed in 5 years

Income

$51,528 → $58,041

up 12.6%

Population

19,794 → 20,855

up 5.4%

Renter share

32.8% → 32.3%

-0.5 pts

Bachelor's+

21.2% → 22.6%

+1.4 pts

Median age

41.8 → 43.2

+1.4 yrs

On the earnings side, the typical household in ZIP 46012 in Anderson, IN now reports about $58,041, up from $51,528 in 2021. Headcount in the area went from 19,794 to 20,855 between 2021 and 2024, a 5.4% change.

Community

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Local insights

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About renting in ZIP 46012

Last updated: October 17, 2026

ZIP code 46012 covers Anderson, IN. The median rent here is $1,207/mo as of October 2026. A 1-bedroom rents for a median of $970/mo. A 2-bedroom rents for a median of $1,270/mo.

At 25% of local median household income ($58,041/yr), ZIP 46012 ranks as affordable compared to the national benchmark of 30%. Rents have increased 6.0% over the past year.

FAQ

Frequently asked questions

How much income do you need to rent in ZIP 46012?

To keep rent at or below 30% of gross income, you would need to earn at least $48,000/year (about $23/hour full-time) to afford the median rent of $1,207/mo in ZIP 46012. The local median household income is $58,041/yr, so the typical household meets that bar.

Is rent going up or down in ZIP 46012?

Rent in ZIP 46012 has risen 6.0% over the past year.

How does ZIP 46012 compare to other ZIPs in Indiana?

ZIP 46012 is one of the more affordable among Indiana ZIP codes for rent, ranking #93 of 139 at $1,207/mo. Over the year to September 2026, rent in ZIP 46012 changed +6.0%, against a typical +3.9% across the 114 Indiana ZIP codes Zillow tracks.