ZIP 46037
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12-month history
Last updated: October 17, 2026
What the numbers show
January. Asking rents in ZIP 46037 usually run 1.3% below trend in January and 1.2% above it in July, about $51 a month apart at today's median. Based on 9 years of data.
Rent in ZIP 46037 is at its highest level since Zillow's records here began in January 2017.
Rent in ZIP 46037 changed +8.3% over the year to September 2026. Across the 114 Indiana ZIP codes Zillow tracks, the typical change was +3.9%.
From 2019 to 2024, rent in ZIP 46037 rose 35.4% while median household income rose 17.4% ($120,764 to $141,810). Rent outpaced income.
Rent in ZIP 46037 is 44.3% higher than in March 2020. Across the US, rent is up 37.3% over the same stretch.
Rent has risen 6 months in a row, and rose in 11 of the last 12 months.
30% of the median household income ($141,810) is $3,545 a month. That covers HUD's Fair Market Rent for up to a 4-bedroom ($3,050).
ZIP 46038, 4 miles away, rents for 12% less ($1,815/mo), about $2,900 a year in savings.
From Zillow's monthly rent index (ZORI) for ZIP 46037. The seasonal pattern compares Zillow’s seasonally adjusted and unadjusted series. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.
Who lives here
ZIP 46037 (Fishers, IN) is majority owner-occupied, has a large share of families with children, has a median income above the national average, 68.7% of residents hold a bachelor's degree or higher.
Source: U.S. Census Bureau · ACS 2024 5-Year Estimates
How ZIP 46037 in Fishers, IN has changed in 5 years
Rent in ZIP 46037 in Fishers, IN has climbed 36.2% since 2021, going from about $1,508 per month to roughly $2,054 today. Household income in the area moved from $122,735 to $141,810 across the same window, up 15.5% versus 2021. Rent outpaced income growth by roughly 20.7 percentage points, which means renters are spending a larger slice of each paycheck on housing than they did in 2021. Headcount in the area went from 45,306 to 48,713 between 2021 and 2024, a 7.5% change. About 20.3% of households rent today, against 17.9% in 2021. Reading these numbers side by side helps frame whether current listings in ZIP 46037 in Fishers, IN look reasonable against where the market sat half a decade ago.
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Tips for renters in ZIP 46037
Last updated: October 17, 2026
ZIP code 46037 covers Fishers, IN. The median rent here is $2,054/mo as of October 2026. A 1-bedroom rents for a median of $1,650/mo. A 2-bedroom rents for a median of $1,920/mo.
At 17% of local median household income ($141,810/yr), ZIP 46037 ranks as affordable compared to the national benchmark of 30%. Rents have increased 8.3% over the past year.
Frequently asked questions
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How does ZIP 46037 compare to other ZIPs in Indiana?
How does ZIP 46037 compare to the rest of Fishers?
At $2,054/mo, rent takes ~17% of ZIP 46037's median household income ($141,810/yr). The standard benchmark is 30%.
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