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ZIP Code · IN

ZIP 46037

Part of Fishers, IN
Pop. 48,713·Hamilton County·11th most expensive ZIP in Indiana
Median rent (all units)
$1,966/mo
Year-over-Year
+10.1%
Month-over-Month
-0.5%
vs US Median
+$1
Stable (Monthly)
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Most AffordableMost Expensive
ZIP 46037 · $1,966
More expensive than 59% of US ZIP codes · National median $1,965/mo
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Medians by bedroom

Rent by unit size

Studio
$1,460
1 BR
$1,650
2 BR
$1,920
3 BR
$2,490
4 BR+
$3,050
Research median
$1,920/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
$23,592/yr
At $1,966/mo median
Location
StateIN
CountyHamilton County
Rent Market Meter
Strong Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are up 10.1% year-over-year. Expect competition, and move quickly to lock in terms.
Based on rent-price momentum (+10.1% YoY, -0.5% MoM), not inventory.
Demographics

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.

Population
48,713
Median income
$141,810
Median age
38.5
Renters
20.3%
Age distribution
29.4%
13.2%
31.7%
13.8%
Under 1829.4%
18–3413.2%
35–5431.7%
55–6412%
65+13.8%
Gender
49.6%
50.4%
Male49.6%
Female50.4%
Race & ethnicity
77.5%
White77.5%
Black3.8%
Hispanic4.7%
Asian10%
Other4.1%
Education (25+)
18.5%
68.7%
No HS diploma2.1%
HS diploma10.7%
Some college18.5%
Bachelor's+68.7%
Housing tenure
79.7%
20.3%
Owner79.7%
Renter20.3%

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

2021 vs 2026

How ZIP 46037 in Fishers, IN has changed in 5 years

Rent
$1,478 → $1,966
up 33.0%
Income
$122,735 → $141,810
up 15.5%
Population
45,306 → 48,713
up 7.5%
Renter share
17.9% → 20.3%
+2.4 pts
Bachelor's+
69.1% → 68.7%
-0.4 pts
Median age
37.5 → 38.5
+1.0 yrs

Rent in ZIP 46037 in Fishers, IN has climbed 33.0% since 2021, going from about $1,478 per month to roughly $1,966 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 17.5 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.

Community

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Local insights

Tips for renters in ZIP 46037

About renting in ZIP 46037

Last updated: July 20, 2026

ZIP code 46037 covers Fishers, IN. The median rent here is $1,966/mo as of July 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 10.1% over the past year.

FAQ

Frequently asked questions

How much is rent in ZIP code 46037?

As of July 20, 2026, the median monthly rent in ZIP 46037 (Fishers, IN) is $1,966. This is based on aggregated data from public sources and community submissions.

How does ZIP 46037 rent compare to the US average?

ZIP 46037's median rent of $1,966/mo is $1 (0%) above the US national median of $1,965/mo.

How does ZIP 46037 compare to other ZIPs in Indiana?

ZIP 46037 is one of the pricier ZIP codes in Indiana, ranking #11 out of 144 ZIPs tracked at $1,966/mo.

How much income do you need to rent in ZIP 46037?

To keep rent at or below 30% of gross income, you would need to earn at least $79,000/year (~$38/hour full-time) to afford the median rent of $1,966/mo in ZIP 46037. The local median household income is $141,810/yr, meaning the typical household meets that threshold.

Is rent going up or down in ZIP 46037?

Rent in ZIP 46037 has increased 10.1% over the past year as of July 20, 2026, putting upward pressure on renter budgets.

Is ZIP 46037 an affordable place to rent?

ZIP 46037 is considered very affordable for renters. At $1,966/mo, rent takes approximately 17% of the local median household income ($141,810/yr). The standard benchmark is 30%. ZIP 46037 falls comfortably within that range.

What percentage of ZIP 46037 residents rent vs. own?

According to Census data, approximately 20.3% of ZIP 46037 households are renters, while 79.7% are owner-occupied. ZIP 46037 leans toward homeownership, which can mean a smaller rental inventory.

How does ZIP 46037 compare to the rest of Fishers?

ZIP 46037 is pricier than Fishers as a whole. At $1,966/mo, it's $83 above the Fishers citywide median of $1,883/mo.

When was rent data for ZIP 46037 last updated?

Rent data for ZIP 46037 reflects July 20, 2026. RentDataNow refreshes all data monthly using public and private datasets.
Income Affordability
17%
VERY AFFORDABLE

At $1,966/mo, rent takes ~17% of ZIP 46037's median household income ($141,810/yr). The standard benchmark is 30%.

ZIP 46037 17%Benchmark 30%
State income tax3.05%
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