ZIP Code · IN

ZIP 46052

Part of Lebanon, IN

Pop. 23,553·Boone County·20th most expensive ZIP in Indiana

Median rent (all units)

$1,819/mo

Year-over-Year

+10.6%

Month-over-Month

+1.7%

vs US Median

-$113

Reported rents

Rising (Monthly)

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Most AffordableMost Expensive

ZIP 46052 · $1,819

More expensive than 50% of US ZIP codes · National median $1,932/mo

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Medians by bedroom

Rent by unit size

Studio

$930

1 BR

$1,060

2 BR

$1,230

3 BR

$1,590

4 BR+

$1,950

Research median

$1,230/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 46052 changed +10.6% 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 9 months in a row, and rose in 10 of the last 12 months.

What a typical income covers

30% of the median household income ($68,930) is $1,723 a month. That covers HUD's Fair Market Rent for up to a 3-bedroom ($1,590); a 4-bedroom is $1,950.

From Zillow's monthly rent index (ZORI) for ZIP 46052. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.

Annual cost

$21,828/yr

At $1,819/mo median

Location

CityLebanon

StateIN

CountyBoone County

Rent Market Meter

Strong Landlord's Market

Renter's MarketBalancedLandlord's Market

Rents are up 10.6% year-over-year. Expect competition, and move quickly to lock in terms.

Based on rent-price momentum (+10.6% YoY, +1.7% MoM), not inventory.

Demographics

Who lives here

ZIP 46052 (Lebanon, IN) is majority owner-occupied, 25.6% of residents hold a bachelor's degree or higher.

Population

23,553

Median income

$68,930

Median age

37.2

Renters

25.2%

Age distribution

23.1%

24%

22.7%

12.5%

17.7%

Under 1823.1%

18–3424%

35–5422.7%

55–6412.5%

65+17.7%

Gender

48.5%

51.5%

Male48.5%

Female51.5%

Race & ethnicity

91.7%

White91.7%

Black0.7%

Hispanic6%

Other1.4%

Education (25+)

33.4%

30.4%

25.6%

No HS diploma10.5%

HS diploma33.4%

Some college30.4%

Bachelor's+25.6%

Housing tenure

74.8%

25.2%

Owner74.8%

Renter25.2%

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

2021 vs 2026

How ZIP 46052 in Lebanon, IN has changed in 5 years

Income

$64,934 → $68,930

up 6.2%

Population

23,133 → 23,553

up 1.8%

Renter share

25.7% → 25.2%

-0.5 pts

Bachelor's+

26.3% → 25.6%

-0.7 pts

Median age

39.6 → 37.2

-2.4 yrs

Local incomes tracked alongside that move, going from a median of $64,934 in 2021 to $68,930 more recently. Census counts show ZIP 46052 in Lebanon, IN adding about 420 residents over the five-year window, up 1.8% on net.

Community

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Local insights

Tips for renters in ZIP 46052

About renting in ZIP 46052

Last updated: October 17, 2026

ZIP code 46052 covers Lebanon, IN. The median rent here is $1,819/mo as of October 2026. A 1-bedroom rents for a median of $1,060/mo. A 2-bedroom rents for a median of $1,230/mo.

At 32% of local median household income ($68,930/yr), ZIP 46052 ranks as moderate compared to the national benchmark of 30%. Rents have increased 10.6% over the past year.

FAQ

Frequently asked questions

How much income do you need to rent in ZIP 46052?

To keep rent at or below 30% of gross income, you would need to earn at least $73,000/year (about $35/hour full-time) to afford the median rent of $1,819/mo in ZIP 46052. The local median household income is $68,930/yr, so the typical household falls short of that bar.

Is rent going up or down in ZIP 46052?

Rent in ZIP 46052 has risen 10.6% over the past year.

How does ZIP 46052 compare to other ZIPs in Indiana?

ZIP 46052 is one of the pricier among Indiana ZIP codes for rent, ranking #20 of 139 at $1,819/mo. Over the year to September 2026, rent in ZIP 46052 changed +10.6%, against a typical +3.9% across the 114 Indiana ZIP codes Zillow tracks.