RentDataNowRentDataNow
ZIP Code · IN

ZIP 46055

Pop. 16,010·Hancock County·2nd most expensive ZIP in Indiana
Median rent (all units)
$2,193/mo
Year-over-Year
+3.0%
Month-over-Month
-9.2%
vs US Median
+$228
Falling (Monthly)
Be the first to discuss 46055 rents ↓
Most AffordableMost Expensive
ZIP 46055 · $2,193
More expensive than 69% of US ZIP codes · National median $1,965/mo
Rent check

Is your rent fair?

Compare your rent to the local median.

Medians by bedroom

Rent by unit size

Studio
$1,450
1 BR
$1,640
2 BR
$1,910
3 BR
$2,470
4 BR+
$3,030
Research median
$1,910/mo

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

Rent trends

12-month history

Loading…

Last updated: July 20, 2026

Annual cost
$26,316/yr
At $2,193/mo median
Location
StateIN
CountyHancock County
Rent Market Meter
Strong Renter's Market
Renter's MarketBalancedLandlord's Market
Rents are down 3.0% year-over-year. Push hard on price, concessions, and lease terms.
Based on rent-price momentum (+3.0% YoY, -9.2% MoM), not inventory.
Demographics

Who lives here

ZIP 46055 (McCordsville, IN) is majority owner-occupied, has a large share of families with children, has a median income above the national average, 55.1% of residents hold a bachelor's degree or higher.

Population
16,010
Median income
$113,784
Median age
38.4
Renters
17.7%
Age distribution
26.9%
17.8%
30.3%
12.4%
12.7%
Under 1826.9%
18–3417.8%
35–5430.3%
55–6412.4%
65+12.7%
Gender
48.1%
51.9%
Male48.1%
Female51.9%
Race & ethnicity
80.5%
White80.5%
Black9.8%
Hispanic4.3%
Asian2%
Other3.5%
Education (25+)
18.7%
22.2%
55.1%
No HS diploma4%
HS diploma18.7%
Some college22.2%
Bachelor's+55.1%
Housing tenure
82.3%
17.7%
Owner82.3%
Renter17.7%

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

2021 vs 2026

How ZIP 46055 in McCordsville, IN has changed in 5 years

Income
$99,860 → $113,784
up 13.9%
Population
14,197 → 16,010
up 12.8%
Renter share
13% → 17.7%
+4.7 pts
Bachelor's+
52.6% → 55.1%
+2.5 pts

Household income in the area moved from $99,860 to $113,784 across the same window, up 13.9% versus 2021. Census counts show ZIP 46055 in McCordsville, IN adding about 1,813 residents over the five-year window, up 12.8% on net. The renter share has risen from 13% to 17.7%, with owner-occupied housing accounting for the remainder. Bachelor's-degree-or-higher attainment moved from 52.6% to 55.1% across the same window.

Community

Discussions about ZIP 46055

No discussions yet. Start the conversation.

Local insights

Tips for renters in ZIP 46055

About renting in ZIP 46055

Last updated: July 20, 2026

ZIP code 46055 covers McCordsville, IN. The median rent here is $2,193/mo as of July 2026. A 1-bedroom rents for a median of $1,640/mo. A 2-bedroom rents for a median of $1,910/mo.

At 23% of local median household income ($113,784/yr), ZIP 46055 ranks as affordable compared to the national benchmark of 30%. Rents have increased 3.0% over the past year.

FAQ

Frequently asked questions

How much is rent in ZIP code 46055?

As of July 20, 2026, the median monthly rent in ZIP 46055 (McCordsville, IN) is $2,193. This is based on aggregated data from public sources and community submissions.

How does ZIP 46055 rent compare to the US average?

ZIP 46055's median rent of $2,193/mo is $228 (12%) above the US national median of $1,965/mo.

How does ZIP 46055 compare to other ZIPs in Indiana?

ZIP 46055 is one of the pricier ZIP codes in Indiana, ranking #2 out of 144 ZIPs tracked at $2,193/mo.

How much income do you need to rent in ZIP 46055?

To keep rent at or below 30% of gross income, you would need to earn at least $88,000/year (~$42/hour full-time) to afford the median rent of $2,193/mo in ZIP 46055. The local median household income is $113,784/yr, meaning the typical household meets that threshold.

Is rent going up or down in ZIP 46055?

Rent in ZIP 46055 has increased 3.0% over the past year as of July 20, 2026, putting upward pressure on renter budgets.

Is ZIP 46055 an affordable place to rent?

ZIP 46055 is considered very affordable for renters. At $2,193/mo, rent takes approximately 23% of the local median household income ($113,784/yr). The standard benchmark is 30%. ZIP 46055 falls comfortably within that range.

What percentage of ZIP 46055 residents rent vs. own?

According to Census data, approximately 17.7% of ZIP 46055 households are renters, while 82.3% are owner-occupied. ZIP 46055 leans toward homeownership, which can mean a smaller rental inventory.

How does ZIP 46055 compare to the rest of McCordsville?

ZIP 46055 is pricier than McCordsville as a whole. At $2,193/mo, it's $13 above the McCordsville citywide median of $2,180/mo.

When was rent data for ZIP 46055 last updated?

Rent data for ZIP 46055 reflects July 20, 2026. RentDataNow refreshes all data monthly using public and private datasets.
Income Affordability
23%
VERY AFFORDABLE

At $2,193/mo, rent takes ~23% of ZIP 46055's median household income ($113,784/yr). The standard benchmark is 30%.

ZIP 46055 23%Benchmark 30%
State income tax3.05%
Compare

How does this area stack up?

Pick another city or ZIP to compare.

Schools nearby

Public schools near ZIP 46055 (McCordsville, IN)

Recent submissions

Be the first to submit your rent for this ZIP.

Recent discussions

No discussions yet.