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ZIP Code · IN

ZIP 46069

Part of Sheridan, IN
Pop. 7,504·Hamilton County·48th most expensive ZIP in Indiana
Median rent (all units)
$1,525/mo
Year-over-Year
Stable
Month-over-Month
+29.2%
vs US Median
-$440
Rising (Monthly)
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Most AffordableMost Expensive
ZIP 46069 · $1,525
More affordable than 70% of US ZIP codes · National median $1,965/mo
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Compare your rent to the local median.

Medians by bedroom

Rent by unit size

Studio
$890
1 BR
$1,010
2 BR
$1,180
3 BR
$1,520
4 BR+
$1,860
Research median
$1,180/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: March 21, 2026

Annual cost
$18,300/yr
At $1,525/mo median
Location
StateIN
CountyHamilton County
Rent Market Meter
Strong Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are up 0.0% year-over-year. Expect competition, and move quickly to lock in terms.
Based on rent-price momentum (+0.0% YoY, +29.2% MoM), not inventory.
Demographics

Who lives here

ZIP 46069 (Sheridan, IN) is majority owner-occupied, 31.3% of residents hold a bachelor's degree or higher.

Population
7,504
Median income
$76,990
Median age
45
Renters
20.7%
Age distribution
20.6%
18.1%
22.6%
18.9%
19.8%
Under 1820.6%
18–3418.1%
35–5422.6%
55–6418.9%
65+19.8%
Gender
51.7%
48.3%
Male51.7%
Female48.3%
Race & ethnicity
94.2%
White94.2%
Hispanic3.3%
Other2.3%
Education (25+)
37.8%
25.4%
31.3%
No HS diploma5.5%
HS diploma37.8%
Some college25.4%
Bachelor's+31.3%
Housing tenure
79.3%
20.7%
Owner79.3%
Renter20.7%

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

2021 vs 2026

How ZIP 46069 in Sheridan, IN has changed in 5 years

Income
$63,645 → $76,990
up 21.0%
Population
6,813 → 7,504
up 10.1%
Renter share
22.3% → 20.7%
-1.6 pts
Bachelor's+
22.5% → 31.3%
+8.8 pts
Median age
46.1 → 45
-1.1 yrs

Local incomes tracked alongside that move, going from a median of $63,645 in 2021 to $76,990 more recently. The population has grown by 10.1% since 2021, moving from about 6,813 residents to roughly 7,504. Renters now make up 20.7% of households, compared with 22.3% five years ago. College-educated residents now make up 31.3% of adults here, versus 22.5% in 2021.

Community

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Local insights

Tips for renters in ZIP 46069

About renting in ZIP 46069

Last updated: March 21, 2026

ZIP code 46069 covers Sheridan, IN. The median rent here is $1,525/mo as of March 2026. A 1-bedroom rents for a median of $1,010/mo. A 2-bedroom rents for a median of $1,180/mo.

At 24% of local median household income ($76,990/yr), ZIP 46069 ranks as affordable compared to the national benchmark of 30%. Rent prices have stayed steady over the past year.

FAQ

Frequently asked questions

How much is rent in ZIP code 46069?

As of March 21, 2026, the median monthly rent in ZIP 46069 (Sheridan, IN) is $1,525. This is based on aggregated data from public sources and community submissions.

How does ZIP 46069 rent compare to the US average?

ZIP 46069's median rent of $1,525/mo is $440 (22%) below the US national median of $1,965/mo.

How does ZIP 46069 compare to other ZIPs in Indiana?

ZIP 46069 falls in the middle range for Indiana, ranking #48 out of 135 ZIPs at $1,525/mo.

How much income do you need to rent in ZIP 46069?

To keep rent at or below 30% of gross income, you would need to earn at least $61,000/year (~$29/hour full-time) to afford the median rent of $1,525/mo in ZIP 46069. The local median household income is $76,990/yr, meaning the typical household meets that threshold.

Is rent going up or down in ZIP 46069?

Rent in ZIP 46069 has been relatively stable over the past year, with a 0.0% change year over year as of March 21, 2026.

Is ZIP 46069 an affordable place to rent?

ZIP 46069 is considered very affordable for renters. At $1,525/mo, rent takes approximately 24% of the local median household income ($76,990/yr). The standard benchmark is 30%. ZIP 46069 falls comfortably within that range.

What percentage of ZIP 46069 residents rent vs. own?

According to Census data, approximately 20.7% of ZIP 46069 households are renters, while 79.3% are owner-occupied. ZIP 46069 leans toward homeownership, which can mean a smaller rental inventory.

How does ZIP 46069 compare to the rest of Sheridan?

ZIP 46069 sits right at the Sheridan citywide median of $1,525/mo.

When was rent data for ZIP 46069 last updated?

Rent data for ZIP 46069 reflects March 21, 2026. RentDataNow refreshes all data monthly using public and private datasets.
Income Affordability
24%
VERY AFFORDABLE

At $1,525/mo, rent takes ~24% of ZIP 46069's median household income ($76,990/yr). The standard benchmark is 30%.

ZIP 46069 24%Benchmark 30%
State income tax3.05%
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Schools nearby

Public schools near ZIP 46069 (Sheridan, IN)

Recent submissions

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