ZIP Code · IN

ZIP 46077

Pop. 36,760·Boone County·14th most expensive ZIP in Indiana
Median rent (all units)
$1,890/mo
Year-over-Year
+8.1%
Month-over-Month
+1.6%
vs US Median
-$42
Reported rents
Rising (Monthly)
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Most AffordableMost Expensive
ZIP 46077 · $1,890
More expensive than 55% of US ZIP codes · National median $1,932/mo
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Medians by bedroom

Rent by unit size

Studio
$1,610
1 BR
$1,820
2 BR
$2,120
3 BR
$2,750
4 BR+
$3,370
Research median
$2,120/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

Compared with the peak

Rent in ZIP 46077 is at its highest level since Zillow's records here began in December 2021.

Past year vs. the rest of Indiana

Rent in ZIP 46077 changed +8.1% 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 6 months in a row, and rose in 9 of the last 12 months.

What a typical income covers

30% of the median household income ($177,679) is $4,442 a month. That covers HUD's Fair Market Rent for up to a 4-bedroom ($3,370).

Cheaper nearby

ZIP 46268, 6 miles away, rents for 21% less ($1,498/mo), about $4,700 a year in savings.

From Zillow's monthly rent index (ZORI) for ZIP 46077. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.

Annual cost
$22,680/yr
At $1,890/mo median
Location
StateIN
CountyBoone County
Rent Market Meter
Strong Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are up 8.1% year-over-year. Expect competition, and move quickly to lock in terms.
Based on rent-price momentum (+8.1% YoY, +1.6% MoM), not inventory.
Demographics

Who lives here

ZIP 46077 (Zionsville, IN) is majority owner-occupied, has a large share of families with children, has a median income above the national average, 74.1% of residents hold a bachelor's degree or higher.

Population
36,760
Median income
$177,679
Median age
40.6
Renters
16.9%
Age distribution
28.6%
13.3%
32.4%
12.8%
12.9%
Under 1828.6%
18–3413.3%
35–5432.4%
55–6412.8%
65+12.9%
Gender
50.3%
49.7%
Male50.3%
Female49.7%
Race & ethnicity
82.7%
White82.7%
Black4.9%
Hispanic4.3%
Asian7.1%
Other1%
Education (25+)
15.7%
74.1%
No HS diploma1.3%
HS diploma8.9%
Some college15.7%
Bachelor's+74.1%
Housing tenure
83.1%
16.9%
Owner83.1%
Renter16.9%

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

2022 vs 2026

How ZIP 46077 in Zionsville, IN has changed in 5 years

Rent
$1,522 → $1,890
up 24.2%
Income
$145,774 → $177,679
up 21.9%
Population
32,916 → 36,760
up 11.7%
Renter share
15.4% → 16.9%
+1.5 pts
Bachelor's+
71.3% → 74.1%
+2.8 pts
Median age
39 → 40.6
+1.6 yrs

Since 2022, the typical rent in ZIP 46077 in Zionsville, IN has climbed from $1,522 to $1,890, a 24.2% change over five years. Census figures show median household income at $177,679 today, compared with $145,774 five years earlier. The population has grown by 11.7% since 2021, moving from about 32,916 residents to roughly 36,760. Renters now make up 16.9% of households, compared with 15.4% five years ago. College-educated residents now make up 74.1% of adults here, versus 71.3% in 2021. The combined trend lines point to a market that has changed measurably from where it stood in early 2022.

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Local insights

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About renting in ZIP 46077

Last updated: October 17, 2026

ZIP code 46077 covers Zionsville, IN. The median rent here is $1,890/mo as of October 2026. A 1-bedroom rents for a median of $1,820/mo. A 2-bedroom rents for a median of $2,120/mo.

At 13% of local median household income ($177,679/yr), ZIP 46077 ranks as affordable compared to the national benchmark of 30%. Rents have increased 8.1% over the past year.

FAQ

Frequently asked questions

How much income do you need to rent in ZIP 46077?

To keep rent at or below 30% of gross income, you would need to earn at least $76,000/year (about $37/hour full-time) to afford the median rent of $1,890/mo in ZIP 46077. The local median household income is $177,679/yr, so the typical household meets that bar.

Is rent going up or down in ZIP 46077?

Rent in ZIP 46077 has risen 8.1% over the past year as of September 2026. That is the highest level since Zillow's records here began in December 2021.

How does ZIP 46077 compare to other ZIPs in Indiana?

ZIP 46077 is one of the pricier among Indiana ZIP codes for rent, ranking #14 of 139 at $1,890/mo. Over the year to September 2026, rent in ZIP 46077 changed +8.1%, against a typical +3.9% across the 114 Indiana ZIP codes Zillow tracks.

How does ZIP 46077 compare to the rest of Zionsville?

At $1,890/mo, ZIP 46077 is $11 above the Zionsville citywide median of $1,879/mo.
Income Affordability
13%
VERY AFFORDABLE

At $1,890/mo, rent takes ~13% of ZIP 46077's median household income ($177,679/yr). The standard benchmark is 30%.

ZIP 46077 13%Benchmark 30%
State income tax3.05%
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Schools nearby

Public schools near ZIP 46077 (Zionsville, IN)

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