ZIP Code · IN

ZIP 46107

Pop. 13,020·Marion County·80th most expensive ZIP in Indiana
Median rent (all units)
$1,291/mo
Year-over-Year
Stable
Month-over-Month
+0.6%
vs US Median
-$641
Reported rents
Rising (Monthly)
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Most AffordableMost Expensive
ZIP 46107 · $1,291
More affordable than 87% of US ZIP codes · National median $1,932/mo
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Medians by bedroom

Rent by unit size

Studio
$1,020
1 BR
$1,160
2 BR
$1,350
3 BR
$1,750
4 BR+
$2,140
Research median
$1,350/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: September 25, 2026

From the history

What the numbers show

What a typical income covers

30% of the median household income ($56,799) is $1,420 a month. That covers HUD's Fair Market Rent for up to a 2-bedroom ($1,350); a 3-bedroom is $1,750.

Cheaper nearby

ZIP 46219, 5 miles away, rents for 18% less ($1,053/mo), about $2,900 a year in savings.

From Zillow's monthly rent index (ZORI) for ZIP 46107. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.

Annual cost
$15,492/yr
At $1,291/mo median
Location
StateIN
CountyMarion County
Rent Market Meter
Balanced Market
Renter's MarketBalancedLandlord's Market
Rents are roughly steady, with neither renters nor landlords holding a strong edge right now.
Based on rent-price momentum (+0.0% YoY, +0.6% MoM), not inventory.
Demographics

Who lives here

ZIP 46107 (Beech Grove, IN) is majority owner-occupied, has a large share of families with children, has a median income below the national average, 25.4% of residents hold a bachelor's degree or higher.

Population
13,020
Median income
$56,799
Median age
36.1
Renters
33%
Age distribution
28.3%
19.9%
24.4%
16.9%
Under 1828.3%
18–3419.9%
35–5424.4%
55–6410.4%
65+16.9%
Gender
44.9%
55.1%
Male44.9%
Female55.1%
Race & ethnicity
90.8%
White90.8%
Black1.9%
Hispanic4.4%
Asian1.1%
Other1.8%
Education (25+)
31.6%
33.1%
25.4%
No HS diploma9.9%
HS diploma31.6%
Some college33.1%
Bachelor's+25.4%
Housing tenure
67%
33%
Owner67%
Renter33%

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

2021 vs 2026

How ZIP 46107 in Beech Grove, IN has changed in 5 years

Income
$55,473 → $56,799
up 2.4%
Population
13,118 → 13,020
down 0.7%
Renter share
36.4% → 33%
-3.4 pts
Bachelor's+
20.4% → 25.4%
+5.0 pts
Median age
37.3 → 36.1
-1.2 yrs

Local incomes tracked alongside that move, going from a median of $55,473 in 2021 to $56,799 more recently. Renters now make up 33% of households, compared with 36.4% five years ago. College-educated residents now make up 25.4% of adults here, versus 20.4% in 2021.

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Local insights

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About renting in ZIP 46107

Last updated: September 25, 2026

ZIP code 46107 covers Beech Grove, IN. The median rent here is $1,291/mo as of September 2026. A 1-bedroom rents for a median of $1,160/mo. A 2-bedroom rents for a median of $1,350/mo.

At 27% of local median household income ($56,799/yr), ZIP 46107 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 income do you need to rent in ZIP 46107?

To keep rent at or below 30% of gross income, you would need to earn at least $52,000/year (about $25/hour full-time) to afford the median rent of $1,291/mo in ZIP 46107. The local median household income is $56,799/yr, so the typical household meets that bar.

Is rent going up or down in ZIP 46107?

Rent in ZIP 46107 has been roughly flat over the past year, a 0.0% change.

How does ZIP 46107 compare to other ZIPs in Indiana?

ZIP 46107 is in the middle among Indiana ZIP codes for rent, ranking #80 of 140 at $1,291/mo.

How does ZIP 46107 compare to the rest of Beech Grove?

At $1,291/mo, ZIP 46107 is $45 above the Beech Grove citywide median of $1,246/mo.
Income Affordability
27%
AFFORDABLE

At $1,291/mo, rent takes ~27% of ZIP 46107's median household income ($56,799/yr). The standard benchmark is 30%.

ZIP 46107 27%Benchmark 30%
State income tax3.05%
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Schools nearby

Public schools near ZIP 46107 (Beech Grove, IN)

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