ZIP Code · IN

ZIP 46112

Pop. 44,220·Hendricks County·17th most expensive ZIP in Indiana
Median rent (all units)
$1,853/mo
Year-over-Year
+4.3%
Month-over-Month
+0.1%
vs US Median
-$79
Reported rents
Stable (Monthly)
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Most AffordableMost Expensive
ZIP 46112 · $1,853
More expensive than 53% of US ZIP codes · National median $1,932/mo
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Medians by bedroom

Rent by unit size

Studio
$1,320
1 BR
$1,500
2 BR
$1,740
3 BR
$2,250
4 BR+
$2,760
Research median
$1,740/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

Cheapest month to sign

March. Asking rents in ZIP 46112 usually run 1.4% below trend in March and 1.6% above it in August, about $56 a month apart at today's median. Based on 5 years of data.

Compared with the peak

Rent in ZIP 46112 is at its highest level since Zillow's records here began in September 2020.

Past year vs. the rest of Indiana

Rent in ZIP 46112 changed +4.3% 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 4 months in a row, and rose in 8 of the last 12 months.

What a typical income covers

30% of the median household income ($112,565) is $2,814 a month. That covers HUD's Fair Market Rent for up to a 4-bedroom ($2,760).

Cheaper nearby

ZIP 46254, 6 miles away, rents for 34% less ($1,230/mo), about $7,500 a year in savings.

From Zillow's monthly rent index (ZORI) for ZIP 46112. The seasonal pattern compares Zillow’s seasonally adjusted and unadjusted series. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.

Annual cost
$22,236/yr
At $1,853/mo median
Location
StateIN
CountyHendricks County
Rent Market Meter
Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are climbing (4.3% YoY), so leverage tilts toward landlords. Act sooner rather than later.
Based on rent-price momentum (+4.3% YoY, +0.1% MoM), not inventory.
Demographics

Who lives here

ZIP 46112 (Brownsburg, IN) is majority owner-occupied, has a large share of families with children, has a median income above the national average, 48.9% of residents hold a bachelor's degree or higher.

Population
44,220
Median income
$112,565
Median age
37
Renters
18.9%
Age distribution
27.9%
18.9%
28%
12.3%
12.9%
Under 1827.9%
18–3418.9%
35–5428%
55–6412.3%
65+12.9%
Gender
48.3%
51.7%
Male48.3%
Female51.7%
Race & ethnicity
81.1%
White81.1%
Black10.6%
Hispanic5%
Asian1%
Other2.3%
Education (25+)
20.4%
26.8%
48.9%
No HS diploma3.9%
HS diploma20.4%
Some college26.8%
Bachelor's+48.9%
Housing tenure
81.1%
18.9%
Owner81.1%
Renter18.9%

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

2022 vs 2026

How ZIP 46112 in Brownsburg, IN has changed in 5 years

Rent
$1,515 → $1,853
up 22.3%
Income
$97,286 → $112,565
up 15.7%
Population
40,574 → 44,220
up 9.0%
Renter share
19.9% → 18.9%
-1.0 pts
Bachelor's+
47.2% → 48.9%
+1.7 pts

Since 2022, the typical rent in ZIP 46112 in Brownsburg, IN has increased from $1,515 to $1,853, a 22.3% change over five years. Median household income rose from $97,286 to $112,565 between 2021 and 2024, a 15.7% shift. That spread, with rent up faster than earnings, points to a tougher affordability environment than five years ago. The population has grown by 9.0% since 2021, moving from about 40,574 residents to roughly 44,220. Taken together, the five-year picture in ZIP 46112 in Brownsburg, IN reflects how housing costs and the people paying them have evolved through a stretch that included a pandemic, a hot rental market, and a recent cooling phase.

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Local insights

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About renting in ZIP 46112

Last updated: October 17, 2026

ZIP code 46112 covers Brownsburg, IN. The median rent here is $1,853/mo as of October 2026. A 1-bedroom rents for a median of $1,500/mo. A 2-bedroom rents for a median of $1,740/mo.

At 20% of local median household income ($112,565/yr), ZIP 46112 ranks as affordable compared to the national benchmark of 30%. Rents have increased 4.3% over the past year.

FAQ

Frequently asked questions

How much income do you need to rent in ZIP 46112?

To keep rent at or below 30% of gross income, you would need to earn at least $74,000/year (about $36/hour full-time) to afford the median rent of $1,853/mo in ZIP 46112. The local median household income is $112,565/yr, so the typical household meets that bar.

Is rent going up or down in ZIP 46112?

Rent in ZIP 46112 has risen 4.3% over the past year as of September 2026. That is the highest level since Zillow's records here began in September 2020.

When is the cheapest time to rent in ZIP 46112?

Asking rents in ZIP 46112 are usually lowest in March, about 1.4% below their yearly trend, and highest in August, about 1.6% above it. At today's median that is a gap of roughly $56 a month. This pattern comes from 5 years of Zillow rent data.

How does ZIP 46112 compare to other ZIPs in Indiana?

ZIP 46112 is one of the pricier among Indiana ZIP codes for rent, ranking #17 of 139 at $1,853/mo. Over the year to September 2026, rent in ZIP 46112 changed +4.3%, against a typical +3.9% across the 114 Indiana ZIP codes Zillow tracks.

How does ZIP 46112 compare to the rest of Brownsburg?

At $1,853/mo, ZIP 46112 is $15 below the Brownsburg citywide median of $1,868/mo.
Income Affordability
20%
VERY AFFORDABLE

At $1,853/mo, rent takes ~20% of ZIP 46112's median household income ($112,565/yr). The standard benchmark is 30%.

ZIP 46112 20%Benchmark 30%
State income tax3.05%
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Schools nearby

Public schools near ZIP 46112 (Brownsburg, IN)

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