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ZIP Code · IN

ZIP 46135

Pop. 19,632·Putnam County·116th most expensive ZIP in Indiana
Median rent (all units)
$1,050/mo
Year-over-Year
Stable
Month-over-Month
-8.2%
vs US Median
-$915
Falling (Monthly)
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Most AffordableMost Expensive
ZIP 46135 · $1,050
More affordable than 97% of US ZIP codes · National median $1,965/mo
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Medians by bedroom

Rent by unit size

Studio
$730
1 BR
$840
2 BR
$1,020
3 BR
$1,380
4 BR+
$1,620
Research median
$1,020/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: June 22, 2026

Annual cost
$12,600/yr
At $1,050/mo median
Location
StateIN
CountyPutnam County
Rent Market Meter
Strong Renter's Market
Renter's MarketBalancedLandlord's Market
Rents are down 0.0% year-over-year. Push hard on price, concessions, and lease terms.
Based on rent-price momentum (+0.0% YoY, -8.2% MoM), not inventory.
Demographics

Who lives here

ZIP 46135 (Greencastle, IN) is majority owner-occupied, skews toward younger working-age adults, 21.8% of residents hold a bachelor's degree or higher.

Population
19,632
Median income
$73,677
Median age
36.4
Renters
35.2%
Age distribution
17.8%
30.1%
25%
17.9%
Under 1817.8%
18–3430.1%
35–5425%
55–649.2%
65+17.9%
Gender
56.1%
43.9%
Male56.1%
Female43.9%
Race & ethnicity
86.4%
White86.4%
Black5.6%
Hispanic2.8%
Asian2.3%
Other2.9%
Education (25+)
39.7%
31.3%
21.8%
No HS diploma7.2%
HS diploma39.7%
Some college31.3%
Bachelor's+21.8%
Housing tenure
64.8%
35.2%
Owner64.8%
Renter35.2%

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

2021 vs 2026

How ZIP 46135 in Greencastle, IN has changed in 5 years

Income
$58,587 → $73,677
up 25.8%
Population
19,580 → 19,632
up 0.3%
Renter share
35.2% → 35.2%
+0.0 pts
Bachelor's+
18.5% → 21.8%
+3.3 pts
Median age
35.6 → 36.4
+0.8 yrs

Local incomes tracked alongside that move, going from a median of $58,587 in 2021 to $73,677 more recently. College-educated residents now make up 21.8% of adults here, versus 18.5% in 2021.

Community

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Local insights

Tips for renters in ZIP 46135

About renting in ZIP 46135

Last updated: June 22, 2026

ZIP code 46135 covers Greencastle, IN. The median rent here is $1,050/mo as of June 2026. A 1-bedroom rents for a median of $840/mo. A 2-bedroom rents for a median of $1,020/mo.

At 17% of local median household income ($73,677/yr), ZIP 46135 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 46135?

As of June 22, 2026, the median monthly rent in ZIP 46135 (Greencastle, IN) is $1,050. This is based on aggregated data from public sources and community submissions.

How does ZIP 46135 rent compare to the US average?

ZIP 46135's median rent of $1,050/mo is $915 (47%) below the US national median of $1,965/mo.

How does ZIP 46135 compare to other ZIPs in Indiana?

ZIP 46135 is among the more affordable ZIP codes in Indiana, ranking #116 out of 141 ZIPs at $1,050/mo.

How much income do you need to rent in ZIP 46135?

To keep rent at or below 30% of gross income, you would need to earn at least $42,000/year (~$20/hour full-time) to afford the median rent of $1,050/mo in ZIP 46135. The local median household income is $73,677/yr, meaning the typical household meets that threshold.

Is rent going up or down in ZIP 46135?

Rent in ZIP 46135 has been relatively stable over the past year, with a 0.0% change year over year as of June 22, 2026.

Is ZIP 46135 an affordable place to rent?

ZIP 46135 is considered very affordable for renters. At $1,050/mo, rent takes approximately 17% of the local median household income ($73,677/yr). The standard benchmark is 30%. ZIP 46135 falls comfortably within that range.

What percentage of ZIP 46135 residents rent vs. own?

According to Census data, approximately 35.2% of ZIP 46135 households are renters, while 64.8% are owner-occupied. ZIP 46135 leans toward homeownership, which can mean a smaller rental inventory.

How does ZIP 46135 compare to the rest of Greencastle?

ZIP 46135 sits right at the Greencastle citywide median of $1,050/mo.

When was rent data for ZIP 46135 last updated?

Rent data for ZIP 46135 reflects June 22, 2026. RentDataNow refreshes all data monthly using public and private datasets.
Income Affordability
17%
VERY AFFORDABLE

At $1,050/mo, rent takes ~17% of ZIP 46135's median household income ($73,677/yr). The standard benchmark is 30%.

ZIP 46135 17%Benchmark 30%
State income tax3.05%
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Schools nearby

Public schools near ZIP 46135 (Greencastle, IN)

Recent submissions

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