ZIP Code · IN

ZIP 46142

Pop. 34,348·Johnson County·60th most expensive ZIP in Indiana
Median rent (all units)
$1,471/mo
Year-over-Year
+1.8%
Month-over-Month
+3.5%
vs US Median
-$494
Rising (Monthly)
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Most AffordableMost Expensive
ZIP 46142 · $1,471
More affordable than 76% of US ZIP codes · National median $1,965/mo
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Medians by bedroom

Rent by unit size

Studio
$1,070
1 BR
$1,210
2 BR
$1,410
3 BR
$1,830
4 BR+
$2,240
Research median
$1,410/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: July 20, 2026

Annual cost
$17,652/yr
At $1,471/mo median
Location
StateIN
CountyJohnson County
Rent Market Meter
Strong Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are up 1.8% year-over-year. Expect competition, and move quickly to lock in terms.
Based on rent-price momentum (+1.8% YoY, +3.5% MoM), not inventory.
Demographics

Who lives here

ZIP 46142 (Greenwood, IN) is majority owner-occupied, has a large retiree population, 39.7% of residents hold a bachelor's degree or higher.

Population
34,348
Median income
$89,001
Median age
40.3
Renters
29.4%
Age distribution
21%
21.7%
22.8%
13.8%
20.7%
Under 1821%
18–3421.7%
35–5422.8%
55–6413.8%
65+20.7%
Gender
49.5%
50.5%
Male49.5%
Female50.5%
Race & ethnicity
85.2%
White85.2%
Black2.7%
Hispanic3.5%
Asian6.3%
Other2.3%
Education (25+)
29.2%
25.4%
39.7%
No HS diploma5.7%
HS diploma29.2%
Some college25.4%
Bachelor's+39.7%
Housing tenure
70.6%
29.4%
Owner70.6%
Renter29.4%

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

2021 vs 2026

How ZIP 46142 in Greenwood, IN has changed in 5 years

Income
$77,455 → $89,001
up 14.9%
Population
34,982 → 34,348
down 1.8%
Renter share
30% → 29.4%
-0.6 pts
Bachelor's+
39% → 39.7%
+0.7 pts
Median age
39.1 → 40.3
+1.2 yrs

Local incomes tracked alongside that move, going from a median of $77,455 in 2021 to $89,001 more recently. The population has contracted by 1.8% since 2021, moving from about 34,982 residents to roughly 34,348.

Community

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Local insights

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About renting in ZIP 46142

Last updated: July 20, 2026

ZIP code 46142 covers Greenwood, IN. The median rent here is $1,471/mo as of July 2026. A 1-bedroom rents for a median of $1,210/mo. A 2-bedroom rents for a median of $1,410/mo.

At 20% of local median household income ($89,001/yr), ZIP 46142 ranks as affordable compared to the national benchmark of 30%. Rents have increased 1.8% over the past year.

FAQ

Frequently asked questions

How much is rent in ZIP code 46142?

As of July 20, 2026, the median monthly rent in ZIP 46142 (Greenwood, IN) is $1,471. This is based on aggregated data from public sources and community submissions.

How does ZIP 46142 rent compare to the US average?

ZIP 46142's median rent of $1,471/mo is $494 (25%) below the US national median of $1,965/mo.

How does ZIP 46142 compare to other ZIPs in Indiana?

ZIP 46142 falls in the middle range for Indiana, ranking #60 out of 144 ZIPs at $1,471/mo.

How much income do you need to rent in ZIP 46142?

To keep rent at or below 30% of gross income, you would need to earn at least $59,000/year (~$28/hour full-time) to afford the median rent of $1,471/mo in ZIP 46142. The local median household income is $89,001/yr, meaning the typical household meets that threshold.

Is rent going up or down in ZIP 46142?

Rent in ZIP 46142 has increased 1.8% over the past year as of July 20, 2026, putting upward pressure on renter budgets.

Is ZIP 46142 an affordable place to rent?

ZIP 46142 is considered very affordable for renters. At $1,471/mo, rent takes approximately 20% of the local median household income ($89,001/yr). The standard benchmark is 30%. ZIP 46142 falls comfortably within that range.

What percentage of ZIP 46142 residents rent vs. own?

According to Census data, approximately 29.4% of ZIP 46142 households are renters, while 70.6% are owner-occupied. ZIP 46142 leans toward homeownership, which can mean a smaller rental inventory.

How does ZIP 46142 compare to the rest of Greenwood?

ZIP 46142 is more affordable than Greenwood overall. At $1,471/mo, it's $138 below the Greenwood citywide median of $1,609/mo.

When was rent data for ZIP 46142 last updated?

Rent data for ZIP 46142 reflects July 20, 2026. RentDataNow refreshes all data monthly using public and private datasets.
Income Affordability
20%
VERY AFFORDABLE

At $1,471/mo, rent takes ~20% of ZIP 46142's median household income ($89,001/yr). The standard benchmark is 30%.

ZIP 46142 20%Benchmark 30%
State income tax3.05%
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Schools nearby

Public schools near ZIP 46142 (Greenwood, IN)

Recent submissions

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