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ZIP Code · IN

ZIP 46168

Pop. 38,826·Hendricks County·33rd most expensive ZIP in Indiana
Median rent (all units)
$1,738/mo
Year-over-Year
+5.8%
Month-over-Month
+1.6%
vs US Median
-$227
Rising (Monthly)
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Most AffordableMost Expensive
ZIP 46168 · $1,738
More affordable than 56% of US ZIP codes · National median $1,965/mo
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Medians by bedroom

Rent by unit size

Studio
$1,220
1 BR
$1,380
2 BR
$1,610
3 BR
$2,080
4 BR+
$2,560
Research median
$1,610/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
$20,856/yr
At $1,738/mo median
Location
StateIN
CountyHendricks County
Rent Market Meter
Strong Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are up 5.8% year-over-year. Expect competition, and move quickly to lock in terms.
Based on rent-price momentum (+5.8% YoY, +1.6% MoM), not inventory.
Demographics

Who lives here

ZIP 46168 (Plainfield, IN) is majority owner-occupied, has a median income above the national average, 34.7% of residents hold a bachelor's degree or higher.

Population
38,826
Median income
$90,000
Median age
38
Renters
33.4%
Age distribution
20.8%
24.2%
27.7%
16.3%
Under 1820.8%
18–3424.2%
35–5427.7%
55–6411%
65+16.3%
Gender
54.5%
45.5%
Male54.5%
Female45.5%
Race & ethnicity
75.4%
White75.4%
Black11.4%
Hispanic6.5%
Asian3%
Other3.8%
Education (25+)
31.7%
24.4%
34.7%
No HS diploma9.2%
HS diploma31.7%
Some college24.4%
Bachelor's+34.7%
Housing tenure
66.6%
33.4%
Owner66.6%
Renter33.4%

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

2021 vs 2026

How ZIP 46168 in Plainfield, IN has changed in 5 years

Rent
$1,241 → $1,738
up 40.0%
Income
$73,503 → $90,000
up 22.4%
Population
37,058 → 38,826
up 4.8%
Renter share
33.8% → 33.4%
-0.4 pts
Bachelor's+
35.5% → 34.7%
-0.8 pts

Five years ago, renters in ZIP 46168 in Plainfield, IN paid around $1,241 a month. That figure now sits near $1,738, up 40.0% from the 2021 baseline. Local incomes tracked alongside that move, going from a median of $73,503 in 2021 to $90,000 more recently. Because rent grew faster than wages over the same span, the affordability picture has tightened relative to 2021. Census counts show ZIP 46168 in Plainfield, IN adding about 1,768 residents over the five-year window, up 4.8% on net. These shifts give renters and would-be renters a longer baseline for sizing up today's listings against the ZIP 46168 in Plainfield, IN market of 2021.

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Local insights

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About renting in ZIP 46168

Last updated: July 20, 2026

ZIP code 46168 covers Plainfield, IN. The median rent here is $1,738/mo as of July 2026. A 1-bedroom rents for a median of $1,380/mo. A 2-bedroom rents for a median of $1,610/mo.

At 23% of local median household income ($90,000/yr), ZIP 46168 ranks as affordable compared to the national benchmark of 30%. Rents have increased 5.8% over the past year.

FAQ

Frequently asked questions

How much is rent in ZIP code 46168?

As of July 20, 2026, the median monthly rent in ZIP 46168 (Plainfield, IN) is $1,738. This is based on aggregated data from public sources and community submissions.

How does ZIP 46168 rent compare to the US average?

ZIP 46168's median rent of $1,738/mo is $227 (12%) below the US national median of $1,965/mo.

How does ZIP 46168 compare to other ZIPs in Indiana?

ZIP 46168 is one of the pricier ZIP codes in Indiana, ranking #33 out of 144 ZIPs tracked at $1,738/mo.

How much income do you need to rent in ZIP 46168?

To keep rent at or below 30% of gross income, you would need to earn at least $70,000/year (~$34/hour full-time) to afford the median rent of $1,738/mo in ZIP 46168. The local median household income is $90,000/yr, meaning the typical household meets that threshold.

Is rent going up or down in ZIP 46168?

Rent in ZIP 46168 has increased 5.8% over the past year as of July 20, 2026, putting upward pressure on renter budgets.

Is ZIP 46168 an affordable place to rent?

ZIP 46168 is considered very affordable for renters. At $1,738/mo, rent takes approximately 23% of the local median household income ($90,000/yr). The standard benchmark is 30%. ZIP 46168 falls comfortably within that range.

What percentage of ZIP 46168 residents rent vs. own?

According to Census data, approximately 33.4% of ZIP 46168 households are renters, while 66.6% are owner-occupied. ZIP 46168 leans toward homeownership, which can mean a smaller rental inventory.

How does ZIP 46168 compare to the rest of Plainfield?

ZIP 46168 is more affordable than Plainfield overall. At $1,738/mo, it's $36 below the Plainfield citywide median of $1,774/mo.

When was rent data for ZIP 46168 last updated?

Rent data for ZIP 46168 reflects July 20, 2026. RentDataNow refreshes all data monthly using public and private datasets.
Income Affordability
23%
VERY AFFORDABLE

At $1,738/mo, rent takes ~23% of ZIP 46168's median household income ($90,000/yr). The standard benchmark is 30%.

ZIP 46168 23%Benchmark 30%
State income tax3.05%
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Schools nearby

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