RentDataNowRentDataNow
ZIP Code · IN

ZIP 46214

Pop. 24,472·Marion County·86th most expensive ZIP in Indiana
Median rent (all units)
$1,279/mo
Year-over-Year
-5.1%
Month-over-Month
+2.7%
vs US Median
-$686
Rising (Monthly)
Be the first to discuss 46214 rents ↓
Most AffordableMost Expensive
ZIP 46214 · $1,279
More affordable than 88% of US ZIP codes · National median $1,965/mo
Rent check

Is your rent fair?

Compare your rent to the local median.

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

Loading…

Last updated: July 20, 2026

Annual cost
$15,348/yr
At $1,279/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 (-5.1% YoY, +2.7% MoM), not inventory.
Demographics

Who lives here

ZIP 46214 (Indianapolis, IN) is roughly split between renters and owners, has a median income below the national average, 26.4% of residents hold a bachelor's degree or higher.

Population
24,472
Median income
$59,178
Median age
34.5
Renters
53%
Age distribution
23.4%
27.3%
24.1%
14.7%
Under 1823.4%
18–3427.3%
35–5424.1%
55–6410.5%
65+14.7%
Gender
46.7%
53.3%
Male46.7%
Female53.3%
Race & ethnicity
43%
36.2%
16.6%
White43%
Black36.2%
Hispanic16.6%
Other3.7%
Education (25+)
28.3%
35.9%
26.4%
No HS diploma9.4%
HS diploma28.3%
Some college35.9%
Bachelor's+26.4%
Housing tenure
47%
53%
Owner47%
Renter53%

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

2021 vs 2026

How ZIP 46214 in Indianapolis, IN has changed in 5 years

Rent
$915 → $1,279
up 39.8%
Income
$50,496 → $59,178
up 17.2%
Population
23,377 → 24,472
up 4.7%
Renter share
52.5% → 53%
+0.5 pts
Bachelor's+
25.5% → 26.4%
+0.9 pts
Median age
35.6 → 34.5
-1.1 yrs

Rent in ZIP 46214 in Indianapolis, IN has increased 39.8% since 2021, going from about $915 per month to roughly $1,279 today. Census figures show median household income at $59,178 today, compared with $50,496 five years earlier. Rent outpaced income growth by roughly 22.6 percentage points, which means renters are spending a larger slice of each paycheck on housing than they did in 2021. Headcount in the area went from 23,377 to 24,472 between 2021 and 2024, a 4.7% change. The combined trend lines point to a market that has changed measurably from where it stood in early 2021.

Community

Discussions about ZIP 46214

No discussions yet. Start the conversation.

Local insights

Tips for renters in ZIP 46214

About renting in ZIP 46214

Last updated: July 20, 2026

ZIP code 46214 covers Indianapolis, IN. The median rent here is $1,279/mo as of July 2026. A 1-bedroom rents for a median of $1,160/mo. A 2-bedroom rents for a median of $1,350/mo.

At 26% of local median household income ($59,178/yr), ZIP 46214 ranks as affordable compared to the national benchmark of 30%. Rents have decreased 5.1% over the past year.

FAQ

Frequently asked questions

How much is rent in ZIP code 46214?

As of July 20, 2026, the median monthly rent in ZIP 46214 (Indianapolis, IN) is $1,279. This is based on aggregated data from public sources and community submissions.

How does ZIP 46214 rent compare to the US average?

ZIP 46214's median rent of $1,279/mo is $686 (35%) below the US national median of $1,965/mo.

How does ZIP 46214 compare to other ZIPs in Indiana?

ZIP 46214 falls in the middle range for Indiana, ranking #86 out of 144 ZIPs at $1,279/mo.

How much income do you need to rent in ZIP 46214?

To keep rent at or below 30% of gross income, you would need to earn at least $51,000/year (~$25/hour full-time) to afford the median rent of $1,279/mo in ZIP 46214. The local median household income is $59,178/yr, meaning the typical household meets that threshold.

Is rent going up or down in ZIP 46214?

Rent in ZIP 46214 has decreased 5.1% over the past year as of July 20, 2026, offering some relief compared to 12 months ago.

Is ZIP 46214 an affordable place to rent?

ZIP 46214 is considered affordable for renters. At $1,279/mo, rent takes approximately 26% of the local median household income ($59,178/yr). The standard benchmark is 30%. ZIP 46214 falls comfortably within that range.

What percentage of ZIP 46214 residents rent vs. own?

According to Census data, approximately 53% of ZIP 46214 households are renters, while 47% are owner-occupied. With a majority renter population, ZIP 46214 has a strong rental market.

How does ZIP 46214 compare to the rest of Indianapolis?

ZIP 46214 is more affordable than Indianapolis overall. At $1,279/mo, it's $132 below the Indianapolis citywide median of $1,411/mo.

When was rent data for ZIP 46214 last updated?

Rent data for ZIP 46214 reflects July 20, 2026. RentDataNow refreshes all data monthly using public and private datasets.
Income Affordability
26%
AFFORDABLE

At $1,279/mo, rent takes ~26% of ZIP 46214's median household income ($59,178/yr). The standard benchmark is 30%.

ZIP 46214 26%Benchmark 30%
State income tax3.05%
Compare

How does this area stack up?

Pick another city or ZIP to compare.

Schools nearby

Public schools near ZIP 46214 (Indianapolis, IN)

Recent submissions

Be the first to submit your rent for this ZIP.

Recent discussions

No discussions yet.