ZIP 46219
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12-month history
Last updated: October 17, 2026
What the numbers show
November. Asking rents in ZIP 46219 usually run 0.8% below trend in November and 1.1% above it in July, about $20 a month apart at today's median. Based on 10 years of data.
Rent in ZIP 46219 is at its highest level since Zillow's records here began in June 2016.
Rent in ZIP 46219 changed +3.3% over the year to September 2026. Across the 114 Indiana ZIP codes Zillow tracks, the typical change was +3.9%.
From 2019 to 2024, rent in ZIP 46219 rose 44% while median household income rose 50.1% ($40,497 to $60,803). Income kept ahead of rent.
Rent in ZIP 46219 is 56.9% higher than in March 2020. Across the US, rent is up 37.3% over the same stretch.
Rent has risen 5 months in a row, and rose in 6 of the last 12 months.
30% of the median household income ($60,803) is $1,520 a month. That covers HUD's Fair Market Rent for up to a 2-bedroom ($1,340); a 3-bedroom is $1,740.
1st cheapest of 30 ZIP codes in Indianapolis.
From Zillow's monthly rent index (ZORI) for ZIP 46219. 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.
Who lives here
ZIP 46219 (Indianapolis, IN) is majority owner-occupied, has a large share of families with children, has a median income below the national average, 27.5% of residents hold a bachelor's degree or higher.
Source: U.S. Census Bureau · ACS 2024 5-Year Estimates
How ZIP 46219 in Indianapolis, IN has changed in 5 years
Compared with 2021, rent in ZIP 46219 in Indianapolis, IN has climbed by $338 per month, settling near $1,053 after starting the period at $715. Median household income grew from $46,758 to $60,803 between 2021 and 2024, a 30.0% shift. Rent outpaced income growth by roughly 17.3 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 38,174 to 38,855 between 2021 and 2024, a 1.8% change. Educational attainment has shifted as well, with the share of adults holding a bachelor's degree or higher climbed from 25% to 27.5%. Taken together, the five-year picture in ZIP 46219 in Indianapolis, 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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Tips for renters in ZIP 46219
Last updated: October 17, 2026
ZIP code 46219 covers Indianapolis, IN. The median rent here is $1,053/mo as of October 2026. A 1-bedroom rents for a median of $1,150/mo. A 2-bedroom rents for a median of $1,340/mo.
At 21% of local median household income ($60,803/yr), ZIP 46219 ranks as affordable compared to the national benchmark of 30%. Rents have increased 3.3% over the past year.
Frequently asked questions
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How does ZIP 46219 compare to the rest of Indianapolis?
At $1,053/mo, rent takes ~21% of ZIP 46219's median household income ($60,803/yr). The standard benchmark is 30%.
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