ZIP 46222
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12-month history
Last updated: October 17, 2026
What the numbers show
December. Asking rents in ZIP 46222 usually run 1.2% below trend in December and 1% above it in May, about $27 a month apart at today's median. Based on 10 years of data.
Rent in ZIP 46222 is 0.5% below its high of $1,214 in August 2026, at $1,208 as of September 2026.
Rent in ZIP 46222 changed +2.8% 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 46222 rose 53.1% while median household income rose 41.1% ($35,986 to $50,783). Rent outpaced income.
Rent in ZIP 46222 is 63.2% higher than in March 2020. Across the US, rent is up 37.3% over the same stretch.
Rent rose in 8 of the last 12 months.
30% of the median household income ($50,783) is $1,270 a month. That covers HUD's Fair Market Rent for up to a 1-bedroom ($1,180); a 2-bedroom is $1,370.
4th cheapest of 30 ZIP codes in Indianapolis.
ZIP 46219, 9 miles away, rents for 13% less ($1,053/mo), about $1,900 a year in savings.
From Zillow's monthly rent index (ZORI) for ZIP 46222. 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 46222 (Indianapolis, IN) is roughly split between renters and owners, has a large share of families with children, has a median income below the national average, 17.3% of residents hold a bachelor's degree or higher.
Source: U.S. Census Bureau · ACS 2024 5-Year Estimates
How ZIP 46222 in Indianapolis, IN has changed in 5 years
Five years ago, renters in ZIP 46222 in Indianapolis, IN paid around $823 a month. That figure now sits near $1,208, up 46.8% from the 2021 baseline. Census figures show median household income at $50,783 today, compared with $41,502 five years earlier. Because rent grew faster than wages over the same span, the affordability picture has tightened relative to 2021. Census counts show ZIP 46222 in Indianapolis, IN adding about 834 residents over the five-year window, up 2.2% on net. The renter share has eased from 58.5% to 51.7%, with owner-occupied housing accounting for the remainder. Bachelor's-degree-or-higher attainment moved from 11.8% to 17.3% across the same window. The combined trend lines point to a market that has changed measurably from where it stood in early 2021.
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Tips for renters in ZIP 46222
Last updated: October 17, 2026
ZIP code 46222 covers Indianapolis, IN. The median rent here is $1,208/mo as of October 2026. A 1-bedroom rents for a median of $1,180/mo. A 2-bedroom rents for a median of $1,370/mo.
At 29% of local median household income ($50,783/yr), ZIP 46222 ranks as affordable compared to the national benchmark of 30%. Rents have increased 2.8% over the past year.
Frequently asked questions
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How does ZIP 46222 compare to other ZIPs in Indiana?
How does ZIP 46222 compare to the rest of Indianapolis?
At $1,208/mo, rent takes ~29% of ZIP 46222's median household income ($50,783/yr). The standard benchmark is 30%.
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