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ZIP Code · IN

ZIP 46222

Pop. 38,887·Marion County·99th most expensive ZIP in Indiana
Median rent (all units)
$1,214/mo
Year-over-Year
+11.5%
Month-over-Month
-0.7%
vs US Median
-$751
Falling (Monthly)
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Most AffordableMost Expensive
ZIP 46222 · $1,214
More affordable than 91% of US ZIP codes · National median $1,965/mo
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Medians by bedroom

Rent by unit size

Studio
$1,040
1 BR
$1,180
2 BR
$1,370
3 BR
$1,770
4 BR+
$2,170
Research median
$1,370/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
$14,568/yr
At $1,214/mo median
Location
StateIN
CountyMarion County
Rent Market Meter
Strong Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are up 11.5% year-over-year. Expect competition, and move quickly to lock in terms.
Based on rent-price momentum (+11.5% YoY, -0.7% MoM), not inventory.
Demographics

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.

Population
38,887
Median income
$50,783
Median age
31.4
Renters
51.7%
Age distribution
28.2%
27.5%
24.1%
Under 1828.2%
18–3427.5%
35–5424.1%
55–6410.8%
65+9.5%
Gender
49%
51%
Male49%
Female51%
Race & ethnicity
33.1%
26.7%
37.4%
White33.1%
Black26.7%
Hispanic37.4%
Asian2.9%
Education (25+)
23.1%
35.4%
24.2%
17.3%
No HS diploma23.1%
HS diploma35.4%
Some college24.2%
Bachelor's+17.3%
Housing tenure
48.3%
51.7%
Owner48.3%
Renter51.7%

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

2021 vs 2026

How ZIP 46222 in Indianapolis, IN has changed in 5 years

Rent
$795 → $1,214
up 52.7%
Income
$41,502 → $50,783
up 22.4%
Population
38,053 → 38,887
up 2.2%
Renter share
58.5% → 51.7%
-6.8 pts
Bachelor's+
11.8% → 17.3%
+5.5 pts
Median age
30.1 → 31.4
+1.3 yrs

Five years ago, renters in ZIP 46222 in Indianapolis, IN paid around $795 a month. That figure now sits near $1,214, up 52.7% 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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Local insights

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About renting in ZIP 46222

Last updated: July 20, 2026

ZIP code 46222 covers Indianapolis, IN. The median rent here is $1,214/mo as of July 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 11.5% over the past year.

FAQ

Frequently asked questions

How much is rent in ZIP code 46222?

As of July 20, 2026, the median monthly rent in ZIP 46222 (Indianapolis, IN) is $1,214. This is based on aggregated data from public sources and community submissions.

How does ZIP 46222 rent compare to the US average?

ZIP 46222's median rent of $1,214/mo is $751 (38%) below the US national median of $1,965/mo.

How does ZIP 46222 compare to other ZIPs in Indiana?

ZIP 46222 is among the more affordable ZIP codes in Indiana, ranking #99 out of 144 ZIPs at $1,214/mo.

How much income do you need to rent in ZIP 46222?

To keep rent at or below 30% of gross income, you would need to earn at least $49,000/year (~$24/hour full-time) to afford the median rent of $1,214/mo in ZIP 46222. The local median household income is $50,783/yr, meaning the typical household meets that threshold.

Is rent going up or down in ZIP 46222?

Rent in ZIP 46222 has increased 11.5% over the past year as of July 20, 2026, putting upward pressure on renter budgets.

Is ZIP 46222 an affordable place to rent?

ZIP 46222 is considered affordable for renters. At $1,214/mo, rent takes approximately 29% of the local median household income ($50,783/yr). The standard benchmark is 30%. ZIP 46222 falls comfortably within that range.

What percentage of ZIP 46222 residents rent vs. own?

According to Census data, approximately 51.7% of ZIP 46222 households are renters, while 48.3% are owner-occupied. With a majority renter population, ZIP 46222 has a strong rental market.

How does ZIP 46222 compare to the rest of Indianapolis?

ZIP 46222 is more affordable than Indianapolis overall. At $1,214/mo, it's $197 below the Indianapolis citywide median of $1,411/mo.

When was rent data for ZIP 46222 last updated?

Rent data for ZIP 46222 reflects July 20, 2026. RentDataNow refreshes all data monthly using public and private datasets.
Income Affordability
29%
AFFORDABLE

At $1,214/mo, rent takes ~29% of ZIP 46222's median household income ($50,783/yr). The standard benchmark is 30%.

ZIP 46222 29%Benchmark 30%
State income tax3.05%
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Schools nearby

Public schools near ZIP 46222 (Indianapolis, IN)

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