ZIP Code · IN

ZIP 46260

Part of Indianapolis, IN

Pop. 35,707·Marion County·86th most expensive ZIP in Indiana

Median rent (all units)

$1,229/mo

Year-over-Year

+2.3%

Month-over-Month

+0.2%

vs US Median

-$703

Reported rents

Stable (Monthly)

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Most AffordableMost Expensive

ZIP 46260 · $1,229

More affordable than 90% of US ZIP codes · National median $1,932/mo

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Compare your rent to the local median.

Medians by bedroom

Rent by unit size

Studio

$1,130

1 BR

$1,280

2 BR

$1,490

3 BR

$1,930

4 BR+

$2,370

Research median

$1,490/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: October 17, 2026

From the history

What the numbers show

Past year vs. the rest of Indiana

Rent in ZIP 46260 changed +2.2% over the year to September 2026. Across the 114 Indiana ZIP codes Zillow tracks, the typical change was +3.9%.

Recent direction

Rent has risen 5 months in a row, and rose in 8 of the last 12 months.

What a typical income covers

30% of the median household income ($72,504) is $1,813 a month. That covers HUD's Fair Market Rent for up to a 2-bedroom ($1,490); a 3-bedroom is $1,930.

Rank in Indianapolis

7th cheapest of 30 ZIP codes in Indianapolis.

From Zillow's monthly rent index (ZORI) for ZIP 46260. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.

Annual cost

$14,748/yr

At $1,229/mo median

Location

CityIndianapolis

StateIN

CountyMarion County

Rent Market Meter

Landlord's Market

Renter's MarketBalancedLandlord's Market

Rents are climbing (2.3% YoY), so leverage tilts toward landlords. Act sooner rather than later.

Based on rent-price momentum (+2.3% YoY, +0.2% MoM), not inventory.

Demographics

Who lives here

ZIP 46260 (Indianapolis, IN) is roughly split between renters and owners, has a large share of families with children, 46.1% of residents hold a bachelor's degree or higher.

Population

35,707

Median income

$72,504

Median age

36.5

Renters

48.4%

Age distribution

25.6%

22.4%

23%

17.9%

Under 1825.6%

18–3422.4%

35–5423%

55–6411.1%

65+17.9%

Gender

47%

53%

Male47%

Female53%

Race & ethnicity

43.9%

38.8%

White43.9%

Black38.8%

Hispanic10.3%

Asian2.3%

Other4.8%

Education (25+)

18.1%

29.2%

46.1%

No HS diploma6.7%

HS diploma18.1%

Some college29.2%

Bachelor's+46.1%

Housing tenure

51.6%

48.4%

Owner51.6%

Renter48.4%

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

2021 vs 2026

How ZIP 46260 in Indianapolis, IN has changed in 5 years

Income

$62,261 → $72,504

up 16.5%

Population

35,529 → 35,707

up 0.5%

Renter share

51.4% → 48.4%

-3.0 pts

Bachelor's+

46.4% → 46.1%

-0.3 pts

Median age

35.3 → 36.5

+1.2 yrs

Census figures show median household income at $72,504 today, compared with $62,261 five years earlier. Renters now make up 48.4% of households, compared with 51.4% five years ago.

Community

Discussions about ZIP 46260

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Local insights

Tips for renters in ZIP 46260

About renting in ZIP 46260

Last updated: October 17, 2026

ZIP code 46260 covers Indianapolis, IN. The median rent here is $1,229/mo as of October 2026. A 1-bedroom rents for a median of $1,280/mo. A 2-bedroom rents for a median of $1,490/mo.

At 20% of local median household income ($72,504/yr), ZIP 46260 ranks as affordable compared to the national benchmark of 30%. Rents have increased 2.3% over the past year.

FAQ

Frequently asked questions

How much income do you need to rent in ZIP 46260?

To keep rent at or below 30% of gross income, you would need to earn at least $49,000/year (about $24/hour full-time) to afford the median rent of $1,229/mo in ZIP 46260. The local median household income is $72,504/yr, so the typical household meets that bar.

Is rent going up or down in ZIP 46260?

Rent in ZIP 46260 has risen 2.3% over the past year.

How does ZIP 46260 compare to other ZIPs in Indiana?

ZIP 46260 is in the middle among Indiana ZIP codes for rent, ranking #86 of 139 at $1,229/mo. Over the year to September 2026, rent in ZIP 46260 changed +2.2%, against a typical +3.9% across the 114 Indiana ZIP codes Zillow tracks.