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ZIP Code · IN

ZIP 46268

Pop. 25,913·Marion County·52nd most expensive ZIP in Indiana
Median rent (all units)
$1,524/mo
Year-over-Year
+3.7%
Month-over-Month
-0.9%
vs US Median
-$441
Falling (Monthly)
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Most AffordableMost Expensive
ZIP 46268 · $1,524
More affordable than 72% of US ZIP codes · National median $1,965/mo
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Medians by bedroom

Rent by unit size

Studio
$1,160
1 BR
$1,320
2 BR
$1,530
3 BR
$1,980
4 BR+
$2,430
Research median
$1,530/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
$18,288/yr
At $1,524/mo median
Location
StateIN
CountyMarion County
Rent Market Meter
Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are climbing (3.7% YoY), so leverage tilts toward landlords. Act sooner rather than later.
Based on rent-price momentum (+3.7% YoY, -0.9% MoM), not inventory.
Demographics

Who lives here

ZIP 46268 (Indianapolis, IN) is roughly split between renters and owners, 37.9% of residents hold a bachelor's degree or higher.

Population
25,913
Median income
$68,631
Median age
37
Renters
54.3%
Age distribution
22.1%
26%
26%
16.2%
Under 1822.1%
18–3426%
35–5426%
55–649.7%
65+16.2%
Gender
44.6%
55.4%
Male44.6%
Female55.4%
Race & ethnicity
35.2%
40.8%
17.5%
White35.2%
Black40.8%
Hispanic17.5%
Asian4.4%
Other2.1%
Education (25+)
23.8%
29.8%
37.9%
No HS diploma8.5%
HS diploma23.8%
Some college29.8%
Bachelor's+37.9%
Housing tenure
45.7%
54.3%
Owner45.7%
Renter54.3%

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

2021 vs 2026

How ZIP 46268 in Indianapolis, IN has changed in 5 years

Rent
$1,054 → $1,524
up 44.6%
Income
$52,689 → $68,631
up 30.3%
Population
24,753 → 25,913
up 4.7%
Renter share
52.9% → 54.3%
+1.4 pts
Bachelor's+
38.1% → 37.9%
-0.2 pts

Five years ago, renters in ZIP 46268 in Indianapolis, IN paid around $1,054 a month. That figure now sits near $1,524, up 44.6% from the 2021 baseline. Household income in the area moved from $52,689 to $68,631 across the same window, up 30.3% versus 2021. Because rent grew faster than wages over the same span, the affordability picture has tightened relative to 2021. Census counts show ZIP 46268 in Indianapolis, IN adding about 1,160 residents over the five-year window, up 4.7% on net. Reading these numbers side by side helps frame whether current listings in ZIP 46268 in Indianapolis, IN look reasonable against where the market sat half a decade ago.

Community

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Local insights

Tips for renters in ZIP 46268

About renting in ZIP 46268

Last updated: July 20, 2026

ZIP code 46268 covers Indianapolis, IN. The median rent here is $1,524/mo as of July 2026. A 1-bedroom rents for a median of $1,320/mo. A 2-bedroom rents for a median of $1,530/mo.

At 27% of local median household income ($68,631/yr), ZIP 46268 ranks as affordable compared to the national benchmark of 30%. Rents have increased 3.7% over the past year.

FAQ

Frequently asked questions

How much is rent in ZIP code 46268?

As of July 20, 2026, the median monthly rent in ZIP 46268 (Indianapolis, IN) is $1,524. This is based on aggregated data from public sources and community submissions.

How does ZIP 46268 rent compare to the US average?

ZIP 46268's median rent of $1,524/mo is $441 (22%) below the US national median of $1,965/mo.

How does ZIP 46268 compare to other ZIPs in Indiana?

ZIP 46268 falls in the middle range for Indiana, ranking #52 out of 144 ZIPs at $1,524/mo.

How much income do you need to rent in ZIP 46268?

To keep rent at or below 30% of gross income, you would need to earn at least $61,000/year (~$29/hour full-time) to afford the median rent of $1,524/mo in ZIP 46268. The local median household income is $68,631/yr, meaning the typical household meets that threshold.

Is rent going up or down in ZIP 46268?

Rent in ZIP 46268 has increased 3.7% over the past year as of July 20, 2026, putting upward pressure on renter budgets.

Is ZIP 46268 an affordable place to rent?

ZIP 46268 is considered affordable for renters. At $1,524/mo, rent takes approximately 27% of the local median household income ($68,631/yr). The standard benchmark is 30%. ZIP 46268 falls comfortably within that range.

What percentage of ZIP 46268 residents rent vs. own?

According to Census data, approximately 54.3% of ZIP 46268 households are renters, while 45.7% are owner-occupied. With a majority renter population, ZIP 46268 has a strong rental market.

How does ZIP 46268 compare to the rest of Indianapolis?

ZIP 46268 is pricier than Indianapolis as a whole. At $1,524/mo, it's $113 above the Indianapolis citywide median of $1,411/mo.

When was rent data for ZIP 46268 last updated?

Rent data for ZIP 46268 reflects July 20, 2026. RentDataNow refreshes all data monthly using public and private datasets.
Income Affordability
27%
AFFORDABLE

At $1,524/mo, rent takes ~27% of ZIP 46268's median household income ($68,631/yr). The standard benchmark is 30%.

ZIP 46268 27%Benchmark 30%
State income tax3.05%
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Schools nearby

Public schools near ZIP 46268 (Indianapolis, IN)

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