ZIP Code · IN

ZIP 46375

Part of Schererville, IN

Pop. 24,188·Lake County·24th most expensive ZIP in Indiana

Median rent (all units)

$1,760/mo

Year-over-Year

Stable

Month-over-Month

-11.4%

vs US Median

-$172

Reported rents

Falling (Monthly)

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Most AffordableMost Expensive

ZIP 46375 · $1,760

More affordable than 54% of US ZIP codes · National median $1,932/mo

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Medians by bedroom

Rent by unit size

Studio

$1,080

1 BR

$1,220

2 BR

$1,480

3 BR

$1,810

4 BR+

$1,960

Research median

$1,480/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

What a typical income covers

30% of the median household income ($93,160) is $2,329 a month. That covers HUD's Fair Market Rent for up to a 4-bedroom ($1,960).

Cheaper nearby

ZIP 46408, 6 miles away, rents for 26% less ($1,300/mo), about $5,500 a year in savings.

From Zillow's monthly rent index (ZORI) for ZIP 46375. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.

Annual cost

$21,120/yr

At $1,760/mo median

Location

CitySchererville

StateIN

CountyLake County

Rent Market Meter

Strong Renter's Market

Renter's MarketBalancedLandlord's Market

Rents are down 0.0% year-over-year. Push hard on price, concessions, and lease terms.

Based on rent-price momentum (+0.0% YoY, -11.4% MoM), not inventory.

Demographics

Who lives here

ZIP 46375 (Schererville, IN) is majority owner-occupied, has a large retiree population, has a median income above the national average, 36.5% of residents hold a bachelor's degree or higher.

Population

24,188

Median income

$93,160

Median age

45.8

Renters

17%

Age distribution

19.8%

16.9%

26.3%

14%

22.9%

Under 1819.8%

18–3416.9%

35–5426.3%

55–6414%

65+22.9%

Gender

47.2%

52.8%

Male47.2%

Female52.8%

Race & ethnicity

75.6%

14.9%

White75.6%

Black7.4%

Hispanic14.9%

Asian2.3%

Education (25+)

27.4%

32.2%

36.5%

No HS diploma3.8%

HS diploma27.4%

Some college32.2%

Bachelor's+36.5%

Housing tenure

83%

17%

Owner83%

Renter17%

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

2021 vs 2026

How ZIP 46375 in Schererville, IN has changed in 5 years

Income

$79,577 → $93,160

up 17.1%

Population

23,796 → 24,188

up 1.6%

Renter share

20.3% → 17%

-3.3 pts

Bachelor's+

36.9% → 36.5%

-0.4 pts

Median age

45.3 → 45.8

+0.5 yrs

On the earnings side, the typical household in ZIP 46375 in Schererville, IN now reports about $93,160, up from $79,577 in 2021. Census counts show ZIP 46375 in Schererville, IN adding about 392 residents over the five-year window, up 1.6% on net. The renter share has eased from 20.3% to 17%, with owner-occupied housing accounting for the remainder.

Community

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Local insights

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About renting in ZIP 46375

Last updated: October 17, 2026

ZIP code 46375 covers Schererville, IN. The median rent here is $1,760/mo as of October 2026. A 1-bedroom rents for a median of $1,220/mo. A 2-bedroom rents for a median of $1,480/mo.

At 23% of local median household income ($93,160/yr), ZIP 46375 ranks as affordable compared to the national benchmark of 30%. Rent prices have stayed steady over the past year.

FAQ

Frequently asked questions

How much income do you need to rent in ZIP 46375?

To keep rent at or below 30% of gross income, you would need to earn at least $70,000/year (about $34/hour full-time) to afford the median rent of $1,760/mo in ZIP 46375. The local median household income is $93,160/yr, so the typical household meets that bar.