ZIP Code · IN

ZIP 46703

Part of Angola, IN

Pop. 18,572·Steuben County·117th most expensive ZIP in Indiana

Median rent (all units)

$1,085/mo

Year-over-Year

Stable

Month-over-Month

+2.4%

vs US Median

-$863

Reported rents

Rising (Monthly)

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Most AffordableMost Expensive

ZIP 46703 · $1,085

More affordable than 96% of US ZIP codes · National median $1,948/mo

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Medians by bedroom

Rent by unit size

Studio

$750

1 BR

$750

2 BR

$990

3 BR

$1,280

4 BR+

$1,310

Research median

$990/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: August 17, 2026

From the history

What the numbers show

What a typical income covers

30% of the median household income ($74,569) is $1,864 a month. That covers HUD's Fair Market Rent for up to a 4-bedroom ($1,310).

From Zillow's monthly rent index (ZORI) for ZIP 46703. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.

Annual cost

$13,020/yr

At $1,085/mo median

Location

CityAngola

StateIN

CountySteuben County

Rent Market Meter

Landlord's Market

Renter's MarketBalancedLandlord's Market

Rents are climbing (0.0% YoY), so leverage tilts toward landlords. Act sooner rather than later.

Based on rent-price momentum (+0.0% YoY, +2.4% MoM), not inventory.

Demographics

Who lives here

ZIP 46703 (Angola, IN) is majority owner-occupied, 27.3% of residents hold a bachelor's degree or higher.

Population

18,572

Median income

$74,569

Median age

40.2

Renters

27.8%

Age distribution

20.4%

25.2%

20.8%

13.8%

19.8%

Under 1820.4%

18–3425.2%

35–5420.8%

55–6413.8%

65+19.8%

Gender

52.8%

47.2%

Male52.8%

Female47.2%

Race & ethnicity

91.7%

White91.7%

Black1.1%

Hispanic6.3%

Asian0.7%

Education (25+)

34%

30.6%

27.3%

No HS diploma8.1%

HS diploma34%

Some college30.6%

Bachelor's+27.3%

Housing tenure

72.2%

27.8%

Owner72.2%

Renter27.8%

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

2021 vs 2026

How ZIP 46703 in Angola, IN has changed in 5 years

Income

$61,192 → $74,569

up 21.9%

Population

18,421 → 18,572

up 0.8%

Renter share

25.9% → 27.8%

+1.9 pts

Bachelor's+

26.4% → 27.3%

+0.9 pts

Median age

40.8 → 40.2

-0.6 yrs

On the earnings side, the typical household in ZIP 46703 in Angola, IN now reports about $74,569, up from $61,192 in 2021. The renter share has risen from 25.9% to 27.8%, with owner-occupied housing accounting for the remainder.

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About renting in ZIP 46703

Last updated: August 17, 2026

ZIP code 46703 covers Angola, IN. The median rent here is $1,085/mo as of August 2026. A 1-bedroom rents for a median of $750/mo. A 2-bedroom rents for a median of $990/mo.

At 17% of local median household income ($74,569/yr), ZIP 46703 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 46703?

To keep rent at or below 30% of gross income, you would need to earn at least $43,000/year (about $21/hour full-time) to afford the median rent of $1,085/mo in ZIP 46703. The local median household income is $74,569/yr, so the typical household meets that bar.