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Latest available · Census ACS 5-Year (2024)

What Is the Average Rent in ZCTA5 46256, Indiana?

$1,175/month 3.4%vs 2023 ($1,136)

ZIP code · Census ACS 5-Year estimates

The median gross rent in ZCTA5 46256, Indiana (ZIP 46256) is $1,175/month (±$48), based on Census ACS 5-Year estimates (2024). The median home value is $318,200 (±$13,253), and the median household income is $93,847/year. The unemployment rate in Marion County, Indiana was 2.8% as of April 2026 (preliminary). Source: U.S. Census Bureau, American Community Survey, 2024 5-Year Estimates.

Housing Metrics for ZIP 46256

MetricValue
Median Gross Rent$1,175
Median Home Value$318,200
Median Household Income$93,847
Total Housing Units9,041
Renter-Occupied Units2,438
Renter-Occupied Share27%
Households Paying 50%+ Income481 households
Unemployment Rate(April 2026)2.8%

How does ZIP 46256 compare?

Median gross rent ranked against all ZIP codes in Indiana.

Higher rent than 84% of ZIP codes in Indiana · 101st of 642

Cheapest: ZCTA5 47516($496)
Priciest: ZCTA5 46371($2,095)
#ZIP codeValue
1ZCTA5 46371$2,095
2ZCTA5 46075$2,034
3ZCTA5 47231$2,025
… 97 more …
101ZCTA5 46256(you are here)$1,175
… 538 more …
639ZCTA5 47516$496
641ZCTA5 46186$485
642ZCTA5 47989$483

Geography

ZIP 46256 is in Marion County, Indiana.

It covers part of Indianapolis city (balance), Indiana.

More data for ZCTA5 46256

Frequently asked questions

What is the average rent in ZCTA5 46256, Indiana?

The median gross rent in ZCTA5 46256, Indiana (ZIP 46256) is $1,175/month, based on Census ACS 5-Year estimates (2024). Gross rent includes contract rent plus utilities. Source: U.S. Census Bureau, American Community Survey 5-Year Estimates, 2024.

What is the average rent for a 2-bedroom in ZCTA5 46256, Indiana?

The median rent for a 2-bedroom in ZCTA5 46256, Indiana is not available based on Census ACS 5-Year estimates (2024). Source: U.S. Census Bureau, American Community Survey 5-Year Estimates, 2024.

What is the median home value in ZCTA5 46256, Indiana?

The median home value in ZCTA5 46256, Indiana (ZIP 46256) is $318,200 according to Census ACS 5-Year estimates (2024).

What percentage of renters in ZCTA5 46256 are rent-burdened?

In ZCTA5 46256, Indiana, 481 households pay 50% or more of their income for rent. A household is considered rent-burdened when it spends more than 30% of income on housing costs.

What is the median household income in ZCTA5 46256, Indiana?

The median household income in ZCTA5 46256, Indiana is $93,847/year according to Census ACS 5-Year estimates (2024).

How reliable is Census ACS data for small areas?

The ACS 5-Year estimates combine 60 months of data for more reliable figures in smaller geographies. Each estimate has a margin of error (MOE). For example, the median rent of $1,175 has a margin of error of ±$48. In very small areas, MOEs can be large relative to the estimate.

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This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau. Data from the American Community Survey (ACS) 5-Year Estimates, public domain.