Zip Code

Average Rent in 46220

46220 is a zip code in Indianapolis-Carmel, IN MSA. It ranks #54 out of 76 for places to rent. 46220 is in
the state of
Indiana,
the county of
Marion County,
the congressional districts of
District 05, District 07 and 5 cities. Dwellsy has rental data there are no sections, 11 neighborhoods and no rental communities in 46220.
The average rent over the last 3 months for places in 46220 is $1,323 which represents a decrease of -2.97% over the same period.

Rental Price Comparison

The average rent for places in zip 46220 currently stands at $1,323.
In comparison, places in the average state, specifically Indiana, is more expensive, with an average rent of $1,353. This represents a difference of +2% when compared to 46220.
Meanwhile, in the average msa of Indianapolis-Carmel, IN MSA, the average rent for the same type of housing is $1,444, showing a more expensive of +9% from our subject location.
On a national scale, the average rent for a similar places across the United States is $1,859. This constitutes a more expensive by +41% when compared to the rent in 46220.
$1,323
46220
VS
$1,353
+2%
IN, state
$1,444
+9%
Indianapolis-Carmel, IN MSA, msa
$1,859
+41%
USA, us

Average price for rental listings over the last 3 months. Last updated May 31 2026