Zip Code

Average Rent in 46240

46240 is a zip code in Indianapolis-Carmel, IN MSA. It ranks #43 out of 76 for places to rent. 46240 is in
the state of
Indiana,
the county of
Marion County,
the congressional districts of
District 05, District 07 and 6 cities. Dwellsy has rental data there are no sections, 8 neighborhoods and no rental communities in 46240.
The average rent over the last 3 months for places in 46240 is $1,468 which represents a decrease of -3.72% over the same period.

Rental Price Comparison

The average rent for places in zip 46240 currently stands at $1,468.
In comparison, places in the average state, specifically Indiana, is less expensive, with an average rent of $1,353. This represents a difference of -8% when compared to 46240.
Meanwhile, in the average msa of Indianapolis-Carmel, IN MSA, the average rent for the same type of housing is $1,444, showing a less expensive of -2% 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 +27% when compared to the rent in 46240.
$1,468
46240
VS
$1,353
-8%
IN, state
$1,444
-2%
Indianapolis-Carmel, IN MSA, msa
$1,859
+27%
USA, us

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