Zip Code

Average Rent in 46254

46254 is a zip code in Indianapolis-Carmel, IN MSA. It ranks #57 out of 81 for places to rent. 46254 is in
the state of
Indiana,
the county of
Marion County,
the congressional districts of
District 05, District 07 and
the city of
Indianapolis. Dwellsy has rental data there are no sections, 5 neighborhoods and no rental communities in 46254.
The average rent over the last 3 months for places in 46254 is $1,314 which represents a decrease of -0.49% over the same period.

Rental Price Comparison

The average rent for places in zip 46254 currently stands at $1,314.
In comparison, places in the average state, specifically Indiana, is more expensive, with an average rent of $1,352. This represents a difference of +3% when compared to 46254.
Meanwhile, in the average msa of Indianapolis-Carmel, IN MSA, the average rent for the same type of housing is $1,423, showing a more expensive of +8% from our subject location.
On a national scale, the average rent for a similar places across the United States is $1,844. This constitutes a more expensive by +40% when compared to the rent in 46254.
$1,314
46254
VS
$1,352
+3%
IN, state
$1,423
+8%
Indianapolis-Carmel, IN MSA, msa
$1,844
+40%
USA, us

Average price for rental listings over the last 3 months. Last updated April 12 2026