US5.com
  1. Home
  2. States
  3. Indiana
  4. ZIP 46113
  5. Housing & Real Estate
Indianapolis city (balance), IN

ZIP 46113 — Housing & Real Estate

Source: U.S. Census Bureau ACS 2019–2023 5-Year Estimates. Page data updated 2026-08-02.

Middle ClassLow Snow Area

Home values, rent, tenure, and housing stock

Housing & Real Estate in ZIP Code 46113

Median Home Value
$225,700
Median Rent
$1,070
Affordability Snapshot
$62,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$1,450/mo PITI).

15%
Rent-to-Income Ratio

Below the 30% threshold — generally affordable for median earners.

2.6x
Home Price-to-Income Ratio

Below 3x — relatively affordable housing market.

17.6 yrs
Price-to-Rent Ratio

Years to break even buying vs renting at median home value and rent.

To comfortably buy a median-priced home in ZIP 46113 in Indianapolis city (balance), IN, a household would need roughly $62,000 in annual income under a 20% down, 30-year loan at 6.8% (illustrative), keeping housing costs near 28% of income. Estimated monthly PITI is about $1,450. That sits below the local median household income ($85,510), suggesting the typical household income is closer to a workable buy-in level under these assumptions. Rates, taxes, insurance, and HOA fees vary — treat this as a planning estimate, not a lender quote.

Housing Tenure

Mostly owner-occupied, low vacancy — stable housing market.

Heating Fuel
Housing Metrics
Owner Occupied
78.4%+20% vs US avg
x
Vacancy Rate
3.1%-70% vs US avg
x
Broadband Access
91.1%+5% vs US avg
x
4+ Bedrooms
2.5%-83% vs US avg
x
Built Pre-1939
2.5%-80% vs US avg
x
Built Post-2014
4.0%-43% vs US avg
x
Rent Burden >30%
8.5%-83% vs US avg
x
Mortgage-Free
23.7%-38% vs US avg
x
$225,700
Home Value
$1,070
Rent
1999
Year Built
2014
Moved In

Residents have lived here since ~2014 on average

Housing Structure

Census ACS structure types (single-family, multi-unit, etc.).

  • 1-unit detached77.3%
  • 1-unit attached5.7%
  • 2-9 units9.2%
  • 10+ units4.2%
  • Mobile home & other3.6%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$225,700
Median rent$1,070
Owner-occupied78.4%
Vacant3.1%
Price-to-income2.6x
Est. income to buy$62,000