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Indianapolis city (balance), IN

ZIP 46268 — 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 46268

Median Home Value
$208,500
Median Rent
$1,005
Affordability Snapshot
$57,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$1,339/mo PITI).

19%
Rent-to-Income Ratio

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

3.3x
Home Price-to-Income Ratio

Within the typical 3-5x range for home affordability.

17.3 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 46268 in Indianapolis city (balance), IN, a household would need roughly $57,000 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 $1,339. That is roughly in line with the local median household income ($63,322). Rates, taxes, insurance, and HOA fees vary — treat this as a planning estimate, not a lender quote.

Housing Tenure

Diverse housing tenure.

Heating Fuel
Housing Metrics
Owner Occupied
46.4%-29% vs US avg
x
Vacancy Rate
5.9%-43% vs US avg
x
Broadband Access
90.2%+4% vs US avg
x
4+ Bedrooms
1.5%-90% vs US avg
x
Built Pre-1939
1.0%-93% vs US avg
x
Built Post-2014
0.3%-95% vs US avg
x
Rent Burden >30%
22.0%-56% vs US avg
x
Mortgage-Free
27.9%-27% vs US avg
x
$208,500
Home Value
$1,005
Rent
1988
Year Built
2016
Moved In

Residents have lived here since ~2016 on average

Housing Structure

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

  • 1-unit detached42.2%
  • 1-unit attached12.5%
  • 2-9 units25.0%
  • 10+ units19.1%
  • Mobile home & other1.2%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$208,500
Median rent$1,005
Owner-occupied46.4%
Vacant5.9%
Price-to-income3.3x
Est. income to buy$57,000