Housing data for ZIP code 46204

ZIP code 46204 has an estimated 11,400 residents and 7,408 homes (US Census Bureau, 2020–2024 American Community Survey).

Most of its land lies in Indianapolis, Marion County.

85.9% of households rent.

The median gross rent is $1,638 (±$107) a month.

The median home value is $381,400 (±$92,102).

The median household income is $86,396 (±$11,479) a year.

Figures last updated on .

Residents
11,400 (±1,101)
Median gross rent
$1,638
Median home value
$381,400
Households that rent
85.9%

How ZIP code 46204 compares

Estimate (90% margin of error)
ZIP 46204IndianapolisMarion CountyIndianaUnited States
Residents11,400 (±1,101)885,860975,8096,851,073334,922,499
Housing units7,408 (±657)401,428441,0402,976,568143,775,355
Households that rent85.9% (±6.1 points)44.0%43.5%29.4%34.8%
Median gross rent$1,638 (±$107)$1,156$1,153$1,062$1,413
Median home value$381,400 (±$92,102)$224,800$224,000$218,200$332,700
Median household income$86,396 (±$11,479)$66,219$66,346$71,957$80,734
Median real estate taxes (a year)$3,669 (±$475)$2,037$2,028$1,614$3,119
Renters paying 30% or more of income38.4% (±7.5 points)50.7%50.9%48.1%51.1%
Built before 198037.1% (±7.4 points)59.2%58.7%55.0%49.7%
Average commute19.4 minutes (±2.3)24.6 minutes24.5 minutes24.1 minutes26.4 minutes
Households with broadband94.3% (±2.6 points)91.8%91.8%89.9%91.0%
Median age of residents30.8 years (±1.3)34.3 years34.4 years38.1 years38.9 years

In ZIP 46204, median gross rent is higher than in Marion County ($1,153).

It is also higher than in Indiana ($1,062).

It is higher than the national figure ($1,413).

The median gross rent in ZIP code 46204 is higher than in Indianapolis as a whole ($1,156).

Its median home value is higher than in Indianapolis as a whole ($224,800).

Among the 34 ZIP codes in Marion County with a published estimate, ZIP 46204 ranks 2 from highest to lowest median gross rent.

Among the 34 ZIP codes in Marion County with a published estimate, ZIP 46204 ranks 3 from highest to lowest median home value.

Among the 34 ZIP codes in Marion County with a published estimate, ZIP 46204 ranks 9 from highest to lowest median household income.

Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.

Rent in ZIP code 46204

Share of rented homes in each gross-rent range, 2020–2024
Monthly gross rentZIP 46204Marion CountyIndianaUnited States
Less than $5006.9% (±3.5 points)4.3%7.1%6.3%
$500 to $9994.2% (±2.2 points)28.6%36.9%20.2%
$1,000 to $1,49929.6% (±7.0 points)45.4%38.5%28.1%
$1,500 to $1,99934.2% (±8.1 points)15.6%12.0%21.1%
$2,000 to $2,49916.5% (±6.1 points)4.3%3.6%12.0%
$2,500 to $2,9995.9% (±3.6 points)1.1%1.0%5.5%
$3,000 or more2.8% (±1.6 points)0.6%0.9%6.8%

The most common range is $1,500 to $1,999, paid by 34.2% of renting households.

Rent by bedrooms in ZIP code 46204

Census median gross rent beside HUD’s fiscal year 2027 Small Area Fair Market Rent, dollars a month
BedroomsCensus medianHUD Small Area Fair Market Rent
Studio$1,248 (±$136)$1,720
1 bedroom$1,627 (±$119)$1,930
2 bedrooms$2,014 (±$260)$2,220
3 bedrooms$1,679 (±$351)$2,880
4 bedrooms$855 (±$60)$3,500

HUD’s fiscal year 2027 Small Area Fair Market Rent for a two-bedroom home in ZIP 46204 is $2,220 a month.

A Fair Market Rent is HUD’s estimate of the gross rent (shelter plus utilities) of a modest rental home in the area.

Rent burden in ZIP code 46204

Renting households by gross rent as a percentage of household income, 2020–2024
Share of income spent on rentZIP 46204Marion CountyIndianaUnited States
Less than 15%17.8% (±6.1 points)11.9%14.1%12.6%
15% to 19.9%18.2% (±5.8 points)12.3%13.6%12.2%
20% to 24.9%10.8% (±5.0 points)13.3%12.9%12.6%
25% to 29.9%14.8% (±5.9 points)11.6%11.4%11.5%
30% to 34.9%7.1% (±3.5 points)9.2%9.2%9.2%
35% or more31.3% (±6.6 points)41.7%38.9%41.9%

38.4% (±7.5 points) of renting households in ZIP code 46204 spend 30% or more of their income on gross rent.

Home values in ZIP code 46204

Owner-occupied homes by value, 2020–2024
ValueZIP 46204Marion CountyIndianaUnited States
Less than $50,0000.0% (±4.0 points)4.0%6.0%5.3%
$50,000 to $99,9990.0% (±4.0 points)8.1%10.1%6.1%
$100,000 to $149,9995.5% (±6.6 points)12.3%12.7%6.8%
$150,000 to $199,9990.0% (±4.0 points)17.0%15.8%9.0%
$200,000 to $299,99913.3% (±11.0 points)30.2%25.1%17.8%
$300,000 to $499,99944.6% (±25.4 points)20.7%21.8%26.9%
$500,000 to $999,99932.9% (±16.9 points)6.6%7.3%20.9%
$1,000,000 or more3.7% (±4.5 points)1.1%1.2%7.1%

Value is the owner’s own estimate of what the home and lot would sell for, not a sale price or an assessment.

The homes in ZIP code 46204

Housing units by units in structure, 2020–2024
Building typeZIP 46204Marion CountyIndianaUnited States
Single-family, detached1.9% (±1.9 points)59.2%72.6%61.3%
Single-family, attached (townhouse, rowhouse)4.3% (±2.8 points)7.7%3.9%6.2%
2 units0.0% (±0.5 points)2.1%2.3%3.4%
3 or 4 units1.1% (±1.1 points)6.6%3.7%4.3%
5 to 9 units2.4% (±1.7 points)8.0%4.6%4.5%
10 to 19 units4.8% (±2.4 points)6.0%3.4%4.3%
20 or more units85.6% (±4.5 points)8.8%5.0%10.3%
Mobile home0.0% (±0.5 points)1.5%4.4%5.6%
Boat, RV, van, etc.0.0% (±0.5 points)0.1%0.0%0.1%

When the homes in ZIP code 46204 were built

Housing units by year structure built, 2020–2024
Year builtZIP 46204Marion CountyIndianaUnited States
2020 or later4.4% (±2.5 points)1.1%1.7%2.0%
2010 to 201944.7% (±6.9 points)6.6%8.0%9.4%
2000 to 20099.6% (±3.3 points)10.4%12.3%13.6%
1990 to 19993.6% (±2.8 points)12.5%13.6%12.4%
1980 to 19890.6% (±0.7 points)10.7%9.5%12.9%
1970 to 19793.7% (±3.0 points)12.4%13.1%14.2%
1960 to 19696.6% (±2.7 points)13.4%10.5%9.9%
1950 to 19592.1% (±1.4 points)12.2%10.2%9.5%
1940 to 19490.4% (±0.4 points)5.7%5.2%4.4%
1939 or earlier24.3% (±6.0 points)15.0%16.0%11.7%

37.1% of the homes in ZIP code 46204 were built before 1980, so many fall under the federal lead-paint disclosure rules for homes built before 1978.

Heating fuel in ZIP code 46204

Occupied housing units by house heating fuel, 2020–2024
Fuel used mostZIP 46204Marion CountyIndianaUnited States
Utility gas19.2% (±6.2 points)55.6%58.6%46.5%
Fuel oil, kerosene, etc.0.0% (±0.6 points)0.2%0.5%3.9%
Electricity80.4% (±6.2 points)41.7%31.2%41.3%
Bottled or tank gas (propane)0.0% (±0.1 points)1.6%7.2%4.9%
Wood0.0% (±0.6 points)0.1%1.5%1.4%
Solar energy0.0% (±0.6 points)0.0%0.1%0.3%
Coal or coke0.0% (±0.6 points)0.0%0.1%0.1%
Other fuel0.0% (±0.6 points)0.2%0.4%0.5%
No fuel used0.3% (±0.5 points)0.5%0.5%1.2%

How people in ZIP code 46204 get to work

Workers 16 and over by means of transportation to work, 2020–2024
Means of transportationZIP 46204Marion CountyIndianaUnited States
Drove alone52.7% (±7.4 points)72.0%76.3%68.8%
Carpooled1.2% (±1.4 points)9.6%9.1%8.5%
Public transportation1.6% (±1.2 points)1.3%0.6%3.2%
Walked20.8% (±7.3 points)1.7%1.9%2.4%
Other means (bicycle, taxi, motorcycle)1.2% (±1.1 points)1.5%1.4%2.0%
Worked from home22.5% (±6.7 points)13.9%10.7%15.1%

Workers who live in ZIP code 46204 take an average of 19.4 minutes to get to work.

Places in ZIP code 46204

Places whose land overlaps this ZIP code, with the share of the ZIP’s land in each
PlaceShare of the ZIP’s land in this placeMedian gross rentHouseholds that rent
Indianapolis100%$1,15644.0%
Center Township (Marion County)100%$1,17354.2%

A township or a New York town includes the villages inside it, so their shares can add up to more than the whole.

ZIP codes near 46204

Nearest ZIP codes with Census figures, by straight-line distance between their internal points
ZIP codeDistanceMedian gross rentMedian home valueMedian household incomeHouseholds that rent
462021.0 mi$1,288$439,200$63,50670.6%
462252.1 mi$1,119$162,400$55,19044.0%
462012.5 mi$941$170,100$49,19548.4%
462223.4 mi$1,069$116,300$50,78351.7%
462083.4 mi$1,075$220,500$60,06244.1%
462184.0 mi$1,094$103,100$38,06347.2%
462034.0 mi$1,111$168,200$57,39342.2%
462054.2 mi$1,176$304,500$72,41746.3%

Crime reported to police in Indianapolis

Most of ZIP code 46204 is policed by the Indianapolis Police Department, which reported 769 violent and 2,819 property crimes per 100,000 residents to the FBI in 2025.

The FBI publishes crime by police department, not by ZIP code, so this is the department’s figure for the whole area it serves.

ZIP code 46204 is reported as ZIP Code Tabulation Area 46204: the Census Bureau’s area built from census blocks to match the ZIP code’s delivery area as closely as it can.

Survey years: 2020–2024 (American Community Survey 5-year estimates).

Margins of error are at the 90% confidence level.

What you can do on Seayora in ZIP 46204

One account for renting, owning, managing and fixing homes, with these figures beside you.

Own or manage a rental?

List it, sign the lease and collect rent online, with the figures for ZIP 46204 beside you.

Create a landlord account · See what landlords get

Looking for a place to rent?

Browse homes for rent near ZIP 46204, save the ones you like and apply online.

Browse rentals · Create a renter account

Do repairs, renovations or maintenance?

Get found by owners and renters near ZIP 46204, and send estimates and invoices from your phone.

Join as a pro · Find a pro

Questions about ZIP 46204

What is the median rent in ZIP code 46204?

The median gross rent in ZIP Code Tabulation Area 46204 is $1,638 (±$107) a month (2020–2024 American Community Survey).

What is the median home value in ZIP code 46204?

The median value of owner-occupied homes in ZIP code 46204 is $381,400 (±$92,102) (2020–2024 American Community Survey).

What is the median household income in ZIP code 46204?

The median household income in ZIP code 46204 is $86,396 (±$11,479) a year (2020–2024 American Community Survey).

What town is ZIP code 46204 in?

Most of ZIP code 46204’s land lies in Indianapolis; it also covers Center Township (Marion County).

What is the Fair Market Rent for a two-bedroom in ZIP 46204?

HUD’s fiscal year 2027 Small Area Fair Market Rent for a two-bedroom home in ZIP 46204 is $2,220 a month.

Sources

To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) for ZCTA5 46204 (zip code tabulation area:46204).

Each estimate (E or PE) has a margin of error beside it (M or PM).

The API needs a free key.

Request a Census API key.

DP05_0001E, DP05_0001M, DP04_0134E, DP04_0134M, DP04_0089E, DP04_0089M, DP03_0062E, DP03_0062M, DP04_0047PE, DP04_0047PM

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.

Figures last updated on .

Related