Zionsville, Indiana Rental Market Trends
Any shifts in rent prices brought forth by the COVID-19 pandemic are not yet reflected in the statistics on this page. Please bear this in mind when referencing the data below, as it may not accurately describe the current context of the Zionsville, Indiana rental market.
Zionsville, Indiana
Average Apartment Rent
$1,727
Y-o-Y Change in Average
Apartment Rent
3.9%
As of March 2026
Compared to a year ago, Zionsville, Indiana apartments have recorded a 3.9% rent increase.
Zionsville, Indiana Average apartment rent trend
Zionsville, Indiana Average Apartment Rent
Zionsville, Indiana Apartment rent ranges
At 65.01%, apartments priced $1,500 - $2,000 represent the bulk of Zionsville, Indiana rentals, while condos priced Over $3,000 hold the lowest share of the market – 0.79%.
Zionsville, Indiana Housing tenure**
Renters take up 15% of Zionsville, Indiana real estate, occupying a total of 1,693 units, while homeowners live in 9,578 properties.
Median number of rooms of renter-occupied housing units**
4.2
Renter median household income**
$67,994
Average household size of renter-occupied housing units**
1.78
Rental vacancy rate**
6.8%
Zionsville, Indiana Renter-occupied housing units by no. of bedrooms**
There are 590 rentals in Zionsville, Indiana with 2 beds making up the highest share of the market, at 35%. Units with No bedrooms, on the other hand, hold the lowest percentage (8%), amounting to 138 units. Overall, the median number of rooms in Zionsville, Indiana homes for rent is 4.2.
Zionsville, Indiana Renter-occupied units by age of householder**
Most condos for rent in Zionsville, Indiana are occupied by residents in the 25 - 34 years age group (23%), followed by those in the 35 - 44 years age group (17%). At the same time, people in the 60 - 64 years age group make up the lowest share of the local rental market – 1%.
Zionsville, Indiana Renter-occupied housing units by family type**
Zionsville, Indiana Renter-occupied housing units by the presence of own children**
A total of 792 apartments for rent in Zionsville, Indiana, or 47% of all rentals are family households. Additionally, 16% of rental homes include children under the age of 18 – that’s 277 units. All in all, the median size of a renter-occupied household in Zionsville, Indiana is 1.78.
Zionsville, Indiana Renter-occupied housing units by educational attainment**
In terms of education, renters holding bachelor degrees or higher make up 44% of the rental market. In contrast, residents with less than a high school degree reside in 1% of the homes for rent in Zionsville, Indiana.
Zionsville, Indiana Renter-occupied units by year structure built**
The highest share of Zionsville, Indiana apartment rentals, namely 36% or 616 units, were Built 2000 - 2009, followed by those Built 2010 - 2019 (20%, 347 units), and the ones Built 1990 - 1999 (17%, 281 units).
Zionsville, Indiana Renter-occupied units by year householder moved in**
Median year renter moved into unit 2018
Most Zionsville, Indiana renters (47%) moved in 2010 to 2017, while only 1% of them moved in 1990 to 1999. Overall, the median year renters have occupied their Zionsville, Indiana condos for rent is 2018.
Zionsville, Indiana Renter-occupied housing units by vehicles available**
When it comes to transportation options, 41% of Zionsville, Indiana renters have 2 vehicles available per household, 41% of them have 1 vehicle available, and 16% have No vehicle available.
Zionsville, Indiana Means of transportation to work of householders living in renter-occupied housing units**
Zionsville, Indiana Geographical mobility in the past year for householders living in renter-occupied housing units**
The rental statistics on this page were compiled using data provided by our sister company, Yardi Matrix, an apartment market intelligence solution which offers comprehensive information on all Zionsville, Indiana apartment buildings 50 units or larger. Yardi Matrix covers ~80% of the U.S. metro area population, including over 80,000 properties and 15.2 million apartments across 124 U.S. markets.
*Average single-family rent calculated from point2homes.com data.
**Data sourced from U.S. Census Bureau; American Community Survey, 2022 American Community Survey 5-Year Estimates
