States › Indiana › Zionsville

Is Zionsville, IN expensive to live in?

CheapRent takes 13 cents of every $1 people earn here.
🏠 Rent per month (2026)$2,00114% higher than U.S. average
💵 Families earn per year (2026)$185,528about $15,461/month · 113% higher than U.S. average
🔑 House price$587,80077% higher than U.S. average

Rent is higher than in 69% of U.S. cities. Household incomes are higher than in 96% of U.S. cities. A typical house costs about 3.2 years of household income. Most homes (84.2%) are owned, so rentals can be hard to find. It is a highly educated city: 72.4% of adults have a college degree.

How much money do I need?

To rent here comfortably, you should earn about $80,040 a year. That is $38 an hour at a full-time job.

Is rent cheaper than other Indiana cities?

No. Rent here is more expensive than in most of Indiana. It is number 129 of 132 cities from cheapest to most expensive.

Zionsville
$2,001
$1,831
$1,177

How much do households earn in Zionsville?

Under $25k
4.6%
$25k–50k
8.5%
$50k–100k
21.4%
$100k–150k
22.9%
$150k+
40.7%

Share of households by yearly income. 63.6% of households earn $100,000 or more.

Rent by apartment size in Zionsville

SizeZionsvilleU.S. average
Studio$485$1,338
1 bedroom$1,836$1,324
2 bedrooms$2,256$1,509
3 bedrooms$1,945$1,698
4 bedrooms$1,640$2,098

Median monthly rent plus utilities for all renters, by number of bedrooms.

How expensive is Zionsville overall?

Everyday prices in Indiana overall are 7% below the U.S. average (index 93.3, U.S. = 100).

Housing
74
Goods (food, clothes…)
96
Utilities
86
Other services
99
U.S. average
100

Source: U.S. Bureau of Economic Analysis, Regional Price Parities 2024. City-level data is not published for Zionsville, so the Indiana figure is shown.

Taxes and bills in Zionsville

🏛️ Property tax$4,798a year · 0.82% of home value · U.S. $3,119
⚡ Electric bill$173a month (typical) · U.S. $156

Life in Zionsville

Commute to work22.7 minU.S.: 26.4 min
College degree72.4%U.S.: 35.7%
Own their home84.2%U.S.: 65.2%
Below poverty line3.1%U.S.: 12.5%
Unemployment2.8%U.S.: 5.2%

Is it cheaper to rent or buy in Zionsville?

Renting is cheaper right now: about $2,078 a month less.

Renting
$2,001
Owning
$4,079

Owning assumes a typical $587,800 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $58,780 for the down payment.

Frequently asked questions

What is the average rent in Zionsville, IN?

Renting in Zionsville costs a median of about $2,001 a month in 2026, including utilities. The Indiana median is $1,219.

How much do I need to make to live in Zionsville?

To keep rent under 30% of income, you need about $80,040 a year, or $38 an hour at a full-time job.

Is Zionsville cheap or expensive?

Zionsville is rated Cheap: rent takes 12.9% of the typical household income of $185,528. It ranks 129th cheapest of 132 Indiana cities we track.

How much are property taxes in Zionsville?

The median homeowner in Zionsville pays $4,798 a year in property taxes, about 0.82% of the median home value.

Is Zionsville more expensive than the national average?

Overall prices in Indiana are 7% below the U.S. average, according to the U.S. Bureau of Economic Analysis.

How much does a house cost in Zionsville?

The median home value in Zionsville is $587,800, about 3.2 times the typical yearly household income.

32,095 people live in Zionsville. Numbers are typical (middle) values.