How much is a home worth in ZIP code 46184?

The typical home in 46184 is worth $269,436, based on the Zillow Home Value Index.

Are home values rising in 46184?

Home values in 46184 are up 1.4% over the past year, and up 5.9% a year over five years.

What is the typical rent in 46184?

A typical home in 46184 rents for about $1,964 a month, a gross rental yield of 8.7%.

What is the property tax rate in 46184?

The effective property tax rate in 46184 is 0.7% — roughly $1,978 a year on a typical home.

ZIP code 46184 has a population of 13,304 and a median household income of $99,865.

HousingHandbookReference data

…

U.S. ZIP Code · IN46184

Johnson County · Indianapolis-Carmel-Greenwood, IN

Typical home value

$269,436^[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year: +1.4%
5-year / yr: +5.9%
10-year / yr: +7.8%

Relative price

vs U.S.: -5.2%
vs metro: -6.7%
vs state: +16.5%

Price history

Zillow Home Value Index — monthly, smoothed and seasonally adjusted.

The typical home in 46184 is worth $269,436 — 6.7% below the Indianapolis-Carmel-Greenwood, IN median. Over the past year, values have risen 1.4%. Homes here rent for a typical $1,964 a month — a 8.7% gross rental yield. The effective property tax rate is 0.7%.

#Rent & investment

Typical asking rent, and the returns it implies at the current home value.

Monthly rent: $1,964^[2]
Gross yield: 8.7%^[2]
Cap rate: 5.2%^[2]

#Property tax

Effective rate — total real estate taxes paid relative to total home value.

Effective tax rate: 0.7%^[3]
Typical annual tax: $1,978^[3]

#Climate risk

FEMA National Risk Index ratings for Johnson County. "Not Applicable" means the hazard does not threaten the county.

Overall risk: Relatively Low^[4]
Riverine flood: Relatively Moderate
Coastal flood: Not Applicable
Wildfire: Very Low
Drought: Relatively Low
Heat wave: Relatively Low
Hurricane: Very Low
Tornado: Relatively Moderate
Earthquake: Relatively Low
Winter weather: Relatively High

#Who lives here

Population: 13,304^[3]
Median household income: $99,865^[3]

#Migration

Household moves in and out of Johnson County over a year, from IRS tax-return data.

Net migration: +577^[5]
Moved in: 6,265
Moved out: 5,688

Schools

Open public schools in this ZIP, from the NCES Common Core of Data.

Public schools: 4
Elementary: 3
Middle: 0
High: 1

Whiteland Community High School
High · Grades 9–12 · Clark-Pleasant Community Sch Corp
2,082 students
Pleasant Crossing Elementary
Elementary · Grades K–5 · Clark-Pleasant Community Sch Corp
603 students
Break-O-Day Elementary School
Elementary · Grades K–5 · Clark-Pleasant Community Sch Corp
497 students
Whiteland Elementary School
Elementary · Grades K–5 · Clark-Pleasant Community Sch Corp
361 students

Run the numbers

Interactive calculators pre-filled with this ZIP's typical home value, rent, and property-tax rate. Edit any field to recompute.

Home value$Monthly rent$

Gross yield8.7%

Net yield (after ~40% expenses)5.2%

Annual rent$23,565

Gross and net yield are estimates based on the inputs and the selected expense ratio. Actual income and expenses will vary by property and market. Not investment advice.

Home price$Down payment%Interest rate%Loan termyears

Monthly payment$1,362

Loan principal$215,549

Down payment$53,887

Total interest paid$274,921

Estimated monthly payments include principal and interest only. Actual costs will include property tax, insurance, possibly PMI, and HOA fees not modeled here. Loan terms shown are estimates; consult a licensed lender for current rates and qualification.

Home price$Monthly rent$Down payment%Mortgage rate%Property tax rate% / yrMaintenance% / yrRule of thumb: 1% of home value per year.

Own : rent ratio0.89

Monthly cost to own$1,751

Monthly rent$1,964

Owning is meaningfully cheaper month-to-month.

This calculator projects multi-year scenarios based on assumptions about appreciation, rent growth, and investment returns — none of which are guaranteed. Actual outcomes depend on variables this tool cannot know. Not financial or real estate advice.

#Metro ranking

Where this ZIP sits among others in its metro area.

Appreciation: 50th percentile^[1]
Rental yield: 81st percentile^[2]
Property tax: 42nd percentile^[3]

Frequently asked

How much is a home worth in ZIP code 46184?: The typical home in 46184 is worth $269,436, based on the Zillow Home Value Index.
Are home values rising in 46184?: Home values in 46184 are up 1.4% over the past year, and up 5.9% a year over five years.
What is the typical rent in 46184?: A typical home in 46184 rents for about $1,964 a month, a gross rental yield of 8.7%.
What is the property tax rate in 46184?: The effective property tax rate in 46184 is 0.7% — roughly $1,978 a year on a typical home.
Who lives in 46184?: ZIP code 46184 has a population of 13,304 and a median household income of $99,865.

#Comparable ZIPs

Same metro, nearest typical home value. Each card shows the comparable ZIP's headline numbers so you can scan at a glance.

46161 vs 46184 →
Morristown, IN
Typical home
$268,977
Gross yield
—
46126 vs 46184 →
Fairland, IN
Typical home
$270,138
Gross yield
—
46166
Paragon, IN
Typical home
$266,907
Gross yield
—
46228
Indianapolis city (balance), IN
Typical home
$272,675
Gross yield
6.9%
46117
IN
Typical home
$265,295
Gross yield
—
46068
Sharpsville, IN
Typical home
$265,035
Gross yield
—

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#Jump to section

U.S. ZIP Code · IN46184

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