Zip lookup · IN

46157
Monrovia, Indiana.

Monrovia, Morgan County, IN · Indianapolis-Carmel-Anderson, IN metro · population 4,558

What it costs per month · 46157 $1,596/mo

to buy the typical home at today's mortgage rate — +$905 (+131%) since Jan 2020.

What the home itself did
1 year
Up $580 +0%
$303,434$304,014 since Sep 2025
5 years
Up $57,900 +24%
$246,114$304,014 since Sep 2021

Monthly payment to buy the typical home

Home value × that month's 30-year mortgage rate, 20% down, principal and interest. This is the line households feel: prices and rates compound each other.

$500 $1,000 $1,500 $2,000 2002 2006 2010 2014 2018 2022 2026 46157 $1,596 United States $1,922
$500 $1,000 $1,500 $2,000 2002 2010 2018 2026
  • 46157$1,596
  • United States$1,922

At the last five years' pace, a typical home here doubles in price every 16 years.

Typical home values in zip 46157 rose 0.2% over the past year — slower than the nation's +1.2%.

Zillow also publishes an index for the city itself: Monrovia, IN — measured over the city limits, which is a different area from this zip.

Typical home value $304,014 as of Sep 2026
+0.2%year on year

Typical home value — 46157

Mid-tier homes, smoothed and seasonally adjusted.

$150,000 $200,000 $250,000 $300,000 $350,000 2018 2019 2020 2021 2022 2023 2024 2025 2026 46157 $304,014 Indianapolis $291,634 United States $366,157
$150,000 $200,000 $250,000 $300,000 $350,000 2018 2022 2026
  • 46157$304,014
  • Indianapolis$291,634
  • United States$366,157

Within 20 miles

Miles sorted ascending, activate to sort descending Zip activate to sort by Zip City activate to sort by City Population activate to sort by Population Rent activate to sort by Rent Home value activate to sort by Home value
5.6 46180 Stilesville 1,085 — $291,076
6.7 46118 Clayton 4,709 — $330,059
8.4 46158 Mooresville 24,878 — $315,262
8.5 46111 Brooklyn 448 — $192,482
9.2 46151 Martinsville 32,446 $1,243 $294,716
9.5 46166 Paragon 2,813 — $267,329
10.3 46103 Amo 361 — $196,586
11.1 47456 Quincy 1,455 — $274,918
11.4 46121 Coatesville 5,271 — $333,758
11.7 46168 Plainfield 38,826 $1,703 $332,172
13.0 46113 Camby 17,192 $1,935 $276,013
13.4 46128 Fillmore 2,490 — $307,562
14.2 46120 Cloverdale 5,947 — $262,151
14.7 46122 Danville 16,974 $1,708 $347,763
15.4 47433 Gosport 4,176 — $246,265
15.6 46231 Indianapolis 10,371 $2,080 $252,408
15.9 46123 Avon 43,353 $1,916 $352,697
17.4 46106 Bargersville 10,159 $1,641 $458,286
18.0 46241 Indianapolis 32,565 $1,369 $154,719
18.1 46221 Indianapolis 27,027 $1,389 $204,818
19.2 46142 Greenwood 34,348 $1,435 $315,557
19.5 46217 Indianapolis 36,917 $1,613 $254,781
19.7 46160 Morgantown 6,514 — $343,924
19.9 47429 Ellettsville 7,399 — $273,645

Coordinates and population from SimpleMaps US Zips (Basic). Rent and home values from Zillow Research.