Zip lookup · IN

46118
Clayton, Indiana.

Clayton, Hendricks County, IN · Indianapolis-Carmel-Anderson, IN metro · population 4,709

What it costs per month · 46118 $1,732/mo

to buy the typical home at today's mortgage rate — +$973 (+128%) since Jan 2020.

What the home itself did
1 year
Up $8,388 +3%
$321,671$330,059 since Sep 2025
5 years
Up $69,608 +27%
$260,450$330,059 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 46118 $1,732 United States $1,922
$500 $1,000 $1,500 $2,000 2002 2010 2018 2026
  • 46118$1,732
  • United States$1,922

At the last five years' pace, a typical home here doubles in price every 15 years.

Typical home values in zip 46118 rose 2.6% over the past year — faster than the nation's +1.2%.

This zip spans 2 counties: Hendricks County, IN 93% · Morgan County, IN 7%

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

Typical home value $330,059 as of Sep 2026
+2.6%year on year

Typical home value — 46118

Mid-tier homes, smoothed and seasonally adjusted.

$150,000 $200,000 $250,000 $300,000 $350,000 2018 2020 2022 2024 2026 46118 $330,059 Indianapolis $291,634 United States $366,157
$150,000 $200,000 $250,000 $300,000 $350,000 2018 2022 2026
  • 46118$330,059
  • Indianapolis$291,634
  • United States$366,157

Within 20 miles

Showing 30 of 33 zips in range — sorting picks from all 33.

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
5.4 46103 Amo 361 — $196,586
6.4 46180 Stilesville 1,085 — $291,076
6.7 46157 Monrovia 4,558 — $304,014
7.4 46168 Plainfield 38,826 $1,703 $332,172
8.0 46122 Danville 16,974 $1,708 $347,763
8.1 46121 Coatesville 5,271 — $333,758
9.3 46158 Mooresville 24,878 — $315,262
10.1 46123 Avon 43,353 $1,916 $352,697
11.3 46111 Brooklyn 448 — $192,482
11.5 46231 Indianapolis 10,371 $2,080 $252,408
11.7 46128 Fillmore 2,490 — $307,562
11.7 46113 Camby 17,192 $1,935 $276,013
14.4 46241 Indianapolis 32,565 $1,369 $154,719
14.8 46165 North Salem 1,992 — $356,555
15.1 46151 Martinsville 32,446 $1,243 $294,716
15.1 46234 Indianapolis 28,300 $1,992 $278,720
15.5 46221 Indianapolis 27,027 $1,389 $204,818
15.7 46214 Indianapolis 24,472 $1,222 $229,417
15.7 46167 Pittsboro 6,944 — $370,473
16.0 46166 Paragon 2,813 — $267,329
16.1 47456 Quincy 1,455 — $274,918
16.1 46149 Lizton 1,952 — $356,009
16.5 46112 Brownsburg 44,220 $1,853 $360,905
17.1 46120 Cloverdale 5,947 — $262,151
17.3 46105 Bainbridge 1,731 — $300,683
17.3 46224 Indianapolis 40,228 $1,111 $198,622
17.6 46217 Indianapolis 36,917 $1,613 $254,781
18.6 46142 Greenwood 34,348 $1,435 $315,557
19.0 46222 Indianapolis 38,887 $1,208 $120,090
19.1 46254 Indianapolis 40,674 $1,230 $220,411

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