Bedroom count
Property type
Last updated on November 5, 2026
Last updated on November 5, 2026
Bedroom count
Property type
Indianapolis, IN rent is essentially flat year over year, with a current median of $1,400/month. Month to month, rent edged up 0.8%.
Indianapolis, IN sits 26.3% more affordable than the $1,900/month national median. The metro has 1,838 total rentals providing a moderate inventory.
In Indianapolis, IN, studios rent for $984/month, 1-bedrooms for $1,009/month, 2-bedrooms for $1,295/month, 3-bedrooms for $1,650/month, and 4+ bedrooms for $1,955/month. This range reflects the variety of unit sizes available across the city.
Linden Wood in Indianapolis, IN saw rents fall 54.5% year over year to $1,275/month across 13 rentals. Southeast Warren rents rose 23.6% year over year to $2,095/month, showing divergent neighborhood dynamics within the city.
Median rent in Indianapolis
$1,400/mo
vs previous year
The average rent in Indianapolis is $1,400 per month as of October 2026. This is 26% below the national average rent, or $500 less per month.
average price per square foot
Available rentals in Indianapolis
1,838
for rent on Zumper.com as of October 2026
Share of Indianapolis rentals at each price point
Average rent prices in Indianapolis have increased by 1% over the last month and have remained the same since last year.
Rent prices on this page are calculated on a rolling 30-day basis and updated daily.
Rent prices in Indianapolis vary by bedroom size, rental type, and neighborhood. The average rent for an apartment in Indianapolis is $1,229, whereas a house costs $1,600. 1-bedroom apartments in Indianapolis run $1,075 on average, while 2-bedroom apartments are $1,297.
Listings | ||||
|---|---|---|---|---|
Studio | $984 | 9% | 7% | |
1 bedroom | $1,009 | 1% | 4% | |
2 bedroom | $1,295 | No Change | No Change | |
3 bedroom | $1,650 | 3% | 4% | |
4 bedroom | $1,955 | 1% | 7% |
Listings | ||
|---|---|---|
Downtown Indianapolis | $1,800 | |
Irvington | $949 | |
Martindale Brightwood | $1,275 | |
Meadows | $1,141 | |
Near Eastside | $1,199 | |
Near Northside | $1,550 | |
Near Northwest Riverside | $1,199 | |
Near Southeast | $1,195 | |
Near Westside | $1,225 | |
St Vincent Greenbriar | $1,299 |
Listings | ||||
|---|---|---|---|---|
Apartments | $1,229 | No Change | 2% | |
Condos | $1,385 | 4% | 7% | |
Houses | $1,600 | 3% | 2% | |
Rooms | $550 | No Change | 34% |
Studio
Average rent
$984
Last 30 days
9%
Last year
7%
1 bedroom
Average rent
$1,009
Last 30 days
1%
Last year
4%
2 bedroom
Average rent
$1,295
Last 30 days
No Change
3 bedroom
Average rent
$1,650
Last 30 days
3%
Last year
4%
4 bedroom
Average rent
$1,955
Last 30 days
1%
Last year
7%
Downtown Indianapolis
Average rent
$1,800
Near Eastside
Average rent
$1,199
Near Northwest Riverside
Average rent
$1,199
Near Northside
Average rent
$1,550
Near Southeast
Average rent
$1,195
Near Westside
Average rent
$1,225
Martindale Brightwood
Average rent
$1,275
Irvington
Average rent
$949
Meadows
Average rent
$1,141
St Vincent Greenbriar
Average rent
$1,299
Apartments
Average rent
$1,229
Last 30 days
No Change
Last year
2%
Condos
Average rent
$1,385
Last 30 days
4%
Last year
7%
Houses
Average rent
$1,600
Last 30 days
3%
Last year
2%
Rooms
Average rent
$550
Last year
34%
The table above reflects average rent prices in Indianapolis, IN, broken down by the number of bedrooms, neighborhoods, and property types. The availability of data for each category is dependent on market inventory and will adjust depending on your selected filters.
Compare median rent prices in Indianapolis and Avon by all bedroom counts and property types.
Indianapolis
lower than the national median
higher than the national median
Takeaway
The median rent for all rentals in Indianapolis, IN is 30% lower than the median rent in Avon, IN.
Explore rent trends in neighboring markets
Explore the cost of essential expenses, and then use our rent calculator to find out how much rent you can afford.
Expenses accrued by most renters | Average cost compared to national average |
|---|---|
| Goods & Services | 5% lower |
| Groceries | No difference |
| Health | 15% lower |
| Housing | 25% lower |
| Transportation | 2% lower |
| Utilities | 7% lower |
Are you interested in licensing our current and historical rental real estate data, or do you have custom data requests? Contact datalicensing@zumper.com.
Quick answers to common questions about the Indianapolis rental market.
The average rent in Indianapolis is $1,400 per month as of October 31, 2026.
Average rent prices in Indianapolis have increased by 1% over the last month and have remained the same since last year.
Rent in Indianapolis is 26% below the national average, which means renters are paying approximately $500 less per month.
The most affordable neighborhoods in Indianapolis are Irvington ($949/mo), Meadows ($1,141/mo), and Near Southeast ($1,195/mo).
To comfortably afford rent in Indianapolis, you'd need to earn approximately $56,000/year, based on spending no more than 30% of your income on rent.
January offers the best rental deals in Indianapolis, with rents running about 3.3% lower than peak summer months. July sees the highest rents, so timing your search for winter can save money.
Rent prices are based on Zumper's rental listings from the past 30 days. Median rent is calculated across all available listings and property types on the platform. If you filter the page by bedroom count or property type, the pricing throughout the page will update automatically to reflect that segment of the rental market.
Household and population data come from the U.S. Census Bureau. Cost-of-living data is sourced from the Council for Community and Economic Research's Cost of Living Index (COLI).
For additional insights into rental trends, including month-over-month changes and historical comparisons, see Zumper's Monthly Metro Report.
The Zumper Indianapolis Metro Report analyzed active listings last month across metro cities to show the most and least expensive cities and cities with the fastest growing rents. The Indiana one bedroom median rent was $1,022 last month.

The Most Expensive
The Least Expensive

The Fastest Growing (Y/Y%)
The Fastest Growing (M/M%)

About
The Zumper Indianapolis Metro Area Report analyzed active listings that hit the market last month. Listings are aggregated by city to calculate median asking rents.
Crystal Chen is a seasoned real estate and housing market expert with more than a decade of experience analyzing rental trends, housing affordability, and urban living. At Zumper, she leads data storytelling as well as press and media relations, where she translates complex housing research into easily digestible insights for renters, industry professionals, and journalists. Her reports can be seen cited in national outlets like The New York Times, The Wall Street Journal, and CNBC. She is passionate about helping renters navigate today’s evolving housing landscape with clarity and confidence. Living in New York City herself, she knows firsthand the chaos and challenges of navigating a competitive rental market.