Bedroom count
Property type
Last updated on August 3, 2026
Last updated on August 3, 2026
Bedroom count
Property type
Indianapolis, IN rent slipped 3.6% year over year, with a current median of $1,375/month. Renters today are paying $9 less per month on average than last year.
Indianapolis is 29.1% more affordable than the $1,940/month national median, offering a more accessible rental market with 1,476 total rentals.
Studios rent for $876/month, 1-bedrooms for $1,047/month, 2-bedrooms for $1,275/month, 3-bedrooms for $1,625/month, and 4+ bedrooms for $1,950/month. These figures show the range renters face by bedroom count.
Aspen Ridge rents fell 48.8% year over year to $1,200/month across 13 rentals, a much steeper decline than the citywide 3.6% drop.
Median rent in Indianapolis
$1,375/mo
vs previous year
The average rent in Indianapolis is $1,375 per month as of August 2026. This is 29% below the national average rent, or $565 less per month.
average price per square foot
Available rentals in Indianapolis
1,476
for rent on Zumper.com as of August 2026
Share of Indianapolis rentals at each price point
Average rent prices in Indianapolis have increased by 1% over the last month and have decreased by 4% 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 $1,237, whereas a house costs $1,630. 1-bedroom apartments in Indianapolis run $1,100 on average, while 2-bedroom apartments are $1,275.
Listings | ||||
|---|---|---|---|---|
Studio | $876 | 1% | 12% | |
1 bedroom | $1,047 | 2% | No Change | |
2 bedroom | $1,275 | 3% | 2% | |
3 bedroom | $1,625 | No Change | 1% | |
4 bedroom | $1,950 | 1% | 9% |
Listings | ||
|---|---|---|
Downtown Indianapolis | $1,870 | |
Mapleton Fall Creek | $1,225 | |
Martindale Brightwood | $1,215 | |
Near Eastside | $1,175 | |
Near Northside | $1,447 | |
Near Northwest Riverside | $1,195 | |
Near Southeast | $1,199 | |
Near Westside | $1,229 | |
South Perry | $1,263 | |
St Vincent Greenbriar | $1,289 |
Listings | ||||
|---|---|---|---|---|
Apartments | $1,237 | 3% | No Change | |
Condos | $1,300 | 2% | No Change | |
Houses | $1,630 | 1% | No Change | |
Rooms | $458 | 3% | No Change |
Studio
Average rent
$876
Last 30 days
1%
Last year
12%
1 bedroom
Average rent
$1,047
Last 30 days
2%
Last year
No Change
2 bedroom
Average rent
$1,275
Last 30 days
3%
Last year
2%
3 bedroom
Average rent
$1,625
Last 30 days
No Change
Last year
1%
4 bedroom
Average rent
$1,950
Last 30 days
1%
Last year
9%
Downtown Indianapolis
Average rent
$1,870
Near Eastside
Average rent
$1,175
Near Northwest Riverside
Average rent
$1,195
Near Northside
Average rent
$1,447
Near Southeast
Average rent
$1,199
Near Westside
Average rent
$1,229
Martindale Brightwood
Average rent
$1,215
St Vincent Greenbriar
Average rent
$1,289
Mapleton Fall Creek
Average rent
$1,225
South Perry
Average rent
$1,263
Apartments
Average rent
$1,237
Last 30 days
3%
Condos
Average rent
$1,300
Last 30 days
2%
Houses
Average rent
$1,630
Last 30 days
1%
Rooms
Average rent
$458
Last 30 days
3%
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 35% 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 | 1% lower |
| Utilities | 6% 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 $1,375 per month as of August 1, 2026.
Average rent prices in Indianapolis have increased by 1% over the last month and have decreased by 4% since last year.
Rent in Indianapolis is 29% below the national average, which means renters are paying approximately $565 less per month.
The most affordable neighborhoods in Indianapolis are Near Eastside ($1,175/mo), Near Northwest Riverside ($1,195/mo), and Near Southeast ($1,199/mo).
To comfortably afford rent in Indianapolis, you'd need to earn approximately $55,000/year, based on spending no more than 30% of your income on rent.
Based on Zumper's July 2026 data, one-bedroom apartments in Indianapolis average around $1,100/month and two-bedrooms approximately $1,290/month.
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).