Bedroom count
Property type
Last updated on September 18, 2026
Last updated on September 18, 2026
Bedroom count
Property type
Indianapolis, IN rent is essentially flat year over year, with a current median of $1,375/month. Month-to-month rent is unchanged, and renters are paying roughly the same as last year on average across 1,683 total rentals.
Indianapolis sits 27.6% more affordable than the $1,900/month national median, offering a more accessible market for renters seeking value in the Midwest.
Studios rent for $926/month, 1-bedrooms for $1,010/month, 2-bedrooms for $1,299/month, 3-bedrooms for $1,620/month, and 4+ bedrooms for $1,998/month. This range reflects the variety of unit sizes available in Indianapolis, IN.
The Devon neighborhood saw a YoY rent increase of 133.2%, contrasting with the citywide trend of essentially flat rents. This sharp rise shows localized demand shifts within Indianapolis, IN.
Median rent in Indianapolis
$1,375/mo
vs previous year
The average rent in Indianapolis is $1,375 per month as of September 2026. This is 28% below the national average rent, or $525 less per month.
average price per square foot
Available rentals in Indianapolis
1,683
for rent on Zumper.com as of September 2026
Share of Indianapolis rentals at each price point
Average rent prices in Indianapolis have remained the same over the last month and have decreased by 1% 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 $1,089 on average, while 2-bedroom apartments are $1,299.
Listings | ||||
|---|---|---|---|---|
Studio | $926 | 2% | 7% | |
1 bedroom | $1,010 | 2% | 5% | |
2 bedroom | $1,299 | 1% | 1% | |
3 bedroom | $1,620 | No Change | 3% | |
4 bedroom | $1,997 | 1% | 7% |
Listings | ||
|---|---|---|
Downtown Indianapolis | $1,824 | |
Irvington | $969 | |
Mapleton Fall Creek | $1,015 | |
Martindale Brightwood | $1,250 | |
Near Eastside | $1,200 | |
Near Northside | $1,467 | |
Near Northwest Riverside | $1,195 | |
Near Southeast | $1,200 | |
Near Westside | $1,229 | |
St Vincent Greenbriar | $1,269 |
Listings | ||||
|---|---|---|---|---|
Apartments | $1,229 | 1% | No Change | |
Condos | $1,350 | 1% | No Change | |
Houses | $1,600 | 1% | No Change | |
Rooms | $458 | 7% | No Change |
Studio
Average rent
$926
Last 30 days
2%
Last year
7%
1 bedroom
Average rent
$1,010
Last 30 days
2%
Last year
5%
2 bedroom
Average rent
$1,299
Last 30 days
1%
Last year
1%
3 bedroom
Average rent
$1,620
Last 30 days
No Change
Last year
3%
4 bedroom
Average rent
$1,997
Last 30 days
1%
Last year
7%
Downtown Indianapolis
Average rent
$1,824
Near Eastside
Average rent
$1,200
Near Northwest Riverside
Average rent
$1,195
Near Northside
Average rent
$1,467
Near Southeast
Average rent
$1,200
Near Westside
Average rent
$1,229
Martindale Brightwood
Average rent
$1,250
St Vincent Greenbriar
Average rent
$1,269
Mapleton Fall Creek
Average rent
$1,015
Irvington
Average rent
$969
Apartments
Average rent
$1,229
Last 30 days
1%
Condos
Average rent
$1,350
Last 30 days
1%
Houses
Average rent
$1,600
Last 30 days
1%
Rooms
Average rent
$458
Last 30 days
7%
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 34% 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 $1,375 per month as of September 12, 2026.
Average rent prices in Indianapolis have remained the same over the last month and have decreased by 1% since last year.
Rent in Indianapolis is 28% below the national average, which means renters are paying approximately $525 less per month.
The most affordable neighborhoods in Indianapolis are Irvington ($969/mo), Mapleton Fall Creek ($1,015/mo), and Near Northwest Riverside ($1,195/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.
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).