Last updated on June 19, 2026

Average rent in
Indianapolis, IN

Key takeaways for renters

  • The bottom line

    Indianapolis, IN rent is essentially flat year over year, with a current median of $1,395/month. Month to month, rent softened by 0.7%, reflecting a broadly steady market.

  • Indianapolis sits 28.5% more affordable than the $1,950/month national median, with 1,529 total rentals offering a mid-tier market for renters seeking value in the Midwest.

  • Rent ranges by bedroom

    Studios in Indianapolis rent for about $895/month, 1-bedrooms for $1,000/month, 2-bedrooms for $1,284/month, 3-bedrooms for $1,645/month, and 4+ bedrooms for $1,960/month. These bedroom tiers show a wide range of options for renters across the city.

  • Neighborhood spotlight

    Arden rents fell 48.8% year over year to $1,379/month across 18 rentals. Aspen Ridge and Summerfield South also saw large declines of 44.1% and 43.0%, respectively, indicating notable local decreases in rent within Indianapolis.

Median rent

Median rent in Indianapolis

$1,395/mo

Flat

vs previous year

The average rent in Indianapolis is $1,395 per month as of June 2026. This is 28% below the national average rent, or $555 less per month.

$1.23

average price per square foot

Total rentals

Available rentals in Indianapolis

1,529

for rent on Zumper.com as of June 2026

Rent price distribution

Share of Indianapolis rentals at each price point

55%41%28%14%0%
$0 - $750
$751 - $1,500
$1,501 - $2,250
$2,251 - $3,000
$3,001+

Rent trends in Indianapolis, IN

Average rent prices in Indianapolis have decreased by 1% over the last month and have remained the same since last year.

Rent trends

Rent prices on this page are calculated on a rolling 30-day basis and updated daily.

Compare rent prices in Indianapolis, IN

Rent prices in Indianapolis vary by bedroom size, rental type, and neighborhood. The average rent for an apartment in Indianapolis is $1,239, whereas a house costs $1,645. 1-bedroom apartments in Indianapolis run $1,069 on average, while 2-bedroom apartments are $1,299.

Listings

Studio

$895

2%

6%

1 bedroom

$1,000

2%

2%

2 bedroom

$1,284

1%

2%

3 bedroom

$1,645

No Change

No Change

4 bedroom

$1,960

5%

10%

Studio

Average rent

$895

Last 30 days

2%

Last year

6%

1 bedroom

Average rent

$1,000

Last 30 days

2%

Last year

2%

2 bedroom

Average rent

$1,284

Last 30 days

1%

Last year

2%

3 bedroom

Average rent

$1,645

Last 30 days

No Change

Last year

No Change

4 bedroom

Average rent

$1,960

Last 30 days

5%

Last year

10%

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.

How does rent in Indianapolis, IN compare to other cities?

Compare median rent prices in Indianapolis and Avon by all bedroom counts and property types.

Indianapolis

Median rent price$1,395
decreased by28%

lower than the national median

Median rent price$1,912
decreased by2%

lower than the national median

Takeaway

The median rent for all rentals in Indianapolis, IN is 27% lower than the median rent in Avon, IN.

Cost of living in Indianapolis, IN

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 & Services5% lower
GroceriesNo difference
Health15% lower
Housing25% lower
Transportation1% lower
Utilities6% lower

Discover rentals in Indianapolis, IN

Proctor Place - Photo 1 of 1

3d ago

7.7

Very good

Proctor Place

240 N Warman Ave, Indianapolis, IN 46222

1–3 beds

1–2 baths

$492–$1,400

Apartment for rent

601 W 30th St #4 - Photo 1 of 1

2d ago

Near Northwest - Riverside apartment for rent in Indianapolis

601 W30 - 4

601 W 30th St #4, Indianapolis, IN 46208

1 bed

2 baths

$563

Apartment for rent

Available Nov 15

3123 E Michigan St #B - Photo 1 of 1

4h ago

Near Eastside condo for rent in Indianapolis

CONDOS - Other - Indianapolis, IN

3123 E Michigan St #B, Indianapolis, IN 46201

2 beds

1 bath

$625

Condo for rent

Garfield Parkside Townhomes - Photo 1 of 1

4d ago

7.7

Very good

Garfield Parkside Townhomes

401 E Southern Ave, Indianapolis, IN 46225

3 beds

2 baths

$708–$2,148

Apartment for rent

Stay up to date with rental market insights

Are you interested in licensing our current and historical rental real estate data, or do you have custom data requests? Contact datalicensing@zumper.com.

Frequently asked questions for Indianapolis, IN

Quick answers to common questions about the Indianapolis rental market.

How much is rent in Indianapolis?

The average rent in Indianapolis is $1,395 per month as of June 13, 2026.

Is rent up or down in Indianapolis?

Average rent prices in Indianapolis have decreased by 1% over the last month and have remained the same since last year.

How does Indianapolis rent compare to the national average?

Rent in Indianapolis is 28% below the national average, which means renters are paying approximately $555 less per month.

Which neighborhoods are most affordable in Indianapolis?

The most affordable neighborhoods in Indianapolis are Near Northwest Riverside ($1,150/mo), Near Eastside ($1,199/mo), and Near Southeast ($1,200/mo).

What salary do I need to afford rent in Indianapolis?

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.

When is the best time of year to rent in Indianapolis?

Indianapolis rental prices in 2025 show one-bedroom apartments averaging around $1,100 per month, while two-bedroom units rent for around $1,300 monthly. These figures reflect the current market across Indiana's capital city, where two-bedroom apartments represent 29% of available inventory compared to 25% for one-bedroom units.

Methodology

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).

Apartments for rent in Avon