Average Rent in Indianapolis, IN and Rent Price Trends

Rent price trends in
Indianapolis, IN

Rent price trends

Rent prices for all bedroom counts and property types in Indianapolis, IN have remained the same in the last month and have remained the same in the last year.

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

Rent comparables in
Indianapolis, IN
The monthly rent for an apartment in Indianapolis, IN is $1,250. A 1-bedroom apartment in Indianapolis, IN costs about $1,100 on average, while a 2-bedroom apartment is $1,337. Houses for rent in Indianapolis, IN are more expensive, with an average monthly cost of $1,575.


1 bedroom	$1,049	No Change	1%
2 bedroom	$1,295	1%	No Change
3 bedroom	$1,590	1%	2%
4 bedroom	$1,820	2%	6%
Studio	$1,059	3%	4%

		Comparables
Downtown Indianapolis	$1,909
Eagledale	$1,175
Mapleton Fall Creek	$1,000
Martindale Brightwood	$1,175
Near Eastside	$1,125
Near Northside	$1,495
Near Northwest Riverside	$1,199
Near Southeast	$1,097
Near Westside	$1,297
St Vincent Greenbriar	$1,175


Apartments	$1,250	1%	No Change
Condos	$1,300	No Change	No Change
Houses	$1,575	2%	No Change
Rooms	$412	5%	No Change

Studio

Average rent

$1,059

Last 30 days

Last year

1 bedroom

Average rent

$1,049

Last 30 days

No Change

Last year

2 bedroom

Average rent

$1,295

Last 30 days

Last year

No Change

3 bedroom

Average rent

$1,590

Last 30 days

Last year

4 bedroom

Average rent

$1,820

Last 30 days

Last year

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 rent prices in Indianapolis, IN to other cities

Median rent prices in Indianapolis, IN for all bedroom counts and property types compared to Avon, IN.

Indianapolis

Median rent price$1,399

28%

lower than the national median

Median rent price$1,925

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.

More data insights and reports

National Rent Report

Canadian Rent Report

Annual Rent Report

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Average rent in
Nearby cities
Explore rent trends in other markets

Avon

$1,925

Last year

Bargersville

$1,626

17%

Last year

Beech Grove

$1,325

Last year

Brownsburg

$1,750

Last year

Carmel

$2,069

10%

Last year

Fishers

$1,900

Last year

Greenwood

$1,685

Last year

Lebanon

$1,199

Last year

Plainfield

$1,674

Last year

Shelbyville

$925

Last year

Speedway

$1,401

28%

Last year

Whiteland

$1,800

Last year

Cost of living in
Indianapolis, IN

The overall cost of living in Indianapolis, IN is 11% lower than the national average. Explore the cost of essential expenses, then use our rent calculator to help set your budget.