Fishers, IN Rental Market Trends
Last updated: October 19, 2025 | Source: RentCafe Market Analysis, Yardi Matrix, U.S. Census Bureau
Highlights
The average rent for an apartment in Fishers is $1,633, a 1.1% increase compared to the previous year, when the average rent was $1,615.
Studio Apartments at $1,230 offer the most budget-friendly option with 613 square feet, ideal for single renters prioritizing location over space.
One-bedroom apartments provide 777 square feet for $1,379, balancing privacy and affordability.
Two-beedroom units at $1,738 offer 1,114 square feet, perfect for roommates or small families.
Three-bedroom apartments deliver maximum space (1,450 sq ft) for $2,077, suitable for larger households.
Average rent in Fishers, IN
| Average Rent | Average Apartment Size | |
|---|---|---|
| All Rentals | $1,633 | 1,015 sq. ft. |
| Studio | $1,230 | 613 sq. ft. |
| 1 Bed | $1,379 | 777 sq. ft. |
| 2 Beds | $1,738 | 1,114 sq. ft. |
| 3 Beds | $2,077 | 1,450 sq. ft. |
Fishers, IN rent trends
Rental prices in Fishers, IN have increased by 1.1% over the past year. The average rent moved from $1,615 to $1,633.
What's the typical rent budget in Fishers, IN?
The largest share of rentals in Fishers, IN (51%) fall between $1,501-$2,000 per month. This suggests that most people succesfully find suitable apartments within this price.
Do most people rent or own in Fishers, IN?
8,762 or 24% of the households in Fishers, IN are renter-occupied while 27,918 or 76% are owner-occupied.
How Fishers Compares to Other Cities
| City | Average Rent |
|---|---|
| Fishers | $1,633 |
| Indianapolis | $1,253 |
| Evansville | $1,016 |
| Fort Wayne | $1,143 |
| Bloomington | $1,579 |
| New Albany | $1,106 |
| Hammond | $1,235 |
| Lafayette | $1,174 |
| South Bend | $1,310 |
| Jeffersonville | $1,231 |
| Greenwood | $1,358 |
| Lawrence | $1,195 |
| Noblesville | $1,566 |
| Carmel | $1,645 |
| Plainfield | $1,551 |
| Westfield, IN | $1,611 |
| Avon, IN | $1,548 |
| Brownsburg, IN | $1,605 |
| Anderson, IN | $1,065 |
| Camby, IN | $1,468 |
| Lebanon, IN | $1,314 |
Where this data comes from
The rental statistics on this page were compiled by RentCafe.com, a nationwide apartment search website trusted by millions of renters to find apartments and houses for rent throughout the U.S.
Rent prices, trends, and apartment sizes were calculated based on data from our sister company, Yardi Matrix, an apartment market intelligence solution that covers approximately 90% of the U.S. metro area population. The data includes comprehensive information on all Fishers apartment buildings with 50 or more units, totaling 23.5 million apartments across 181 U.S. markets.
Housing composition data was sourced from the U.S. Census Bureau, using the most recently available information by tenure.