Fishers, IN Rental Market Trends
Highlights
The average rent for an apartment in Fishers is $1,168, a 7% increase compared to the previous year, when the average rent was $1,086.
Average Rent in Fishers, IN
| Average Rent | Y-o-Y Change | Average Apartment Size |
|---|---|---|
| $1,168 | 7% | 1,016 sq. ft. |
The average size for a Fishers, IN apartment is 1,016 square feet, but this number varies greatly depending on unit type, with cheap and luxury alternatives for houses and apartments alike. Studio apartments are the smallest and most affordable, 1-bedroom apartments are closer to the average, while 2-bedroom apartments and 3-bedroom apartments offer a more generous square footage.
Fishers, IN Apartment Rent Ranges
- $701-$1,00029%
- $1,001-$1,50062%
- $1,501-$2,0006%
- > $2,0002%
Fishers, IN Occupied Housing Units
- Renter-occupied Households25%
- Owner-occupied Households74%
8,135 or 25% of the households in Fishers, IN are renter-occupied while 23,882 or 74% are owner-occupied.
Fishers, IN Rent Trends
| Average Rent | Mar / 2017 | Jul / 2017 | Nov / 2017 | Mar / 2018 | Jul / 2018 | Nov / 2018 | Mar / 2019 | Jul / 2019 | Nov / 2019 | Feb / 2020 |
|---|---|---|---|---|---|---|---|---|---|---|
| Fishers, IN | $1,054 | $1,050 | $1,044 | $1,057 | $1,057 | $1,084 | $1,086 | $1,129 | $1,146 | $1,168 |
| National | $1,337 | $1,368 | $1,371 | $1,374 | $1,408 | $1,417 | $1,422 | $1,458 | $1,466 | $1,468 |
How Fishers Compares to Other Cities
| Average Rent | Y-o-Y Change | |
|---|---|---|
| Indianapolis | $902 | 5% |
| Lawrence | $770 | 10% |
| South Bend | $963 | 6% |
| Bloomington | $1,126 | 2% |
| Fort Wayne | $802 | 6% |
| Fishers | $1,168 | 7% |
| Carmel | $1,178 | 6% |
| Noblesville | $1,058 | 6% |
| Anderson | $715 | 4% |
| Cumberland | $744 | 4% |
| Speedway | $772 | 5% |
For more information about the Fishers rental trends, check out our monthly rent report
Check out Indiana Cities, Indiana Neighborhoods and Indiana Zip Codes for more details on verified listings, including the Indiana Average Rent.
Curious about listings in your area? Check out our apartments near you for more details!