Gary, IN Rental Market Trends
The average rent for an apartment in Gary is $673, a 2% decrease compared to the previous year, when the average rent was $687.
Average Rent in Gary, IN
|Average Rent||Y-o-Y Change||Average Apartment Size|
|$673||-2%||828 sq. ft.|
The average size for a Gary, IN apartment is 828 square feet, but this number varies greatly depending on apartment type. 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.
Gary, IN Apartment Rent Ranges
Gary, IN Rent Trends
|Jan / 2016||May / 2016||Sept / 2016||Jan / 2017||May / 2017||Sept / 2017||Jan / 2018||May / 2018||May / 2019|
Average Rent in Gary, IN By Neighborhood
|West Side Gary||$712|
|Gary - Chicago Airport||$739|
The most affordable neighborhoods in Gary are Ambridge Mann, where the average rent goes for $618/month, Tolleston, where renters pay $618/mo on average, and Black Oak, where the average rent goes for $643/mo. If you’re looking for other great deals, check out the listings from Aetna ($676), Miller ($676), and Midtown Gary ($690), where the asking prices are below the average Gary rent of $673/mo.
The most expensive neighborhoods in Gary are University Park ($754), Downtown Gary ($788) and Emerson ($788).
Gary | Rent Comparison by Neighborhood
Rent in Aetna is 9% higher than in Ambridge Mann
Aetna rent is 1% higher than Gary average
Ambridge Mann rent is 8% lower than Gary average
How Does Gary Compare to Nearby Cities
|Average Rent||Y-o-Y Change|
|Crown Point City||$930||4%|
For more information about the Gary rental trends, check out our monthly rent report