Indianapolis, IN Rental Market Trends
Highlights
The average rent for an apartment in Indianapolis is $819, a 3% increase compared to the previous year, when the average rent was $796.
Studio apartments in Indianapolis rent for $634 a month, while 1-bedroom apartments ask on average $735 a month; the average rent for a 2-bedroom apartment is $852.
Average Rent in Indianapolis, IN
Last updated Jun 2018
| All rentals | Studio | 1 Bed | 2 Beds | 3 Beds | |
|---|---|---|---|---|---|
| Average Rent | $819 | $634 | $735 | $852 | $999 |
| Y-o-Y Change | 3% | 4% | 3% | 3% | 2% |
| Average Apartment Size | 886 sq. ft. | 426 sq. ft. | 695 sq. ft. | 979 sq. ft. | 1,289 sq. ft. |
The average size for a Indianapolis apartment is 886 square feet, but this number varies greatly depending on apartment type. A studio averages 426 sq. ft., while a one-bedroom apartment offers a more generous square footage: 695. 2-bedroom apartments in Indianapolis have an average size of 979 sq. ft.
Indianapolis, IN Apartment Rent Ranges
- < $5007%
- $501-$70048%
- $701-$1,00032%
- $1,001-$1,50011%
- $1,501-$2,0001%
Indianapolis, IN Rent Trends
| Average Rent All rentals | Studio | 1 Bed | 2 Beds | 3 Beds | |
|---|---|---|---|---|---|
| Jun / 2018 | $819 | $634 | $735 | $852 | $999 |
| Sept / 2017 | $815 | $632 | $731 | $849 | $993 |
| May / 2017 | $807 | $624 | $724 | $841 | $986 |
| Jan / 2017 | $796 | $608 | $714 | $827 | $975 |
| Sept / 2016 | $787 | $593 | $706 | $818 | $962 |
| May / 2016 | $777 | $581 | $699 | $813 | $956 |
| Jan / 2016 | $759 | $565 | $682 | $796 | $931 |
| Sept / 2015 | $753 | $550 | $676 | $791 | $925 |
| May / 2015 | $743 | $548 | $667 | $779 | $917 |
| Jan / 2015 | $735 | $524 | $660 | $770 | $913 |
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Average Rent in Indianapolis, IN By Neighborhood
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| Average Rent | |||||
|---|---|---|---|---|---|
| Neighborhood | All rentals | Studio | 1 Bed | 2 Beds | 3 Beds |
| Christian Park | $530 | $450 | $1,068 | $594 | $704 |
| Traditions | $559 | $445 | $479 | $589 | $800 |
| The Roses of Lawrence | $559 | $445 | $479 | $589 | $800 |
| Pine Hill Estates | $559 | $445 | $479 | $589 | $800 |
| Mills and Hauser | $559 | $445 | $479 | $589 | $800 |
| Glick's East 42nd St | $559 | $445 | $479 | $589 | $800 |
| Deer Run | $559 | $445 | $479 | $589 | $800 |
| Spades Park | $575 | $444 | $523 | $585 | $652 |
| Brookside | $575 | $444 | $523 | $585 | $652 |
| Winding Ridge | $576 | $462 | $507 | $604 | $783 |
| Warren Woods | $576 | $462 | $507 | $604 | $783 |
| The Parks at Winding Ridge | $576 | $462 | $507 | $604 | $783 |
| Royal Oaks | $576 | $462 | $507 | $604 | $783 |
| Rose Haven | $576 | $462 | $507 | $604 | $783 |
| Orchard Valley Farms | $576 | $462 | $507 | $604 | $783 |
| Eastbrooke Meadows | $576 | $462 | $507 | $604 | $783 |
| Cherry Lake | $576 | $462 | $507 | $604 | $783 |
| Bells Run | $576 | $462 | $507 | $604 | $783 |
| Wynfield | $587 | $445 | $516 | $621 | $838 |
| Sangster Harrison | $600 | $436 | $540 | $600 | $652 |
| Otterbein | $600 | $436 | $540 | $600 | $652 |
| Oakhill | $600 | $436 | $540 | $600 | $652 |
| North Brookside Park | $600 | $436 | $540 | $600 | $652 |
| Martindale - Brightwood | $600 | $436 | $540 | $600 | $652 |
| Brookside Sunny Grove | $600 | $436 | $540 | $600 | $652 |
| Audubon Gardens | $600 | $436 | $540 | $600 | $652 |
| Oaklandon | $600 | $462 | $532 | $627 | $825 |
| Watson's | $616 | $465 | $547 | $644 | $803 |
| Glicks East 38th St | $616 | $465 | $547 | $644 | $803 |
| Wilmington Park | $620 | $499 | $579 | $669 | $799 |
| White | $620 | $499 | $579 | $669 | $799 |
| Wallingwood | $620 | $499 | $579 | $669 | $799 |
| Waddy's | $620 | $499 | $579 | $669 | $799 |
| The Arbor's | $620 | $499 | $579 | $669 | $799 |
| Shadeland Park | $620 | $499 | $579 | $669 | $799 |
| Shadeland | $620 | $499 | $579 | $669 | $799 |
| Rosedale Park | $620 | $499 | $579 | $669 | $799 |
| Records | $620 | $499 | $579 | $669 | $799 |
| Pope Place | $620 | $499 | $579 | $669 | $799 |
| Morrow Wood | $620 | $499 | $579 | $669 | $799 |
| Lawrence Terrace | $620 | $499 | $579 | $669 | $799 |
| Lawrence Park | $620 | $499 | $579 | $669 | $799 |
| Lawrence Manor | $620 | $499 | $579 | $669 | $799 |
| Imperial Gardens | $620 | $499 | $579 | $669 | $799 |
| Hy-View Meadows | $620 | $499 | $579 | $669 | $799 |
| Harrison Park | $620 | $499 | $579 | $669 | $799 |
| Green Acres | $620 | $499 | $579 | $669 | $799 |
| Franklin Trails Estates | $620 | $499 | $579 | $669 | $799 |
| Franklin Heights | $620 | $499 | $579 | $669 | $799 |
| Farmington Lakes | $620 | $499 | $579 | $669 | $799 |
| Fall Creek Heights | $620 | $499 | $579 | $669 | $799 |
| Brookside Park | $620 | $499 | $579 | $669 | $799 |
| Atwell Acres | $620 | $499 | $579 | $669 | $799 |
| Allen and Sellers | $620 | $499 | $579 | $669 | $799 |
| North Eastwood | $624 | $469 | $549 | $654 | $829 |
| South Harrison Park | $631 | $445 | $564 | $672 | $972 |
| Arlington Heights | $640 | $479 | $563 | $640 | $745 |
| Forest Manor | $641 | $466 | $576 | $666 | $783 |
| Arlington Woods | $644 | $472 | $574 | $661 | $780 |
| Windridge | $646 | $470 | $577 | $675 | $818 |
| North Lawrence Park | $646 | $470 | $577 | $675 | $818 |
| Henry Seller's to Lawrence | $646 | $470 | $577 | $675 | $818 |
| Devon | $646 | $470 | $577 | $675 | $818 |
| Devington | $646 | $470 | $577 | $675 | $818 |
| Brendonwood | $646 | $470 | $577 | $675 | $818 |
| Brendonridge | $646 | $470 | $577 | $675 | $818 |
| Brendon Park | $646 | $470 | $577 | $675 | $818 |
| Bechtold | $646 | $470 | $577 | $675 | $818 |
| Windsor Village | $650 | $499 | $550 | $650 | $784 |
| Trinity Estates | $650 | $499 | $550 | $650 | $784 |
| Tempo North | $650 | $499 | $567 | $650 | $775 |
| Tempo | $650 | $499 | $567 | $650 | $775 |
| Shadeland Manor | $650 | $499 | $567 | $650 | $775 |
| Irving Ridge | $650 | $499 | $567 | $650 | $775 |
| Elders Washington Place Heights | $650 | $499 | $567 | $650 | $775 |
| Eastwood | $650 | $499 | $567 | $650 | $775 |
| East Gate | $650 | $499 | $567 | $650 | $775 |
| Bullman Home Place | $650 | $499 | $567 | $650 | $775 |
| Fort Harrison State Park | $653 | $499 | $613 | $706 | $914 |
| Irvington | $679 | $509 | $606 | $677 | $827 |
| Trinity Manor | $682 | $485 | $583 | $679 | $833 |
| Speedway Woods | $684 | $453 | $587 | $735 | $890 |
| Mount Auburn | $684 | $453 | $587 | $735 | $890 |
| Homewood Park West | $684 | $453 | $587 | $735 | $890 |
| Falender's Meadowood | $684 | $453 | $587 | $735 | $890 |
| Meadows - Fall Creek | $689 | $467 | $632 | $709 | $794 |
| Thatcher Park | $691 | $482 | $584 | $741 | $871 |
| Eagledale | $691 | $482 | $584 | $741 | $871 |
| Indianapolis Heights | $697 | $453 | $594 | $742 | $908 |
| Woodsong | $704 | $475 | $590 | $706 | $859 |
| Warren Lakes | $704 | $475 | $590 | $706 | $859 |
| Valley Creek | $704 | $475 | $590 | $706 | $859 |
| Sheffield Woods | $704 | $475 | $590 | $706 | $859 |
| Rosswood | $704 | $475 | $590 | $706 | $859 |
| Parkwood Terrace | $704 | $475 | $590 | $706 | $859 |
| Park Valley Estates | $704 | $475 | $590 | $706 | $859 |
| North German Church Woods | $704 | $475 | $590 | $706 | $859 |
| Heather Hills | $704 | $475 | $590 | $706 | $859 |
| Hathaway Homes | $704 | $475 | $590 | $706 | $859 |
| Grassy Village | $704 | $475 | $590 | $706 | $859 |
| Easton | $704 | $475 | $590 | $706 | $859 |
| Cumberland Lakes | $704 | $475 | $590 | $706 | $859 |
| Cumberland Estates | $704 | $475 | $590 | $706 | $859 |
| Brookwood Crossing | $704 | $475 | $590 | $706 | $859 |
| Bradford Trace | $704 | $475 | $590 | $706 | $859 |
| Cedar Spring | $711 | $486 | $595 | $734 | $873 |
| Parc Estates | $714 | $488 | $614 | $765 | $939 |
| Stringtown | $715 | $696 | $575 | $765 | $805 |
| Rainbow Ridge | $715 | $696 | $575 | $765 | $805 |
| Marian - Cold Springs | $715 | $696 | $575 | $765 | $805 |
| Hawthorne | $715 | $696 | $575 | $765 | $805 |
| Haughville | $715 | $696 | $575 | $765 | $805 |
| Fairfax | $715 | $696 | $575 | $765 | $805 |
| Creston | $715 | $696 | $575 | $765 | $805 |
| Springs of Hamptons | $715 | $486 | $607 | $721 | $875 |
| Creekside Woods | $715 | $486 | $607 | $721 | $875 |
| Winchester Village | $718 | $547 | $645 | $749 | $941 |
| Whalen's Fairhope | $718 | $547 | $645 | $749 | $941 |
| West Edgewood | $718 | $547 | $645 | $749 | $941 |
| Walnut Farms | $718 | $547 | $645 | $749 | $941 |
| University Heights | $718 | $547 | $645 | $749 | $941 |
| Twin Brooks | $718 | $547 | $645 | $749 | $941 |
| The Park at Buffalo Creek | $718 | $547 | $645 | $749 | $941 |
| Southgate Farms | $718 | $547 | $645 | $749 | $941 |
| Southdowns | $718 | $547 | $645 | $749 | $941 |
| Sherman Commons | $718 | $547 | $645 | $749 | $941 |
| Rosewood | $718 | $547 | $645 | $749 | $941 |
| Rosedale Hills | $718 | $547 | $645 | $749 | $941 |
| Lucas Place | $718 | $547 | $645 | $749 | $941 |
| Lindenwood | $718 | $547 | $645 | $749 | $941 |
| Laura Templetons | $718 | $547 | $645 | $749 | $941 |
| Lancastershire | $718 | $547 | $645 | $749 | $941 |
| Holly Heights | $718 | $547 | $645 | $749 | $941 |
| Grandview Acres | $718 | $547 | $645 | $749 | $941 |
| Forrest Commons | $718 | $547 | $645 | $749 | $941 |
| Edgewood | $718 | $547 | $645 | $749 | $941 |
| Craigwoods | $718 | $547 | $645 | $749 | $941 |
| Carson Square | $718 | $547 | $645 | $749 | $941 |
| Carriage Estates | $718 | $547 | $645 | $749 | $941 |
| Briarstone Villas | $718 | $547 | $645 | $749 | $941 |
| Bantas Southwood | $718 | $547 | $645 | $749 | $941 |
| Whitehall Commons | $721 | $507 | $642 | $780 | $910 |
| Wedgewood | $721 | $507 | $642 | $780 | $910 |
| The Willows | $721 | $507 | $642 | $780 | $910 |
| The Trees | $721 | $507 | $642 | $780 | $910 |
| The Highlands | $721 | $507 | $642 | $780 | $910 |
| Oakforge Woods | $721 | $507 | $642 | $780 | $910 |
| Mapleton - Fall Creek | $721 | $501 | $641 | $768 | $870 |
| Liberty Creek | $721 | $507 | $642 | $780 | $910 |
| Lakeside Manor | $721 | $507 | $642 | $780 | $910 |
| Lafayette Square | $721 | $507 | $642 | $780 | $910 |
| Hidden Bay | $721 | $507 | $642 | $780 | $910 |
| Guion Lakes | $721 | $507 | $642 | $780 | $910 |
| Guion Creek Woods | $721 | $507 | $642 | $780 | $910 |
| Gateway West | $721 | $507 | $642 | $780 | $910 |
| Friends and Neighbors | $721 | $501 | $641 | $768 | $870 |
| Fall Creek Place | $721 | $501 | $641 | $768 | $870 |
| Eagle Trace Village | $721 | $507 | $642 | $780 | $910 |
| Eagle Springs | $721 | $507 | $642 | $780 | $910 |
| Eagle Creek Woods | $721 | $507 | $642 | $780 | $910 |
| Eagle Creek Park | $721 | $507 | $642 | $780 | $910 |
| Eagle Cove | $721 | $507 | $642 | $780 | $910 |
| Deer Creek | $721 | $507 | $642 | $780 | $910 |
| Crosstown | $721 | $501 | $641 | $768 | $870 |
| Coventry Woods | $721 | $507 | $642 | $780 | $910 |
| Cobblestone | $721 | $507 | $642 | $780 | $910 |
| Bayswater - Eagles Watch | $721 | $507 | $642 | $780 | $910 |
| Ballinshire Estates | $721 | $507 | $642 | $780 | $910 |
| Fairgrounds | $725 | $501 | $650 | $788 | $880 |
| Bellaire | $725 | $501 | $650 | $788 | $880 |
| Traders Cove on the Lake | $737 | $511 | $651 | $795 | $947 |
| Eagles Landing | $737 | $511 | $651 | $795 | $947 |
| Bay Landing | $737 | $511 | $651 | $795 | $947 |
| Shelton Heights | $737 | $696 | $596 | $772 | $888 |
| Glenroy Village | $739 | $550 | $1,410 | $734 | $861 |
| Belmont | $741 | $683 | $604 | $769 | $884 |
| Southern Hills | $746 | $547 | $668 | $782 | $973 |
| Southcreek | $746 | $547 | $668 | $782 | $973 |
| Orchard Park | $746 | $547 | $668 | $782 | $973 |
| North Perry | $746 | $547 | $668 | $782 | $973 |
| Hoss South Meridian Highlands | $746 | $547 | $668 | $782 | $973 |
| Hill Valley Estates | $746 | $547 | $668 | $782 | $973 |
| Perry Manor | $758 | $533 | $680 | $789 | $989 |
| Carson Heights | $758 | $533 | $680 | $789 | $989 |
| Meridian Park | $758 | $526 | $675 | $857 | $925 |
| Wolf Run | $767 | $550 | $662 | $797 | $972 |
| Willow Lakes | $767 | $550 | $662 | $797 | $972 |
| Wildcat Run | $767 | $550 | $662 | $797 | $972 |
| Whispering Pines | $767 | $550 | $662 | $797 | $972 |
| Wanamaker Village | $767 | $550 | $662 | $797 | $972 |
| Village at New Bethel | $767 | $550 | $662 | $797 | $972 |
| Van Arsdel | $767 | $550 | $662 | $797 | $972 |
| Treyburn Lakes | $767 | $550 | $662 | $797 | $972 |
| The Woods at Grassy Creek | $767 | $550 | $662 | $797 | $972 |
| Suncrest | $767 | $550 | $662 | $797 | $972 |
| Stable Chase Estates | $767 | $550 | $662 | $797 | $972 |
| Raymond Park | $767 | $550 | $662 | $797 | $972 |
| Marlin Meadows | $767 | $550 | $662 | $797 | $972 |
| Latonia | $767 | $550 | $662 | $797 | $972 |
| Irongate | $767 | $550 | $662 | $797 | $972 |
| Hunters Crossing | $767 | $550 | $662 | $797 | $972 |
| Hanover North | $767 | $550 | $662 | $797 | $972 |
| Hanover | $767 | $550 | $662 | $797 | $972 |
| Greythorne | $767 | $550 | $662 | $797 | $972 |
| Glen Ridge | $767 | $550 | $662 | $797 | $972 |
| Franklin Shire | $767 | $550 | $662 | $797 | $972 |
| Franklin Place | $767 | $550 | $662 | $797 | $972 |
| Fox Hollow | $767 | $550 | $662 | $797 | $972 |
| Five Points Maple Grove | $767 | $550 | $662 | $797 | $972 |
| College Corner | $767 | $550 | $662 | $797 | $972 |
| Chessington Grove | $767 | $550 | $662 | $797 | $972 |
| Charle Sumac Estates | $767 | $550 | $662 | $797 | $972 |
| Brookfield Place | $767 | $550 | $662 | $797 | $972 |
| Big Run | $767 | $550 | $662 | $797 | $972 |
| Belle Arbor | $767 | $550 | $662 | $797 | $972 |
| Ashland | $767 | $550 | $662 | $797 | $972 |
| Adler Grove | $767 | $550 | $662 | $797 | $972 |
| Westwood | $768 | $566 | $657 | $823 | $1,017 |
| Westridge Village | $768 | $566 | $657 | $823 | $1,017 |
| Waterwood at Eagle Creek | $768 | $566 | $657 | $823 | $1,017 |
| Twin Oaks | $768 | $566 | $657 | $823 | $1,017 |
| The Islands | $768 | $566 | $657 | $823 | $1,017 |
| Summerfield South | $768 | $566 | $657 | $823 | $1,017 |
| Summerfield Place | $768 | $566 | $657 | $823 | $1,017 |
| Farleys Speedway Homeplace | $768 | $566 | $657 | $823 | $1,017 |
| Eagle Valley | $768 | $566 | $657 | $823 | $1,017 |
| Country Village | $768 | $566 | $657 | $823 | $1,017 |
| Chapel Hill | $768 | $566 | $657 | $823 | $1,017 |
| Aspen Ridge | $768 | $566 | $657 | $823 | $1,017 |
| Country Club Place | $768 | $595 | $654 | $831 | $1,022 |
| Keystone Manor | $769 | $566 | $655 | $813 | $1,000 |
| Williston Green | $773 | $583 | $668 | $807 | $990 |
| Sunset Heights | $773 | $583 | $668 | $807 | $990 |
| Spring Mill Woods | $773 | $583 | $668 | $807 | $990 |
| Spring Mill Ridge | $773 | $583 | $668 | $807 | $990 |
| Spring Mill Estates | $773 | $583 | $668 | $807 | $990 |
| Pickwick Commons | $773 | $583 | $668 | $807 | $990 |
| Park Meridian | $773 | $583 | $668 | $807 | $990 |
| Northbrook | $773 | $583 | $668 | $807 | $990 |
| North Willow | $773 | $583 | $668 | $807 | $990 |
| Greenbriar | $773 | $583 | $668 | $807 | $990 |
| Delaware Trails | $773 | $583 | $668 | $807 | $990 |
| Cedar Knolls | $773 | $583 | $668 | $807 | $990 |
| Millersville | $774 | $659 | $695 | $787 | $970 |
| Lake Kesslerwood | $774 | $659 | $695 | $787 | $970 |
| Charlevoix Lake | $774 | $659 | $695 | $787 | $970 |
| Maywood | $779 | $658 | $656 | $779 | $958 |
| Mars Hill | $779 | $658 | $656 | $779 | $958 |
| West Newton | $783 | $658 | $667 | $775 | $952 |
| Valley Mills | $783 | $658 | $667 | $775 | $952 |
| Huntington Park | $783 | $658 | $667 | $775 | $952 |
| Decatur Ridge | $783 | $658 | $667 | $775 | $952 |
| Woodpointe | $783 | $567 | $668 | $837 | $1,042 |
| Windham Lake | $783 | $567 | $668 | $837 | $1,042 |
| Tremont Gardens | $783 | $567 | $668 | $837 | $1,042 |
| Chapel Glen | $783 | $567 | $668 | $837 | $1,042 |
| Spring Mill Heights | $786 | $583 | $679 | $819 | $1,020 |
| Forest View Estates | $786 | $583 | $679 | $819 | $1,020 |
| Woods Edge | $786 | $598 | $697 | $861 | $892 |
| The Villages | $786 | $598 | $697 | $861 | $892 |
| The Moorings | $786 | $598 | $697 | $861 | $892 |
| Scarborough Village | $786 | $598 | $697 | $861 | $892 |
| Sargent Creek | $786 | $598 | $697 | $861 | $892 |
| Pine Ridge Estates | $786 | $598 | $697 | $861 | $892 |
| Masthead | $786 | $598 | $697 | $861 | $892 |
| Lantern Hills | $786 | $598 | $697 | $861 | $892 |
| Hunters Glen | $786 | $598 | $697 | $861 | $892 |
| Harbour Pines | $786 | $598 | $697 | $861 | $892 |
| Hamptons at Geist | $786 | $598 | $697 | $861 | $892 |
| Fairwood Hills | $786 | $598 | $697 | $861 | $892 |
| East Avalon Hills | $786 | $598 | $697 | $861 | $892 |
| Eagle Nest | $786 | $598 | $697 | $861 | $892 |
| Copperfield | $786 | $598 | $697 | $861 | $892 |
| Castleton Farms | $786 | $598 | $697 | $861 | $892 |
| Castleton Estates | $786 | $598 | $697 | $861 | $892 |
| Castle Ridge | $786 | $598 | $697 | $861 | $892 |
| Castillia | $786 | $598 | $697 | $861 | $892 |
| Brunson Acres | $786 | $598 | $697 | $861 | $892 |
| Bridgewater | $786 | $598 | $697 | $861 | $892 |
| Beamreach | $786 | $598 | $697 | $861 | $892 |
| Westchester Estates | $788 | $580 | $687 | $840 | $998 |
| Crooked Creek | $796 | $580 | $692 | $846 | $1,023 |
| The Admirals | $801 | $598 | $711 | $873 | $927 |
| New Augusta | $814 | $544 | $660 | $865 | $1,103 |
| Georgetown Crossing | $814 | $544 | $660 | $865 | $1,103 |
| Crooked Creek Villages | $814 | $544 | $660 | $865 | $1,103 |
| Park 100 | $816 | $504 | $708 | $902 | $1,045 |
| New Augusta Woods | $816 | $504 | $708 | $902 | $1,045 |
| Fieldstone and Brookstone | $816 | $504 | $708 | $902 | $1,045 |
| Crooked Creek Heights | $816 | $504 | $708 | $902 | $1,045 |
| College Park | $816 | $504 | $708 | $902 | $1,045 |
| Augusta Green | $816 | $504 | $708 | $902 | $1,045 |
| United Northwest | $824 | $528 | $725 | $1,094 | $1,500 |
| Golden Hill | $824 | $528 | $725 | $1,094 | $1,500 |
| Crown Hill | $824 | $528 | $725 | $1,094 | $1,500 |
| Butler - Tarkington | $824 | $528 | $725 | $1,094 | $1,500 |
| Waters Edge at Cummins Farm | $829 | $470 | $779 | $889 | $1,210 |
| Southern Springs | $829 | $470 | $779 | $889 | $1,210 |
| Muirfield | $829 | $470 | $779 | $889 | $1,210 |
| Churchman Estates | $829 | $470 | $847 | $857 | $1,119 |
| Amber Ridge | $829 | $470 | $779 | $889 | $1,210 |
| Harrison Run | $830 | $598 | $727 | $897 | $1,032 |
| Meadows at Eagle Crossing | $833 | $595 | $775 | $915 | $1,122 |
| Coronado Estates | $833 | $595 | $775 | $915 | $1,122 |
| Castleton | $844 | $598 | $756 | $911 | $1,019 |
| Beechler Estates | $844 | $598 | $756 | $911 | $1,019 |
| Timbers | $845 | $475 | $760 | $877 | $1,070 |
| Thompson Park | $845 | $475 | $760 | $877 | $1,070 |
| Sycamore Run | $845 | $475 | $760 | $877 | $1,070 |
| Southport Green | $845 | $475 | $760 | $877 | $1,070 |
| Southern Trails | $845 | $475 | $760 | $877 | $1,070 |
| Southern Ridge | $845 | $475 | $760 | $877 | $1,070 |
| Southern Lakes | $845 | $475 | $760 | $877 | $1,070 |
| Richmond Hill | $845 | $475 | $760 | $877 | $1,070 |
| Mcfarland Farms | $845 | $475 | $760 | $877 | $1,070 |
| I65 - South Emerson | $845 | $475 | $760 | $877 | $1,070 |
| Holly Hills | $845 | $475 | $760 | $877 | $1,070 |
| Greenbrooke | $845 | $475 | $760 | $877 | $1,070 |
| Franklin Parke Estates | $845 | $475 | $760 | $877 | $1,070 |
| Buch Creek Woods | $845 | $475 | $760 | $877 | $1,070 |
| Pennsylvania Heights | $846 | $567 | $751 | $912 | $1,077 |
| College Commons | $846 | $567 | $751 | $912 | $1,077 |
| Ravenswood | $860 | $628 | $756 | $952 | $1,052 |
| Meridian - Kessler | $863 | $804 | $774 | $883 | $1,012 |
| Lake Maxinhall Estates | $863 | $804 | $774 | $883 | $1,012 |
| Cooper Grove | $868 | $684 | $815 | $877 | $1,066 |
| Canby Home Place | $871 | $846 | $987 | $774 | $1,047 |
| Bartholomews | $871 | $846 | $987 | $774 | $1,047 |
| Devonshire | $891 | $834 | $802 | $926 | $1,073 |
| Allisonville | $891 | $834 | $802 | $926 | $1,073 |
| Wynbrooke | $908 | $595 | $771 | $940 | $1,194 |
| Woodacre | $908 | $595 | $771 | $940 | $1,194 |
| Wilson's Pinecrest | $908 | $595 | $771 | $940 | $1,194 |
| Williamsburg Villages | $908 | $595 | $771 | $940 | $1,194 |
| Timberview at Eagle Creek | $908 | $595 | $771 | $940 | $1,194 |
| The Estates of Wynbrooke | $908 | $595 | $771 | $940 | $1,194 |
| Sunningdale Commons | $908 | $595 | $771 | $940 | $1,194 |
| Shiloh Creek | $908 | $595 | $771 | $940 | $1,194 |
| Persimmon Grove | $908 | $595 | $771 | $940 | $1,194 |
| Links at Eagle Creek | $908 | $595 | $771 | $940 | $1,194 |
| Lakeland Manor | $908 | $595 | $771 | $940 | $1,194 |
| Highlands at Eagle Crossing | $908 | $595 | $771 | $940 | $1,194 |
| Hendricks Heights | $908 | $595 | $771 | $940 | $1,194 |
| Green Braes | $908 | $595 | $771 | $940 | $1,194 |
| Clermont Lakes | $908 | $595 | $771 | $940 | $1,194 |
| Ashton | $908 | $595 | $771 | $940 | $1,194 |
| Warfleigh | $912 | $834 | $839 | $916 | $1,050 |
| Rolling Ridge | $912 | $834 | $839 | $916 | $1,050 |
| Oxbow Estates | $912 | $834 | $839 | $916 | $1,050 |
| North Kessler Manor | $912 | $834 | $839 | $916 | $1,050 |
| Kessler Commons | $912 | $834 | $839 | $916 | $1,050 |
| Glendale | $912 | $834 | $839 | $916 | $1,050 |
| Forest Hills | $912 | $834 | $839 | $916 | $1,050 |
| Fall Creek Manor | $912 | $834 | $839 | $916 | $1,050 |
| Canterbury | $912 | $834 | $839 | $916 | $1,050 |
| Brockton | $912 | $834 | $839 | $916 | $1,050 |
| Broad Ripple | $912 | $834 | $839 | $916 | $1,050 |
| Avalon Hills | $912 | $834 | $839 | $916 | $1,050 |
| Arden | $912 | $834 | $839 | $916 | $1,050 |
| Windcombe | $925 | $634 | $821 | $995 | $1,135 |
| Sylvan Ridge | $935 | $538 | $811 | $1,073 | $1,338 |
| Sherwood Forest | $935 | $538 | $811 | $1,073 | $1,338 |
| Northern Hills | $935 | $538 | $811 | $1,073 | $1,338 |
| Lake Clearwater | $935 | $538 | $811 | $1,073 | $1,338 |
| Glendale Terrace | $935 | $538 | $811 | $1,073 | $1,338 |
| Driftwood Hills | $935 | $538 | $811 | $1,073 | $1,338 |
| Central Nora | $935 | $538 | $811 | $1,073 | $1,338 |
| Keystone at The Crossing | $990 | $538 | $850 | $1,112 | $1,501 |
| Hamilton Heights | $990 | $538 | $850 | $1,112 | $1,501 |
| Chesterton | $990 | $538 | $850 | $1,112 | $1,501 |
| Sunnyview | $1,023 | $1,068 | $1,272 | $880 | $1,047 |
| Norwood Place | $1,023 | $1,068 | $1,272 | $880 | $1,047 |
| Meyers | $1,023 | $1,068 | $1,272 | $880 | $1,047 |
| Garfield Park | $1,023 | $1,068 | $1,272 | $880 | $1,047 |
| Franklin Gardens | $1,023 | $1,068 | $1,272 | $880 | $1,047 |
| Fountain Square South | $1,023 | $1,068 | $1,272 | $880 | $1,047 |
| Fountain Square | $1,023 | $1,068 | $1,272 | $880 | $1,047 |
| Finch Park | $1,023 | $1,068 | $1,272 | $880 | $1,047 |
| Caven and Rockwood | $1,023 | $1,068 | $1,272 | $880 | $1,047 |
| Canby Park | $1,023 | $1,068 | $1,272 | $880 | $1,047 |
| Bethel | $1,023 | $1,068 | $1,272 | $880 | $1,047 |
| Beechcrest | $1,023 | $1,068 | $1,272 | $880 | $1,047 |
| Bates - Hendricks | $1,023 | $1,068 | $1,272 | $880 | $1,047 |
| Atkinson | $1,023 | $1,068 | $1,272 | $880 | $1,047 |
| Addison Meadows | $1,023 | $1,068 | $1,272 | $880 | $1,047 |
| Reagan Park | $1,077 | $730 | $953 | $1,238 | $1,241 |
| Hillside | $1,180 | $808 | $1,064 | $1,283 | $1,223 |
| Riverside | $1,182 | $754 | $1,020 | $1,391 | $2,106 |
| Meridian - Highland | $1,182 | $754 | $1,020 | $1,391 | $2,106 |
| The Canal and White River State Park | $1,205 | $895 | $1,047 | $1,330 | $1,382 |
| Windsor Park | $1,209 | $803 | $1,055 | $1,366 | $2,312 |
| Irish Hills | $1,209 | $803 | $1,055 | $1,366 | $2,312 |
| Holy Cross | $1,209 | $803 | $1,055 | $1,366 | $2,312 |
| Cottage Home | $1,209 | $803 | $1,055 | $1,366 | $2,312 |
| The Old Northside | $1,249 | $819 | $1,079 | $1,437 | $2,312 |
| Ransom Place | $1,249 | $819 | $1,079 | $1,437 | $2,312 |
| Lockerbie Square | $1,249 | $819 | $1,079 | $1,437 | $2,312 |
| Indiana Avenue and IUPUI | $1,249 | $819 | $1,079 | $1,437 | $2,312 |
| Herron - Morton Place | $1,249 | $819 | $1,079 | $1,437 | $2,312 |
| Fall Creek and 16th Street Park | $1,249 | $819 | $1,079 | $1,437 | $2,312 |
| Fletcher Place | $1,335 | $914 | $1,168 | $1,492 | $1,961 |
| St. Joseph | $1,358 | $907 | $1,164 | $1,563 | $2,466 |
| Cole Noble | $1,358 | $907 | $1,164 | $1,563 | $2,466 |
| Chatham Arch and Mass Avenue | $1,358 | $907 | $1,164 | $1,563 | $2,466 |
| Wholesale District | $1,501 | $1,008 | $1,271 | $1,766 | $2,552 |
| North Meridian | $1,501 | $1,008 | $1,271 | $1,766 | $2,552 |
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The most affordable neighborhoods in Indianapolis are Christian Park, where the average rent goes for $530/month, Deer Run, where renters pay $559/mo on average, and Glick's East 42nd St, where the average rent goes for $559/mo. If you’re looking for other great deals, check out the listings from Mills and Hauser ($559), Pine Hill Estates ($559), and The Roses of Lawrence ($559), where the asking prices are below the average Indianapolis rent of $819/mo.
The most expensive neighborhoods in Indianapolis are St. Joseph ($1,358), North Meridian ($1,501) and Wholesale District ($1,501).
Indianapolis | Rent Comparison by Neighborhood
Rent in Addison Meadows is 33% higher than in Adler Grove
$1,023
Addison Meadows rent is 25% higher than Indianapolis average
| All rentals | $1,023 |
|---|---|
| Studio | $1,068 |
| 1 Bed | $1,272 |
| 2 Beds | $880 |
| 3 Beds | $1,047 |
$767
Adler Grove rent is 6% lower than Indianapolis average
| All rentals | $767 |
|---|---|
| Studio | $550 |
| 1 Bed | $662 |
| 2 Beds | $797 |
| 3 Beds | $972 |
How Does Indianapolis Compare to Nearby Cities
| Average Rent | Y-o-Y Change | |
|---|---|---|
| Indianapolis | $819 | 3% |
| Fort Wayne | $734 | 5% |
| Elkhart | $701 | 1% |
| Jeffersonville | $716 | 3% |
For more information about the Indianapolis rental trends, check out our monthly rent report
Cheapest Listings on RENTCafé
- Fountainview Apartments
- Willowood East
- Bavarian Village Apartments
- Elmtree Apts
- Dogwood Glen
- Rosewood Commons
- Scarborough Lake Apartments
- Creekside at Meridian Hills
- Sherbrook
- Cambridge Commons
- Pangea Vineyards
- Pangea Parkwest
- Marabou Mills
- Lake Marina Apartments
- Pangea Meadows
- Abington
- Waterstone Place Apartments
- Kingston Square Apartments
- Pangea Courts
- Lake Castleton Apartment Homes
Mid-priced Listings on RENTCafé
- 26 West, Managed by Buckingham Urban Living
- 8509 Lenna Ct.
- 1426 Moores Manor Indianapolis IN 46229
- 1928 Sweet Blossom Ln
- 2604 Lullwater Ln
- 6920 Derbyshire Road Indianapolis IN 46227
- The Residence at White River Apartments
- 9233 Jackson Street
- The Retreat at Carmel
- 6646 Doris Drive Indianapolis IN 46214
- 6715 W 16TH ST
- 11230 Fall Drive
- 9211 Wandflower Drive
- 4030 Lassen Drive
- The Plaza at Library Square
- Barrington Estates Apartments
- 9130 Southernwood Way
- 11356 Cherry Tree Way
- 11028 Wismar Drive
- 4913 Victoria Road
Most Expensive Listings on RENTCafé
- 3244 Carica Drive
- 6439 Glory Maple Lane
- 7602 Bancaster Drive
- 10761 Parker Drive
- 10845 Middlebrook Lane
- 6226 Twyckenham Drive
- 6327 Lonestar Drive
- 8046 Wichita Hill Drive
- 7419 Samuel Drive
- 12235 Pentwater Court Indianapolis IN 46236
- 8038 Twin Rivers Drive
- 6396 Rockstone Court
- 12511 Looking Glass Way Indianapolis, IN 46235
- 6427 Fiesta Street
- 7719 Wildcat Run Lane Indianapolis, IN 46239
- 6356 Waterstone Dr
- 3430 Whalen Ave
- 5411 Floating Leaf Dr
The rental statistics on this page were compiled using data provided by our sister company, Yardi Matrix, an apartment market intelligence solution which offers comprehensive information on all Indianapolis apartment buildings 50 units or larger. Yardi Matrix covers ~80% of the U.S. metro area population, including over 80,000 properties and 15.2 million apartments across 124 U.S. markets.