Indianapolis, IN Rental Market Trends
Highlights
The average rent for an apartment in Indianapolis is $820, a 2% increase compared to the previous year, when the average rent was $807.
Studio apartments in Indianapolis rent for $627 a month, while 1-bedroom apartments ask on average $737 a month; the average rent for a 2-bedroom apartment is $852.
Average Rent in Indianapolis, IN
Last updated Oct 2018
| All rentals | Studio | 1 Bed | 2 Beds | 3 Beds | |
|---|---|---|---|---|---|
| Average Rent | $820 | $627 | $737 | $852 | $1,001 |
| Y-o-Y Change | 2% | 1% | 2% | 1% | 2% |
| Average Apartment Size | 887 sq. ft. | 428 sq. ft. | 695 sq. ft. | 979 sq. ft. | 1,289 sq. ft. |
The average size for a Indianapolis apartment is 887 square feet, but this number varies greatly depending on apartment type. A studio averages 428 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-$1,00033%
- $1,001-$1,50011%
- $1,501-$2,0001%
Indianapolis, IN Rent Trends
| Average Rent All rentals | Studio | 1 Bed | 2 Beds | 3 Beds | |
|---|---|---|---|---|---|
| Oct / 2018 | $820 | $627 | $737 | $852 | $1,001 |
| Jan / 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 |
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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 |
| Spades Park | $575 | $444 | $523 | $585 | $652 |
| Brookside | $575 | $444 | $523 | $585 | $652 |
| Winding Ridge | $578 | $462 | $513 | $604 | $783 |
| Warren Woods | $578 | $462 | $513 | $604 | $783 |
| Traditions | $578 | $462 | $513 | $604 | $783 |
| The Roses of Lawrence | $578 | $462 | $513 | $604 | $783 |
| The Parks at Winding Ridge | $578 | $462 | $513 | $604 | $783 |
| Royal Oaks | $578 | $462 | $513 | $604 | $783 |
| Rose Haven | $578 | $462 | $513 | $604 | $783 |
| Pine Hill Estates | $578 | $462 | $513 | $604 | $783 |
| Orchard Valley Farms | $578 | $462 | $513 | $604 | $783 |
| Mills and Hauser | $578 | $462 | $513 | $604 | $783 |
| Glick's East 42nd St | $578 | $462 | $513 | $604 | $783 |
| Eastbrooke Meadows | $578 | $462 | $513 | $604 | $783 |
| Deer Run | $578 | $462 | $513 | $604 | $783 |
| Cherry Lake | $578 | $462 | $513 | $604 | $783 |
| Bells Run | $578 | $462 | $513 | $604 | $783 |
| 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 |
| Wynfield | $603 | $462 | $538 | $628 | $825 |
| Oaklandon | $603 | $462 | $538 | $628 | $825 |
| Watson's | $618 | $465 | $549 | $647 | $803 |
| Glicks East 38th St | $618 | $465 | $549 | $647 | $803 |
| Arlington Heights | $640 | $479 | $563 | $640 | $745 |
| North Eastwood | $641 | $467 | $559 | $662 | $832 |
| Forest Manor | $643 | $466 | $576 | $670 | $783 |
| Arlington Woods | $645 | $472 | $574 | $664 | $780 |
| Windridge | $648 | $470 | $577 | $680 | $818 |
| Wilmington Park | $648 | $470 | $577 | $680 | $818 |
| White | $648 | $470 | $577 | $680 | $818 |
| Wallingwood | $648 | $470 | $577 | $680 | $818 |
| Waddy's | $648 | $470 | $577 | $680 | $818 |
| The Arbor's | $648 | $470 | $577 | $680 | $818 |
| Shadeland Park | $648 | $470 | $577 | $680 | $818 |
| Shadeland | $648 | $470 | $577 | $680 | $818 |
| Rosedale Park | $648 | $470 | $577 | $680 | $818 |
| Records | $648 | $470 | $577 | $680 | $818 |
| Pope Place | $648 | $470 | $577 | $680 | $818 |
| North Lawrence Park | $648 | $470 | $577 | $680 | $818 |
| Morrow Wood | $648 | $470 | $577 | $680 | $818 |
| Lawrence Terrace | $648 | $470 | $577 | $680 | $818 |
| Lawrence Park | $648 | $470 | $577 | $680 | $818 |
| Lawrence Manor | $648 | $470 | $577 | $680 | $818 |
| Imperial Gardens | $648 | $470 | $577 | $680 | $818 |
| Hy-View Meadows | $648 | $470 | $577 | $680 | $818 |
| Henry Seller's to Lawrence | $648 | $470 | $577 | $680 | $818 |
| Harrison Park | $648 | $470 | $577 | $680 | $818 |
| Green Acres | $648 | $470 | $577 | $680 | $818 |
| Franklin Trails Estates | $648 | $470 | $577 | $680 | $818 |
| Franklin Heights | $648 | $470 | $577 | $680 | $818 |
| Farmington Lakes | $648 | $470 | $577 | $680 | $818 |
| Fall Creek Heights | $648 | $470 | $577 | $680 | $818 |
| Devon | $648 | $470 | $577 | $680 | $818 |
| Devington | $648 | $470 | $577 | $680 | $818 |
| Brookside Park | $648 | $470 | $577 | $680 | $818 |
| Brendonwood | $648 | $470 | $577 | $680 | $818 |
| Brendonridge | $648 | $470 | $577 | $680 | $818 |
| Brendon Park | $648 | $470 | $577 | $680 | $818 |
| Bechtold | $648 | $470 | $577 | $680 | $818 |
| Atwell Acres | $648 | $470 | $577 | $680 | $818 |
| Allen and Sellers | $648 | $470 | $577 | $680 | $818 |
| Windsor Village | $650 | $499 | $567 | $650 | $775 |
| Trinity Estates | $650 | $499 | $567 | $650 | $775 |
| 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 |
| South Harrison Park | $659 | $462 | $580 | $682 | $958 |
| Irvington | $679 | $509 | $606 | $677 | $827 |
| Trinity Manor | $682 | $485 | $583 | $679 | $833 |
| Speedway Woods | $685 | $453 | $587 | $735 | $901 |
| Mount Auburn | $685 | $453 | $587 | $735 | $901 |
| Homewood Park West | $685 | $453 | $587 | $735 | $901 |
| Falender's Meadowood | $685 | $453 | $587 | $735 | $901 |
| Meadows - Fall Creek | $689 | $467 | $632 | $709 | $794 |
| Fort Harrison State Park | $690 | $470 | $608 | $719 | $928 |
| Thatcher Park | $692 | $482 | $584 | $741 | $879 |
| Eagledale | $692 | $482 | $584 | $741 | $879 |
| Indianapolis Heights | $698 | $453 | $594 | $742 | $916 |
| 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 |
| Springs of Hamptons | $715 | $486 | $607 | $721 | $875 |
| Creekside Woods | $715 | $486 | $607 | $721 | $875 |
| Cedar Spring | $715 | $486 | $607 | $721 | $875 |
| Parc Estates | $716 | $488 | $614 | $767 | $946 |
| Winchester Village | $716 | $551 | $645 | $744 | $940 |
| Whalen's Fairhope | $716 | $551 | $645 | $744 | $940 |
| West Edgewood | $716 | $551 | $645 | $744 | $940 |
| Walnut Farms | $716 | $551 | $645 | $744 | $940 |
| University Heights | $716 | $551 | $645 | $744 | $940 |
| Twin Brooks | $716 | $551 | $645 | $744 | $940 |
| The Park at Buffalo Creek | $716 | $551 | $645 | $744 | $940 |
| Stringtown | $716 | $696 | $575 | $768 | $805 |
| Southgate Farms | $716 | $551 | $645 | $744 | $940 |
| Southdowns | $716 | $551 | $645 | $744 | $940 |
| Sherman Commons | $716 | $551 | $645 | $744 | $940 |
| Rosewood | $716 | $551 | $645 | $744 | $940 |
| Rosedale Hills | $716 | $551 | $645 | $744 | $940 |
| Rainbow Ridge | $716 | $696 | $575 | $768 | $805 |
| Marian - Cold Springs | $716 | $696 | $575 | $768 | $805 |
| Lucas Place | $716 | $551 | $645 | $744 | $940 |
| Lindenwood | $716 | $551 | $645 | $744 | $940 |
| Laura Templetons | $716 | $551 | $645 | $744 | $940 |
| Lancastershire | $716 | $551 | $645 | $744 | $940 |
| Holly Heights | $716 | $551 | $645 | $744 | $940 |
| Hawthorne | $716 | $696 | $575 | $768 | $805 |
| Haughville | $716 | $696 | $575 | $768 | $805 |
| Grandview Acres | $716 | $551 | $645 | $744 | $940 |
| Forrest Commons | $716 | $551 | $645 | $744 | $940 |
| Fairfax | $716 | $696 | $575 | $768 | $805 |
| Edgewood | $716 | $551 | $645 | $744 | $940 |
| Creston | $716 | $696 | $575 | $768 | $805 |
| Craigwoods | $716 | $551 | $645 | $744 | $940 |
| Carson Square | $716 | $551 | $645 | $744 | $940 |
| Carriage Estates | $716 | $551 | $645 | $744 | $940 |
| Briarstone Villas | $716 | $551 | $645 | $744 | $940 |
| Bantas Southwood | $716 | $551 | $645 | $744 | $940 |
| Mapleton - Fall Creek | $721 | $501 | $641 | $768 | $870 |
| Friends and Neighbors | $721 | $501 | $641 | $768 | $870 |
| Fall Creek Place | $721 | $501 | $641 | $768 | $870 |
| Fairgrounds | $721 | $501 | $641 | $768 | $870 |
| Crosstown | $721 | $501 | $641 | $768 | $870 |
| Bellaire | $721 | $501 | $641 | $768 | $870 |
| Whitehall Commons | $725 | $507 | $650 | $771 | $909 |
| Wedgewood | $725 | $507 | $650 | $771 | $909 |
| The Willows | $725 | $507 | $650 | $771 | $909 |
| The Trees | $725 | $507 | $650 | $771 | $909 |
| The Highlands | $725 | $507 | $650 | $771 | $909 |
| Oakforge Woods | $725 | $507 | $650 | $771 | $909 |
| Liberty Creek | $725 | $507 | $650 | $771 | $909 |
| Lakeside Manor | $725 | $507 | $650 | $771 | $909 |
| Lafayette Square | $725 | $507 | $650 | $771 | $909 |
| Hidden Bay | $725 | $507 | $650 | $771 | $909 |
| Guion Lakes | $725 | $507 | $650 | $771 | $909 |
| Guion Creek Woods | $725 | $507 | $650 | $771 | $909 |
| Gateway West | $725 | $507 | $650 | $771 | $909 |
| Eagle Trace Village | $725 | $507 | $650 | $771 | $909 |
| Eagle Springs | $725 | $507 | $650 | $771 | $909 |
| Eagle Creek Woods | $725 | $507 | $650 | $771 | $909 |
| Eagle Creek Park | $725 | $507 | $650 | $771 | $909 |
| Eagle Cove | $725 | $507 | $650 | $771 | $909 |
| Deer Creek | $725 | $507 | $650 | $771 | $909 |
| Coventry Woods | $725 | $507 | $650 | $771 | $909 |
| Cobblestone | $725 | $507 | $650 | $771 | $909 |
| Bayswater - Eagles Watch | $725 | $507 | $650 | $771 | $909 |
| Ballinshire Estates | $725 | $507 | $650 | $771 | $909 |
| Shelton Heights | $738 | $696 | $596 | $774 | $888 |
| Traders Cove on the Lake | $740 | $511 | $659 | $786 | $946 |
| Eagles Landing | $740 | $511 | $659 | $786 | $946 |
| Bay Landing | $740 | $511 | $659 | $786 | $946 |
| Southern Hills | $744 | $551 | $668 | $778 | $972 |
| Southcreek | $744 | $551 | $668 | $778 | $972 |
| Orchard Park | $744 | $551 | $668 | $778 | $972 |
| North Perry | $744 | $551 | $668 | $778 | $972 |
| Hoss South Meridian Highlands | $744 | $551 | $668 | $778 | $972 |
| Hill Valley Estates | $744 | $551 | $668 | $778 | $972 |
| Belmont | $745 | $683 | $605 | $775 | $884 |
| Perry Manor | $756 | $537 | $680 | $786 | $988 |
| Carson Heights | $756 | $537 | $680 | $786 | $988 |
| Meridian Park | $757 | $526 | $675 | $856 | $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 |
| Mayfair Village | $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 |
| Burge Terrace | $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 | $770 | $566 | $657 | $828 | $1,017 |
| Westridge Village | $770 | $566 | $657 | $828 | $1,017 |
| Waterwood at Eagle Creek | $770 | $566 | $657 | $828 | $1,017 |
| Twin Oaks | $770 | $566 | $657 | $828 | $1,017 |
| The Islands | $770 | $566 | $657 | $828 | $1,017 |
| Summerfield South | $770 | $566 | $657 | $828 | $1,017 |
| Summerfield Place | $770 | $566 | $657 | $828 | $1,017 |
| Farleys Speedway Homeplace | $770 | $566 | $657 | $828 | $1,017 |
| Eagle Valley | $770 | $566 | $657 | $828 | $1,017 |
| Country Village | $770 | $566 | $657 | $828 | $1,017 |
| Chapel Hill | $770 | $566 | $657 | $828 | $1,017 |
| Aspen Ridge | $770 | $566 | $657 | $828 | $1,017 |
| Keystone Manor | $771 | $566 | $655 | $817 | $1,000 |
| Williston Green | $773 | $583 | $668 | $806 | $989 |
| Sunset Heights | $773 | $583 | $668 | $806 | $989 |
| Spring Mill Woods | $773 | $583 | $668 | $806 | $989 |
| Spring Mill Ridge | $773 | $583 | $668 | $806 | $989 |
| Spring Mill Estates | $773 | $583 | $668 | $806 | $989 |
| Pickwick Commons | $773 | $583 | $668 | $806 | $989 |
| Park Meridian | $773 | $583 | $668 | $806 | $989 |
| Northbrook | $773 | $583 | $668 | $806 | $989 |
| North Willow | $773 | $583 | $668 | $806 | $989 |
| Greenbriar | $773 | $583 | $668 | $806 | $989 |
| Delaware Trails | $773 | $583 | $668 | $806 | $989 |
| Cedar Knolls | $773 | $583 | $668 | $806 | $989 |
| Millersville | $776 | $659 | $695 | $790 | $975 |
| Lake Kesslerwood | $776 | $659 | $695 | $790 | $975 |
| Charlevoix Lake | $776 | $659 | $695 | $790 | $975 |
| Maywood | $782 | $658 | $658 | $784 | $958 |
| Mars Hill | $782 | $658 | $658 | $784 | $958 |
| Woodpointe | $785 | $567 | $668 | $841 | $1,042 |
| Windham Lake | $785 | $567 | $668 | $841 | $1,042 |
| Tremont Gardens | $785 | $567 | $668 | $841 | $1,042 |
| Country Club Place | $785 | $567 | $668 | $841 | $1,042 |
| Chapel Glen | $785 | $567 | $668 | $841 | $1,042 |
| Spring Mill Heights | $786 | $583 | $679 | $818 | $1,019 |
| Forest View Estates | $786 | $583 | $679 | $818 | $1,019 |
| Yorkshire | $786 | $598 | $697 | $861 | $892 |
| 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 | $839 | $997 |
| West Newton | $790 | $658 | $671 | $786 | $952 |
| Valley Mills | $790 | $658 | $671 | $786 | $952 |
| Huntington Park | $790 | $658 | $671 | $786 | $952 |
| Decatur Ridge | $790 | $658 | $671 | $786 | $952 |
| Crooked Creek | $796 | $580 | $692 | $846 | $1,022 |
| The Admirals | $801 | $598 | $711 | $874 | $927 |
| Park 100 | $816 | $504 | $708 | $902 | $1,045 |
| New Augusta Woods | $816 | $504 | $708 | $902 | $1,045 |
| New Augusta | $816 | $504 | $708 | $902 | $1,045 |
| Georgetown Crossing | $816 | $504 | $708 | $902 | $1,045 |
| Fieldstone and Brookstone | $816 | $504 | $708 | $902 | $1,045 |
| Crooked Creek Villages | $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 | $822 | $528 | $725 | $1,092 | $1,500 |
| Golden Hill | $822 | $528 | $725 | $1,092 | $1,500 |
| Crown Hill | $822 | $528 | $725 | $1,092 | $1,500 |
| Butler - Tarkington | $822 | $528 | $725 | $1,092 | $1,500 |
| Harrison Run | $830 | $598 | $727 | $897 | $1,032 |
| Trilobi Hills | $840 | $598 | $737 | $905 | $1,049 |
| Fall Creek Highlands | $840 | $598 | $737 | $905 | $1,049 |
| Castleton | $844 | $598 | $756 | $911 | $1,019 |
| Beechler Estates | $844 | $598 | $756 | $911 | $1,019 |
| Waters Edge at Cummins Farm | $845 | $475 | $760 | $877 | $1,070 |
| 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 Springs | $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 |
| Muirfield | $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 |
| Amber Ridge | $845 | $475 | $760 | $877 | $1,070 |
| Pennsylvania Heights | $848 | $567 | $751 | $915 | $1,083 |
| College Commons | $848 | $567 | $751 | $915 | $1,083 |
| Meridian - Kessler | $864 | $804 | $774 | $883 | $1,019 |
| Lake Maxinhall Estates | $864 | $804 | $774 | $883 | $1,019 |
| Cooper Grove | $868 | $622 | $814 | $879 | $1,066 |
| Churchman Estates | $868 | $622 | $814 | $879 | $1,066 |
| Christian Park | $869 | $786 | $981 | $781 | $1,047 |
| Canby Home Place | $869 | $786 | $981 | $781 | $1,047 |
| Bartholomews | $869 | $786 | $981 | $781 | $1,047 |
| Glenroy Village | $886 | $997 | $900 | $843 | $1,003 |
| Devonshire | $892 | $834 | $802 | $926 | $1,079 |
| Allisonville | $892 | $834 | $802 | $926 | $1,079 |
| 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 |
| Meadows at Eagle Crossing | $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 |
| Coronado Estates | $908 | $595 | $771 | $940 | $1,194 |
| Clermont Lakes | $908 | $595 | $771 | $940 | $1,194 |
| Ashton | $908 | $595 | $771 | $940 | $1,194 |
| Warfleigh | $913 | $834 | $839 | $916 | $1,058 |
| Rolling Ridge | $913 | $834 | $839 | $916 | $1,058 |
| Oxbow Estates | $913 | $834 | $839 | $916 | $1,058 |
| North Kessler Manor | $913 | $834 | $839 | $916 | $1,058 |
| Kessler Commons | $913 | $834 | $839 | $916 | $1,058 |
| Glendale | $913 | $834 | $839 | $916 | $1,058 |
| Forest Hills | $913 | $834 | $839 | $916 | $1,058 |
| Fall Creek Manor | $913 | $834 | $839 | $916 | $1,058 |
| Canterbury | $913 | $834 | $839 | $916 | $1,058 |
| Brockton | $913 | $834 | $839 | $916 | $1,058 |
| Broad Ripple | $913 | $834 | $839 | $916 | $1,058 |
| Avalon Hills | $913 | $834 | $839 | $916 | $1,058 |
| Arden | $913 | $834 | $839 | $916 | $1,058 |
| Windcombe | $929 | $634 | $821 | $1,000 | $1,149 |
| Ravenswood | $929 | $634 | $821 | $1,000 | $1,149 |
| Sylvan Ridge | $941 | $538 | $811 | $1,083 | $1,366 |
| Sherwood Forest | $941 | $538 | $811 | $1,083 | $1,366 |
| Northern Hills | $941 | $538 | $811 | $1,083 | $1,366 |
| Lake Clearwater | $941 | $538 | $811 | $1,083 | $1,366 |
| Glendale Terrace | $941 | $538 | $811 | $1,083 | $1,366 |
| Driftwood Hills | $941 | $538 | $811 | $1,083 | $1,366 |
| Central Nora | $941 | $538 | $811 | $1,083 | $1,366 |
| Keystone at The Crossing | $995 | $538 | $850 | $1,120 | $1,520 |
| Hamilton Heights | $995 | $538 | $850 | $1,120 | $1,520 |
| Chesterton | $995 | $538 | $850 | $1,120 | $1,520 |
| Woodland Trails | $1,026 | $1,165 | $1,272 | $890 | $1,047 |
| Sunnyview | $1,026 | $1,165 | $1,272 | $890 | $1,047 |
| Red Maple Grove | $1,026 | $1,165 | $1,272 | $890 | $1,047 |
| Norwood Place | $1,026 | $1,165 | $1,272 | $890 | $1,047 |
| Meyers | $1,026 | $1,165 | $1,272 | $890 | $1,047 |
| Garfield Park | $1,026 | $1,165 | $1,272 | $890 | $1,047 |
| Franklin Gardens | $1,026 | $1,165 | $1,272 | $890 | $1,047 |
| Fountain Square South | $1,026 | $1,165 | $1,272 | $890 | $1,047 |
| Fountain Square | $1,026 | $1,165 | $1,272 | $890 | $1,047 |
| Finch Park | $1,026 | $1,165 | $1,272 | $890 | $1,047 |
| Caven and Rockwood | $1,026 | $1,165 | $1,272 | $890 | $1,047 |
| Canby Park | $1,026 | $1,165 | $1,272 | $890 | $1,047 |
| Bethel | $1,026 | $1,165 | $1,272 | $890 | $1,047 |
| Beechcrest | $1,026 | $1,165 | $1,272 | $890 | $1,047 |
| Bean Creek | $1,026 | $1,165 | $1,272 | $890 | $1,047 |
| Bates - Hendricks | $1,026 | $1,165 | $1,272 | $890 | $1,047 |
| Atkinson | $1,026 | $1,165 | $1,272 | $890 | $1,047 |
| Addison Meadows | $1,026 | $1,165 | $1,272 | $890 | $1,047 |
| Reagan Park | $1,116 | $773 | $985 | $1,240 | $1,184 |
| Hillside | $1,180 | $770 | $1,068 | $1,281 | $1,223 |
| Riverside | $1,182 | $724 | $1,024 | $1,387 | $2,106 |
| Meridian - Highland | $1,182 | $724 | $1,024 | $1,387 | $2,106 |
| The Canal and White River State Park | $1,204 | $877 | $1,050 | $1,328 | $1,382 |
| Windsor Park | $1,209 | $766 | $1,059 | $1,362 | $2,312 |
| Irish Hills | $1,209 | $766 | $1,059 | $1,362 | $2,312 |
| Holy Cross | $1,209 | $766 | $1,059 | $1,362 | $2,312 |
| Cottage Home | $1,209 | $766 | $1,059 | $1,362 | $2,312 |
| The Old Northside | $1,248 | $781 | $1,084 | $1,431 | $2,312 |
| Ransom Place | $1,248 | $781 | $1,084 | $1,431 | $2,312 |
| Lockerbie Square | $1,248 | $781 | $1,084 | $1,431 | $2,312 |
| Indiana Avenue and IUPUI | $1,248 | $781 | $1,084 | $1,431 | $2,312 |
| Herron - Morton Place | $1,248 | $781 | $1,084 | $1,431 | $2,312 |
| Fall Creek and 16th Street Park | $1,248 | $781 | $1,084 | $1,431 | $2,312 |
| Fletcher Place | $1,334 | $894 | $1,171 | $1,487 | $1,961 |
| St. Joseph | $1,356 | $888 | $1,167 | $1,555 | $2,466 |
| Cole Noble | $1,356 | $888 | $1,167 | $1,555 | $2,466 |
| Chatham Arch and Mass Avenue | $1,356 | $888 | $1,167 | $1,555 | $2,466 |
| Wholesale District | $1,499 | $1,008 | $1,272 | $1,760 | $2,552 |
| North Meridian | $1,499 | $1,008 | $1,272 | $1,760 | $2,552 |
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The most affordable neighborhoods in Indianapolis are Brookside, where the average rent goes for $575/month, Spades Park, where renters pay $575/mo on average, and Bells Run, where the average rent goes for $578/mo. If you’re looking for other great deals, check out the listings from Cherry Lake ($578), Deer Run ($578), and Eastbrooke Meadows ($578), where the asking prices are below the average Indianapolis rent of $820/mo.
The most expensive neighborhoods in Indianapolis are St. Joseph ($1,356), North Meridian ($1,499) and Wholesale District ($1,499).
Indianapolis | Rent Comparison by Neighborhood
Rent in Addison Meadows is 34% higher than in Adler Grove
$1,026
Addison Meadows rent is 25% higher than Indianapolis average
| All rentals | $1,026 |
|---|---|
| Studio | $1,165 |
| 1 Bed | $1,272 |
| 2 Beds | $890 |
| 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 | $820 | 2% |
| Fort Wayne | $734 | 2% |
| Elkhart | $724 | 3% |
| Jeffersonville | $716 | 0% |
For more information about the Indianapolis rental trends, check out our monthly rent report
Cheapest Listings on RENTCafé
- Villages at Mill Crossing
- Pangea Vineyards
- Fountainview Apartments
- Elmtree Apts
- Pangea Meadows
- Scarborough Lake Apartments
- Bavarian Village Apartments
- Cambridge Commons
- Rosewood Commons
- Creekside at Meridian Hills
- Ashford Meridian Hills
- Pangea Fields
- Cherry Glen
- Pangea Prairies
- Lake Camelot Apartments
- Pangea Parkwest
- Lake Marina Apartments
- Pangea Hills
- Marabou Mills
- Abington Apartments
Mid-priced Listings on RENTCafé
- 6333 Granner Drive
- 8819 TIMBERWOOD DR
- 3625 Rock Maple Drive
- 7061 Allegan Drive Indianapolis, IN 46217
- 5625 Dollar Run
- 4034 Steelewater Way
- 7743 Dornock Dr
- 1413 Priscilla Ave
- 3223 Southwest Dr
- 5629 W Mills Rd
- 4625 Whitview Lane
- 9208 Robey Glen Drive
- 10634 Bartley Drive
- 5812 Coppock Ln
- 8544 Sweet Birch Dr
- 3016 Earlswood Ln
- 8340 Weathervane Circle Indianapolis, IN 46239
- 1105 N Shortridge Rd Indianapolis IN 46219
- 6979 W 13th St Indianapolis IN 46214
- 5951 King Lear Drive
Most Expensive Listings on RENTCafé
- 8301 Crystal Pointe Lane
- 7919 Kersey Dr
- 911 Rotherham Circle
- 5339 Sandwood Dr
- 7615 Firewalker Ln Indianapolis, IN 46217
- 6045 North Alton Avenue Indianapolis, IN 46228
- 6716 EAGLES PERCH DR
- 6318 Cascade Cir Indianapolis, IN 46234
- 6046 Lake Freeman Dr Indianapolis, IN 46254
- 7651 Lara Lee Drive Indianapolis, IN 46239
- 10305 Kings Gap Way Brownsburg, IN 46234
- 10077 Pine Grove Way Indianapolis, IN 46234
- 3427 Aylesford Ln
- 8942 Leffler Lane Indianapolis, IN 46231
- 7223 English Birch Lane
- 6345 Creekshore Lane
- 5569 Bracken Dr Indianapolis, IN 46239
- 10484 Affirmed Ct INDIANAPOLIS, IN 46234
- 8045 Wish Court
- 1248 Munsee Cir Indianapolis, IN 46228
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.