Indianapolis, IN Rental Market Trends
Highlights
The average rent for an apartment in Indianapolis is $815, a 4% increase compared to the previous year, when the average rent was $787.
Studio apartments in Indianapolis rent for $632 a month, while 1-bedroom apartments ask on average $731 a month; the average rent for a 2-bedroom apartment is $849.
Average Rent in Indianapolis, IN
Last updated Apr 2018
| All rentals | Studio | 1 Bed | 2 Beds | 3 Beds | |
|---|---|---|---|---|---|
| Average Rent | $815 | $632 | $731 | $849 | $993 |
| Y-o-Y Change | 4% | 7% | 4% | 4% | 3% |
| Average Apartment Size | 886 sq. ft. | 430 sq. ft. | 696 sq. ft. | 979 sq. ft. | 1,286 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 430 sq. ft., while a one-bedroom apartment offers a more generous square footage: 696. 2-bedroom apartments in Indianapolis have an average size of 979 sq. ft.
Indianapolis, IN Apartment Rent Ranges
- < $5004%
- $501-$70034%
- $701-$1,00046%
- $1,001-$1,50013%
- $1,501-$2,0002%
- > $2,0001%
Indianapolis, IN Rent Trends
| Average Rent All rentals | Studio | 1 Bed | 2 Beds | 3 Beds | |
|---|---|---|---|---|---|
| Apr / 2018 | $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 |
| Winding Ridge | $574 | $455 | $523 | $591 | $775 |
| Warren Woods | $574 | $455 | $523 | $591 | $775 |
| Traditions | $574 | $455 | $523 | $591 | $775 |
| The Roses of Lawrence | $574 | $455 | $523 | $591 | $775 |
| The Parks at Winding Ridge | $574 | $455 | $523 | $591 | $775 |
| Royal Oaks | $574 | $455 | $523 | $591 | $775 |
| Rose Haven | $574 | $455 | $523 | $591 | $775 |
| Pine Hill Estates | $574 | $455 | $523 | $591 | $775 |
| Orchard Valley Farms | $574 | $455 | $523 | $591 | $775 |
| Mills and Hauser | $574 | $455 | $523 | $591 | $775 |
| Glick's East 42nd St | $574 | $455 | $523 | $591 | $775 |
| Eastbrooke Meadows | $574 | $455 | $523 | $591 | $775 |
| Deer Run | $574 | $455 | $523 | $591 | $775 |
| Cherry Lake | $574 | $455 | $523 | $591 | $775 |
| Bells Run | $574 | $455 | $523 | $591 | $775 |
| Spades Park | $577 | $448 | $528 | $583 | $661 |
| Brookside | $577 | $448 | $528 | $583 | $661 |
| Sangster Harrison | $591 | $446 | $549 | $582 | $661 |
| Otterbein | $591 | $446 | $549 | $582 | $661 |
| Oakhill | $591 | $446 | $549 | $582 | $661 |
| North Brookside Park | $591 | $446 | $549 | $582 | $661 |
| Martindale - Brightwood | $591 | $446 | $549 | $582 | $661 |
| Brookside Sunny Grove | $591 | $446 | $549 | $582 | $661 |
| Audubon Gardens | $591 | $446 | $549 | $582 | $661 |
| Wynfield | $596 | $455 | $542 | $613 | $823 |
| Oaklandon | $596 | $455 | $542 | $613 | $823 |
| Watson's | $615 | $474 | $546 | $644 | $813 |
| Glicks East 38th St | $615 | $474 | $546 | $644 | $813 |
| Arlington Heights | $634 | $476 | $577 | $625 | $753 |
| North Eastwood | $637 | $474 | $558 | $657 | $826 |
| Forest Manor | $641 | $491 | $562 | $670 | $803 |
| Arlington Woods | $642 | $491 | $566 | $661 | $795 |
| Windsor Village | $646 | $490 | $582 | $638 | $782 |
| Windridge | $646 | $496 | $563 | $682 | $841 |
| Wilmington Park | $646 | $496 | $563 | $682 | $841 |
| White | $646 | $496 | $563 | $682 | $841 |
| Wallingwood | $646 | $496 | $563 | $682 | $841 |
| Waddy's | $646 | $496 | $563 | $682 | $841 |
| Trinity Estates | $646 | $490 | $582 | $638 | $782 |
| The Arbor's | $646 | $496 | $563 | $682 | $841 |
| Tempo North | $646 | $490 | $582 | $638 | $782 |
| Tempo | $646 | $490 | $582 | $638 | $782 |
| Shadeland Park | $646 | $496 | $563 | $682 | $841 |
| Shadeland Manor | $646 | $490 | $582 | $638 | $782 |
| Shadeland | $646 | $496 | $563 | $682 | $841 |
| Rosedale Park | $646 | $496 | $563 | $682 | $841 |
| Records | $646 | $496 | $563 | $682 | $841 |
| Pope Place | $646 | $496 | $563 | $682 | $841 |
| North Lawrence Park | $646 | $496 | $563 | $682 | $841 |
| Morrow Wood | $646 | $496 | $563 | $682 | $841 |
| Lawrence Terrace | $646 | $496 | $563 | $682 | $841 |
| Lawrence Park | $646 | $496 | $563 | $682 | $841 |
| Lawrence Manor | $646 | $496 | $563 | $682 | $841 |
| Irving Ridge | $646 | $490 | $582 | $638 | $782 |
| Imperial Gardens | $646 | $496 | $563 | $682 | $841 |
| Hy-View Meadows | $646 | $496 | $563 | $682 | $841 |
| Henry Seller's to Lawrence | $646 | $496 | $563 | $682 | $841 |
| Harrison Park | $646 | $496 | $563 | $682 | $841 |
| Green Acres | $646 | $496 | $563 | $682 | $841 |
| Franklin Trails Estates | $646 | $496 | $563 | $682 | $841 |
| Franklin Heights | $646 | $496 | $563 | $682 | $841 |
| Farmington Lakes | $646 | $496 | $563 | $682 | $841 |
| Fall Creek Heights | $646 | $496 | $563 | $682 | $841 |
| Elders Washington Place Heights | $646 | $490 | $582 | $638 | $782 |
| Eastwood | $646 | $490 | $582 | $638 | $782 |
| East Gate | $646 | $490 | $582 | $638 | $782 |
| Devon | $646 | $496 | $563 | $682 | $841 |
| Devington | $646 | $496 | $563 | $682 | $841 |
| Bullman Home Place | $646 | $490 | $582 | $638 | $782 |
| Brookside Park | $646 | $496 | $563 | $682 | $841 |
| Brendonwood | $646 | $496 | $563 | $682 | $841 |
| Brendonridge | $646 | $496 | $563 | $682 | $841 |
| Brendon Park | $646 | $496 | $563 | $682 | $841 |
| Bechtold | $646 | $496 | $563 | $682 | $841 |
| Atwell Acres | $646 | $496 | $563 | $682 | $841 |
| Allen and Sellers | $646 | $496 | $563 | $682 | $841 |
| South Harrison Park | $653 | $455 | $582 | $676 | $905 |
| Trinity Manor | $676 | $481 | $592 | $670 | $820 |
| Irvington | $679 | $494 | $618 | $672 | $831 |
| Speedway Woods | $684 | $453 | $583 | $735 | $902 |
| Mount Auburn | $684 | $453 | $583 | $735 | $902 |
| Homewood Park West | $684 | $453 | $583 | $735 | $902 |
| Falender's Meadowood | $684 | $453 | $583 | $735 | $902 |
| Fort Harrison State Park | $687 | $496 | $593 | $726 | $905 |
| Indianapolis Heights | $689 | $453 | $588 | $735 | $907 |
| Thatcher Park | $692 | $484 | $585 | $740 | $875 |
| Eagledale | $692 | $484 | $585 | $740 | $875 |
| Woodsong | $695 | $475 | $597 | $696 | $837 |
| Warren Lakes | $695 | $475 | $597 | $696 | $837 |
| Valley Creek | $695 | $475 | $597 | $696 | $837 |
| Sheffield Woods | $695 | $475 | $597 | $696 | $837 |
| Rosswood | $695 | $475 | $597 | $696 | $837 |
| Parkwood Terrace | $695 | $475 | $597 | $696 | $837 |
| Park Valley Estates | $695 | $475 | $597 | $696 | $837 |
| North German Church Woods | $695 | $475 | $597 | $696 | $837 |
| Heather Hills | $695 | $475 | $597 | $696 | $837 |
| Hathaway Homes | $695 | $475 | $597 | $696 | $837 |
| Grassy Village | $695 | $475 | $597 | $696 | $837 |
| Easton | $695 | $475 | $597 | $696 | $837 |
| Cumberland Lakes | $695 | $475 | $597 | $696 | $837 |
| Cumberland Estates | $695 | $475 | $597 | $696 | $837 |
| Brookwood Crossing | $695 | $475 | $597 | $696 | $837 |
| Bradford Trace | $695 | $475 | $597 | $696 | $837 |
| Meadows - Fall Creek | $705 | $482 | $626 | $726 | $862 |
| Springs of Hamptons | $709 | $480 | $614 | $715 | $855 |
| Creekside Woods | $709 | $480 | $614 | $715 | $855 |
| Cedar Spring | $709 | $480 | $614 | $715 | $855 |
| Winchester Village | $712 | $547 | $643 | $737 | $955 |
| Whalen's Fairhope | $712 | $547 | $643 | $737 | $955 |
| West Edgewood | $712 | $547 | $643 | $737 | $955 |
| Walnut Farms | $712 | $547 | $643 | $737 | $955 |
| University Heights | $712 | $547 | $643 | $737 | $955 |
| Twin Brooks | $712 | $547 | $643 | $737 | $955 |
| The Park at Buffalo Creek | $712 | $547 | $643 | $737 | $955 |
| Southgate Farms | $712 | $547 | $643 | $737 | $955 |
| Southdowns | $712 | $547 | $643 | $737 | $955 |
| Sherman Commons | $712 | $547 | $643 | $737 | $955 |
| Rosewood | $712 | $547 | $643 | $737 | $955 |
| Rosedale Hills | $712 | $547 | $643 | $737 | $955 |
| Lucas Place | $712 | $547 | $643 | $737 | $955 |
| Lindenwood | $712 | $547 | $643 | $737 | $955 |
| Laura Templetons | $712 | $547 | $643 | $737 | $955 |
| Lancastershire | $712 | $547 | $643 | $737 | $955 |
| Holly Heights | $712 | $547 | $643 | $737 | $955 |
| Grandview Acres | $712 | $547 | $643 | $737 | $955 |
| Forrest Commons | $712 | $547 | $643 | $737 | $955 |
| Edgewood | $712 | $547 | $643 | $737 | $955 |
| Craigwoods | $712 | $547 | $643 | $737 | $955 |
| Carson Square | $712 | $547 | $643 | $737 | $955 |
| Carriage Estates | $712 | $547 | $643 | $737 | $955 |
| Briarstone Villas | $712 | $547 | $643 | $737 | $955 |
| Bantas Southwood | $712 | $547 | $643 | $737 | $955 |
| Parc Estates | $712 | $494 | $609 | $764 | $938 |
| Whitehall Commons | $713 | $494 | $635 | $775 | $883 |
| Wedgewood | $713 | $494 | $635 | $775 | $883 |
| The Willows | $713 | $494 | $635 | $775 | $883 |
| The Trees | $713 | $494 | $635 | $775 | $883 |
| The Highlands | $713 | $494 | $635 | $775 | $883 |
| Oakforge Woods | $713 | $494 | $635 | $775 | $883 |
| Liberty Creek | $713 | $494 | $635 | $775 | $883 |
| Lakeside Manor | $713 | $494 | $635 | $775 | $883 |
| Lafayette Square | $713 | $494 | $635 | $775 | $883 |
| Hidden Bay | $713 | $494 | $635 | $775 | $883 |
| Guion Lakes | $713 | $494 | $635 | $775 | $883 |
| Guion Creek Woods | $713 | $494 | $635 | $775 | $883 |
| Gateway West | $713 | $494 | $635 | $775 | $883 |
| Eagle Trace Village | $713 | $494 | $635 | $775 | $883 |
| Eagle Springs | $713 | $494 | $635 | $775 | $883 |
| Eagle Creek Woods | $713 | $494 | $635 | $775 | $883 |
| Eagle Creek Park | $713 | $494 | $635 | $775 | $883 |
| Eagle Cove | $713 | $494 | $635 | $775 | $883 |
| Deer Creek | $713 | $494 | $635 | $775 | $883 |
| Coventry Woods | $713 | $494 | $635 | $775 | $883 |
| Cobblestone | $713 | $494 | $635 | $775 | $883 |
| Bayswater - Eagles Watch | $713 | $494 | $635 | $775 | $883 |
| Ballinshire Estates | $713 | $494 | $635 | $775 | $883 |
| Stringtown | $719 | $707 | $592 | $761 | $783 |
| Rainbow Ridge | $719 | $707 | $592 | $761 | $783 |
| Marian - Cold Springs | $719 | $707 | $592 | $761 | $783 |
| Hawthorne | $719 | $707 | $592 | $761 | $783 |
| Haughville | $719 | $707 | $592 | $761 | $783 |
| Fairfax | $719 | $707 | $592 | $761 | $783 |
| Creston | $719 | $707 | $592 | $761 | $783 |
| Shelton Heights | $722 | $707 | $603 | $753 | $845 |
| Traders Cove on the Lake | $730 | $498 | $645 | $790 | $926 |
| Eagles Landing | $730 | $498 | $645 | $790 | $926 |
| Bay Landing | $730 | $498 | $645 | $790 | $926 |
| Southern Hills | $739 | $547 | $667 | $766 | $1,000 |
| Southcreek | $739 | $547 | $667 | $766 | $1,000 |
| Orchard Park | $739 | $547 | $667 | $766 | $1,000 |
| North Perry | $739 | $547 | $667 | $766 | $1,000 |
| Hoss South Meridian Highlands | $739 | $547 | $667 | $766 | $1,000 |
| Hill Valley Estates | $739 | $547 | $667 | $766 | $1,000 |
| Mapleton - Fall Creek | $746 | $522 | $634 | $804 | $970 |
| Friends and Neighbors | $746 | $522 | $634 | $804 | $970 |
| Fall Creek Place | $746 | $522 | $634 | $804 | $970 |
| Fairgrounds | $746 | $522 | $634 | $804 | $970 |
| Crosstown | $746 | $522 | $634 | $804 | $970 |
| Bellaire | $746 | $522 | $634 | $804 | $970 |
| Belmont | $747 | $690 | $620 | $765 | $890 |
| Perry Manor | $750 | $533 | $675 | $780 | $987 |
| Carson Heights | $750 | $533 | $675 | $780 | $987 |
| Keystone Manor | $756 | $585 | $647 | $802 | $979 |
| Meridian Park | $761 | $552 | $660 | $868 | $988 |
| Westwood | $762 | $585 | $650 | $819 | $996 |
| Westridge Village | $762 | $585 | $650 | $819 | $996 |
| Waterwood at Eagle Creek | $762 | $585 | $650 | $819 | $996 |
| Twin Oaks | $762 | $585 | $650 | $819 | $996 |
| The Islands | $762 | $585 | $650 | $819 | $996 |
| Summerfield South | $762 | $585 | $650 | $819 | $996 |
| Summerfield Place | $762 | $585 | $650 | $819 | $996 |
| Farleys Speedway Homeplace | $762 | $585 | $650 | $819 | $996 |
| Eagle Valley | $762 | $585 | $650 | $819 | $996 |
| Country Village | $762 | $585 | $650 | $819 | $996 |
| Chapel Hill | $762 | $585 | $650 | $819 | $996 |
| Aspen Ridge | $762 | $585 | $650 | $819 | $996 |
| Maywood | $764 | $658 | $656 | $756 | $961 |
| Mars Hill | $764 | $658 | $656 | $756 | $961 |
| Yorkshire | $765 | $585 | $671 | $847 | $850 |
| Woods Edge | $765 | $585 | $671 | $847 | $850 |
| The Villages | $765 | $585 | $671 | $847 | $850 |
| The Moorings | $765 | $585 | $671 | $847 | $850 |
| Scarborough Village | $765 | $585 | $671 | $847 | $850 |
| Sargent Creek | $765 | $585 | $671 | $847 | $850 |
| Pine Ridge Estates | $765 | $585 | $671 | $847 | $850 |
| Masthead | $765 | $585 | $671 | $847 | $850 |
| Lantern Hills | $765 | $585 | $671 | $847 | $850 |
| Hunters Glen | $765 | $585 | $671 | $847 | $850 |
| Harbour Pines | $765 | $585 | $671 | $847 | $850 |
| Hamptons at Geist | $765 | $585 | $671 | $847 | $850 |
| Fairwood Hills | $765 | $585 | $671 | $847 | $850 |
| East Avalon Hills | $765 | $585 | $671 | $847 | $850 |
| Eagle Nest | $765 | $585 | $671 | $847 | $850 |
| Copperfield | $765 | $585 | $671 | $847 | $850 |
| Castleton Farms | $765 | $585 | $671 | $847 | $850 |
| Castleton Estates | $765 | $585 | $671 | $847 | $850 |
| Castle Ridge | $765 | $585 | $671 | $847 | $850 |
| Castillia | $765 | $585 | $671 | $847 | $850 |
| Brunson Acres | $765 | $585 | $671 | $847 | $850 |
| Bridgewater | $765 | $585 | $671 | $847 | $850 |
| Beamreach | $765 | $585 | $671 | $847 | $850 |
| Williston Green | $773 | $582 | $671 | $809 | $970 |
| Sunset Heights | $773 | $582 | $671 | $809 | $970 |
| Spring Mill Woods | $773 | $582 | $671 | $809 | $970 |
| Spring Mill Ridge | $773 | $582 | $671 | $809 | $970 |
| Spring Mill Estates | $773 | $582 | $671 | $809 | $970 |
| Pickwick Commons | $773 | $582 | $671 | $809 | $970 |
| Park Meridian | $773 | $582 | $671 | $809 | $970 |
| Northbrook | $773 | $582 | $671 | $809 | $970 |
| North Willow | $773 | $582 | $671 | $809 | $970 |
| Greenbriar | $773 | $582 | $671 | $809 | $970 |
| Delaware Trails | $773 | $582 | $671 | $809 | $970 |
| Cedar Knolls | $773 | $582 | $671 | $809 | $970 |
| Wolf Run | $774 | $512 | $671 | $807 | $967 |
| Willow Lakes | $774 | $512 | $671 | $807 | $967 |
| Wildcat Run | $774 | $512 | $671 | $807 | $967 |
| Whispering Pines | $774 | $512 | $671 | $807 | $967 |
| Wanamaker Village | $774 | $512 | $671 | $807 | $967 |
| Village at New Bethel | $774 | $512 | $671 | $807 | $967 |
| Van Arsdel | $774 | $512 | $671 | $807 | $967 |
| Treyburn Lakes | $774 | $512 | $671 | $807 | $967 |
| The Woods at Grassy Creek | $774 | $512 | $671 | $807 | $967 |
| Suncrest | $774 | $512 | $671 | $807 | $967 |
| Stable Chase Estates | $774 | $512 | $671 | $807 | $967 |
| Raymond Park | $774 | $512 | $671 | $807 | $967 |
| Mayfair Village | $774 | $512 | $671 | $807 | $967 |
| Marlin Meadows | $774 | $512 | $671 | $807 | $967 |
| Latonia | $774 | $512 | $671 | $807 | $967 |
| Irongate | $774 | $512 | $671 | $807 | $967 |
| Hunters Crossing | $774 | $512 | $671 | $807 | $967 |
| Hanover North | $774 | $512 | $671 | $807 | $967 |
| Hanover | $774 | $512 | $671 | $807 | $967 |
| Greythorne | $774 | $512 | $671 | $807 | $967 |
| Glen Ridge | $774 | $512 | $671 | $807 | $967 |
| Franklin Shire | $774 | $512 | $671 | $807 | $967 |
| Franklin Place | $774 | $512 | $671 | $807 | $967 |
| Fox Hollow | $774 | $512 | $671 | $807 | $967 |
| Five Points Maple Grove | $774 | $512 | $671 | $807 | $967 |
| College Corner | $774 | $512 | $671 | $807 | $967 |
| Chessington Grove | $774 | $512 | $671 | $807 | $967 |
| Charle Sumac Estates | $774 | $512 | $671 | $807 | $967 |
| Burge Terrace | $774 | $512 | $671 | $807 | $967 |
| Brookfield Place | $774 | $512 | $671 | $807 | $967 |
| Big Run | $774 | $512 | $671 | $807 | $967 |
| Belle Arbor | $774 | $512 | $671 | $807 | $967 |
| Ashland | $774 | $512 | $671 | $807 | $967 |
| Adler Grove | $774 | $512 | $671 | $807 | $967 |
| The Admirals | $778 | $585 | $681 | $857 | $895 |
| Woodpointe | $779 | $585 | $663 | $833 | $1,027 |
| Windham Lake | $779 | $585 | $663 | $833 | $1,027 |
| Tremont Gardens | $779 | $585 | $663 | $833 | $1,027 |
| Country Club Place | $779 | $585 | $663 | $833 | $1,027 |
| Chapel Glen | $779 | $585 | $663 | $833 | $1,027 |
| Millersville | $781 | $684 | $701 | $797 | $974 |
| Lake Kesslerwood | $781 | $684 | $701 | $797 | $974 |
| Charlevoix Lake | $781 | $684 | $701 | $797 | $974 |
| Westchester Estates | $786 | $580 | $686 | $837 | $982 |
| Spring Mill Heights | $787 | $582 | $688 | $821 | $991 |
| Forest View Estates | $787 | $582 | $688 | $821 | $991 |
| United Northwest | $789 | $555 | $697 | $1,040 | $1,171 |
| Golden Hill | $789 | $555 | $697 | $1,040 | $1,171 |
| Crown Hill | $789 | $555 | $697 | $1,040 | $1,171 |
| Butler - Tarkington | $789 | $555 | $697 | $1,040 | $1,171 |
| West Newton | $791 | $658 | $681 | $770 | $981 |
| Valley Mills | $791 | $658 | $681 | $770 | $981 |
| Huntington Park | $791 | $658 | $681 | $770 | $981 |
| Decatur Ridge | $791 | $658 | $681 | $770 | $981 |
| Crooked Creek | $794 | $580 | $695 | $844 | $999 |
| Park 100 | $809 | $520 | $703 | $891 | $1,054 |
| New Augusta Woods | $809 | $520 | $703 | $891 | $1,054 |
| New Augusta | $809 | $520 | $703 | $891 | $1,054 |
| Georgetown Crossing | $809 | $520 | $703 | $891 | $1,054 |
| Fieldstone and Brookstone | $809 | $520 | $703 | $891 | $1,054 |
| Crooked Creek Villages | $809 | $520 | $703 | $891 | $1,054 |
| Crooked Creek Heights | $809 | $520 | $703 | $891 | $1,054 |
| College Park | $809 | $520 | $703 | $891 | $1,054 |
| Augusta Green | $809 | $520 | $703 | $891 | $1,054 |
| Harrison Run | $812 | $585 | $702 | $897 | $939 |
| Trilobi Hills | $820 | $585 | $709 | $902 | $969 |
| Fall Creek Highlands | $820 | $585 | $709 | $902 | $969 |
| Waters Edge at Cummins Farm | $835 | $473 | $747 | $872 | $1,041 |
| Timbers | $835 | $473 | $747 | $872 | $1,041 |
| Thompson Park | $835 | $473 | $747 | $872 | $1,041 |
| Sycamore Run | $835 | $473 | $747 | $872 | $1,041 |
| Southport Green | $835 | $473 | $747 | $872 | $1,041 |
| Southern Trails | $835 | $473 | $747 | $872 | $1,041 |
| Southern Springs | $835 | $473 | $747 | $872 | $1,041 |
| Southern Ridge | $835 | $473 | $747 | $872 | $1,041 |
| Southern Lakes | $835 | $473 | $747 | $872 | $1,041 |
| Richmond Hill | $835 | $473 | $747 | $872 | $1,041 |
| Muirfield | $835 | $473 | $747 | $872 | $1,041 |
| Mcfarland Farms | $835 | $473 | $747 | $872 | $1,041 |
| I65 - South Emerson | $835 | $473 | $747 | $872 | $1,041 |
| Holly Hills | $835 | $473 | $747 | $872 | $1,041 |
| Greenbrooke | $835 | $473 | $747 | $872 | $1,041 |
| Franklin Parke Estates | $835 | $473 | $747 | $872 | $1,041 |
| Buch Creek Woods | $835 | $473 | $747 | $872 | $1,041 |
| Amber Ridge | $835 | $473 | $747 | $872 | $1,041 |
| Christian Park | $839 | $766 | $928 | $763 | $1,049 |
| Canby Home Place | $839 | $766 | $928 | $763 | $1,049 |
| Bartholomews | $839 | $766 | $928 | $763 | $1,049 |
| Pennsylvania Heights | $843 | $574 | $744 | $913 | $1,075 |
| College Commons | $843 | $574 | $744 | $913 | $1,075 |
| Cooper Grove | $852 | $611 | $790 | $869 | $1,042 |
| Churchman Estates | $852 | $611 | $790 | $869 | $1,042 |
| Castleton | $855 | $585 | $769 | $926 | $1,000 |
| Beechler Estates | $855 | $585 | $769 | $926 | $1,000 |
| Glenroy Village | $866 | $955 | $867 | $826 | $1,001 |
| Meridian - Kessler | $883 | $850 | $793 | $904 | $1,029 |
| Lake Maxinhall Estates | $883 | $850 | $793 | $904 | $1,029 |
| Wynbrooke | $912 | $580 | $783 | $934 | $1,214 |
| Woodacre | $912 | $580 | $783 | $934 | $1,214 |
| Wilson's Pinecrest | $912 | $580 | $783 | $934 | $1,214 |
| Williamsburg Villages | $912 | $580 | $783 | $934 | $1,214 |
| Timberview at Eagle Creek | $912 | $580 | $783 | $934 | $1,214 |
| The Estates of Wynbrooke | $912 | $580 | $783 | $934 | $1,214 |
| Sunningdale Commons | $912 | $580 | $783 | $934 | $1,214 |
| Shiloh Creek | $912 | $580 | $783 | $934 | $1,214 |
| Persimmon Grove | $912 | $580 | $783 | $934 | $1,214 |
| Meadows at Eagle Crossing | $912 | $580 | $783 | $934 | $1,214 |
| Links at Eagle Creek | $912 | $580 | $783 | $934 | $1,214 |
| Lakeland Manor | $912 | $580 | $783 | $934 | $1,214 |
| Highlands at Eagle Crossing | $912 | $580 | $783 | $934 | $1,214 |
| Hendricks Heights | $912 | $580 | $783 | $934 | $1,214 |
| Green Braes | $912 | $580 | $783 | $934 | $1,214 |
| Coronado Estates | $912 | $580 | $783 | $934 | $1,214 |
| Clermont Lakes | $912 | $580 | $783 | $934 | $1,214 |
| Ashton | $912 | $580 | $783 | $934 | $1,214 |
| Devonshire | $914 | $883 | $831 | $950 | $1,074 |
| Allisonville | $914 | $883 | $831 | $950 | $1,074 |
| Windcombe | $930 | $660 | $821 | $1,004 | $1,145 |
| Warfleigh | $930 | $883 | $868 | $934 | $1,044 |
| Sylvan Ridge | $930 | $558 | $796 | $1,073 | $1,384 |
| Sherwood Forest | $930 | $558 | $796 | $1,073 | $1,384 |
| Rolling Ridge | $930 | $883 | $868 | $934 | $1,044 |
| Ravenswood | $930 | $660 | $821 | $1,004 | $1,145 |
| Oxbow Estates | $930 | $883 | $868 | $934 | $1,044 |
| Northern Hills | $930 | $558 | $796 | $1,073 | $1,384 |
| North Kessler Manor | $930 | $883 | $868 | $934 | $1,044 |
| Lake Clearwater | $930 | $558 | $796 | $1,073 | $1,384 |
| Kessler Commons | $930 | $883 | $868 | $934 | $1,044 |
| Glendale Terrace | $930 | $558 | $796 | $1,073 | $1,384 |
| Glendale | $930 | $883 | $868 | $934 | $1,044 |
| Forest Hills | $930 | $883 | $868 | $934 | $1,044 |
| Fall Creek Manor | $930 | $883 | $868 | $934 | $1,044 |
| Driftwood Hills | $930 | $558 | $796 | $1,073 | $1,384 |
| Central Nora | $930 | $558 | $796 | $1,073 | $1,384 |
| Canterbury | $930 | $883 | $868 | $934 | $1,044 |
| Brockton | $930 | $883 | $868 | $934 | $1,044 |
| Broad Ripple | $930 | $883 | $868 | $934 | $1,044 |
| Avalon Hills | $930 | $883 | $868 | $934 | $1,044 |
| Arden | $930 | $883 | $868 | $934 | $1,044 |
| Woodland Trails | $983 | $1,121 | $1,252 | $847 | $1,049 |
| Sunnyview | $983 | $1,121 | $1,252 | $847 | $1,049 |
| Red Maple Grove | $983 | $1,121 | $1,252 | $847 | $1,049 |
| Norwood Place | $983 | $1,121 | $1,252 | $847 | $1,049 |
| Meyers | $983 | $1,121 | $1,252 | $847 | $1,049 |
| Garfield Park | $983 | $1,121 | $1,252 | $847 | $1,049 |
| Franklin Gardens | $983 | $1,121 | $1,252 | $847 | $1,049 |
| Fountain Square South | $983 | $1,121 | $1,252 | $847 | $1,049 |
| Fountain Square | $983 | $1,121 | $1,252 | $847 | $1,049 |
| Finch Park | $983 | $1,121 | $1,252 | $847 | $1,049 |
| Caven and Rockwood | $983 | $1,121 | $1,252 | $847 | $1,049 |
| Canby Park | $983 | $1,121 | $1,252 | $847 | $1,049 |
| Bethel | $983 | $1,121 | $1,252 | $847 | $1,049 |
| Beechcrest | $983 | $1,121 | $1,252 | $847 | $1,049 |
| Bean Creek | $983 | $1,121 | $1,252 | $847 | $1,049 |
| Bates - Hendricks | $983 | $1,121 | $1,252 | $847 | $1,049 |
| Atkinson | $983 | $1,121 | $1,252 | $847 | $1,049 |
| Addison Meadows | $983 | $1,121 | $1,252 | $847 | $1,049 |
| Keystone at The Crossing | $986 | $558 | $840 | $1,113 | $1,503 |
| Hamilton Heights | $986 | $558 | $840 | $1,113 | $1,503 |
| Chesterton | $986 | $558 | $840 | $1,113 | $1,503 |
| Reagan Park | $1,104 | $797 | $949 | $1,246 | $1,266 |
| Riverside | $1,156 | $754 | $983 | $1,375 | $2,026 |
| Meridian - Highland | $1,156 | $754 | $983 | $1,375 | $2,026 |
| Hillside | $1,157 | $795 | $1,028 | $1,273 | $1,230 |
| Windsor Park | $1,188 | $790 | $1,019 | $1,361 | $2,317 |
| Irish Hills | $1,188 | $790 | $1,019 | $1,361 | $2,317 |
| Holy Cross | $1,188 | $790 | $1,019 | $1,361 | $2,317 |
| Cottage Home | $1,188 | $790 | $1,019 | $1,361 | $2,317 |
| The Canal and White River State Park | $1,191 | $872 | $1,029 | $1,324 | $1,368 |
| The Old Northside | $1,225 | $804 | $1,043 | $1,427 | $2,317 |
| Ransom Place | $1,225 | $804 | $1,043 | $1,427 | $2,317 |
| Lockerbie Square | $1,225 | $804 | $1,043 | $1,427 | $2,317 |
| Indiana Avenue and IUPUI | $1,225 | $804 | $1,043 | $1,427 | $2,317 |
| Herron - Morton Place | $1,225 | $804 | $1,043 | $1,427 | $2,317 |
| Fall Creek and 16th Street Park | $1,225 | $804 | $1,043 | $1,427 | $2,317 |
| Fletcher Place | $1,317 | $886 | $1,141 | $1,487 | $1,962 |
| St. Joseph | $1,339 | $881 | $1,137 | $1,560 | $2,467 |
| Cole Noble | $1,339 | $881 | $1,137 | $1,560 | $2,467 |
| Chatham Arch and Mass Avenue | $1,339 | $881 | $1,137 | $1,560 | $2,467 |
| Wholesale District | $1,490 | $989 | $1,247 | $1,791 | $2,550 |
| North Meridian | $1,490 | $989 | $1,247 | $1,791 | $2,550 |
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The most affordable neighborhoods in Indianapolis are Bells Run, where the average rent goes for $574/month, Cherry Lake, where renters pay $574/mo on average, and Deer Run, where the average rent goes for $574/mo. If you’re looking for other great deals, check out the listings from Eastbrooke Meadows ($574), Glick's East 42nd St ($574), and Mills and Hauser ($574), where the asking prices are below the average Indianapolis rent of $815/mo.
The most expensive neighborhoods in Indianapolis are St. Joseph ($1,339), North Meridian ($1,490) and Wholesale District ($1,490).
Indianapolis | Rent Comparison by Neighborhood
Rent in Addison Meadows is 27% higher than in Adler Grove
$983
Addison Meadows rent is 21% higher than Indianapolis average
| All rentals | $983 |
|---|---|
| Studio | $1,121 |
| 1 Bed | $1,252 |
| 2 Beds | $847 |
| 3 Beds | $1,049 |
$774
Adler Grove rent is 5% lower than Indianapolis average
| All rentals | $774 |
|---|---|
| Studio | $512 |
| 1 Bed | $671 |
| 2 Beds | $807 |
| 3 Beds | $967 |
How Does Indianapolis Compare to Nearby Cities
| Average Rent | Y-o-Y Change | |
|---|---|---|
| Indianapolis | $815 | 4% |
| Fort Wayne | $730 | 4% |
| Elkhart | $713 | 5% |
| Jeffersonville | $718 | 4% |
For more information about the Indianapolis rental trends, check out our monthly rent report
Cheapest Listings on RENTCafé
- Pangea Vineyards
- Cambridge Commons
- Pangea Cedars
- Willowood East
- Pangea Parkwest
- Elmtree Apts
- Dogwood Glen
- Bavarian Village Apartments
- Rosewood Commons
- Pangea Meadows
- Pangea Prairies
- Kingston Square Apartments
- Sherbrook
- Annhurst
- Pangea Riverside
- Marabou Mills
- Cherry Glen
- Lake Marina Apartments
- Pangea Hills
- Scarborough Lake Apartments
Mid-priced Listings on RENTCafé
- 7645 East 50th Street
- 221 Grovewood Dr Beech Grove IN 46107
- 1739 East 71st Street
- 9420 E Shenandoah Indianapolis IN 46229
- 4145 Canapple Dr
- 2860 Mozart Way
- 8131 Sheroak Ct
- 4145 Canapple Dr
- 11312 Narrowleaf Dr
- 2718 Lullwater Ln
- Monon Place I (Classic and Renovated), Managed by Buckingham Monon Living
- 2835 Greenview Way
- 10657 Lacebark Lane
- 10209 Park Ridge Dr
- 3050 N Acoma Drive
- 3033 S. Tacoma Avenue
- 6113 Longmeadow Dr
- 1843 Sweet Blossom Ln
- 5222 Hodson Dr
- 4409 Tucson Dr
Most Expensive Listings on RENTCafé
- 1754 Perry Commons Boulevard
- 3110 Brandenburg Dr
- 11926 Titania Circle
- 3009 Metz Court
- 10808 Ruckle St Indianapolis IN 46280
- 3725 Laurel Cherry Lane
- 12618 Tealwood Dr
- 1643 Blankenship Drive
- 5915 Cabot Drive
- 10621 Inspiration Drive
- 6423 Watercrest Way
- 5916 Minden Drive
- 12618 Tealwood Dr
- 5537 Floating Leaf Drive
- 3158 Crestwell Drive
- 10845 Middlebrook Lane
- 10364 Carrington Way
- 5838 Twin River Lane
- 1877 Zachary Lane
- 12235 Pentwater Court Indianapolis IN 46236
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.