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 Aug 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 | |
|---|---|---|---|---|---|
| Aug / 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 | $576 | $462 | $507 | $604 | $783 |
| Warren Woods | $576 | $462 | $507 | $604 | $783 |
| Traditions | $576 | $462 | $507 | $604 | $783 |
| The Roses of Lawrence | $576 | $462 | $507 | $604 | $783 |
| The Parks at Winding Ridge | $576 | $462 | $507 | $604 | $783 |
| Royal Oaks | $576 | $462 | $507 | $604 | $783 |
| Pine Hill Estates | $576 | $462 | $507 | $604 | $783 |
| Orchard Valley Farms | $576 | $462 | $507 | $604 | $783 |
| Mills and Hauser | $576 | $462 | $507 | $604 | $783 |
| Glick's East 42nd St | $576 | $462 | $507 | $604 | $783 |
| Eastbrooke Meadows | $576 | $462 | $507 | $604 | $783 |
| Deer Run | $576 | $462 | $507 | $604 | $783 |
| Cherry Lake | $576 | $462 | $507 | $604 | $783 |
| Bells Run | $576 | $462 | $507 | $604 | $783 |
| Rose Haven | $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 | $600 | $462 | $532 | $627 | $825 |
| Oaklandon | $600 | $462 | $532 | $627 | $825 |
| Watson's | $616 | $465 | $547 | $644 | $803 |
| Glicks East 38th St | $616 | $465 | $547 | $644 | $803 |
| North Eastwood | $639 | $467 | $557 | $660 | $832 |
| Arlington Heights | $640 | $479 | $563 | $640 | $745 |
| Forest Manor | $643 | $466 | $576 | $670 | $783 |
| Arlington Woods | $644 | $472 | $574 | $661 | $780 |
| Wilmington Park | $646 | $470 | $577 | $675 | $818 |
| White | $646 | $470 | $577 | $675 | $818 |
| Wallingwood | $646 | $470 | $577 | $675 | $818 |
| Waddy's | $646 | $470 | $577 | $675 | $818 |
| The Arbor's | $646 | $470 | $577 | $675 | $818 |
| Shadeland Park | $646 | $470 | $577 | $675 | $818 |
| Shadeland | $646 | $470 | $577 | $675 | $818 |
| Rosedale Park | $646 | $470 | $577 | $675 | $818 |
| Records | $646 | $470 | $577 | $675 | $818 |
| Pope Place | $646 | $470 | $577 | $675 | $818 |
| North Lawrence Park | $646 | $470 | $577 | $675 | $818 |
| Morrow Wood | $646 | $470 | $577 | $675 | $818 |
| Lawrence Terrace | $646 | $470 | $577 | $675 | $818 |
| Lawrence Park | $646 | $470 | $577 | $675 | $818 |
| Lawrence Manor | $646 | $470 | $577 | $675 | $818 |
| Imperial Gardens | $646 | $470 | $577 | $675 | $818 |
| Hy-View Meadows | $646 | $470 | $577 | $675 | $818 |
| Henry Seller's to Lawrence | $646 | $470 | $577 | $675 | $818 |
| Harrison Park | $646 | $470 | $577 | $675 | $818 |
| Green Acres | $646 | $470 | $577 | $675 | $818 |
| Franklin Trails Estates | $646 | $470 | $577 | $675 | $818 |
| Franklin Heights | $646 | $470 | $577 | $675 | $818 |
| Farmington Lakes | $646 | $470 | $577 | $675 | $818 |
| Fall Creek Heights | $646 | $470 | $577 | $675 | $818 |
| Devington | $646 | $470 | $577 | $675 | $818 |
| Brookside Park | $646 | $470 | $577 | $675 | $818 |
| Brendonwood | $646 | $470 | $577 | $675 | $818 |
| Brendon Park | $646 | $470 | $577 | $675 | $818 |
| Bechtold | $646 | $470 | $577 | $675 | $818 |
| Atwell Acres | $646 | $470 | $577 | $675 | $818 |
| Allen and Sellers | $646 | $470 | $577 | $675 | $818 |
| Windridge | $648 | $470 | $577 | $680 | $818 |
| Devon | $648 | $470 | $577 | $680 | $818 |
| Brendonridge | $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 | $657 | $462 | $575 | $681 | $958 |
| 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 | $685 | $453 | $587 | $735 | $901 |
| Falender's Meadowood | $685 | $453 | $587 | $735 | $901 |
| Fort Harrison State Park | $688 | $470 | $608 | $714 | $928 |
| Meadows - Fall Creek | $689 | $467 | $632 | $709 | $794 |
| Eagledale | $691 | $482 | $584 | $741 | $871 |
| Thatcher Park | $692 | $482 | $584 | $741 | $879 |
| 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 |
| Parc Estates | $714 | $488 | $614 | $765 | $939 |
| Marian - Cold Springs | $715 | $696 | $575 | $765 | $805 |
| Springs of Hamptons | $715 | $486 | $607 | $721 | $875 |
| Creekside Woods | $715 | $486 | $607 | $721 | $875 |
| Cedar Spring | $715 | $486 | $607 | $721 | $875 |
| Whalen's Fairhope | $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 |
| Southdowns | $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 |
| 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 |
| Forrest Commons | $716 | $551 | $645 | $744 | $940 |
| Fairfax | $716 | $696 | $575 | $768 | $805 |
| 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 |
| Winchester Village | $718 | $547 | $645 | $749 | $941 |
| West Edgewood | $718 | $547 | $645 | $749 | $941 |
| Southgate Farms | $718 | $547 | $645 | $749 | $941 |
| Sherman Commons | $718 | $547 | $645 | $749 | $941 |
| Grandview Acres | $718 | $547 | $645 | $749 | $941 |
| Edgewood | $718 | $547 | $645 | $749 | $941 |
| Whitehall Commons | $721 | $507 | $642 | $780 | $910 |
| The Highlands | $721 | $507 | $642 | $780 | $910 |
| Mapleton - Fall Creek | $721 | $501 | $641 | $768 | $870 |
| Liberty Creek | $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 |
| Fairgrounds | $721 | $501 | $641 | $768 | $870 |
| Eagle Trace Village | $721 | $507 | $642 | $780 | $910 |
| Deer Creek | $721 | $507 | $642 | $780 | $910 |
| Crosstown | $721 | $501 | $641 | $768 | $870 |
| Bellaire | $721 | $501 | $641 | $768 | $870 |
| Bayswater - Eagles Watch | $721 | $507 | $642 | $780 | $910 |
| Wedgewood | $725 | $507 | $650 | $771 | $909 |
| The Willows | $725 | $507 | $650 | $771 | $909 |
| The Trees | $725 | $507 | $650 | $771 | $909 |
| Oakforge Woods | $725 | $507 | $650 | $771 | $909 |
| Lakeside Manor | $725 | $507 | $650 | $771 | $909 |
| Lafayette Square | $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 |
| Coventry Woods | $725 | $507 | $650 | $771 | $909 |
| Cobblestone | $725 | $507 | $650 | $771 | $909 |
| Ballinshire Estates | $725 | $507 | $650 | $771 | $909 |
| Eagles Landing | $737 | $511 | $651 | $795 | $947 |
| Shelton Heights | $738 | $696 | $596 | $774 | $888 |
| Traders Cove on the Lake | $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 |
| Hoss South Meridian Highlands | $744 | $551 | $668 | $778 | $972 |
| Hill Valley Estates | $744 | $551 | $668 | $778 | $972 |
| Belmont | $745 | $683 | $605 | $775 | $884 |
| North Perry | $746 | $547 | $668 | $782 | $973 |
| Perry Manor | $756 | $537 | $680 | $786 | $988 |
| Meridian Park | $757 | $526 | $675 | $856 | $925 |
| Carson Heights | $758 | $533 | $680 | $789 | $989 |
| 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 | $768 | $566 | $657 | $823 | $1,017 |
| Waterwood at Eagle Creek | $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 |
| Westridge Village | $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 |
| 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 | $807 | $990 |
| 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 | $807 | $990 |
| Park Meridian | $773 | $583 | $668 | $806 | $989 |
| Northbrook | $773 | $583 | $668 | $806 | $989 |
| North Willow | $773 | $583 | $668 | $807 | $990 |
| Greenbriar | $773 | $583 | $668 | $806 | $989 |
| Delaware Trails | $773 | $583 | $668 | $807 | $990 |
| 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 |
| Mars Hill | $779 | $658 | $656 | $779 | $958 |
| Maywood | $782 | $658 | $658 | $784 | $958 |
| West Newton | $783 | $658 | $667 | $775 | $952 |
| Valley Mills | $783 | $658 | $667 | $775 | $952 |
| Decatur Ridge | $783 | $658 | $667 | $775 | $952 |
| Woodpointe | $783 | $567 | $668 | $837 | $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 | $840 | $998 |
| Huntington Park | $790 | $658 | $671 | $786 | $952 |
| Crooked Creek | $796 | $580 | $692 | $846 | $1,023 |
| 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 | $824 | $528 | $725 | $1,094 | $1,500 |
| Harrison Run | $830 | $598 | $727 | $897 | $1,032 |
| Trilobi Hills | $839 | $598 | $737 | $904 | $1,049 |
| Fall Creek Highlands | $839 | $598 | $737 | $904 | $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 | $863 | $804 | $774 | $883 | $1,012 |
| Lake Maxinhall Estates | $863 | $804 | $774 | $883 | $1,012 |
| Cooper Grove | $868 | $622 | $814 | $879 | $1,066 |
| Churchman Estates | $868 | $622 | $814 | $879 | $1,066 |
| Canby Home Place | $869 | $786 | $981 | $781 | $1,047 |
| Bartholomews | $869 | $786 | $981 | $781 | $1,047 |
| Christian Park | $871 | $846 | $987 | $774 | $1,047 |
| Glenroy Village | $887 | $986 | $905 | $838 | $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 |
| Oxbow Estates | $912 | $834 | $839 | $916 | $1,050 |
| Broad Ripple | $912 | $834 | $839 | $916 | $1,050 |
| Warfleigh | $913 | $834 | $839 | $916 | $1,058 |
| Rolling Ridge | $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 |
| 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 |
| Central Nora | $935 | $538 | $811 | $1,073 | $1,338 |
| 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 |
| Keystone at The Crossing | $990 | $538 | $850 | $1,112 | $1,501 |
| Hamilton Heights | $995 | $538 | $850 | $1,120 | $1,520 |
| Chesterton | $995 | $538 | $850 | $1,120 | $1,520 |
| Woodland Trails | $1,023 | $1,068 | $1,272 | $880 | $1,047 |
| Franklin Gardens | $1,023 | $1,068 | $1,272 | $880 | $1,047 |
| Addison Meadows | $1,023 | $1,068 | $1,272 | $880 | $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 |
| 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 |
| 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 |
| 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 |
| The Old Northside | $1,249 | $819 | $1,079 | $1,437 | $2,312 |
| Fletcher Place | $1,335 | $914 | $1,168 | $1,492 | $1,961 |
| Cole Noble | $1,356 | $888 | $1,167 | $1,555 | $2,466 |
| St. Joseph | $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 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 $576/mo. If you’re looking for other great deals, check out the listings from Cherry Lake ($576), Deer Run ($576), and Eastbrooke Meadows ($576), where the asking prices are below the average Indianapolis rent of $820/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 | $820 | 2% |
| Fort Wayne | $734 | 2% |
| Elkhart | $724 | 4% |
| Jeffersonville | $716 | 0% |
For more information about the Indianapolis rental trends, check out our monthly rent report
Cheapest Listings on RENTCafé
- Beech Grove Station
- Pangea Vineyards
- Walnut Ridge
- Fountainview Apartments
- Rosewood Commons
- Elmtree Apts
- Dogwood Glen
- Heathmoore - Indianapolis
- Pangea Parkwest
- Bavarian Village Apartments
- Kingston Square Apartments
- Creekside at Meridian Hills
- Cambridge Commons
- Ashford Meridian Hills
- Pangea Meadows
- Scarborough Lake Apartments
- Lake Marina Apartments
- Olivewood
- Marabou Mills
- Abington Apartments
Mid-priced Listings on RENTCafé
- 4343 Strawflower Dr
- 6305 Blakeview Drive
- 3809 Bonn Boulevard Indianapolis IN 46228
- 14 Edwards Ct
- 1646 N Furman Ave
- 3961 Bonn Drive
- 9045 Stardust Drive
- 6759 Stanhope Way
- 4625 Whitview Lane
- 8030 Maple Stream Lane
- 2002 S Hunter Rd Indianapolis IN 46239
- 8539 Coralberry Lane
- 1935 Mare Ave
- The Congress at Library Square
- 5528 Dollar Hide North Drive
- 5253 Rowan Court Indianapolis, IN 46237
- 2019 Blue Pine Lane Indianapolis, In 46231
- 4206 Village Trace Blvd
- 2215 Rolling Oak Drive Indianapolis, IN 46214
- 5132 Rocky Forge Dr
Most Expensive Listings on RENTCafé
- 11031 Fall Dr
- 6524 Kentstone Drive
- 6439 Glory Maple Lane
- 10384 Yosemite Lane
- 6250 Kentstone Dr Indianapolis, IN 46268
- 10640 Crackling Dr
- 5445 Thompson Park Boulevard
- 2540 Lullwater Ln
- 10709 Gathering Drive
- 2011 Lohr Dr
- 1914 Thornbro Drive Indianapolis IN 46231
- 11641 Eldridge Drive Indianapolis, IN 46235
- 9106 Bagley Way
- 7939 Branch Creek Way
- 10448 Pintail Ln
- 10504 Pintail Ln
- 10077 Pine Grove Way Indianapolis, IN 46234
- 9113 Turnbridge Ct Indianapolis, IN 46260
- 10444 Kensington Way Indianapolis, IN 46234
- 5565 Noble 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.