Castleton, Indianapolis, IN Rental Market Trends
Last updated: November 19, 2025 | Source: RentCafe Market Analysis, Yardi Matrix, U.S. Census Bureau
Highlights
The average rent for an apartment in Castleton is $1,345, a 1.81% increase compared to the previous year, when the average rent was $1,321.
One-bedroom apartments provide 744 square feet for $1,233, balancing privacy and affordability.
Two-beedroom units at $1,438 offer 1,036 square feet, perfect for roommates or small families.
Three-bedroom apartments deliver maximum space (1,360 sq ft) for $1,717, suitable for larger households.
Average rent in Castleton, Indianapolis, IN
| Average Rent | Average Apartment Size | |
|---|---|---|
| All Rentals | $1,345 | 900 sq. ft. |
| Studio | n/a | n/a |
| 1 Bed | $1,233 | 744 sq. ft. |
| 2 Beds | $1,438 | 1,036 sq. ft. |
| 3 Beds | $1,717 | 1,360 sq. ft. |
Castleton, Indianapolis, IN rent trends
Rental prices in Castleton, Indianapolis, IN have increased by 1.81% over the past year. The average rent moved from $1,321 to $1,345.
What's the typical rent budget in Castleton, Indianapolis, IN?
The largest share of rentals in Castleton, Indianapolis, IN (80%) fall between $1,001-$1,500 per month. This suggests that most people succesfully find suitable apartments within this price.
Do most people rent or own in Castleton, Indianapolis, IN?
2,888 or 55% of the households in Castleton, Indianapolis, IN are renter-occupied while 2,361 or 45% are owner-occupied.
Where this data comes from
The rental statistics on this page were compiled by RentCafe.com, a nationwide apartment search website trusted by millions of renters to find apartments and houses for rent throughout the U.S.
Rent prices, trends, and apartment sizes were calculated based on data from our sister company, Yardi Matrix, an apartment market intelligence solution that covers approximately 90% of the U.S. metro area population. The data includes comprehensive information on all Castleton apartment buildings with 50 or more units, totaling 23.5 million apartments across 181 U.S. markets.
Housing composition data was sourced from the U.S. Census Bureau, using the most recently available information by tenure.