Castleton, Indianapolis, IN Rental Market Trends
What is the average rent in Castleton?
The average rent for an apartment in Castleton is $1,338. The cost of rent varies depending on several factors, including location, size, and quality.
Average rent in Castleton, Indianapolis, IN
Last updated February 2025
| Average Rent | Average Apartment Size |
|---|---|
| $1,338 | 900 sq. ft. |
What is the average apartment size in Castleton, Indianapolis, IN?
The average size for a Castleton, Indianapolis, IN apartment is 900 square feet, but this number varies greatly depending on unit type, with cheap and luxury alternatives for houses and apartments alike. Studio apartments are the smallest and most affordable, 1-bedroom apartments are closer to the average, while 2-bedroom apartments and 3-bedroom apartments offer a more generous square footage.
Castleton, Indianapolis, IN apartment rent ranges
Castleton, Indianapolis, IN Occupied Housing Units
2,888 or 55% of the households in Castleton, Indianapolis, IN are renter-occupied while 2,361 or 45% are owner-occupied.
Castleton, Indianapolis, IN rent trends
Average Rent in Indianapolis, IN By Neighborhood
| City | Average Rent |
|---|---|
| Fall Creek and 16th Street Park | $1,891 |
| North Meridian | $1,845 |
| Chatham Arch and Mass Avenue | $1,700 |
| Wholesale District | $1,674 |
| Sycamore Run | $1,619 |
| Fountain Square | $1,603 |
| Oxbow Estates | $1,596 |
| Clermont Lakes | $1,589 |
| Meridian - Kessler | $1,579 |
| Herron - Morton Place | $1,567 |
| North Harrison Park | $1,548 |
| Fletcher Place | $1,548 |
| Cole Noble | $1,528 |
| The Canal and White River State Park | $1,516 |
| College Park | $1,504 |
| Delaware Trails | $1,484 |
| Devonshire | $1,482 |
| Reagan Park | $1,460 |
| St. Joseph | $1,450 |
| Valley Mills | $1,442 |
| Broad Ripple | $1,439 |
| Sherman Commons | $1,424 |
| Keystone at The Crossing | $1,419 |
| Southern Springs | $1,395 |
| Chapel Hill | $1,375 |
| Bayswater - Eagles Watch | $1,360 |
| Fairgrounds | $1,352 |
| Greenbrooke | $1,342 |
| University Heights | $1,341 |
| Sonesta | $1,339 |
| Castleton | $1,338 |
| Mapleton - Fall Creek | $1,327 |
| The Park at Buffalo Creek | $1,308 |
| Allisonville | $1,303 |
| Briarstone Villas | $1,299 |
| Castle Ridge | $1,293 |
| North Willow | $1,289 |
| Summerfield Place | $1,283 |
| Crooked Creek Heights | $1,280 |
| Wedgewood | $1,276 |
| Trinity Manor | $1,249 |
| The Highlands | $1,237 |
| Ivy Hills | $1,233 |
| Fall Creek Manor | $1,230 |
| East Avalon Hills | $1,221 |
| Willow Lakes | $1,213 |
| Laura Templetons | $1,213 |
| Shadow Wood South | $1,212 |
| Rosewood | $1,204 |
| The Islands | $1,203 |
| Lake Maxinhall Estates | $1,186 |
| Parkwood Terrace | $1,178 |
| Liberty Creek | $1,177 |
| I65 - South Emerson | $1,163 |
| Eagle Cove | $1,152 |
| Westchester Estates | $1,148 |
| Mount Auburn | $1,147 |
| Winchester Village | $1,141 |
| Arlington Woods | $1,129 |
| Speedway Woods | $1,125 |
| Tempo North | $1,118 |
| Central Nora | $1,117 |
| Marian - Cold Springs | $1,114 |
| Park Valley Estates | $1,111 |
| Crooked Creek | $1,110 |
| Sheffield Woods | $1,104 |
| Mars Hill | $1,103 |
| New Augusta Woods | $1,088 |
| Eastbrooke Meadows | $1,080 |
| Eagledale | $1,046 |
| North Perry | $1,045 |
| West Edgewood | $1,023 |
| The Old Northside | $1,020 |
| Devington | $1,017 |
| Carson Heights | $1,016 |
| Deer Creek | $1,013 |
| East Gate | $977 |
| Parc Estates | $976 |
| Glicks East 38th St | $976 |
| Watson's | $966 |
| Otterbein | $950 |
| Irvington | $939 |
| Arlington Heights | $870 |
| Biltmore Gardens | $858 |
| Meadows - Fall Creek | $857 |
| Christian Park | $839 |
| Crown Hill | $810 |
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What are the most affordable neighborhoods in Indianapolis?
The most affordable neighborhoods in Indianapolis are Crown Hill, where the average rent goes for $810/month, Christian Park, where renters pay $839/mo on average, and Meadows - Fall Creek, where the average rent goes for $857/mo. If you’re looking for other great deals, check out the listings from Biltmore Gardens ($858), Arlington Heights ($870), and Irvington ($939), where the asking prices are below the average Indianapolis rent of $1,248/mo.
What are the most expensive neighborhoods in Indianapolis?
The most expensive neighborhoods in Indianapolis are Chatham Arch and Mass Avenue ($1,700), North Meridian ($1,845) and Fall Creek and 16th Street Park ($1,891).
What are the most popular neighborhoods in Indianapolis?
The most popular neighborhood in Indianapolis is Eagledale, where there are 12 listings with an average rent of $1,046. Next up is Castleton, where apartments go for $1,338/month, followed by Devington with $1,017 If you’re looking to rent in Indianapolis’s most popular neighborhoods, make sure to also check out Liberty Creek, where renters pay $1,177 on average, and Broad Ripple, where the average monthly rent is $1,439.
Indianapolis | Rent Comparison by Neighborhood
Rent in Castleton is 3% higher than in Allisonville
$1,338
Castleton rent is the same as Indianapolis average
Average Rent
$1,338
$1,303
Allisonville rent is 3% lower than Indianapolis average
Average Rent
$1,303
How Indianapolis Compares to Other Cities
| State | Average Rent |
|---|---|
| Indianapolis | $1,248 |
| New Albany | $1,090 |
| Fort Wayne | $1,153 |
| South Bend | $1,272 |
| Bloomington | $1,630 |
| Jeffersonville | $1,215 |
| Lafayette | $1,122 |
| Greenwood | $1,333 |
| Carmel | $1,620 |
| Fishers | $1,577 |
| Noblesville | $1,536 |
| Lawrence | $1,194 |
| Avon | $1,525 |
| Plainfield | $1,530 |
| Camby | $1,454 |
| Whitestown | $1,697 |
| Greenfield | $1,311 |
| Brownsburg | $1,500 |
| Franklin | $1,407 |
| Westfield | $1,663 |
| Lebanon | $1,059 |
Most Popular Apartments in Indianapolis
7 Pointe Apartments
4724 Round Lake Rd, Indianapolis, IN 46205| 1 BED | $989+ |
| 2 BEDS | $1,089+ |
| 3 BEDS | $1,299 |
Summit At Keystone
6630 Glenbrook Drive, Indianapolis, IN 46220| 1 BED | $984+ |
| 2 BEDS | $1,107+ |
| 3 BEDS | N/A |
220 Meridian
220 N. Meridian St., Indianapolis, IN 46204| STUDIO | $1,788+ |
| 1 BED | $1,785+ |
| 2+ BEDS | $2,814+ |
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CityView On Meridian
3801 N. Meridian St, Indianapolis, IN 46208| 1 BED | $1,009+ |
| 2 BEDS | $1,469+ |
| 3 BEDS | $1,699+ |