College Park, Indianapolis, IN Rental Market Trends
What is the average rent in College Park?
The average rent for an apartment in College Park is $1,518. The cost of rent varies depending on several factors, including location, size, and quality.
Average rent in College Park, Indianapolis, IN
Last updated March 2025
| Average Rent | Average Apartment Size |
|---|---|
| $1,518 | 980 sq. ft. |
What is the average apartment size in College Park, Indianapolis, IN?
The average size for a College Park, Indianapolis, IN apartment is 980 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.
College Park, Indianapolis, IN apartment rent ranges
College Park, Indianapolis, IN Occupied Housing Units
6,008 or 54% of the households in College Park, Indianapolis, IN are renter-occupied while 5,198 or 46% are owner-occupied.
College Park, Indianapolis, IN rent trends
Average Rent in Indianapolis, IN By Neighborhood
| City | Average Rent |
|---|---|
| Fall Creek and 16th Street Park | $1,900 |
| North Meridian | $1,853 |
| Chatham Arch and Mass Avenue | $1,707 |
| Wholesale District | $1,681 |
| Sycamore Run | $1,622 |
| Fountain Square | $1,606 |
| Clermont Lakes | $1,601 |
| Oxbow Estates | $1,593 |
| Herron - Morton Place | $1,582 |
| Meridian - Kessler | $1,581 |
| North Harrison Park | $1,558 |
| Fletcher Place | $1,549 |
| Cole Noble | $1,535 |
| The Canal and White River State Park | $1,523 |
| College Park | $1,518 |
| Devonshire | $1,487 |
| Broad Ripple | $1,455 |
| St. Joseph | $1,454 |
| Valley Mills | $1,448 |
| Keystone at The Crossing | $1,429 |
| Delaware Trails | $1,425 |
| Sherman Commons | $1,407 |
| Reagan Park | $1,407 |
| Southern Springs | $1,400 |
| Chapel Hill | $1,380 |
| Bayswater - Eagles Watch | $1,350 |
| Castleton | $1,348 |
| Sonesta | $1,345 |
| Greenbrooke | $1,343 |
| Fairgrounds | $1,341 |
| Mapleton - Fall Creek | $1,334 |
| The Park at Buffalo Creek | $1,312 |
| North Willow | $1,311 |
| Briarstone Villas | $1,304 |
| Summerfield Place | $1,303 |
| Castle Ridge | $1,297 |
| Wedgewood | $1,278 |
| Trinity Manor | $1,253 |
| Crooked Creek Heights | $1,253 |
| Allisonville | $1,246 |
| Ivy Hills | $1,233 |
| Fall Creek Manor | $1,230 |
| East Avalon Hills | $1,225 |
| Laura Templetons | $1,217 |
| Willow Lakes | $1,216 |
| Shadow Wood South | $1,216 |
| The Islands | $1,211 |
| Rosewood | $1,208 |
| The Highlands | $1,201 |
| Parkwood Terrace | $1,182 |
| Liberty Creek | $1,174 |
| Lake Maxinhall Estates | $1,172 |
| I65 - South Emerson | $1,166 |
| Winchester Village | $1,153 |
| Eagle Cove | $1,153 |
| Westchester Estates | $1,152 |
| Speedway Woods | $1,146 |
| Mount Auburn | $1,142 |
| Arlington Woods | $1,132 |
| Crooked Creek | $1,125 |
| Central Nora | $1,116 |
| Tempo North | $1,115 |
| Marian - Cold Springs | $1,114 |
| Mars Hill | $1,111 |
| Sheffield Woods | $1,093 |
| New Augusta Woods | $1,091 |
| Eastbrooke Meadows | $1,083 |
| North Perry | $1,053 |
| Deer Creek | $1,047 |
| Eagledale | $1,046 |
| Devington | $1,027 |
| West Edgewood | $1,025 |
| The Old Northside | $1,020 |
| Carson Heights | $1,008 |
| East Gate | $980 |
| Glicks East 38th St | $979 |
| Parc Estates | $978 |
| Otterbein | $971 |
| Watson's | $968 |
| Irvington | $942 |
| Park Valley Estates | $938 |
| University Heights | $915 |
| Biltmore Gardens | $871 |
| Arlington Heights | $871 |
| Meadows - Fall Creek | $853 |
| Christian Park | $841 |
| Crown Hill | $802 |
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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 $802/month, Christian Park, where renters pay $841/mo on average, and Meadows - Fall Creek, where the average rent goes for $853/mo. If you’re looking for other great deals, check out the listings from Arlington Heights ($871), Biltmore Gardens ($871), and University Heights ($915), where the asking prices are below the average Indianapolis rent of $1,250/mo.
What are the most expensive neighborhoods in Indianapolis?
The most expensive neighborhoods in Indianapolis are Chatham Arch and Mass Avenue ($1,707), North Meridian ($1,853) and Fall Creek and 16th Street Park ($1,900).
What are the most popular neighborhoods in Indianapolis?
The most popular neighborhood in Indianapolis is Liberty Creek, where there are 11 listings with an average rent of $1,174. Next up is Valley Mills, where apartments go for $1,448/month, followed by Eagledale with $1,046 If you’re looking to rent in Indianapolis’s most popular neighborhoods, make sure to also check out Castleton, where renters pay $1,348 on average, and Broad Ripple, where the average monthly rent is $1,455.
Indianapolis | Rent Comparison by Neighborhood
Rent in College Park is 22% higher than in Allisonville
$1,518
College Park rent is the same as Indianapolis average
Average Rent
$1,518
$1,246
Allisonville rent is 18% lower than Indianapolis average
Average Rent
$1,246
How Indianapolis Compares to Other Cities
| State | Average Rent |
|---|---|
| Indianapolis | $1,250 |
| Fort Wayne | $1,148 |
| Greenwood | $1,330 |
| New Albany | $1,092 |
| Bloomington | $1,634 |
| Noblesville | $1,549 |
| South Bend | $1,298 |
| Lafayette | $1,132 |
| Jeffersonville | $1,208 |
| Carmel | $1,627 |
| Hammond | $1,159 |
| Lawrence | $1,206 |
| Fishers | $1,594 |
| Plainfield | $1,519 |
| Avon | $1,513 |
| Camby | $1,461 |
| Greenfield | $1,333 |
| Westfield | $1,669 |
| Whitestown | $1,715 |
| Franklin | $1,407 |
| Brownsburg | $1,503 |
Most Popular Apartments in Indianapolis
7 Pointe Apartments
4724 Round Lake Rd, Indianapolis, IN 46205| 1 BED | $949+ |
| 2 BEDS | $1,089+ |
| 3 BEDS | $1,299+ |
220 Meridian
220 N. Meridian St., Indianapolis, IN 46204| STUDIO | $1,860+ |
| 1 BED | $1,922+ |
| 2+ BEDS | $3,425+ |
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CityView On Meridian
3801 N. Meridian St, Indianapolis, IN 46208| 1 BED | $999+ |
| 2 BEDS | $1,667+ |
| 3 BEDS | $1,921+ |
Summit At Keystone
6630 Glenbrook Drive, Indianapolis, IN 46220| 1 BED | $984+ |
| 2 BEDS | $1,147+ |
| 3 BEDS | N/A |