The Villages, Indianapolis, IN Rental Market Trends
Last updated: May 25, 2026 | Source: RentCafe Market Analysis, Yardi Matrix, U.S. Census Bureau
Most affordable neighborhoods in The Villages?
Crown Hill $792/month
University Heights $905/month
Carson Heights $955/month
All of these neighborhoods fall below the city wide average of /month.Most expensive neighborhoods in The Villages?
Sycamore Run $1,677/month
Cole Noble $1,749/month
North Meridian $1,873/month
These neighborhoods typically command higher rents due to location, amenities, and demand.Average Rent in Indianapolis, IN By Neighborhood
| Neighborhood | Average Rent |
|---|---|
| North Meridian | $1,873 |
| Cole Noble | $1,749 |
| Sycamore Run | $1,677 |
| Clermont Lakes | $1,637 |
| Wholesale District | $1,634 |
| Chatham Arch and Mass Avenue | $1,624 |
| Fountain Square | $1,621 |
| Meridian - Kessler | $1,602 |
| Herron - Morton Place | $1,592 |
| The Canal and White River State Park | $1,581 |
| Fletcher Place | $1,581 |
| St. Joseph | $1,549 |
| North Harrison Park | $1,478 |
| Reagan Park | $1,470 |
| Broad Ripple | $1,459 |
| Keystone at The Crossing | $1,459 |
| College Park | $1,448 |
| Mapleton - Fall Creek | $1,414 |
| Fairgrounds | $1,394 |
| Bayswater - Eagles Watch | $1,388 |
| Chapel Hill | $1,383 |
| Southern Springs | $1,374 |
| Valley Mills | $1,348 |
| Castleton | $1,346 |
| Delaware Trails | $1,340 |
| Summerfield Place | $1,329 |
| North Willow | $1,326 |
| The Park at Buffalo Creek | $1,320 |
| Sherman Commons | $1,317 |
| Crooked Creek Heights | $1,298 |
| Briarstone Villas | $1,291 |
| Castle Ridge | $1,282 |
| Shadow Wood South | $1,273 |
| Parkwood Terrace | $1,264 |
| Marian - Cold Springs | $1,256 |
| Willow Lakes | $1,230 |
| Lake Maxinhall Estates | $1,218 |
| Ivy Hills | $1,212 |
| Allisonville | $1,210 |
| Tempo North | $1,201 |
| East Avalon Hills | $1,192 |
| Liberty Creek | $1,189 |
| Speedway Woods | $1,187 |
| Wedgewood | $1,184 |
| Central Nora | $1,183 |
| Eagle Cove | $1,176 |
| Westchester Estates | $1,175 |
| The Highlands | $1,172 |
| Mars Hill | $1,161 |
| Sheffield Woods | $1,160 |
| Mount Auburn | $1,145 |
| Winchester Village | $1,140 |
| The Islands | $1,133 |
| Park Valley Estates | $1,121 |
| Eagledale | $1,093 |
| Crooked Creek | $1,092 |
| Arlington Woods | $1,091 |
| Eastbrooke Meadows | $1,086 |
| North Perry | $1,083 |
| Devington | $1,079 |
| New Augusta Woods | $1,076 |
| Deer Creek | $1,067 |
| West Edgewood | $1,060 |
| The Old Northside | $1,050 |
| Parc Estates | $1,032 |
| Irvington | $1,016 |
| Otterbein | $1,006 |
| Arlington Heights | $970 |
| Meadows - Fall Creek | $962 |
| Carson Heights | $955 |
| University Heights | $905 |
| Crown Hill | $792 |
Indianapolis | Rent Comparison by Neighborhood
Rent in Allisonville is 25% higher than in Arlington Heights
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 The Villages 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.