Lowell, IN Rental Market Trends
What is the average rent in Lowell?
The average rent for an apartment in Lowell is $1,224, a 9% increase compared to the previous year, when the average rent was $1,124.
Average Rent in Lowell, IN
|Average Rent||Y-o-Y Change||Average Apartment Size|
|$1,224||9%||1,046 sq. ft.|
What is the average apartment size in Lowell?
The average size for a Lowell, IN apartment is 1,046 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.
Lowell, IN Occupied Housing Units
- Renter-occupied Households29%
- Owner-occupied Households70%
1,069 or 29% of the households in Lowell, IN are renter-occupied while 2,513 or 70% are owner-occupied.
Lowell, IN Rent Trends
|Mar / 2018||Jul / 2018||Nov / 2018||Mar / 2019||Jul / 2019||Nov / 2019||Mar / 2020||Jul / 2020||Nov / 2020||Apr / 2021|
How Lowell Compares to Other Cities
|Average Rent||Y-o-Y Change|