McCordsville, IN Rental Market Trends
Highlights
The average rent for an apartment in McCordsville is $1,014, a 7% increase compared to the previous year, when the average rent was $952.
Average Rent in McCordsville, IN
| Average Rent | Y-o-Y Change | Average Apartment Size |
|---|---|---|
| $1,014 | 7% | 1,038 sq. ft. |
The average size for a McCordsville, IN apartment is 1,038 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.
McCordsville, IN Apartment Rent Ranges
- $701-$1,00042%
- $1,001-$1,50058%
McCordsville, IN Occupied Housing Units
- Renter-occupied Households19%
- Owner-occupied Households80%
427 or 19% of the households in McCordsville, IN are renter-occupied while 1,810 or 80% are owner-occupied.
McCordsville, IN Rent Trends
| Average Rent | Mar / 2017 | Jul / 2017 | Nov / 2017 | Mar / 2018 | Jul / 2018 | Nov / 2018 | Mar / 2019 | Jul / 2019 | Nov / 2019 | May / 2020 |
|---|---|---|---|---|---|---|---|---|---|---|
| McCordsville, IN | $872 | $910 | $941 | $939 | $939 | $961 | $952 | $958 | $1,017 | $1,014 |
| National | $1,337 | $1,368 | $1,371 | $1,374 | $1,408 | $1,417 | $1,422 | $1,458 | $1,466 | $1,468 |
How McCordsville Compares to Other Cities
| Average Rent | Y-o-Y Change | |
|---|---|---|
| Indianapolis | $902 | 5% |
| Bloomington | $1,126 | 2% |
| Greenwood | $871 | 5% |
| Fort Wayne | $802 | 6% |
| Lawrence | $770 | 10% |
| Carmel | $1,178 | 6% |
| Fishers | $1,168 | 7% |
| Noblesville | $1,058 | 6% |
| Anderson | $715 | 4% |
| Speedway | $772 | 5% |
| McCordsville | $1,014 | 7% |
For more information about the McCordsville rental trends, check out our monthly rent report
Check out Indiana Cities, Indiana Neighborhoods and Indiana Zip Codes for more details on verified listings, including the Indiana Average Rent.
Curious about listings in your area? Check out our apartments near you for more details!