Noblesville, IN Rental Market Trends
Last updated: October 19, 2025 | Source: RentCafe Market Analysis, Yardi Matrix, U.S. Census Bureau
Highlights
The average rent for an apartment in Noblesville is $1,566, a 0.08% increase compared to the previous year, when the average rent was $1,565.
Studio Apartments at $1,342 offer the most budget-friendly option with 581 square feet, ideal for single renters prioritizing location over space.
One-bedroom apartments provide 779 square feet for $1,363, balancing privacy and affordability.
Two-beedroom units at $1,626 offer 1,084 square feet, perfect for roommates or small families.
Three-bedroom apartments deliver maximum space (1,326 sq ft) for $1,858, suitable for larger households.
Average rent in Noblesville, IN
| Average Rent | Average Apartment Size | |
|---|---|---|
| All Rentals | $1,566 | 1,009 sq. ft. |
| Studio | $1,342 | 581 sq. ft. |
| 1 Bed | $1,363 | 779 sq. ft. |
| 2 Beds | $1,626 | 1,084 sq. ft. |
| 3 Beds | $1,858 | 1,326 sq. ft. |
Noblesville, IN rent trends
Rental prices in Noblesville, IN have increased by 0.08% over the past year. The average rent moved from $1,565 to $1,566.
What's the typical rent budget in Noblesville, IN?
The largest share of rentals in Noblesville, IN (50%) fall between $1,001-$1,500 per month. This suggests that most people succesfully find suitable apartments within this price.
Do most people rent or own in Noblesville, IN?
7,252 or 28% of the households in Noblesville, IN are renter-occupied while 19,102 or 72% are owner-occupied.
How Noblesville Compares to Other Cities
| City | Average Rent |
|---|---|
| Noblesville | $1,566 |
| Indianapolis | $1,253 |
| Evansville | $1,016 |
| Fort Wayne | $1,143 |
| Bloomington | $1,579 |
| New Albany | $1,106 |
| Hammond | $1,235 |
| Lafayette | $1,174 |
| South Bend | $1,310 |
| Jeffersonville | $1,231 |
| Greenwood | $1,358 |
| Fishers | $1,633 |
| Lawrence | $1,195 |
| Carmel | $1,645 |
| Kokomo | $1,015 |
| Muncie | $1,193 |
| Westfield, IN | $1,611 |
| Avon, IN | $1,548 |
| Brownsburg, IN | $1,605 |
| Anderson, IN | $1,065 |
| Lebanon, IN | $1,314 |
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 Noblesville 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.