Rental market trends for
Indianapolis, IN
The average rent price in Indianapolis was $1,240 last month, up $47 month over month.
Median rent
$1,240
Month-over-month change
+$47
Average rent in Indianapolis
In March 2024, Indianapolis rental prices increased $47 compared to last month.
$1,240
+3.95% month over month
Median rent of neighborhoods in Indianapolis
Neighborhood | Median rent | MoM (% change) |
---|---|---|
Meridian Kessler | $1,695 | +30.38% |
Broad Ripple | $1,825 | +4.29% |
Downtown Indianapolis | $2,200 | +14.58% |
Lanikai Beach | $10,500 | +220.61% |
Butler-Tarkington | $1,600 | +1.59% |
Fountain Square | $1,650 | +3.13% |
Eagle Creek | $1,665 | -2.35% |
Castleton | $1,202 | -10.93% |
North Side Indianapolis | $1,400 | -5.08% |
Last updated: 04/02/2024
Average rent of nearby cities
Here's how Indianapolis's average rent of $1,240 compares to nearby cities.
Last updated: 04/02/2024
More resources for Indianapolis
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Condos for rent in Indianapolis | |||
Houses for rent in Indianapolis | |||
Townhomes for rent in Indianapolis | |||
Apartments for rent in Indianapolis |