To calculate the apartment rental trends in each city or neighborhood, ApartmentAdvisor evaluates thousands of available apartment listings in a given market and updates this information daily.
What is the average rent in Indianapolis?
The average rent of a studio apartment in Indianapolis, IN is $922. The average rent of a 1-bedroom in Indianapolis, IN is $900. The average rent of a 2-bedroom in Indianapolis, IN is $1,197. The average rent of a 3-bedroom in Indianapolis, IN is $1,599.
Note: We calculate "average" rent as the median, or midpoint, to eliminate any skew from extremely high-priced or low-priced units.
Rent Prices Over Time in Indianapolis
- Indianapolis
- National
Apartment Rent Ranges in Indianapolis
The monthly rent for apartments in Indianapolis, IN ranges from $500 to $2,100+.
$500 - $900
$900 - $1,300
$1,300 - $1,700
$1,700 - $2,100
$2,100+
What is the average apartment size in Indianapolis?
The average size of a Indianapolis, IN apartment is 1022 square feet, while the median apartment size for Indianapolis, IN is 950 square feet. However, square footage varies based on unit type. Most rentals in Indianapolis, IN (33.46%) are 3+ bedroom apartments, while the fewest (4.13%) are studio apartments. Meanwhile, 2 bedroom apartments account for 32.69%, and 1 bedroom apartments make up 29.72%.
Studio
One bedroom
Two bedrooms
Three+ bedrooms
What is the average rent for various neighborhoods in Indianapolis?
Studio | 1 bed | 2 beds | 3+ beds | |
---|---|---|---|---|
Fountain Square | * | $850 | $1,800 | $2,100 |
Irvington | $595 | $944 | $975 | * |
Mapleton - Fall Creek | * | $804 | * | $1,325 |
Meridian Kessler | * | * | $1,300 | $1,773 |
Note: We calculate "average" rent as the median, or midpoint, to eliminate any skew from extremely high-priced or low-priced units.
* Insufficient data to calculate value
Nearby cities
Berwyn Apartments
33 apartments starting at $950/month
Chicago Apartments
6,210 apartments starting at $575/month
Cicero Apartments
21 apartments starting at $820/month
East Chicago Apartments
31 apartments starting at $700/month
Evanston Apartments
208 apartments starting at $1,060/month
Oak Park Apartments
96 apartments starting at $950/month
Park Ridge Apartments
23 apartments starting at $1,200/month
Skokie Apartments
44 apartments starting at $1,350/month
Popular metro areas
Chicago Metro Apartments
7,308 apartments starting at $575/month
Milwaukee Metro Apartments
2,124 apartments starting at $500/month
Pittsburgh Metro Apartments
1,911 apartments starting at $400/month