Hanover, IN rental market

What is the average rent in Hanover, IN?

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Last updated November 8, 2026

Rental market summary

The average rent for all bedrooms and all property types in Hanover, IN is $1,200.

Average rent

$1,200

Month-over-monthMoM change

+$309

Year-over-yearYoY change

+$323

Available rentals

6

Source: Zillow Rentals data

Rental price range

The price range for all bedrooms and all property types is $850 to $3,000.

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Rent frequencies
Rent priceNumber of rental properties
$8001
$1,0001
$1,1001
$1,2001
$1,8001
$1,9002
$2,0001
$2,9001
$3,000+1

Average rent price over time

In the last year, rent has increased by $323 compared to the previous year.

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Average rent price over time
Last year (2025)This year (2026)
Jan$1,200$878
Feb$1,200$891
Apr$800$1,350
May$878$1,250
Jun$900$891
Jul$878$891
Aug$878$1,800
Sep$878$891
Oct$1,700$1,285
Nov$1,050$891
Dec$925$1,200

Market temperature

The Hanover, IN rental market temperature is COOL. Market temperature is based on changes in renter demand compared to the national average. For example, a hot market has increasing demand.

cool

Temperature is based on all bedrooms and all property types.

Compare average rent in markets

Rent in Hanover, IN is 40% lower than the national average.

Hanover, INvs.
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$1,200

$1,999

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Frequently asked questions

1. What is the average rent in Hanover, IN?

The average rent in Hanover, IN is $1,200.

2. What is the average rent for a studio apartment in Hanover, IN?

The average rent for a studio apartment in Hanover, IN is $850 per month.

3. What is the average rent for a one-bedroom apartment in Hanover, IN?

The average rent for a one-bedroom apartment in Hanover, IN is $1,050 per month.

4. What is the average rent for a two-bedroom apartment in Hanover, IN?

The average rent for a two-bedroom apartment in Hanover, IN is $905 per month.

5. What is the average rent for a three-bedroom apartment in Hanover, IN?

The average rent for a three-bedroom apartment in Hanover, IN is $1,900 per month.

6. What is the average rent for a four-bedroom apartment in Hanover, IN?

The average rent for a four-bedroom apartment in Hanover, IN is $3,000 per month.

7. How much does it cost to rent a house in Hanover, IN?

Houses in Hanover, IN rent between $850 - $3,000 with an average rent of $1,200.

8. How has the rent in Hanover, IN changed in the last year?

In the last year, the rent in Hanover, IN increased by $323

9. How much has the rent in Hanover, IN increased/decreased in the last month?

In the last month, the rent in Hanover, IN increased by $309

10. How many available rentals are there in Hanover, IN?

There are currently 6 rentals available in Hanover, IN.

11. How do rent prices in Hanover, IN compare with the national average?

The average rent in Hanover, IN is $1,200 — 39.97% lower the national average of $1,999.

Nearby areas

Zip codes in Hanover, IN

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