Indianapolis, IN rental market
What is the average rent in Indianapolis, IN?
Last updated June 23, 2026
Rental market summary
The average rent for all bedrooms and all property types in Indianapolis, IN is $1,500.
Average rent
$1,500
Month-over-month change
$0
Year-over-year change
-$50
Available rentals
2,280
Source: Zillow Rentals data
Rental price range
The price range for all bedrooms and all property types is $310 to $21,838.
| Rent price | Number of rental properties |
|---|---|
| $0 | 10 |
| $500 | 7 |
| $600 | 27 |
| $700 | 89 |
| $800 | 122 |
| $900 | 169 |
| $1,000 | 168 |
| $1,100 | 207 |
| $1,200 | 204 |
| $1,300 | 205 |
| $1,400 | 196 |
| $1,500 | 172 |
| $1,600 | 144 |
| $1,700 | 155 |
| $1,800 | 153 |
| $1,900 | 142 |
| $2,000 | 115 |
| $2,100 | 82 |
| $2,200 | 76 |
| $2,300 | 61 |
| $2,400 | 71 |
| $2,500 | 41 |
| $2,600 | 26 |
| $2,700 | 20 |
| $2,800 | 17 |
| $2,900 | 16 |
| $3,000 | 16 |
| $3,100 | 18 |
| $3,200 | 15 |
| $3,300 | 6 |
| $3,400 | 10 |
| $3,500 | 9 |
| $3,600 | 2 |
| $3,700 | 3 |
| $3,800 | 3 |
| $3,900 | 6 |
| $4,000 | 6 |
| $4,100 | 6 |
| $4,200 | 3 |
| $4,300 | 2 |
| $4,600 | 1 |
| $4,700 | 4 |
| $4,800 | 2 |
| $4,900 | 2 |
| $5,000+ | 26 |
Average rent price over time
In the last year, rent has decreased by $50 compared to the previous year.
| Last year (2025) | This year (2026) | |
|---|---|---|
| Jan | $1,400 | $1,480 |
| Feb | $1,400 | $1,472 |
| Mar | $1,450 | $1,490 |
| Apr | $1,499 | $1,500 |
| May | $1,506 | $1,500 |
| Jun | $1,533 | $1,500 |
| Jul | $1,549 | No data |
| Aug | $1,507 | No data |
| Sep | $1,525 | No data |
| Oct | $1,500 | No data |
| Nov | $1,499 | No data |
| Dec | $1,475 | No data |
Market temperature
The Indianapolis, 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.
Temperature is based on all bedrooms and all property types.
Compare average rent in markets
Rent in Indianapolis, IN is 25% lower than the national average.
$1,500
$2,009
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Frequently asked questions
1. What is the average rent in Indianapolis, IN?
2. What is the average rent for a studio apartment in Indianapolis, IN?
3. What is the average rent for a one-bedroom apartment in Indianapolis, IN?
4. What is the average rent for a two-bedroom apartment in Indianapolis, IN?
5. What is the average rent for a three-bedroom apartment in Indianapolis, IN?
6. What is the average rent for a four-bedroom apartment in Indianapolis, IN?
7. How much does it cost to rent a house in Indianapolis, IN?
8. How has the rent in Indianapolis, IN changed in the last year?
9. How much has the rent in Indianapolis, IN increased/decreased in the last month?
10. How many available rentals are there in Indianapolis, IN?
11. How do rent prices in Indianapolis, IN compare with the national average?
Nearby areas
