Selma, IN rental market

What is the average rent in Selma, IN?

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Last updated June 27, 2026

Rental market summary

The average rent for all bedrooms and all property types in Selma, IN is $650.

Average rent

$650

Month-over-month change

+$650

Year-over-year change

-$135

Available rentals

2

Source: Zillow Rentals data

Rental price range

The price range for all bedrooms and all property types is $650 to $765.

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Rent frequencies
Rent priceNumber of rental properties
$6001
$700+1

Average rent price over time

In the last year, rent has decreased by $135 compared to the previous year.

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Average rent price over time
Last year (2025)This year (2026)
Feb$725$625
Mar$725$1,100
Apr$725$1,100
May$785No data
Jun$785No data
Jul$785No data
Aug$785No data
Oct$1,485No data
Nov$1,485No data
Dec$625No data

Compare average rent in markets

Rent in Selma, IN is 68% lower than the national average.

Selma, INvs.

$650

$2,020

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Frequently asked questions

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

The average rent in Selma, IN is $650.

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

The average rent for a studio apartment in Selma, IN is $650 per month.

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

The average rent for a two-bedroom apartment in Selma, IN is $765 per month.

4. How much does it cost to rent a house in Selma, IN?

Houses in Selma, IN rent between $650 - $765 with an average rent of $650.

5. How has the rent in Selma, IN changed in the last year?

In the last year, the rent in Selma, IN decreased by $135

6. How much has the rent in Selma, IN increased/decreased in the last month?

In the last month, the rent in Selma, IN increased by $650

7. How many available rentals are there in Selma, IN?

There are currently 2 rentals available in Selma, IN.

8. How do rent prices in Selma, IN compare with the national average?

The average rent in Selma, IN is $650 — 67.82% lower the national average of $2,020.

Zip codes in Selma, IN

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