Renters paid about 1,219 U.S. dollars in Indianapolis, Indiana, for one- and two-bedroom apartments at the end of 2023. The median rent increased by 14 percent between June 2021 and June 2022, and by 3.5 percent in the following year. Among the different states in the U.S., Indiana ranks as one of the least expensive rental markets in 2023.
Monthly rent for an apartment and annual rental growth in Indianapolis, Indiana, from January 2018 to December 2023
(in U.S. dollars)
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Annual change
Average rent
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Apartment List. (February 13, 2024). Monthly rent for an apartment and annual rental growth in Indianapolis, Indiana, from January 2018 to December 2023 (in U.S. dollars) [Graph]. In Statista. Retrieved August 24, 2024, from https://www.statista.com/statistics/1365472/apartment-rent-and-rental-growth-indianapolis/
Apartment List. "Monthly rent for an apartment and annual rental growth in Indianapolis, Indiana, from January 2018 to December 2023 (in U.S. dollars)." Chart. February 13, 2024. Statista. Accessed August 24, 2024. https://www.statista.com/statistics/1365472/apartment-rent-and-rental-growth-indianapolis/
Apartment List. (2024). Monthly rent for an apartment and annual rental growth in Indianapolis, Indiana, from January 2018 to December 2023 (in U.S. dollars). Statista. Statista Inc.. Accessed: August 24, 2024. https://www.statista.com/statistics/1365472/apartment-rent-and-rental-growth-indianapolis/
Apartment List. "Monthly Rent for An Apartment and Annual Rental Growth in Indianapolis, Indiana, from January 2018 to December 2023 (in U.S. Dollars)." Statista, Statista Inc., 13 Feb 2024, https://www.statista.com/statistics/1365472/apartment-rent-and-rental-growth-indianapolis/
Apartment List, Monthly rent for an apartment and annual rental growth in Indianapolis, Indiana, from January 2018 to December 2023 (in U.S. dollars) Statista, https://www.statista.com/statistics/1365472/apartment-rent-and-rental-growth-indianapolis/ (last visited August 24, 2024)
Monthly rent for an apartment and annual rental growth in Indianapolis, Indiana, from January 2018 to December 2023 (in U.S. dollars) [Graph], Apartment List, February 13, 2024. [Online]. Available: https://www.statista.com/statistics/1365472/apartment-rent-and-rental-growth-indianapolis/