What's the average rent in Indianapolis, IN?

Rental Market Trends in Indianapolis, IN

Search for Apartments in Indianapolis, IN

SOURCE: TRULIA DATA

Rental market highlights

As of October 2026, the average rent in Indianapolis, IN is $1,500 per month, which is 23% lower than the national average rent of $1,948 per month.

AVERAGE RENT

$1,500

0.0%No change month over month

0.0%No change year over year

AVAILABLE RENTALS

2,643

APARTMENTS

$1,173

HOUSES

$1,770

TOWNHOUSES

$1,500

As of October 2026, apartments are the most affordable rental option in Indianapolis, IN at $1,173 per month, while houses are the most expensive at $1,770 per month. Townhomes average $1,500 per month, offering a mid-range alternative for renters.

Average rent by number of bedrooms

Floor plan type	Average rent
1 Bedroom	$1,021
2 Bedrooms	$1,306
3 Bedrooms	$1,725
4 Bedrooms	$2,002
All	$1,500

As of October 2026, the average rent for a 1 bedroom rental in Indianapolis, IN is $1,021 per month, followed by $1,306 for a 2 bedroom rental, $1,725 for a 3 bedroom rental, and $2,002 for a 4 bedroom rental.

Floor plan type	Average rent
1 Bedroom	$900
2 Bedrooms	$1,400
3 Bedrooms	$1,695
4 Bedrooms	$2,095
All	$1,500

As of October 2026, the average rent for a 1 bedroom townhome in Indianapolis, IN is $900 per month, followed by $1,400 for a 2 bedroom townhome, $1,695 for a 3 bedroom townhome, and $2,095 for a 4 bedroom townhome.

Floor plan type	Average rent
1 Bedroom	$950
2 Bedrooms	$1,400
3 Bedrooms	$1,649
4 Bedrooms	$1,800
All	$1,300

As of October 2026, the average rent for a 1 bedroom apartment in Indianapolis, IN is $950 per month, followed by $1,400 for a 2 bedroom apartment, $1,649 for a 3 bedroom apartment, and $1,800 for a 4 bedroom apartment.

Floor plan type	Average rent
1 Bedroom	$850
2 Bedrooms	$1,275
3 Bedrooms	$1,775
4 Bedrooms	$2,065
All	$1,770

As of October 2026, the average rent for a 1 bedroom house in Indianapolis, IN is $850 per month, followed by $1,275 for a 2 bedroom house, $1,775 for a 3 bedroom house, and $2,065 for a 4 bedroom house.