Indianapolis, IN rental market
Last updated August 29, 2025
Rental market summary
The average rent for all bedrooms and all property types in Indianapolis, IN is $1,538.
$1,538
+$38
+$38
2,547
Source: Zillow Rentals data
Rental price range
The price range for all bedrooms and all property types is $325 to $10,500.
| Rent price | Number of rental properties |
|---|---|
| $0 | 7 |
| $500 | 9 |
| $600 | 49 |
| $700 | 81 |
| $800 | 158 |
| $900 | 188 |
| $1,000 | 160 |
| $1,100 | 180 |
| $1,200 | 216 |
| $1,300 | 220 |
| $1,400 | 198 |
| $1,500 | 225 |
| $1,600 | 179 |
| $1,700 | 219 |
| $1,800 | 192 |
| $1,900 | 160 |
| $2,000 | 107 |
| $2,100 | 112 |
| $2,200 | 83 |
| $2,300 | 51 |
| $2,400 | 71 |
| $2,500 | 60 |
| $2,600 | 30 |
| $2,700 | 25 |
| $2,800 | 18 |
| $2,900 | 34 |
| $3,000 | 20 |
| $3,100 | 18 |
| $3,200 | 11 |
| $3,300 | 2 |
| $3,400 | 8 |
| $3,500 | 12 |
| $3,600 | 3 |
| $3,700 | 8 |
| $3,800 | 7 |
| $3,900 | 5 |
| $4,000 | 2 |
| $4,100 | 3 |
| $4,200 | 2 |
| $4,300 | 1 |
| $4,400 | 2 |
| $4,500 | 1 |
| $4,600 | 1 |
| $4,700 | 3 |
| $4,800 | 3 |
| $4,900 | 2 |
| $5,000+ | 19 |
Average rent price over time
In the last year, rent has increased by $38 compared to the previous year.
| Last year (2024) | This year (2025) | |
|---|---|---|
| Jan | $1,325 | $1,400 |
| Feb | $1,350 | $1,400 |
| Mar | $1,375 | $1,450 |
| Apr | $1,390 | $1,499 |
| May | $1,420 | $1,506 |
| Jun | $1,420 | $1,533 |
| Jul | $1,500 | $1,549 |
| Aug | $1,500 | $1,507 |
| Sep | $1,500 | No data |
| Oct | $1,479 | No data |
| Nov | $1,450 | No data |
| Dec | $1,450 | 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 27% lower than the national average.
$1,538
$2,100
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Frequently asked questions
1. What is the average rent in Indianapolis, IN?
The average rent in Indianapolis, IN is $1,538.
2. How much does it cost to rent a house in Indianapolis, IN?
Houses in Indianapolis, IN rent between $325 - $10,500 with an average rent of $1,538.
3. How has the rent in Indianapolis, IN changed in the last year?
In the last year, the rent in Indianapolis, IN increased by $38
4. How much has the rent in Indianapolis, IN increased/decreased in the last month?
In the last month, the rent in Indianapolis, IN increased by $38
5. How many available rentals are there in Indianapolis, IN?
There are currently 2,547 rentals available in Indianapolis, IN.
6. How do rent prices in Indianapolis, IN compare with the national average?
The average rent in Indianapolis, IN is $1,538 — 26.76% lower the national average of $2,100.