Rental market snapshot for Indianapolis (balance), Indiana

Indianapolis (balance), Indiana Rental Property Market Overview

Indianapolis (balance), Indiana is the most populous city in the state, with an estimated population of 898,788 in 2021, according to the US Census. It is the state capital and the county seat of Marion County. The city is home to a diverse range of industries, including finance, healthcare, manufacturing, and education. It is also home to a variety of cultural attractions, including the Indianapolis Museum of Art, the Indianapolis Zoo, and the Indianapolis Motor Speedway. Indianapolis is a vibrant city with a rich history and a bright future.

The average rent for an apartment in Indianapolis (balance) is $1,616. The cost of rent varies depending on several factors, including location, size, and quality.

The average rent has decreased by 0.00% over the past year.

Last Updated March 25, 2024

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Average monthly rent graph in Indianapolis (balance) Indiana | Cost of Living

  • The most expensive ZIP code in Indianapolis (balance) is 46075 with an average price of $2,034.
  • The cheapest ZIP code in Indianapolis (balance) is 46222 with an average price of $1,084.

Indianapolis (balance) ZIP codes with the highest, most expensive rent

#ZIP CodeAverage Rent
146075$2,034
246278$2,033
346204$1,874
446231$1,810
546228$1,808
646259$1,790
746268$1,756
846239$1,752
946236$1,740
1046052$1,735

Live near Indianapolis (balance), Indiana's Top Sights and Attractions

Uh-oh! Looks like we don't have any data on tourist attractions in Indianapolis (balance), Indiana, looks like it is up to you to find something fun to do.

Indianapolis (balance), Indiana area median rent change by ZIP code map

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How does Indianapolis (balance) compare to other cities in Indiana?

citymedian price
Westfield$1,970
Brownsburg$1,790
Ingalls$1,660
Indianapolis (balance)$1,649
Lafayette$1,200
New Albany$1,195
Crawfordsville$949

Average household income in Indianapolis (balance) area graph - US Census

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Neighborhoods in Indianapolis (balance)

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Frequently asked questions

Our data is best categorized as "alternative data", which is a burgeoning sector. Through partnerships and direct feeds, we extract key factual elements that are publicly available within rental listings on internet listing sites and property websites. Once aggregated, we mine through the data to parse out relevant insights and calculate important metrics, benchmarks, and other KPIs. Each week, our system sifts through millions of listing observations and other pockets of market information to deliver the most comprehensive picture of rental housing available.

This is a metric that we try not to overthink. Simply, we take each unique listing observation within a geographic boundary and calculate a simple average. Of course, we're careful to filter for duplicates and other listings that aren't reflective of the market.

Yes, but please attribute us accordingly.

Yes. We can deliver bulk raw data in various formats. Please contact us to discuss - [email protected]

While some of our data is refreshed daily and other data comes in weekly, the bulk of it comes in on a biweekly basis.

Our coverage is nationwide! In our platform, we have data points for every ZIP code and neighborhood boundary in the country.

Every rental housing unit is differentiated by attributes such as its location, square footage, and amenity composition. Thanks to machine learning and natural language processing technologies we deploy, we're able to deconstruct our rental listing data points and identify key amenities for each listing. With this information, we're able to give signals around how certain amenities drive rental pricing value in certain areas.

Well, we think so! At the highest level, our process is simple. Listings data is ingested, cleaned (de-duplicated. etc.), analyzed for insights, and then presented to our users.

As of February , the average rent in Indianapolis (balance) is $1,616.
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