Apartments in Beech Grove

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2
$995 - 999
240 Grovewood Pl Beech Grove, IN
1 - 2 BR | Available Now
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Dog Friendly
Cat Friendly
Storage
Disability Access
Dishwasher
17
$945 - 1,585
147 Diplomat Court Beech Grove, IN
1 - 4 BR | Available Now
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Dog Friendly
Cat Friendly
Air Conditioning
Balcony/Deck/Patio
Fitness Center
1
$750
1819 Main St Beech Grove, IN
1 BR | Ask for Availability
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Air Conditioning
3
$1,025
255 S 9th Ave Beech Grove, IN
2 BR | Ask for Availability
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How much does it cost to rent an apartment in Beech Grove?

Beech Grove Apartments
Bed Type Average Rent Range
1BR $1,000 $750 - $1,000
2BR $1,040 $1,000 - $1,100
3BR $1,470 $1,450 - $1,490
4+BR $1,590 $1,590 - $1,590

Search Cities Near Beech Grove, IN

Beech Grove:
May Rent Report

Welcome to the May 2024 Beech Grove Apartment Report. In this assessment of the local rental market, Rentable data scientists and rental experts break down the May 2024 key findings and figures for the Beech Grove rental landscape.

Our experts analyze the pricing trends — one-bedroom, two-bedroom, year-over-year and month-over-month — in Beech Grove and surrounding areas and provide comparisons to the entire metro area, nearby cities and some of the most desirable and expensive cities in the United States. Take a look at the last 12 months of Beech Grove average rent prices in the chart below.

Monthly Rent Report

$1,150
$860
$580
$290
$0
Jun. 2023
Jul. 2023
Aug. 2023
Sep. 2023
Oct. 2023
Nov. 2023
Dec. 2023
Jan. 2024
Feb. 2024
Mar. 2024
Apr. 2024
May. 2024
1 BR       2 BR

Beech Grove Rent Prices Increase From April to May

Beech Grove rent prices increased over the last month. From April to May, the city experienced a 3.3% increase for the price of a one-bedroom apartment. The rent price for a Beech Grove one-bedroom apartments currently stands at $969.0.

When we take a look at the two-bedroom comparison from April to May, Beech Grove experienced a -0.47% decrease for the price of a two-bedroom apartment. The rent price for a Beech Grove two-bedroom apartments currently stands at $1,070.0.

May Prices: Beech Grove vs. Surrounding Areas

Rent Prices in Beech Grove and Surrounding Areas

Rent prices have increased in Beech Grove over the last month. But how have the surrounding areas fared when it comes to the recent volatility in apartment prices? Rent prices in 0 of the Beech Grove suburbs increased last month. On the other hand, 0 local areas experienced a decrease in the price of a one-bedroom apartment.

More key findings include:

  • Rents did not increase in any of the Beech Grove suburbs

  • Rents did not decrease in any of the Beech Grove suburbs.

May 2024 Pricing Trends: Beech Grove vs. National Comparisons

New York, NY
San Francisco, CA
Washington, DC
Los Angeles, CA
Chicago, IL
Columbus, OH
Minneapolis, MN
Pittsburgh, PA
$4,056
$3,039
$2,377
$2,336
$1,913
$1,300
$1,283
$1,178
$0
$1,350
$2,700
$4,050
$5,400
Median Rent

Beech Grove Rent Prices More Affordable Than Major Cities

Rent growth in Beech Grove over the past year has been on the rise. When compared to major cities nearby, along with some of the most expensive cities in the country, Beech Grove average rent prices appear to be relatively affordable for local residents.

The price for a Beech Grove one-bedroom apartment remains vastly more affordable than four of the largest cities in the United States — New York City, Washington, D.C. San Francisco and Los Angeles. And pricing compares quite similarly to nearby Midwest cities.

For more information about Beech Grove and surrounding area rent prices, take a look at the complete data set below.

Data set for Beech Grove and suburbs

1 BR May 1 BR M/M % Change 2 BR May 2 BR M/M % Change

Methodology

Each month, using over 1 million Rentable listings across the United States, we calculate the median 1-bedroom and 2-bedroom rent prices by city, state, and nation, and track the month-over-month percent change. To avoid small sample sizes, we restrict the analysis for our reports to cities meeting minimum population and property count thresholds.