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8046 Fisher Bend Drive Indianapolis In
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5607 Rains Lane Indianapolis In
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6658 Black Antler Circle Indianapolis In
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6367 River Run Drive Indianapolis In
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4132 Denali Ct Indianapolis In
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1353 Lake Meadow Drive Indianapolis In
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10738 Tedder Lake Dr Indianapolis In
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1218 Country Ridge Lane Indianapolis In
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7210 Kimble Drive Indianapolis In
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3357 Summer Breeze Circle Indianapolis In
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6439 Calabash Place Indianapolis In
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4918 Pembridge Drive Indianapolis In
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7958 States Bend Drive Indianapolis In
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6623 Coppel Court Indianapolis In
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10160 Split Rock Way Indianapolis In
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5146 Melville Way Indianapolis In
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4349 Trace Wood Court Indianapolis In
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8249 Spring Wind Drive Indianapolis In
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2508 Redland Lane Indianapolis In
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2437 Wigeon Court Indianapolis In
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2731 Addison Meadows Lane Indianapolis In
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6219 Monteo Lane Indianapolis In
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6353 Avacado Drive Indianapolis In
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6642 Southern Ridge Drive Indianapolis In
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6813 Kentland Drive Indianapolis In
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2302 Layton Park Drive Indianapolis In
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8534 Bravestone Way Indianapolis In
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2803 Redland Lane Indianapolis In
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7206 Bent Timber Court Indianapolis In
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7313 Wellwood Drive Indianapolis In
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Houses for Rent in Indianapolis, IN

1 of 248 Results
1
3D Tour
$1,689
8046 Fisher Bend Drive Indianapolis In
8046 Fisher Bend Drive Indianapolis, IN
4 BR | Ask for Availability
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Dishwasher
1
3D Tour
$1,699
5607 Rains Lane Indianapolis In
5607 Rains Lane Indianapolis, IN
3 BR | Ask for Availability
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Dog Friendly
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Dishwasher
Fireplace
1
3D Tour
$1,629
6658 Black Antler Circle Indianapolis In
6658 Black Antler Circle Indianapolis, IN
3 BR | Available Now
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1
3D Tour
$1,499
6367 River Run Drive Indianapolis In
6367 River Run Drive Indianapolis, IN
3 BR | Available Now
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1
3D Tour
$1,569
4132 Denali Ct Indianapolis In
4132 Denali Court Indianapolis, IN
3 BR | Ask for Availability
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1
3D Tour
$1,639
1353 Lake Meadow Drive Indianapolis In
1353 Lake Meadow Drive Indianapolis, IN
3 BR | Ask for Availability
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1
3D Tour
$1,529
10738 Tedder Lake Dr Indianapolis In
10738 Tedder Lake Drive Indianapolis, IN
3 BR | Ask for Availability
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1
3D Tour
$1,759
1218 Country Ridge Lane Indianapolis In
1218 Country Ridge Lane Indianapolis, IN
3 BR | Available Now
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1
3D Tour
$1,599
7210 Kimble Drive Indianapolis In
7210 Kimble Drive Indianapolis, IN
3 BR | Ask for Availability
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1
3D Tour
$1,619
3357 Summer Breeze Circle Indianapolis In
3357 Summer Breeze Circle Indianapolis, IN
3 BR | Ask for Availability
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1
3D Tour
$1,949
6439 Calabash Place Indianapolis In
6439 Calabash Place Indianapolis, IN
4 BR | Available Now
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1
3D Tour
$1,639
4918 Pembridge Drive Indianapolis In
4918 Pembridge Drive Indianapolis, IN
3 BR | Ask for Availability
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1
3D Tour
$1,479
7958 States Bend Drive Indianapolis In
7958 States Bend Drive Indianapolis, IN
3 BR | Ask for Availability
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1
3D Tour
$2,088
6623 Coppel Court Indianapolis In
6623 Coppel Court Indianapolis, IN
3 BR | Ask for Availability
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1
3D Tour
$1,819
10160 Split Rock Way Indianapolis In
10160 Split Rock Way Indianapolis, IN
3 BR | Ask for Availability
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1
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$1,819
5146 Melville Way Indianapolis In
5146 Melville Way Indianapolis, IN
4 BR | Ask for Availability
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1
3D Tour
$1,519
4349 Trace Wood Court Indianapolis In
4349 Trace Wood Court Indianapolis, IN
3 BR | Ask for Availability
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1
3D Tour
$1,829
8249 Spring Wind Drive Indianapolis In
8249 Spring Wind Drive Indianapolis, IN
4 BR | Ask for Availability
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1
3D Tour
$1,619
2508 Redland Lane Indianapolis In
2508 Redland Lane Indianapolis, IN
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1
3D Tour
$1,769
2437 Wigeon Court Indianapolis In
2437 Wigeon Court Indianapolis, IN
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1
3D Tour
$1,619
2731 Addison Meadows Lane Indianapolis In
2731 Addison Meadows Lane Indianapolis, IN
4 BR | Ask for Availability
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1
3D Tour
$1,649
6219 Monteo Lane Indianapolis In
6238 Monteo Lane Indianapolis, IN
3 BR | Ask for Availability
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3D Tour
$1,679
6353 Avacado Drive Indianapolis In
6353 Avacado Drive Indianapolis, IN
3 BR | Ask for Availability
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1
3D Tour
$1,829
6642 Southern Ridge Drive Indianapolis In
6642 Southern Ridge Drive Indianapolis, IN
3 BR | Ask for Availability
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1
3D Tour
$1,819
6813 Kentland Drive Indianapolis In
6813 Kentland Drive Indianapolis, IN
3 BR | Ask for Availability
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1
3D Tour
$1,579
2302 Layton Park Drive Indianapolis In
2302 Layton Park Drive Indianapolis, IN
3 BR | Ask for Availability
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1
3D Tour
$1,799
8534 Bravestone Way Indianapolis In
8534 Bravestone Way Indianapolis, IN
3 BR | Ask for Availability
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1
3D Tour
$1,569
2803 Redland Lane Indianapolis In
2803 Redland Lane Indianapolis, IN
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1
3D Tour
$1,779
7206 Bent Timber Court Indianapolis In
7206 Bent Timber Court Indianapolis, IN
3 BR | Ask for Availability
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1
3D Tour
$1,749
7313 Wellwood Drive Indianapolis In
7313 Wellwood Drive Indianapolis, IN
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1 - 30 of 248 Results
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  2. Indianapolis
  3. Houses For Rent

How much does it cost to rent a house in Indianapolis?

houses
Bed Type Average Rent Range
1BR $680 $630 - $700
2BR $1,050 $700 - $2,320
3BR $1,300 $800 - $1,820
4+BR $1,570 $800 - $3,200
Indianapolis Apartments
Bed Type Average Rent Range
Studio $840 $520 - $1,520
1BR $990 $650 - $1,600
2BR $1,100 $730 - $1,900
3BR $1,400 $820 - $2,370
4+BR $1,530 $830 - $3,200
Indianapolis Houses For Rent vs. Indianapolis Average
Frequently Asked Questions

How many apartments are available in Indianapolis, IN on Rentable.co?

Rentable.co has over 46,561 apartments available in Indianapolis.

What is the average rent for a studio apartment in Indianapolis, IN?

The average rent for a studio apartment in Indianapolis is around $840 per month.

What is the average rent for a one-bedroom apartment in Indianapolis, IN?

The average rent for a one-bedroom apartment in Indianapolis is around $990 per month.

What is the average rent for a two-bedroom apartment in Indianapolis, IN?

The average rent for a two-bedroom apartment in Indianapolis is around $1,100 per month.

How expensive is living in Indianapolis, IN?

Based on average rent prices in Indianapolis, to afford a studio apartment you would need an annual salary of $34,000 to live comfortably.

How many houses are available in Indianapolis, IN on Rentable.co?

Rentable.co has 248 houses available for rent in Indianapolis.

What is the average rent for a house in Indianapolis, IN?

The average rent for a house in Indianapolis is around $1,250 per month.

Which neighborhoods have the most houses for rent in Indianapolis, IN?

  1. Downtown Indianapolis
  2. Kingpark
  3. Martindale
  4. West Indianapolis
  5. Woodruff Place

Asset 2
Apartments by Bedrooms
Studio Apartments
1 Bedroom Apartments
2 Bedroom Apartments
3 Bedroom Apartments
4 Bedroom Apartments
Apartments by Affordability
Cheap Apartments
Apartments Under $500
Apartments Under $600
Apartments Under $700
Apartments Under $800
Apartments Under $900
Apartments Under $1,000
Apartments Under $1,200
Apartments with Amenities
Apartments With Utilities Included
Furnished Apartments
Pet Friendly Apartments
Virtual Tour Apartments
Apartments with Move In Specials
Apartments by Type
Student Apartments
Houses For Rent
Senior Apartments and Housing
Luxury Apartments
Townhomes For Rent
Condos For Rent

Indianapolis:
March Rent Report

Welcome to the March 2023 Indianapolis Apartment Report. In this assessment of the local rental market, Rentable data scientists and rental experts break down the March 2023 key findings and figures for the Indianapolis rental landscape.

Our experts analyze the pricing trends — one-bedroom, two-bedroom, year-over-year and month-over-month — in Indianapolis 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 Indianapolis average rent prices in the chart below.

Monthly Rent Report

Indianapolis Rent Prices Increase From February to March

Indianapolis rent prices increased over the last month. From February to March, the city experienced a 0.21% increase for the price of a one-bedroom apartment. The rent price for a Indianapolis one-bedroom apartments currently stands at $944.0.

When we take a look at the two-bedroom comparison from February to March, Indianapolis experienced a -1.46% decrease for the price of a two-bedroom apartment. The rent price for a Indianapolis two-bedroom apartments currently stands at $1,216.0.

March Prices: Indianapolis vs. Surrounding Areas

Rent Prices in Indianapolis and Surrounding Areas

Rent prices have increased in Indianapolis over the last month. But how have the surrounding areas fared when it comes to the recent volatility in apartment prices? Rent prices in 2 of the Indianapolis suburbs increased last month. On the other hand, 4 local areas experienced a decrease in the price of a one-bedroom apartment.

More key findings include:

  • Rent increased in Greenwood, IN, Camby, IN .

  • Rent decreased in Carmel, IN, Westfield, IN, Noblesville, IN, Lawrence, IN.

  • 4 suburbs are currently priced higher than the city of Indianapolis.

  • 2 suburbs are currently priced lower than the city of Indianapolis.

March 2023 Pricing Trends: Indianapolis vs. National Comparisons

Indianapolis Rent Prices More Affordable Than Major Cities

Rent growth in Indianapolis 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, Indianapolis average rent prices appear to be relatively affordable for local residents.

The price for a Indianapolis 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 Indianapolis and surrounding area rent prices, take a look at the complete data set below.

Data set for Indianapolis and suburbs

1 BR March 1 BR M/M % Change 2 BR March 2 BR M/M % Change
Indianapolis, IN $942.0 -0.42% $1,234.0 -2.06%
Carmel, IN $1,431.0 -0.49% $1,635.0 -1.86%
Greenwood, IN $915.0 2.58% $1,311.0 -1.58%
Westfield, IN $1,336.0 -7.29% $1,702.0 -2.69%
Noblesville, IN $1,195.0 0.00% $1,621.0 -0.12%
Lawrence, IN $850.0 0.00% $995.0 0.00%
Camby, IN $1,101.0 1.01% $1,448.0 0.28%

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.