Apartments in Mapelton Indianapolis

61 - 72 of 72 Results
23
$627 - 1,771
5018 Lemans Dr Indianapolis, IN
Studio - 3 BR | Available Now
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Dog Friendly
Cat Friendly
Covered Parking
Balcony/Deck/Patio
Fitness Center
$925
1064-66 W 37th St Indianapolis, IN
2 BR | Available Now
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16
$2,250
Indianapolis, IN
4 BR | Ask for Availability
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House
1
$799 - 999
1704 N College Ave Indianapolis, IN
1 BR | May. 23, 2024
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Cat Friendly
Surface Parking
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2
$675 - 760
28 E 16th St Indianapolis, IN
Studio | Available Now
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Dog Friendly
Cat Friendly
Herron Morton
11
$534 - 1,313
3810 Cooper Square Court Indianapolis, IN
2 - 3 BR | Available Now
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Dog Friendly
Cat Friendly
Luxury
Income Restricted
Section 8
$875
2025 N Oxford St Indianapolis, IN
2 BR | Available Now
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19
$1,200 - 1,350
Indianapolis, IN
2 - 3 BR | Available Now
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Dog Friendly
Cat Friendly
Disability Access
Dishwasher
21
$1,425
Indianapolis, IN
2 BR | Available Now
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Dog Friendly
Cat Friendly
House
Storage
$600
2926 E 18Th St Indianapolis, IN
1 BR | Ask for Availability
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$1,225
1622 N Rural St Indianapolis, IN
3 BR | Available Now
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31
$700
1942 Houston St Indianapolis, IN
1 BR | Ask for Availability
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Air Conditioning
In Unit Laundry
61 - 72 of 72 Results
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Indianapolis:
May Rent Report

Welcome to the May 2024 Indianapolis 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 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

$1,300
$980
$650
$330
$0
Apr. 2023
May. 2023
Jun. 2023
Jul. 2023
Aug. 2023
Sep. 2023
Oct. 2023
Nov. 2023
Dec. 2023
Jan. 2024
Feb. 2024
Mar. 2024
1 BR       2 BR

Indianapolis Rent Prices Decrease From April to May

Indianapolis rent prices decreased over the last month. From April to May, the city experienced a -0.31% decrease for the price of a one-bedroom apartment. The rent price for a Indianapolis one-bedroom apartments currently stands at $980.0.

When we take a look at the two-bedroom comparison from April to May, Indianapolis experienced a 0.9% increase for the price of a two-bedroom apartment. The rent price for a Indianapolis two-bedroom apartments currently stands at $1,231.0.

May Prices: Indianapolis vs. Surrounding Areas

Whitestown, IN
Carmel, IN
Plainfield, IN
Fishers, IN
Noblesville, IN
Greenwood, IN
Indianapolis, IN
Speedway, IN
$1,722
$1,554
$1,450
$1,422
$1,386
$1,054
$969
$895
$0
$600
$1,200
$1,800
$2,400
Median 1 BR Rent

Rent Prices in Indianapolis and Surrounding Areas

Rent prices have decreased 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 5 of the Indianapolis suburbs increased last month. On the other hand, 2 local areas experienced a decrease in the price of a one-bedroom apartment.

More key findings include:

  • Rent increased in Carmel, IN, Noblesville, IN, Whitestown, IN, Speedway, IN, Plainfield, IN .

  • Rent decreased in Fishers, IN, Greenwood, IN.

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

  • 1 suburb is currently priced lower than the city of Indianapolis.

May 2024 Pricing Trends: Indianapolis vs. National Comparisons

New York, NY
San Francisco, CA
Washington, DC
Los Angeles, CA
Chicago, IL
Columbus, OH
Minneapolis, MN
Pittsburgh, PA
Indianapolis, IN
$4,056
$3,039
$2,377
$2,336
$1,913
$1,300
$1,283
$1,178
$969
$0
$1,350
$2,700
$4,050
$5,400
Median Rent

Indianapolis Rent Prices More Affordable Than Major Cities

Rent growth in Indianapolis over the past year has been declining. 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 May 1 BR M/M % Change 2 BR May 2 BR M/M % Change
Indianapolis, IN $969.0 -1.12% $1,245.0 1.14%
Carmel, IN $1,554.0 4.02% $1,989.0 11.49%
Noblesville, IN $1,386.0 0.73% $1,701.0 1.19%
Whitestown, IN $1,722.0 2.81% $1,869.0 2.08%
Speedway, IN $895.0 0.22% $1,107.0 -0.36%
Fishers, IN $1,422.0 -2.54% $1,792.0 -4.78%
Greenwood, IN $1,054.0 -0.66% $1,283.0 -0.46%
Plainfield, IN $1,450.0 0.35% $1,703.0 -0.70%

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.