Last Updated on September 6, 2022

Median rent for apartments in Indianapolis, IN – $1,174/mo

Median rent for studio apartments in Indianapolis – $850

Median rent for 1-bedroom apartments in Indianapolis – $994

Median rent for 2-bedroom apartments in Indianapolis – $1,300

Median rent for 3-bedroom apartments in Indianapolis – $1,604

Median rent for single-family homes in Indianapolis – $1,225/mo

Median rent for 1-bedroom houses in Indianapolis – $900

Median rent for 2-bedroom houses in Indianapolis – $1,020

Median rent for 3-bedroom houses in Indianapolis – $1,525

Median rent for 4-bedroom houses in Indianapolis – $1,900

The median rent in Indianapolis has gone up 4% since August of last year. Unlike most cities, the median rent for single-family rentals in Indianapolis has decreased by 21% since last year, whereas most single-family rent prices have increased substantially since 2021.

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