MSA
Average Rent in Indianapolis-Carmel, IN MSA
Indianapolis-Carmel, IN MSA is a metropolitan area in United States. It ranks #354 out of 963 for places to rent. Indianapolis-Carmel, IN MSA is in
the state of
Indiana. Dwellsy has rental data for Indianapolis-Carmel, IN MSA also includes 17 counties, 6 congressional districts, 79 zip codes, and 41 cities with places to rent.The average rent over the last 3 months for places in Indianapolis-Carmel, IN MSA is $1,449 which represents an increase of 2.09% over the same period.
The most expensive zip code in Indianapolis-Carmel, IN MSA to rent places is 47240 with an average rent of $3,855. The least expensive zip code in Indianapolis-Carmel, IN MSA to rent places is 47872 with an average rent of $636.
The most expensive city in Indianapolis-Carmel, IN MSA to rent places is Greensburg, IN with an average rent of $3,855. The least expensive city in Indianapolis-Carmel, IN MSA to rent places is Rockville, IN with an average rent of $636.
Rental Price Comparison
The average rent for places in msa Indianapolis-Carmel, IN MSA currently stands at $1,449.
In comparison, places in the largest zip, specifically 46202, is less expensive, with an average rent of $1,138. This represents a difference of -21% when compared to Indianapolis-Carmel, IN MSA.
Meanwhile, in the largest city of Indianapolis, the average rent for the same type of housing is $1,334, showing a less expensive of -8% from our subject location.
On a national scale, the average rent for a similar places across the United States is $1,880. This constitutes a more expensive by +30% when compared to the rent in Indianapolis-Carmel, IN MSA.
$1,449
Indianapolis-Carmel, IN MSA
VS$1,138
-21%
46202, zip
$1,334
-8%
Indianapolis, city
$1,880
+30%
USA, us
Average price for rental listings over the last 3 months. Last updated June 28 2026
Cities in Indianapolis-Carmel, IN MSA
Top 10 by Average Rent for places
Greensburg, IN$3,855
Bargersville, IN$2,422
McCordsville, IN$2,353
New Palestine, IN$2,310
Monrovia, IN$2,153
Pittsboro, IN$2,029
Nashville, IN$2,010
Camby, IN$1,992
Whitestown, IN$1,990
Carmel, IN$1,972
Cheapest 10 by Average Rent for places
Shelbyville, IN$1,320
Greencastle, IN$1,287
Beech Grove, IN$1,243
Arcadia, IN$1,235
Roachdale, IN$1,139
Atlanta, IN$1,085
North Salem, IN$1,025
Poland, IN$825
Wilkinson, IN$695
Rockville, IN$636
