City
Average Rent in Indianapolis, Indiana
Indianapolis is a city in Indiana. It ranks #99 out of 254 for places to rent. Indianapolis is in 4 counties and
the metropolitan area of
Indianapolis-Carmel, IN MSA. Dwellsy has rental data for Indianapolis includes 35 zip codes, no sections, 86 neighborhoods and no rental communities with places to rent.The average rent over the last 3 months for places in Indianapolis is $1,328 which represents a decrease of -0.4% over the same period.
The most expensive zip code in Indianapolis to rent places is 46259 with an average rent of $2,175. The least expensive zip code in Indianapolis to rent places is 46227 with an average rent of $1,049.
The most expensive neighborhood in Indianapolis to rent places is Butler-Tarkington/Rocky Ripple with an average rent of $3,200. The least expensive neighborhood in Indianapolis to rent places is Irvington with an average rent of $844.
Rental Price Comparison
The average rent for places in city Indianapolis currently stands at $1,328.
In comparison, places in the largest zip, specifically 46224, is less expensive, with an average rent of $1,171. This represents a difference of -12% when compared to Indianapolis.
Meanwhile, in the average state of Indiana, the average rent for the same type of housing is $1,346, showing a more expensive of +1% from our subject location.
On a national scale, the average rent for a similar places across the United States is $1,883. This constitutes a more expensive by +42% when compared to the rent in Indianapolis.
$1,328
Indianapolis
VS$1,171
-12%
46224, zip
$1,346
+1%
IN, state
$1,883
+42%
USA, us
Average price for rental listings over the last 3 months. Last updated August 2 2026
Zip Codes in Indianapolis, IN
Top 10 by Average Rent for places
46259$2,175
46256$2,131
46234$2,128
46113$1,995
46231$1,960
46236$1,918
46239$1,863
46217$1,812
46237$1,772
46229$1,660
Cheapest 10 by Average Rent for places
Neighborhoods in Indianapolis, IN
Top 10 by Average Rent for places
South Franklin$2,249
Galludet$2,089
Southeast Warren$2,045
Poplar Grove$2,024
I-69/Fall Creek$2,023
Linden Wood$1,996
Camby$1,969
Cheapest 10 by Average Rent for places
Martindale - Brightwood$1,015
Southdale$1,010
Devonshire$1,000
Homecroft$995
Crown Hill$972
Christian Park$954
Garfield Park$881
North Perry$860
Irvington$844
