City
Average Rent in Indianapolis, Indiana
Indianapolis is a city in Indiana. It ranks #85 out of 263 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, 83 neighborhoods and no rental communities with places to rent.The average rent over the last 3 months for places in Indianapolis is $1,336 which represents an increase of 1.04% over the same period.
The most expensive zip code in Indianapolis to rent places is 46256 with an average rent of $2,444. The least expensive zip code in Indianapolis to rent places is 46227 with an average rent of $1,075.
The most expensive neighborhood in Indianapolis to rent places is Butler-Tarkington/Rocky Ripple with an average rent of $2,629. The least expensive neighborhood in Indianapolis to rent places is Irvington with an average rent of $849.
Rental Price Comparison
The average rent for places in city Indianapolis currently stands at $1,336.
In comparison, places in the largest zip, specifically 46224, is less expensive, with an average rent of $1,180. 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 $1,353, 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 $1,859. This constitutes a more expensive by +39% when compared to the rent in Indianapolis.
$1,336
Indianapolis
VS$1,180
-12%
46224, zip
$1,353
+1%
IN, state
$1,859
+39%
USA, us
Average price for rental listings over the last 3 months. Last updated May 31 2026
Zip Codes in Indianapolis, IN
Top 10 by Average Rent for places
46256$2,444
46259$2,108
46234$2,061
46113$1,975
46236$1,970
46278$1,963
46231$1,952
46239$1,942
46237$1,766
46217$1,683
Cheapest 10 by Average Rent for places
Neighborhoods in Indianapolis, IN
Top 10 by Average Rent for places
I-69/Fall Creek$2,402
Ravenswood$2,350
New Bethel$2,300
Poplar Grove$2,087
Acton$2,010
Galludet$1,994
Raymond Park$1,992
Camby$1,973
Cheapest 10 by Average Rent for places
Homecroft$1,035
Fairgrounds$1,012
Near Nw - Riverside$1,008
Southdale$1,005
Eastside$986
Christian Park$940
Garfield Park$913
North Perry$864
Irvington$849
