City
Average Rent in Indianapolis, Indiana
Indianapolis is a city in Indiana. It ranks #93 out of 266 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 $1,334 which represents an increase of 0.64% over the same period.
The most expensive zip code in Indianapolis to rent places is 46256 with an average rent of $2,307. The least expensive zip code in Indianapolis to rent places is 46227 with an average rent of $1,068.
The most expensive neighborhood in Indianapolis to rent places is Butler-Tarkington/Rocky Ripple with an average rent of $2,824. 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 $1,334.
In comparison, places in the largest zip, specifically 46224, is less expensive, with an average rent of $1,172. 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 $1,348, 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 $1,870. This constitutes a more expensive by +40% when compared to the rent in Indianapolis.
$1,334
Indianapolis
VS$1,172
-12%
46224, zip
$1,348
+1%
IN, state
$1,870
+40%
USA, us
Average price for rental listings over the last 3 months. Last updated June 28 2026
Zip Codes in Indianapolis, IN
Top 10 by Average Rent for places
46256$2,307
46259$2,180
46234$2,097
46113$1,992
46236$1,967
46231$1,949
46239$1,937
46278$1,826
46237$1,756
46217$1,755
Cheapest 10 by Average Rent for places
Neighborhoods in Indianapolis, IN
Top 10 by Average Rent for places
New Bethel$2,300
I-69/Fall Creek$2,196
Poplar Grove$2,074
Galludet$2,029
Acton$1,989
Camby$1,963
Raymond Park$1,945
South Franklin$1,918
Cheapest 10 by Average Rent for places
Near Nw - Riverside$1,028
Homecroft$1,021
Southdale$1,015
Eastside$999
Christian Park$961
Garfield Park$872
North Perry$860
Irvington$849
