Beech Meadow Apartments
147 Diplomat Ct,
Beech Grove, IN 46107
1-4 Beds | $929 - $1,412
Rental Market Trends in Beech Grove, IN
Updated July 2026
The average rent in Beech Grove, IN is $1,013/month.
Rent in Beech Grove is 39% lower than the national average rent of $1,662/month, making this one of the less expensive cities statewide.
$1,013/month
Average Rent
664 Sq Ft
Average Size
-1.3%
Change / Year
260
Available Apartments
Beech Grove rent varies by unit size and layout:
- Studio apartments in Beech Grove average $605 per month.
- One-bedroom apartments in Beech Grove average $1,013 per month.
- Two-bedroom apartments in Beech Grove average $1,200 per month.
- Three-bedroom apartments in Beech Grove average $1,500 or more per month.
Average Rent by Home Type
Bedrooms
Average Rent
Average Sq Ft
Bedrooms
Average Rent
Average Sq Ft
How much has average rent changed in Beech Grove, IN?
In the past year, rent has decreased by 1.3%, which averages out to $12 less per month.
Market Trends Over Time
July 2026
2025
2026
Rent Ranges in Beech Grove, IN
July 2026
$1,001 - $1,500
Most rental prices fall within this range
Percentage*
Rent Range
0%
Below $700/month
43%
$700 - $1,000/month
57%
$1,001 - $1,500/month
0%
$1,501 - $2,000/month
0%
Above $2,000/month
What salary do I need to live comfortably in Beech Grove, IN?
Because the average rent in Beech Grove is $1,013, you’ll want to make about $3,376 per month or $40,512 per year. The general guideline is to pay no more than 30 percent of your monthly income on rent. However, you’ll want to consider additional factors, such as your monthly bills and other expenses. Use our rent affordability calculator to help determine how much to budget for rent.
How does Beech Grove, IN compare to other nearby cities and neighborhoods?
Use the tool below to compare Beech Grove, IN to other nearby cities and neighborhoods. The Apartments.com neighborhood guides provide you with insight into the area’s transportation, things to do, and more.
View the Beech Grove Area GuideCompare Rent Trends Nearby
Get a clearer picture of the area by viewing rent trends in nearby cities.
Apartment Communities in Beech Grove We Think You'll Love
Rental management, simplified
Our all-in-one suite of property manangement software makes the rental process easy. Screen tenants, manage payments, and more – all on Apartments.com
Guides for Managing Your Rental
Frequently Asked Questions
What is the average rent in Beech Grove?
The average rent in Beech Grove is $1,013 per month, which is 39.0% lower than the national average of $1,662.
What is the average rent for a house in Beech Grove?
The average rent for a house in Beech Grove, IN is $1,724 per month.
Are rents going up or down in Beech Grove?
Rents in Beech Grove, IN are decreasing, with prices down 1.3% year-over-year and $12 less per month.
What rent range is most common in Beech Grove?
In Beech Grove, IN, 57% of apartments fall between $1,001 - $1,500/month, though prices may vary depending on location and other factors.
Methodology
† Our analysis of utilities, groceries, transportation, healthcare, home prices, and other goods and services is sourced from the Cost of Living Index, a respected benchmark published by the Council for Community and Economic Research (C2ER) that provides a thorough overview of living expenses across different regions.
Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.
Consumer goods, services, and home prices are sourced from the Cost of Living Index published by the Council for Community and Economic Research (C2ER). The data on this page is updated quarterly. It was last published in June 2026.
Demographic information comes from Neustar and combines detailed address data with U.S. Census and American Community Survey statistics to produce reliable local estimates.
* Percentages may not total 100 due to rounding.