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Rental Market Trends in Boonville, IN

What is the average rent in Boonville, IN?

$410/month

Average Rent

0 Sq Ft

Average Apartment Size

+1.4%

Increase in the Last Year

As of August 2025, the average rent in Boonville, IN is $410 per month. This is 75% lower than the national average rent of $1,639/month, making renting in Boonville more affordable than most cities in the US. When you rent an apartment in Boonville, you can expect to pay about per month for a studio, $410 for a one-bedroom apartment, and around $513 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $4,015 or more.

Floor Plan Type
Average Rent
Average Sq Ft
One Bedroom
$410/month
0 Sq Ft
Two Bedroom
$513/month
475 Sq Ft
Three Bedroom
$4,015/month
0 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft

How much has average rent changed in Boonville, IN?

In the past year, rent has increased by 1.4%, which averages out to $6 more per month.

Market Trends Over Time   The chart below compares average rent prices to the previous year during the same time period.
Last Updated August 2025
Legend
2024 2025
Market Trends Over Time
Rent Ranges in Boonville, IN
Last Updated August 2025
Below $701
Most rental prices fall within this range
Rent Ranges in Boonville, IN
Percentage*
Rent Range
100% Below $700/month
0% $700 - $1,000/month
0% $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 Boonville, IN?

Because the average rent in Boonville is $410, you’ll want to make about $1,366 per month or $16,392 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.

City

Boonville, IN

3 Available Apartments for Rent

Search for Nearby Apartments

How does Boonville, IN compare to other nearby cities and neighborhoods?

Use the tool below to compare Boonville, 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.

Apartment Averages

Nearby City Rent Trends

  • Newburgh Average Rent
  • Evansville Average Rent

Apartment communities in Boonville we think you'll love

1714 Autumn Dr

1714 Autumn Dr

1714 Autumn Dr,
Boonville, IN 47601

$950

2 Beds

1714 Autumn Dr

1714 Autumn Dr

1714 Autumn Dr,
Boonville, IN 47601

$1,000

2 Beds

1112 Perkins Dr

1112 Perkins Dr

1112 Perkins Dr,
Boonville, IN 47601

$895

2 Beds

Warrick Trail Apartments

Warrick Trail Apartments

9899 Warrick Trl,
Newburgh, IN 47630

$1,054 - $2,039

1-3 Beds

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United States Indiana Boonville Rental Trends

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 2025.

* Percentages may not total 100 due to rounding.

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Equal Housing Opportunity