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Rental Market Trends in Danville, IN

What is the average rent in Danville, IN?

$1,245/month

Average Rent

738 Sq Ft

Average Apartment Size

+6.3%

Increase in the Last Year

As of June 2025, the average rent in Danville, IN is $1,245 per month. This is 23% lower than the national average rent of $1,627/month, making renting in Danville more affordable than most cities in the US. When you rent an apartment in Danville, you can expect to pay about per month for a studio, $1,245 for a one-bedroom apartment, and around $1,634 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $1,751 or more.

Floor Plan Type
Average Rent
Average Sq Ft
One Bedroom
$1,245/month
738 Sq Ft
Two Bedroom
$1,634/month
1,155 Sq Ft
Three Bedroom
$1,751/month
1,366 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 Danville, IN?

In the past year, rent has increased by 6.3%, which averages out to $79 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 June 2025
Legend
2024 2025
Market Trends Over Time
Rent Ranges in Danville, IN
Last Updated June 2025
$1,501 - $2,000
Most rental prices fall within this range
Rent Ranges in Danville, IN
Percentage*
Rent Range
0% Below $700/month
0% $700 - $1,000/month
33% $1,001 - $1,500/month
67% $1,501 - $2,000/month
0% Above $2,000/month

What salary do I need to live comfortably in Danville, IN?

Because the average rent in Danville is $1,245, you’ll want to make about $4,150 per month or $49,800 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

Danville, IN

34 Available Apartments for Rent

Search for Nearby Apartments

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

Use the tool below to compare Danville, 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.

Explore the Area Guide for Danville, IN

Apartment Averages

Nearby City Rent Trends

  • Avon Average Rent
  • Plainfield Average Rent
  • Brownsburg Average Rent
  • Mooresville Average Rent
  • Speedway Average Rent
  • Whitestown Average Rent

Apartment communities in Danville we think you'll love

Settlers Run

Settlers Run

3200 Prairie View Trl,
Danville, IN 46122

1-3 Beds | $1,250 - $1,934

Redwood Danville

Redwood Danville

281 Canal West Cir,
Danville, IN 46122

2 Beds | $1,822 - $2,399

965 Martin Dr

965 Martin Dr

965 Martin Dr,
Danville, IN 46122

3 Beds | $1,779

3602 Essex Dr

3602 Essex Dr

3602 Essex Dr,
Danville, IN 46122

5 Beds | $2,875

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United States Indiana Danville 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