LEO at Carmel
317 E 146th St,
Carmel, IN 46033
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2-3 Beds
Rental Market Trends in Fishers, IN
What is the average rent in Fishers, IN?
$1,392/month
Average Rent
777 Sq Ft
Average Apartment Size
-1%
Decrease in the Last Year
As of January 2026, the average rent in Fishers, IN is $1,392 per month. For comparison, the national average rent price in the US is currently $1,624/month, which means Fishers rent prices are 14% lower than the national average. When you rent an apartment in Fishers, you can expect to pay about $1,361 per month for a studio, $1,392 for a one-bedroom apartment, and around $1,670 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $2,013 or more.
Floor Plan Type
Average Rent
Average 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 Fishers, IN?
In the past year, rent has decreased by 1%, which averages out to $14 less per month.
Market Trends Over Time
The chart below compares average rent prices to the previous year during the same time period.
Last Updated January 2026
Legend
2025
2026
Rent Ranges in Fishers, IN
Last Updated January 2026
$1,501 - $2,000
Most rental prices fall within this range
Percentage*
Rent Range
0%
Below $700/month
0%
$700 - $1,000/month
29%
$1,001 - $1,500/month
67%
$1,501 - $2,000/month
4%
Above $2,000/month
Rent by Neighborhood
Last Updated Today
What are the most affordable neighborhoods in Fishers?
Based on current rent prices, The Orchards at Sunblest, Lantern Pointe and Heritage Meadows are the most affordable neighborhoods in Fishers.
Neighborhood
Average Rent
Average Sq Ft
What are the most expensive neighborhoods in Fishers?
Based on current rent prices, Spring Dale Estates, Fishers/Hawthorn Hills and Heritage Meadows are the most expensive neighborhoods in Fishers.
Neighborhood
Average Rent
Average Sq Ft
Which Fishers neighborhoods have the most rentals available?
The neighborhoods in Fishers with the most apartments available are Fishers/Hawthorn Hills, Lantern Pointe and Heritage Meadows .
Neighborhood
Average Rent
Average Sq Ft
What salary do I need to live comfortably in Fishers, IN?
Because the average rent in Fishers is $1,392, you’ll want to make about $4,640 per month or $55,680 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 Fishers, IN compare to other nearby cities and neighborhoods?
Use the tool below to compare Fishers, 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.
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One Bedroom
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Two Bedroom
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Three Bedroom
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Nearby City Rent Trends
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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 November 2025.
* Percentages may not total 100 due to rounding.