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Rental Market Trends in Indiana

$1,098/month

Average Rent

+3.2%

Increase in the Last Year

+$34

Average Price Increase

Ranked 14th

Least Expensive Rent by State

31,403

Available Rentals

Linton, IN

City with the Lowest Rent

What is the average rent in Indiana?

As of June 2025, the average rent in Indiana is $1,098/month. When you rent an apartment in Indiana, you can expect some variability depending on the region. For instance, metropolitan areas may have higher rents than smaller towns and rural areas. In general, you can expect to pay about $966 per month for a studio, $1,098 for a one-bedroom apartment, and around $1,296 for a two-bedroom apartment in Indiana. If you opt for a three-bedroom rental, you could pay $1,571 or more.

Floor Plan Type
Average Rent
Average Sq Ft
Studio
$966/month
473 Sq Ft
One Bedroom
$1,098/month
701 Sq Ft
Two Bedroom
$1,296/month
993 Sq Ft
Three Bedroom
$1,571/month
1,290 Sq Ft

Rent by City

Last Updated Today
  • Most Affordable
  • Most Expensive

What are the most affordable cities in Indiana?

Based on current rent prices, the cheapest cities in Indiana to live are Linton, New Harmony and Paoli.

Calculate Rent Affordability
City
Average Rent
Average Sq Ft
Linton
$236/month
730 Sq Ft
New Harmony
$251/month
370 Sq Ft
Paoli
$348/month
676 Sq Ft
Rockville
$371/month
560 Sq Ft
Winchester
$383/month
624 Sq Ft
Topeka
$428/month
676 Sq Ft
Wadesville
$436/month
700 Sq Ft
Marengo
$443/month
671 Sq Ft
Huntingburg
$447/month
644 Sq Ft
Culver
$451/month
594 Sq Ft

What are the most expensive cities in Indiana?

Based on current rent prices, the most expensive cities in Indiana to live are Newberry, Granger and Zionsville.

Calculate Rent Affordability
City
Average Rent
Average Sq Ft
Newberry
$2,495/month
2,550 Sq Ft
Granger
$1,538/month
801 Sq Ft
Zionsville
$1,530/month
767 Sq Ft
Carmel
$1,506/month
786 Sq Ft
Highland
$1,481/month
716 Sq Ft
McCordsville
$1,416/month
750 Sq Ft
West Lafayette
$1,411/month
658 Sq Ft
Fishers
$1,406/month
777 Sq Ft
Westfield
$1,404/month
777 Sq Ft
Plainfield
$1,375/month
762 Sq Ft
This information is based on data collected by CoStar Group researchers.†

State

Indiana

31,403 Available Apartments for Rent

Search for Nearby Apartments

Nearby State Markets


Illinois
$1,640/mo. avg.
+3.5% YOY
Michigan
$1,126/mo. avg.
+3.3% YOY
Ohio
$1,062/mo. avg.
+2.7% YOY
Kentucky
$1,053/mo. avg.
+2.1% YOY

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US Rent Trends Indiana

Methodology

† 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.


State graphics provided by ProPublica    Copyright (c) 2012, ProPublica

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The above copyright notice and this permission notice shall be included in all copies or substantial portions of the Software.

THE SOFTWARE IS PROVIDED "AS IS", WITHOUT WARRANTY OF ANY KIND, EXPRESS OR IMPLIED, INCLUDING BUT NOT LIMITED TO THE WARRANTIES OF MERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE AND NONINFRINGEMENT. IN NO EVENT SHALL THE AUTHORS OR COPYRIGHT HOLDERS BE LIABLE FOR ANY CLAIM, DAMAGES OR OTHER LIABILITY, WHETHER IN AN ACTION OF CONTRACT, TORT OR OTHERWISE, ARISING FROM, OUT OF OR IN CONNECTION WITH THE SOFTWARE OR THE USE OR OTHER DEALINGS IN THE SOFTWARE.

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Equal Housing Opportunity