The Penn Quarters-Main Street
1055 Philadelphia St,
Indiana, PA 15701
$475 - $790
1-4 Beds
Rental Market Trends in Indiana, PA
What is the average rent in Indiana, PA?
$659/month
Average Rent
529 Sq Ft
Average Apartment Size
-1.6%
Decrease in the Last Year
As of March 2026, the average rent in Indiana, PA is $659 per month. This is 59% lower than the national average rent of $1,627/month, making renting in Indiana more affordable than most cities in the US. When you rent an apartment in Indiana, you can expect to pay about $501 per month for a studio, $659 for a one-bedroom apartment, and around $947 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $995 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 Indiana, PA?
In the past year, rent has decreased by 1.6%, which averages out to $10 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 March 2026
Legend
2025
2026
Rent Ranges in Indiana, PA
Last Updated March 2026
Below $701
Most rental prices fall within this range
Percentage*
Rent Range
36%
Below $700/month
36%
$700 - $1,000/month
21%
$1,001 - $1,500/month
7%
$1,501 - $2,000/month
0%
Above $2,000/month
Rent by Neighborhood
Last Updated Today
What are the most affordable neighborhoods in Indiana?
Based on current rent prices, The Monticello is the most affordable neighborhood in Indiana.
Neighborhood
Average Rent
Average Sq Ft
What are the most expensive neighborhoods in Indiana?
Based on current rent prices, The Monticello is the most expensive neighborhood in Indiana.
Neighborhood
Average Rent
Average Sq Ft
Which Indiana neighborhoods have the most rentals available?
The neighborhood in Indiana with the most apartments available is The Monticello .
Neighborhood
Average Rent
Average Sq Ft
What salary do I need to live comfortably in Indiana, PA?
Because the average rent in Indiana is $659, you’ll want to make about $2,196 per month or $26,352 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.
Cost of Living
The cost of living in Indiana, PA is 5.7% lower than the national average. Generally, housing in Indiana is 20.1% less expensive than the national average, with rent falling between $501 - $995. You can expect to pay 0.9% more for groceries, 6.9% more for utilities, and 2.8% less for transportation.
How does Indiana, PA compare to other nearby cities and neighborhoods?
Use the tool below to compare Indiana, PA 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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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 February 2026.
* Percentages may not total 100 due to rounding.