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Rental Market Trends in Jasper, IN

What is the average rent in Jasper, IN?

$656/month

Average Rent

482 Sq Ft

Average Apartment Size

+3.3%

Increase in the Last Year

As of May 2025, the average rent in Jasper, IN is $656 per month. This is 60% lower than the national average rent of $1,627/month, making renting in Jasper more affordable than most cities in the US. When you rent an apartment in Jasper, you can expect to pay about $788 per month for a studio, $656 for a one-bedroom apartment, and around $728 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $708 or more.

Floor Plan Type
Average Rent
Average Sq Ft
Studio
$788/month
402 Sq Ft
One Bedroom
$656/month
482 Sq Ft
Two Bedroom
$728/month
718 Sq Ft
Three Bedroom
$708/month
1,123 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 Jasper, IN?

In the past year, rent has increased by 3.3%, which averages out to $22 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 May 2025
Legend
2024 2025
Market Trends Over Time
Rent Ranges in Jasper, IN
Last Updated May 2025
Below $701
Most rental prices fall within this range
Rent Ranges in Jasper, IN
Percentage*
Rent Range
67% Below $700/month
25% $700 - $1,000/month
8% $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 Jasper, IN?

Because the average rent in Jasper is $656, you’ll want to make about $2,186 per month or $26,232 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

Jasper, IN

3 Available Apartments for Rent

Search for Nearby Apartments

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

Use the tool below to compare Jasper, 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 Jasper, IN

Apartment Averages

Apartment communities in Jasper we think you'll love

576 Sycamore Mnr

576 Sycamore Mnr

576 Sycamore Mnr,
Jasper, IN 47546

2 Beds | $875

4690 Picadilly Cir

4690 Picadilly Cir

4690 Picadilly Cir,
Jasper, IN 47546

3 Beds | $1,950

35 Cedarcrest Ct

35 Cedarcrest Ct

35 Cedarcrest Ct,
Jasper, IN 47546

1 Bed | $575

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United States Indiana Jasper 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 February 2025.

* Percentages may not total 100 due to rounding.

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Equal Housing Opportunity