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Rental Market Trends in Sullivan, IN

What is the average rent in Sullivan, IN?

$516/month

Average Rent

565 Sq Ft

Average Apartment Size

+1.4%

Increase in the Last Year

As of April 2026, the average rent in Sullivan, IN is $516 per month. This is 68% lower than the national average rent of $1,627/month, making renting in Sullivan more affordable than most cities in the US. When you rent an apartment in Sullivan, you can expect to pay about per month for a studio, $516 for a one-bedroom apartment, and around $614 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $1,489 or more.

Floor Plan Type
Average Rent
Average Sq Ft
One Bedroom
$516/month
565 Sq Ft
Two Bedroom
$614/month
693 Sq Ft
Three Bedroom
$1,489/month
1,315 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 Sullivan, IN?

In the past year, rent has increased by 1.4%, which averages out to $8 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 April 2026
Legend
2025 2026
Market Trends Over Time
Rent Ranges in Sullivan, IN
Last Updated April 2026
Below $701
Most rental prices fall within this range
Rent Ranges in Sullivan, IN
Percentage*
Rent Range
50% Below $700/month
0% $700 - $1,000/month
0% $1,001 - $1,500/month
50% $1,501 - $2,000/month
0% Above $2,000/month

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

Because the average rent in Sullivan is $516, you’ll want to make about $1,720 per month or $20,640 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

Sullivan, IN

5 Available Apartments for Rent

Search for Nearby Apartments

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

Use the tool below to compare Sullivan, 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.

Apartment Averages

Apartment communities in Sullivan we think you'll love

Sullivan Downtown Townhomes

Sullivan Downtown Townhomes

833 E Davis St,
Sullivan, IN 47882

$1,638

3 Beds

615 S Bell St

615 S Bell St

615 S Bell St,
Sullivan, IN 47882

$600

2 Beds

1205 N State St

1205 N State St

1205 N State St,
Sullivan, IN 47882

$1,000

3 Beds

221 E Jackson St

221 E Jackson St

221 E Jackson St,
Sullivan, IN 47882

$725

2 Beds

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United States Indiana Sullivan 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 2026.

* Percentages may not total 100 due to rounding.

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Equal Housing Opportunity

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Equal Housing Opportunity