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Rental Market Trends in Tipton, IN

What is the average rent in Tipton, IN?

$808/month

Average Rent

651 Sq Ft

Average Apartment Size

+2.1%

Increase in the Last Year

As of May 2025, the average rent in Tipton, IN is $808 per month. This is 50% lower than the national average rent of $1,625/month, making renting in Tipton more affordable than most cities in the US. When you rent an apartment in Tipton, you can expect to pay about $840 per month for a studio, $808 for a one-bedroom apartment, and around $834 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $845 or more.

Floor Plan Type
Average Rent
Average Sq Ft
Studio
$840/month
288 Sq Ft
One Bedroom
$808/month
651 Sq Ft
Two Bedroom
$834/month
795 Sq Ft
Three Bedroom
$845/month
1,204 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 Tipton, IN?

In the past year, rent has increased by 2.1%, which averages out to $18 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

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

Because the average rent in Tipton is $808, you’ll want to make about $2,693 per month or $32,316 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

Tipton, IN

4 Available Apartments for Rent

Search for Nearby Apartments

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

Use the tool below to compare Tipton, 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

Nearby City Rent Trends

  • Noblesville Average Rent
  • Westfield Average Rent

Apartment communities in Tipton we think you'll love

439 N Main St

439 N Main St

439 N Main St,
Tipton, IN 46072

2 Beds | $1,350

211 Barr Ct

211 Barr Ct

211 Barr Ct,
Tipton, IN 46072

4 Beds | $1,700

627 N Main St

627 N Main St

627 N Main St,
Tipton, IN 46072

1 Bed | $995

216 E Madison St

216 E Madison St

216 E Madison St,
Tipton, IN 46072

1 Bed | $895

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United States Indiana Tipton 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