Rental market trends for
Indianapolis, IN
The average rent price in Indianapolis was $1,334 last month, down $15 month over month.
Median rent
Month-over-month change
Average rent in Indianapolis
In August 2025, Indianapolis rental prices decreased $15 compared to last month.
Median rent of neighborhoods in Indianapolis
| Neighborhood | Median rent | MoM (% change) |
|---|---|---|
| Meridian Kessler | $1,695 | +30.38% |
| Broad Ripple | $1,825 | +4.29% |
| Fountain Square | $1,650 | +3.13% |
| Lanikai Beach | $10,500 | +220.61% |
| Downtown Indianapolis | $2,200 | +14.58% |
| Butler-Tarkington | $1,600 | +1.59% |
| Bates-Hendricks | $1,590 | -0.63% |
| Castleton | $1,202 | -10.93% |
| North Side Indianapolis | $1,400 | -5.08% |
| Eagle Creek | $1,665 | -2.35% |
Average rent of nearby cities
Here's how Indianapolis's average rent of $1,334 compares to nearby cities.
More resources for Indianapolis
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| Condos for rent in Indianapolis | Rental listings in Indianapolis | ||
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