Monthly apartment rent and rental growth in Indianapolis, IN, 2018-2023
Renters paid about 1,219 U.S. dollars in Indianapolis, Indiana, for one- and two-bedroom apartments at the end of 2023. The median rent increased by 14 percent between June 2021 and June 2022, and by 3.5 percent in the following year. Among the different states in the U.S., Indiana ranks as one of the least expensive rental markets in 2023.