← Rent by cityTypical monthly rent in Indianapolis, IN, over the past three years
Rent in Indianapolis, IN
Data as of August 2026 · Zillow Observed Rent Index
Typical rent
$1,389
1-year change
+2.5%
3-year change
+11.3%
Metro, 1-year change
+3.3%
Rents in Indianapolis rose +2.5%, faster than the US overall (+2.5%). Expect landlords to push; compare your offer with your own ZIP, which can differ a lot from the city.
Typical rent in Indianapolis, past 3 years
All unit sizes, monthly
Show as a table
| Month | Typical rent |
|---|---|
| Aug 2026 | $1,389 |
| Jul 2026 | $1,385 |
| Jun 2026 | $1,378 |
| May 2026 | $1,368 |
| Apr 2026 | $1,361 |
| Mar 2026 | $1,359 |
| Feb 2026 | $1,355 |
| Jan 2026 | $1,360 |
| Dec 2025 | $1,360 |
| Nov 2025 | $1,362 |
| Oct 2025 | $1,356 |
| Sep 2025 | $1,356 |
| Aug 2025 | $1,355 |
| Jul 2025 | $1,357 |
| Jun 2025 | $1,350 |
| May 2025 | $1,344 |
| Apr 2025 | $1,335 |
| Mar 2025 | $1,329 |
| Feb 2025 | $1,322 |
| Jan 2025 | $1,318 |
| Dec 2024 | $1,312 |
| Nov 2024 | $1,309 |
| Oct 2024 | $1,307 |
| Sep 2024 | $1,311 |
| Aug 2024 | $1,307 |
| Jul 2024 | $1,303 |
| Jun 2024 | $1,289 |
| May 2024 | $1,282 |
| Apr 2024 | $1,273 |
| Mar 2024 | $1,265 |
| Feb 2024 | $1,256 |
| Jan 2024 | $1,250 |
| Dec 2023 | $1,249 |
| Nov 2023 | $1,251 |
| Oct 2023 | $1,251 |
| Sep 2023 | $1,251 |
| Aug 2023 | $1,248 |
Estimated typical rent by size
| Studio | $1,170 |
| 1 bedroom | $1,170 |
| 2 bedrooms | $1,420 |
| 3 bedrooms | $1,610 |
| 4+ bedrooms | $1,740 |
City typical rent × IN bedroom ratios from the Census American Community Survey. Rough guide only.
Check your own increase
ZIP-level trends can differ a lot from the city average.
By ZIP code
| ZIP | Typical rent | 1-year change |
|---|---|---|
| 46113 | $2,001 | +1.7% |
| 46201 | $1,208 | +4.7% |
| 46202 | $1,492 | +0.9% |
| 46203 | $1,469 | +5.8% |
| 46204 | $1,704 | +1.2% |
| 46205 | $1,285 | +3.5% |
| 46208 | $1,259 | +5.8% |
| 46214 | $1,249 | −2.9% |
| 46217 | $1,574 | −1.8% |
| 46218 | $1,278 | +6.4% |
| 46219 | $1,081 | +2.5% |
| 46220 | $1,429 | +3.0% |
| 46221 | $1,383 | +1.4% |
| 46222 | $1,217 | +4.4% |
| 46225 | $1,405 | +8.4% |
| 46226 | $1,239 | +5.6% |
| 46227 | $1,284 | +1.7% |
| 46228 | $1,594 | – |
| 46229 | $1,782 | +2.9% |
| 46231 | $2,080 | – |
| 46234 | $2,101 | +2.2% |
| 46235 | $1,797 | +9.7% |
| 46237 | $1,695 | +1.8% |
| 46239 | $1,995 | +4.8% |
| 46240 | $1,533 | +0.4% |
| 46241 | $1,341 | +0.4% |
| 46250 | $1,344 | +2.1% |
| 46254 | $1,274 | +1.6% |
| 46256 | $1,239 | −4.1% |
| 46259 | $1,943 | – |
| 46260 | $1,269 | +2.8% |
| 46268 | $1,462 | −0.5% |
Negotiating a renewal in Indianapolis
- Check your own ZIP, not just the city: in Indianapolis, ZIP-level changes over the past year range from −4.1% to +9.7%.
- Start 60–90 days before your lease ends, before you're short on time to look elsewhere.
- Lead with wanting to stay, then the numbers: your increase next to the local trend, with the source named.
- Name a specific number, and offer something in return, like a longer lease, if you can.
- Get any agreement in writing before you sign the renewal.