Average Rent Prices in Indiana (IN)
$8081
Studio
$8781
1BR
$1,0871
2BR
$1,3881
3BR
$1,5661
4BR
As of 2025, the overall average fair market rent for a residential rental property in Indiana is $1,145. Average rent prices in Indiana sit below the national average rent of $1,274, in which Indiana ranks as the as the 13th lowest rent among all 50 states and the 38th highest rent among all 50 states within the United States. In Indiana’s large metropolitan areas such as Indianapolis, IN, the average rent prices tend to be higher, while alternative areas such as Carmel, IN, can provide more affordable options.
Indiana (IN) National Rent Rankings
38th
Highest Rent Among 50 States
13th
Lowest Rent Among 50 States
Below
The National Rent Average
Average Rent Prices in Indiana (IN) Visual Chart
Studio
A one-room unit with a private bathroom.
1BR
A unit that has a separate bathroom and a separate bedroom.
2BR
A unit that has two separate and distinct bedrooms.
3BR
A unit that has 3 separate and distinct bedrooms.
4BR
A unit that has 4 separate and distinct bedrooms.
Fair Market Rent
Gross rent estimate for a standard rental unit in a given market.
Average Rent Prices in Indiana (IN) by Metro Area
| wdt_ID | Metro | Studio | 1BR | 2BR | 3BR | 4BR |
|---|---|---|---|---|---|---|
| 1 | Anderson, IN HUD Metro FMR Area | 759 | 803 | 1.054 | 1.379 | 1.397 |
| 2 | Bloomington, IN HUD Metro FMR Area | 958 | 1.080 | 1.223 | 1.618 | 1.926 |
| 3 | Carroll County, IN HUD Metro FMR Area | 696 | 709 | 928 | 1.191 | 1.230 |
| 4 | Cincinnati, OH-KY-IN HUD Metro FMR Area | 883 | 993 | 1.287 | 1.707 | 1.885 |
| 5 | Columbus, IN MSA | 1.103 | 1.145 | 1.268 | 1.537 | 1.776 |
| 6 | Elkhart-Goshen, IN MSA | 853 | 869 | 1.055 | 1.374 | 1.399 |
| 7 | Evansville, IN-KY MSA | 780 | 821 | 1.054 | 1.300 | 1.473 |
| 8 | Fort Wayne, IN MSA | 943 | 991 | 1.199 | 1.512 | 1.632 |
| 9 | Franklin County, IN HUD Metro FMR Area | 727 | 802 | 1.052 | 1.389 | 1.395 |
| 10 | Gary, IN HUD Metro FMR Area | 860 | 985 | 1.197 | 1.475 | 1.587 |
| 11 | Indianapolis-Carmel, IN HUD Metro FMR Area | 955 | 1.097 | 1.283 | 1.669 | 2.028 |
| 12 | Jasper County, IN HUD Metro FMR Area | 878 | 883 | 1.159 | 1.517 | 1.537 |
| 13 | Kokomo, IN MSA | 807 | 812 | 1.019 | 1.283 | 1.433 |
| 14 | Lafayette-West Lafayette, IN HUD Metro FMR Area | 831 | 971 | 1.161 | 1.399 | 1.750 |
| 15 | Louisville, KY-IN HUD Metro FMR Area | 1.003 | 1.094 | 1.330 | 1.714 | 1.989 |
| 16 | Michigan City-La Porte, IN MSA | 711 | 857 | 1.036 | 1.311 | 1.515 |
| 17 | Muncie, IN MSA | 736 | 802 | 982 | 1.289 | 1.492 |
| 18 | Owen County, IN HUD Metro FMR Area | 722 | 727 | 954 | 1.185 | 1.583 |
| 19 | Parke County, IN HUD Metro FMR Area | 751 | 756 | 992 | 1.310 | 1.315 |
| 20 | Putnam County, IN HUD Metro FMR Area | 745 | 816 | 1.049 | 1.397 | 1.636 |
| 21 | South Bend-Mishawaka, IN HUD Metro FMR Area | 751 | 936 | 1.095 | 1.350 | 1.452 |
| 22 | Sullivan County, IN HUD Metro FMR Area | 645 | 717 | 941 | 1.134 | 1.460 |
| 23 | Terre Haute, IN HUD Metro FMR Area | 783 | 788 | 995 | 1.199 | 1.393 |
| 24 | Union County, IN HUD Metro FMR Area | 709 | 782 | 1.026 | 1.344 | 1.641 |
| 25 | Warren County, IN HUD Metro FMR Area | 664 | 824 | 928 | 1.300 | 1.475 |
| 26 | Washington County, IN HUD Metro FMR Area | 755 | 759 | 996 | 1.200 | 1.321 |
| Metro | Studio | 1BR | 2BR | 3BR | 4BR |
Based on average of Fair Market Rents (FMRs) for 0-4 bedroom residential rental units throughout United States excluding Puerto Rico for calendar year 2025.
Average Rent Prices in Other US States 2025
Rent prices for each state across the United States can greatly vary. Click on a State below to see the specific fair market residential rent prices for that state:
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1Based on average of Fair Market Rents (FMRs) for 0-4 bedroom residential rental units throughout the United States, excluding Puerto Rico.
Methodology
Areas with insufficient inventory or populations less than 25,000 were excluded from this analysis. Averages are based on the combined average of 0-4 bedroom residential rental properties throughout the United States excluding Puerto Rico.
Data
Rent prices are based on aggregated data from one and/or several sources noted below:
Disclaimer
The information included is used for illustrative purposes only. The data contained herein does not constitute financial, legal, or any material advice. Data is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals before making any material decisions.