Homes & Apartments for Rent in Ellettsville, IN 47429

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What to Know About

Life in Ellettsville & Beyond

Ellettsville shares many of the great qualities that make Indiana a desirable place to live.

Indiana is where the past meets the present, and the great outdoors is right at your fingertips. Get to know the rich cultural heritage of this Midwestern gem by visiting incredible museums like the Eiteljorg Museum of American Indians and Western Art, or check out the top universities like Purdue University and Indiana University. Indiana is a hub of economic activity, with its thriving manufacturing, agriculture, and transportation industries.

The state also offers plenty of opportunities for those seeking adventure and excitement. From exploring the beautiful state parks to fishing in its many lakes and rivers, Indiana is a nature-lovers paradise from the Hoosier National Forest to the Ohio River. And for sports fans, check out the Indianapolis Colts (NFL) and Indiana Pacers (NBA) or catch a game at universities like Purdue or Indiana. In addition, discover famous attractions like the Indianapolis Motor Speedway, home of the world-famous Indianapolis 500 race, the Children's Museum of Indianapolis, and the historic town of Brown County.

With its strong economy, quality education, and lively atmosphere, Indiana is the perfect place to live.

Rental Market Trends

Ellettsville, IN

As of October 2026, Ellettsville's rental market is competitive, with strong renter demand causing quick leasing times for well-priced units. Ellettsville's average rent is 27.6% ($350) higher than the Indiana average of $1,270 and 10.9% ($199) lower than the U.S. average of $1,819.

Average Rent
$1,620
Monthly ChangeMonth Over Month Change
Decreased2.2% ($37)
Yearly ChangeYear Over Year Change
Increased56.2% ($583)
Avg. Days on MarketAverage Days on Market
29
Unit Type Average Rent Monthly ChangeMonth Over Month Change Yearly ChangeYear Over Year Change
1 Bed $1,253 Decreased2.2% ($28) Increased40.3% ($360)
2 Beds $1,496 Decreased0.2% ($3) Increased39.4% ($423)
3 Beds $2,027 Decreased2% ($42) Increased45.5% ($634)
Nearby Cities Average Rent Avg. Rent vs. EllettsvilleAverage Rent vs. Ellettsville Avg. Days on MarketAverage Days on Market
Bloomington $1,693 Increased4.5% ($73) 27 days
Martinsville $1,175 Decreased27.5% ($445) 29 days
Rental market trends are calculated using listing data from RentalSource.
Frequently Asked Questions
Ellettsville Rental Market FAQs

Explore rental prices, market conditions, and affordability in Ellettsville, IN.

The average rent in Ellettsville, IN is $1,620 per month.
In Ellettsville, the average rent for a 1-bedroom home is $1,253 per month, for a 2-bedroom home, $1,496 per month, and a 3-bedroom home is $2,027 per month.
The average rent in Ellettsville is 10.9% ($199) lower than the national average of $1,819 per month.
The rental market in Ellettsville, IN, is currently competitive, with strong renter demand causing quick leasing times for well-priced units.
Based on the current averages, a household would need an annual income of $59,840 to comfortably afford a 2-bedroom home in Ellettsville.
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