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

Indiana

As of August 2025, Indiana's rental market is competitive, with strong renter demand causing quick leasing times for well-priced units. Indiana's average rent is 30.3% ($543) lower than the U.S. average of $1,790.

Average Rent

$1,247

Monthly ChangeMonth Over Month Change

1.3% ($16)

Yearly ChangeYear Over Year Change

5.8% ($77)

Avg. Days on MarketAverage Days on Market

Unit Type	Average Rent	Monthly ChangeMonth Over Month Change	Yearly ChangeYear Over Year Change
1 Bed	$1,113	1.3% ($14)	1.4% ($15)
2 Beds	$1,297	0.9% ($12)	2.1% ($27)
3 Beds	$1,621	2% ($32)	8.1% ($142)

Top Markets in Indiana	Average Rent	Avg. Rent vs. INAverage Rent vs. Indiana	Avg. Days on MarketAverage Days on Market
Indianapolis	$1,244	0.2% ($3)	32 days
Bloomington	$1,724	38.3% ($477)	51 days
Fort Wayne	$1,216	2.5% ($31)	36 days
Muncie	$910	27% ($337)	66 days
Lafayette	$1,342	7.6% ($95)	29 days

Rental market trends are calculated using listing data from RentalSource.

Frequently Asked Questions

Indiana Rental Market FAQs

Explore rental prices, market trends, and availability in Indiana.

What is the average rent in Indiana?

The average rent in Indiana is $1,247 per month.

What is the rental price range for houses in Indiana?

Houses in Indiana typically rent for between $779 and $2,107 per month, with an average of $1,247 per month.

What is the average rent for different bedroom sizes in Indiana?

In Indiana, the average rent for a 1-bedroom house is $1,113 per month, for a 2-bedroom house, $1,297 per month, and a 3-bedroom house is $1,621 per month.

How do rent prices in Indiana compare with the national average?

The average rent in Indiana is 30.3% ($543) lower than the national average of $1,790 per month.

How have rent prices in Indiana changed recently?

The average rent in Indiana has decreased by 1.3% ($16) in the last month and decreased by 5.8% ($77) over the past year.

How competitive is the rental market in Indiana?

The rental market in Indiana, is currently competitive, with strong renter demand causing quick leasing times for well-priced units.

How long do rentals stay on the market in Indiana?

In Indiana, the average rental stays on the market for approximately 31 days. While most properties are rented within this timeframe, factors like seasonality, demand, and property type can affect how quickly a rental leases.

Can I afford to rent a house in Indiana?

Based on the current averages, a household would need an annual income of $51,880 to comfortably afford a 2-bedroom house in Indiana.