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

Summitville, IN

As of August 2025, Summitville's rental market is competitive, with strong renter demand causing quick leasing times for well-priced units. Summitville's average rent is 36.3% ($453) lower than the Indiana average of $1,247 and 55.6% ($996) lower than the U.S. average of $1,790.

Average Rent

$794

Monthly ChangeMonth Over Month Change

2.3% ($19)

Yearly ChangeYear Over Year Change

No change

Avg. Days on MarketAverage Days on Market

Unit Type	Average Rent	Monthly ChangeMonth Over Month Change	Yearly ChangeYear Over Year Change
1 Bed	$747	0.8% ($6)	No change
2 Beds	$850	2.6% ($23)	No change
3 Beds	$1,032	8.7% ($98)	No change

Nearby Cities	Average Rent	Avg. Rent vs. SummitvilleAverage Rent vs. Summitville	Avg. Days on MarketAverage Days on Market
Elwood	$1,051	32.4% ($257)	33 days
Yorktown	$1,625	104.7% ($831)	66 days
Marion	$941	18.5% ($147)	33 days
Anderson	$1,032	30% ($238)	38 days
Muncie	$910	14.6% ($116)	66 days

Rental market trends are calculated using listing data from RentalSource.

Frequently Asked Questions

Summitville Rental Market FAQs

Explore rental prices, market trends, and availability in Summitville, IN.

What is the average rent in Summitville, IN?

The average rent in Summitville, IN is $794 per month.

What is the rental price range for homes in Summitville, IN?

Homes in Summitville typically rent for between $600 and $1,342 per month, with an average of $794 per month.

What is the average rent for different bedroom sizes in Summitville, IN?

In Summitville, the average rent for a 1-bedroom home is $747 per month, for a 2-bedroom home, $850 per month, and a 3-bedroom home is $1,032 per month.

How do rent prices in Summitville, IN compare with the national average?

The average rent in Summitville is 55.6% ($996) lower than the national average of $1,790 per month.

How competitive is the rental market in Summitville, IN?

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

How long do rentals stay on the market in Summitville, IN?

In Summitville, IN, the average rental stays on the market for approximately 32 days. While most properties are rented within this timeframe, factors like seasonality, demand, and property type can affect how quickly a rental leases.

How many rental properties are available in Summitville, IN?

There is currently 1 rental property available in Summitville, IN.

Can I afford to rent a home in Summitville, IN?

Based on the current averages, a household would need an annual income of $34,000 to comfortably afford a 2-bedroom home in Summitville.