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Best Places to Rent

Indiana

Average Rent

$1,328

+1.2% YoY

Rent Comparison

-20.1% Lower

than national average

Population

6.96 Million

in 2022

The state of Indiana is comprised of 15 metropolitan areas with a total population of 6,961,652. Explore Indiana’s metro areas and compare key metrics.

Chicago Metro Area

Average Rent

$2,127

Population

9,423,022

# of Rentals

8,306

Cincinnati Metro Area

Average Rent

$1,435

Population

2,317,892

# of Rentals

2,772

Indianapolis Metro Area

Average Rent

$1,370

Population

2,197,959

# of Rentals

5,015

Louisville Metro Area

Average Rent

$1,226

Population

1,405,003

# of Rentals

2,469

Fort Wayne Metro Area

Average Rent

$1,263

Population

466,738

# of Rentals

619

South Bend Metro Area

Average Rent

$1,325

Population

325,742

# of Rentals

551

Evansville Metro Area

Average Rent

$1,091

Population

272,387

# of Rentals

441

Lafayette-West Lafayette Metro Area

Average Rent

$1,577

Population

231,278

# of Rentals

789

Elkhart Metro Area

Average Rent

$1,303

Population

207,548

# of Rentals

243

Terre Haute Metro Area

Average Rent

$906

Population

168,899

# of Rentals

84

Bloomington Metro Area

Average Rent

$1,344

Population

162,530

# of Rentals

395

Muncie Metro Area

Average Rent

$1,114

Population

113,230

# of Rentals

113

Michigan City-La Porte Metro Area

Average Rent

$1,185

Population

111,053

# of Rentals

49

Columbus Metro Area

Average Rent

$1,309

Population

85,422

# of Rentals

97

Kokomo Metro Area

Average Rent

$1,241

Population

84,225

# of Rentals

209

Average Rent is calculated by averaging the monthly rent of 1 bedroom apartments.

Other States

This information is based on data collected by CoStar Group researchers.