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Best Places to Rent

Indiana

Average Rent

$1,323

+2.8% YoY

Rent Comparison

-19.2% Lower

than national average

Population

6.87 Million

in 2022

The state of Indiana is comprised of 15 metropolitan areas with a total population of 6,871,692. Explore Indiana’s metro areas and compare key metrics.

Chicago Metro Area

Average Rent

$2,280

Population

9,222,166

# of Rentals

8,105

Cincinnati Metro Area

Average Rent

$1,482

Population

2,269,934

# of Rentals

2,689

Indianapolis Metro Area

Average Rent

$1,371

Population

2,145,055

# of Rentals

6,699

Louisville Metro Area

Average Rent

$1,251

Population

1,366,506

# of Rentals

2,181

Fort Wayne Metro Area

Average Rent

$1,113

Population

459,407

# of Rentals

512

South Bend Metro Area

Average Rent

$1,410

Population

323,206

# of Rentals

391

Evansville Metro Area

Average Rent

$1,018

Population

270,909

# of Rentals

402

Lafayette-West Lafayette Metro Area

Average Rent

$1,449

Population

228,182

# of Rentals

374

Elkhart Metro Area

Average Rent

$1,265

Population

206,795

# of Rentals

62

Terre Haute Metro Area

Average Rent

$922

Population

168,324

# of Rentals

104

Bloomington Metro Area

Average Rent

$1,294

Population

161,187

# of Rentals

247

Muncie Metro Area

Average Rent

$939

Population

111,948

# of Rentals

26

Michigan City-La Porte Metro Area

Average Rent

$1,100

Population

111,386

# of Rentals

23

Columbus Metro Area

Average Rent

$1,388

Population

84,271

# of Rentals

108

Kokomo Metro Area

Average Rent

$871

Population

83,500

# of Rentals

81

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.