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Best Places to Rent

Indiana

Average Rent

$1,329

+1.7% YoY

Rent Comparison

-19.2% 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

$2,149

Population

9,423,022

# of Rentals

8,757

Cincinnati Metro Area

Average Rent

$1,429

Population

2,317,892

# of Rentals

2,925

Indianapolis Metro Area

Average Rent

$1,370

Population

2,197,959

# of Rentals

5,196

Louisville Metro Area

Average Rent

$1,225

Population

1,405,003

# of Rentals

2,452

Fort Wayne Metro Area

Average Rent

$1,231

Population

466,738

# of Rentals

699

South Bend Metro Area

Average Rent

$1,297

Population

325,742

# of Rentals

627

Evansville Metro Area

Average Rent

$1,127

Population

272,387

# of Rentals

395

Lafayette-West Lafayette Metro Area

Average Rent

$1,564

Population

231,278

# of Rentals

944

Elkhart Metro Area

Average Rent

$1,253

Population

207,548

# of Rentals

161

Terre Haute Metro Area

Average Rent

$961

Population

168,899

# of Rentals

86

Bloomington Metro Area

Average Rent

$1,365

Population

162,530

# of Rentals

548

Muncie Metro Area

Average Rent

$856

Population

113,230

# of Rentals

88

Michigan City-La Porte Metro Area

Average Rent

$1,148

Population

111,053

# of Rentals

36

Columbus Metro Area

Average Rent

$1,330

Population

85,422

# of Rentals

108

Kokomo Metro Area

Average Rent

$1,254

Population

84,225

# of Rentals

149

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.