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Best Places to Rent

Indiana

Average Rent

$1,299

+1.9% YoY

Rent Comparison

-20.4% 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

$2,055

Population

9,222,166

# of Rentals

7,671

Cincinnati Metro Area

Average Rent

$1,390

Population

2,269,934

# of Rentals

2,953

Indianapolis Metro Area

Average Rent

$1,348

Population

2,145,055

# of Rentals

6,160

Louisville Metro Area

Average Rent

$1,182

Population

1,366,506

# of Rentals

2,357

Fort Wayne Metro Area

Average Rent

$1,078

Population

459,407

# of Rentals

558

South Bend Metro Area

Average Rent

$1,374

Population

323,206

# of Rentals

448

Evansville Metro Area

Average Rent

$1,011

Population

270,909

# of Rentals

268

Lafayette-West Lafayette Metro Area

Average Rent

$1,422

Population

228,182

# of Rentals

846

Elkhart Metro Area

Average Rent

$1,333

Population

206,795

# of Rentals

148

Terre Haute Metro Area

Average Rent

$958

Population

168,324

# of Rentals

112

Bloomington Metro Area

Average Rent

$1,327

Population

161,187

# of Rentals

550

Muncie Metro Area

Average Rent

$921

Population

111,948

# of Rentals

44

Michigan City-La Porte Metro Area

Average Rent

$1,023

Population

111,386

# of Rentals

46

Columbus Metro Area

Average Rent

$1,199

Population

84,271

# of Rentals

119

Kokomo Metro Area

Average Rent

$888

Population

83,500

# of Rentals

83

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.