Best Places to Rent

Indiana

Average Rent

$1,373

+1.3% YoY

Rent Comparison

17.5% Lower

than national average

Population

6.96 Million

in 2022

Metro Areas

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 $2,204
Population 9,423,022
# of Rentals 6,645

Cincinnati Metro Area

Average Rent $1,464
Population 2,317,892
# of Rentals 2,138

Indianapolis Metro Area

Average Rent $1,395
Population 2,197,959
# of Rentals 4,841

Louisville Metro Area

Average Rent $1,236
Population 1,405,003
# of Rentals 2,162

Fort Wayne Metro Area

Average Rent $1,328
Population 466,738
# of Rentals 516

South Bend Metro Area

Average Rent $1,315
Population 325,742
# of Rentals 504

Evansville Metro Area

Average Rent $1,175
Population 272,387
# of Rentals 301

Lafayette-West Lafayette Metro Area

Average Rent $1,645
Population 231,278
# of Rentals 664

Elkhart Metro Area

Average Rent $1,214
Population 207,548
# of Rentals 150

Terre Haute Metro Area

Average Rent $957
Population 168,899
# of Rentals 60

Bloomington Metro Area

Average Rent $1,302
Population 162,530
# of Rentals 319

Muncie Metro Area

Average Rent $1,158
Population 113,230
# of Rentals 94

Michigan City-La Porte Metro Area

Average Rent $1,549
Population 111,053
# of Rentals 184

Columbus Metro Area

Average Rent $1,320
Population 85,422
# of Rentals 75

Kokomo Metro Area

Average Rent $1,296
Population 84,225
# of Rentals 173

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.