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Best Places to Rent

Indiana

Average Rent

$1,290

+1.9% YoY

Rent Comparison

-20.9% 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

$2,013

Population

9,222,166

# of Rentals

7,989

Cincinnati Metro Area

Average Rent

$1,396

Population

2,269,934

# of Rentals

2,985

Indianapolis Metro Area

Average Rent

$1,335

Population

2,145,055

# of Rentals

6,241

Louisville Metro Area

Average Rent

$1,187

Population

1,366,506

# of Rentals

2,269

Fort Wayne Metro Area

Average Rent

$1,096

Population

459,407

# of Rentals

480

South Bend Metro Area

Average Rent

$1,361

Population

323,206

# of Rentals

416

Evansville Metro Area

Average Rent

$966

Population

270,909

# of Rentals

330

Lafayette-West Lafayette Metro Area

Average Rent

$1,432

Population

228,182

# of Rentals

702

Elkhart Metro Area

Average Rent

$1,313

Population

206,795

# of Rentals

147

Terre Haute Metro Area

Average Rent

$930

Population

168,324

# of Rentals

108

Bloomington Metro Area

Average Rent

$1,274

Population

161,187

# of Rentals

331

Muncie Metro Area

Average Rent

$928

Population

111,948

# of Rentals

39

Michigan City-La Porte Metro Area

Average Rent

$1,090

Population

111,386

# of Rentals

49

Columbus Metro Area

Average Rent

$1,190

Population

84,271

# of Rentals

132

Kokomo Metro Area

Average Rent

$917

Population

83,500

# of Rentals

77

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.