city image

Best Places to Rent

Indiana

Average Rent

$1,287

+2.8% YoY

Rent Comparison

-21.5% 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

$2,039

Population

9,222,166

# of Rentals

8,071

Cincinnati Metro Area

Average Rent

$1,460

Population

2,269,934

# of Rentals

2,658

Indianapolis Metro Area

Average Rent

$1,346

Population

2,145,055

# of Rentals

6,077

Louisville Metro Area

Average Rent

$1,196

Population

1,366,506

# of Rentals

2,244

Fort Wayne Metro Area

Average Rent

$1,090

Population

459,407

# of Rentals

498

South Bend Metro Area

Average Rent

$1,382

Population

323,206

# of Rentals

325

Evansville Metro Area

Average Rent

$983

Population

270,909

# of Rentals

362

Lafayette-West Lafayette Metro Area

Average Rent

$1,313

Population

228,182

# of Rentals

357

Elkhart Metro Area

Average Rent

$1,351

Population

206,795

# of Rentals

143

Terre Haute Metro Area

Average Rent

$925

Population

168,324

# of Rentals

106

Bloomington Metro Area

Average Rent

$1,214

Population

161,187

# of Rentals

322

Muncie Metro Area

Average Rent

$910

Population

111,948

# of Rentals

32

Michigan City-La Porte Metro Area

Average Rent

$1,128

Population

111,386

# of Rentals

37

Columbus Metro Area

Average Rent

$1,265

Population

84,271

# of Rentals

117

Kokomo Metro Area

Average Rent

$874

Population

83,500

# of Rentals

82

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.