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Best Places to Rent

Indiana

Average Rent

$1,292

+1.8% YoY

Rent Comparison

-20.8% 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

$2,012

Population

9,222,166

# of Rentals

7,922

Cincinnati Metro Area

Average Rent

$1,439

Population

2,269,934

# of Rentals

2,716

Indianapolis Metro Area

Average Rent

$1,343

Population

2,145,055

# of Rentals

6,236

Louisville Metro Area

Average Rent

$1,186

Population

1,366,506

# of Rentals

2,263

Fort Wayne Metro Area

Average Rent

$1,091

Population

459,407

# of Rentals

488

South Bend Metro Area

Average Rent

$1,372

Population

323,206

# of Rentals

408

Evansville Metro Area

Average Rent

$974

Population

270,909

# of Rentals

342

Lafayette-West Lafayette Metro Area

Average Rent

$1,435

Population

228,182

# of Rentals

691

Elkhart Metro Area

Average Rent

$1,315

Population

206,795

# of Rentals

147

Terre Haute Metro Area

Average Rent

$934

Population

168,324

# of Rentals

105

Bloomington Metro Area

Average Rent

$1,273

Population

161,187

# of Rentals

329

Muncie Metro Area

Average Rent

$928

Population

111,948

# of Rentals

39

Michigan City-La Porte Metro Area

Average Rent

$1,111

Population

111,386

# of Rentals

46

Columbus Metro Area

Average Rent

$1,197

Population

84,271

# of Rentals

129

Kokomo Metro Area

Average Rent

$910

Population

83,500

# of Rentals

71

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.