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Best Places to Rent

Indiana

Average Rent

$1,318

+1.4% YoY

Rent Comparison

-19.0% Lower

than national average

Population

6.96 Million

in 2022

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

$2,118

Population

9,423,022

# of Rentals

8,341

Cincinnati Metro Area

Average Rent

$1,423

Population

2,317,892

# of Rentals

3,187

Indianapolis Metro Area

Average Rent

$1,357

Population

2,197,959

# of Rentals

5,753

Louisville Metro Area

Average Rent

$1,213

Population

1,405,003

# of Rentals

2,640

Fort Wayne Metro Area

Average Rent

$1,285

Population

466,738

# of Rentals

784

South Bend Metro Area

Average Rent

$1,405

Population

325,742

# of Rentals

635

Evansville Metro Area

Average Rent

$1,005

Population

272,387

# of Rentals

375

Lafayette-West Lafayette Metro Area

Average Rent

$1,435

Population

231,278

# of Rentals

1,013

Elkhart Metro Area

Average Rent

$1,268

Population

207,548

# of Rentals

112

Terre Haute Metro Area

Average Rent

$933

Population

168,899

# of Rentals

97

Bloomington Metro Area

Average Rent

$1,357

Population

162,530

# of Rentals

738

Muncie Metro Area

Average Rent

$882

Population

113,230

# of Rentals

105

Michigan City-La Porte Metro Area

Average Rent

$1,155

Population

111,053

# of Rentals

41

Columbus Metro Area

Average Rent

$1,303

Population

85,422

# of Rentals

114

Kokomo Metro Area

Average Rent

$886

Population

84,225

# 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.