Indiana rent guide
Average Rent in Indiana by City (July 2026)
Data as of Jun 9, 2026 · 472 rentals across 63 Indiana cities
A one-bedroom in Indiana rents for about $1,099 a month right now, the median across the 301 one-beds we’re tracking. We use the median on purpose: the new downtown Indianapolis and Carmel builds pull the “average” up and tell you nothing about a normal lease in Fort Wayne, Evansville or Terre Haute, which run well below it.
Studio
$1,034
typical / mo
1 bed
$1,099
typical / mo
2 bed
$1,212
typical / mo
3 bed
$1,595
typical / mo
The statewide figure masks Indiana’s split: a studio saves only about $65/mo over a one-bedroom, so the one-bed is usually the better deal. Going from a one-bed to a two-bed runs about $113 more a month, so a roommate makes a two-bedroom the per-person winner.
Typical rent by city, lowest first
Sorted by each city’s overall median, so the value markets (Fort Wayne, Evansville, Terre Haute) are up top and the Indianapolis north suburbs at the bottom. Find yours, then check the one-bed and two-bed columns for the size you’re after.
| # | City | Typical | 1 bed | 2 bed | Listings |
|---|---|---|---|---|---|
| 1 | Evansville | $906 | $899 | $1,069 | 20 |
| 2 | Terre Haute | $925 | $810 | $925 | 7 |
| 3 | Muncie | $940 | - | $933 | 5 |
| 4 | Lafayette | $1,014 | $1,000 | $1,899 | 11 |
| 5 | Elkhart | $1,034 | $850 | - | 8 |
| 6 | Indianapolis | $1,050 | $1,029 | $1,146 | 159 |
| 7 | Bloomington | $1,059 | $1,000 | $1,290 | 27 |
| 8 | Clarksville | $1,066 | $928 | - | 8 |
| 9 | Lawrenceburg | $1,072 | - | $1,175 | 5 |
| 10 | West Lafayette | $1,099 | $1,567 | $967 | 7 |
| 11 | Columbus | $1,099 | $1,088 | $1,299 | 7 |
| 12 | Greenwood | $1,133 | $1,159 | - | 12 |
| 13 | New Albany | $1,175 | $1,078 | $1,192 | 9 |
| 14 | Hammond | $1,195 | $1,120 | - | 7 |
| 15 | Mishawaka | $1,199 | $1,135 | - | 11 |
| 16 | Fort Wayne | $1,203 | $1,151 | $1,360 | 18 |
| 17 | South Bend | $1,204 | $1,202 | $1,050 | 13 |
| 18 | Jeffersonville | $1,210 | $1,195 | $1,225 | 14 |
| 19 | Merrillville | $1,250 | $1,202 | $1,319 | 11 |
| 20 | Fishers | $1,270 | $1,270 | - | 10 |
| 21 | Valparaiso | $1,313 | $1,313 | - | 7 |
| 22 | Plainfield | $1,400 | $1,429 | - | 5 |
| 23 | Goshen | $1,410 | - | $1,410 | 5 |
| 24 | Carmel | $1,479 | $1,541 | - | 17 |
How to read these numbers
“Typical” is the median across every unit we track in that city. The per-bedroom columns are the median for that floor plan, shown only once a city has at least three listed. We include cities with five or more live listings and leave out single rooms and senior housing. Everything refreshes when our data does (last updated Jun 9, 2026).
Frequently asked questions
What is the average rent in Indiana?
The median one-bedroom is about $1,099/mo right now; studios run ~$1,034, two-beds ~$1,212, and three-beds ~$1,595. We use the median, not the mean, so the new downtown Indianapolis and Carmel towers don't skew it. Indiana is one of the more affordable states we cover, with the mid-size industrial cities cheapest of all.
Is a studio cheaper than a 1-bedroom in Indiana?
A bit. The median studio runs about $65/mo under a one-bedroom; in many cities they overlap, so when they're within about $100 the one-bed usually wins.
How much more is a 2-bedroom than a 1-bedroom in Indiana?
About $113/mo more statewide. If splitting with a roommate is even a possibility, a two-bedroom usually beats renting a one-bed alone on a per-person basis.
More rent guides
Indiana · Rankings
The Cheapest Cities to Rent in Indiana
Every Indiana city ranked by entry and median rent, from value markets like Fort Wayne, Evansville and Terre Haute to the pricey Indianapolis north suburbs (Carmel, Fishers, Zionsville).
National · Rent data
How Much Each Extra Bedroom Costs, by State
The real rent ladder studio→3-bed in each state, and the quirk where a studio costs more than a one-bed.
California · Rent data
Average Rent in California by City
What renters actually pay: median rent in every city we track, broken down by bedroom, studio through three-bed.
Texas · Rent data
Average Rent in Texas by City
What renters actually pay in Texas: median rent in every city we track, by bedroom. Plus why a studio there can cost more than a one-bed.
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