City Report · IN

Avon

Pop. 23,437·12th most expensive in Indiana·Avon rents are up 6.3% over the past year
Median rent (all units)
$1,837/mo
Year-over-Year
+6.3%
Month-over-Month
-1.5%
vs US Median
-$128
Falling (Monthly)
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Most AffordableMost Expensive
Avon · $1,837
More affordable than 51% of US cities · National median $1,965/mo
Rent Reality Score
65/100
Good value
OverheatedFairGreat value

Rents are 8% below what Avon's 10-year trend predicts — a better deal than its own history suggests.

Actual rent
$1,837/mo
Expected by trend
$1,988/mo
The Rent Reality Score compares today's median rent to where Avon's own long-run trajectory projects it should be. See the full rankings →
Medians by bedroom

Rent by unit size

Studio
$1,190
1 BR
$1,370
2 BR
$1,600
3 BR
$2,080
4 BR+
$2,530
Research median
$1,600/mo

Bedroom estimates are gross rents that include essential utilities (electricity, water, gas, sewer, trash).

Rent trends

12-month history

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Last updated: July 20, 2026

Annual cost
$22,044/yr
At $1,837/mo median
Rent Market Meter
Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are climbing (6.3% YoY), so leverage tilts toward landlords. Act sooner rather than later.
Based on rent-price momentum (+6.3% YoY, -1.5% MoM), not inventory.
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Demographics

Who lives here

Avon, IN is majority owner-occupied, has a median income above the national average, 40% of residents hold a bachelor's degree or higher.

Population
23,437
Median income
$98,486
Median age
37.4
Renters
29.1%
Age distribution
24.3%
20.8%
29.7%
13.6%
Under 1824.3%
18–3420.8%
35–5429.7%
55–6411.6%
65+13.6%
Gender
47.1%
52.9%
Male47.1%
Female52.9%
Race & ethnicity
69.6%
14.1%
White69.6%
Black14.1%
Hispanic7%
Asian4.6%
Other4.6%
Education (25+)
22.1%
29.6%
40%
No HS diploma8.3%
HS diploma22.1%
Some college29.6%
Bachelor's+40%
Housing tenure
70.9%
29.1%
Owner70.9%
Renter29.1%

Source: U.S. Census Bureau · ACS 2024 5-Year Estimates

2021 vs 2026

How Avon, IN has changed in 5 years

Rent
$1,369 → $1,837
up 34.2%
Income
$92,684 → $98,486
up 6.3%
Population
20,848 → 23,437
up 12.4%
Renter share
23.8% → 29.1%
+5.3 pts
Bachelor's+
45.5% → 40%
-5.5 pts
Median age
36.8 → 37.4
+0.6 yrs

The median rent in Avon, IN stood at $1,369 in 2021 and currently runs about $1,837, reflecting a 34.2% increase over the period. Median household income rose from $92,684 to $98,486 between 2021 and 2024, a 6.3% shift. That spread, with rent up faster than earnings, points to a tougher affordability environment than five years ago. The population has grown by 12.4% since 2021, moving from about 20,848 residents to roughly 23,437. Renters now make up 29.1% of households, compared with 23.8% five years ago. College-educated residents now make up 40% of adults here, versus 45.5% in 2021. Taken together, the five-year picture in Avon, IN reflects how housing costs and the people paying them have evolved through a stretch that included a pandemic, a hot rental market, and a recent cooling phase.

Community

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View Avon rent history (2015–2026) →
Salary vs rent

Can you afford rent in Avon on your salary?

At $1,837/mo, how Avon rent compares to typical pay (30% rule).

By apartment size

Avon rent by bedroom count

Median rent for each apartment size in Avon. Click any size for full breakdown.

Local insights

Tips for renters in Avon

About renting in Avon, IN

Last updated: July 20, 2026

The median rent in Avon is $1,837/mo as of July 2026. A studio apartment averages $1,190/mo while a 2-bedroom runs $1,600/mo. One-bedroom apartments average $1,370/mo and 3-bedroom units go for $2,080/mo.

At 22% of local median household income ($98,486/yr), Avon ranks as affordable compared to the national benchmark of 30%. Rents have increased 6.3% over the past year.

FAQ

Frequently asked questions

Is Avon an affordable city for renters?

Avon is considered very affordable for renters. At $1,837/mo, rent takes approximately 22% of the local median household income ($98,486/yr). The standard benchmark is 30%. Avon falls comfortably within that range.

How much income do you need to rent in Avon?

To keep rent at or below 30% of gross income, you would need to earn at least $73,000/year (~$35/hour full-time) to afford the median rent of $1,837/mo in Avon. The local median household income is $98,486/yr, meaning the typical Avon household meets that threshold.

Is rent going up or down in Avon?

Rent in Avon has increased 6.3% over the past year as of July 2026, putting upward pressure on renter budgets.

How does Avon rent compare to other cities in Indiana?

Avon is one of the pricier cities in Indiana for rent, ranking #12 out of 65 tracked cities at $1,837/mo.

Which nearby cities are cheaper to rent in than Avon?

Several nearby cities have lower median rents than Avon ($1,837/mo): Indianapolis ($1,411/mo), Speedway ($1,645/mo), Plainfield ($1,774/mo).

What percentage of Avon residents rent vs. own?

According to Census data, approximately 29.1% of Avon households are renters, while 70.9% are owner-occupied. Avon leans toward homeownership, which can mean a smaller rental inventory.

How does Avon rent compare to the national average?

Avon's median rent of $1,837/mo is $128 (7%) below the US national median of $1,965/mo. Within Indiana, it ranks #12 out of 65 tracked cities.
Income Affordability
22%
VERY AFFORDABLE

At $1,837/mo, rent takes ~22% of Avon's median household income ($98,486/yr). The standard benchmark is 30%.

Avon 22%Benchmark 30%
State income tax3.05%
Run the Avon affordability calculator →
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Neighborhoods

Estimated from ZIP-level data

Schools nearby

Public schools near Avon, IN

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