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City Report · IN

Beech Grove

Pop. 14,913·44th most expensive in Indiana·One of the most affordable rental markets in the US
Median rent (all units)
$1,219/mo
Year-over-Year
Stable
Month-over-Month
+4.3%
vs US Median
-$746
Rising (Monthly)
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Most AffordableMost Expensive
Beech Grove · $1,219
More affordable than 91% of US cities · National median $1,965/mo
Affordability
29% of income
AFFORDABLE
0%30% benchmark60%+

At $1,219/mo, rent takes about 29% of the local median household income, comfortably within the 30% benchmark.

Income to afford
$49,000/yr
Local median income
$49,973/yr
Based on the 30%-of-income rule using Beech Grove's median rent and household income. See the full affordability breakdown →
Medians by bedroom

Rent by unit size

Studio
$890
1 BR
$1,040
2 BR
$1,220
3 BR
$1,590
4 BR+
$1,920
Research median
$1,220/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
$14,628/yr
At $1,219/mo median
Rent Market Meter
Strong Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are up 0.0% year-over-year. Expect competition, and move quickly to lock in terms.
Based on rent-price momentum (+0.0% YoY, +4.3% MoM), not inventory.
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Demographics

Who lives here

Beech Grove, IN is majority owner-occupied, has a large share of families with children, has a median income below the national average, 23.9% of residents hold a bachelor's degree or higher.

Population
14,913
Median income
$49,973
Median age
36.1
Renters
43.8%
Age distribution
27.4%
20.5%
25.3%
16.7%
Under 1827.4%
18–3420.5%
35–5425.3%
55–6410.1%
65+16.7%
Gender
43.2%
56.8%
Male43.2%
Female56.8%
Race & ethnicity
83.9%
White83.9%
Black7.3%
Hispanic4.4%
Asian1.3%
Other3.2%
Education (25+)
35.7%
29.4%
23.9%
No HS diploma11%
HS diploma35.7%
Some college29.4%
Bachelor's+23.9%
Housing tenure
56.2%
43.8%
Owner56.2%
Renter43.8%

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

2021 vs 2026

How Beech Grove, IN has changed in 5 years

Income
$45,345 → $49,973
up 10.2%
Population
15,202 → 14,913
down 1.9%
Renter share
45% → 43.8%
-1.2 pts
Bachelor's+
20.6% → 23.9%
+3.3 pts

Local incomes tracked alongside that move, going from a median of $45,345 in 2021 to $49,973 more recently. Headcount in the area went from 15,202 to 14,913 between 2021 and 2024, a 1.9% change. Educational attainment has shifted as well, with the share of adults holding a bachelor's degree or higher climbed from 20.6% to 23.9%.

Community

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View Beech Grove rent history (2015–2026) →
Salary vs rent

Can you afford rent in Beech Grove on your salary?

At $1,219/mo, how Beech Grove rent compares to typical pay (30% rule).

By apartment size

Beech Grove rent by bedroom count

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

Local insights

Tips for renters in Beech Grove

About renting in Beech Grove, IN

Last updated: July 20, 2026

The median rent in Beech Grove is $1,219/mo as of July 2026. A studio apartment averages $890/mo while a 2-bedroom runs $1,220/mo. One-bedroom apartments average $1,040/mo and 3-bedroom units go for $1,590/mo.

At 29% of local median household income ($49,973/yr), Beech Grove ranks as affordable compared to the national benchmark of 30%. Rent prices have stayed steady over the past year.

FAQ

Frequently asked questions

Is Beech Grove an affordable city for renters?

Beech Grove is considered affordable for renters. At $1,219/mo, rent takes approximately 29% of the local median household income ($49,973/yr). The standard benchmark is 30%. Beech Grove falls comfortably within that range.

How much income do you need to rent in Beech Grove?

To keep rent at or below 30% of gross income, you would need to earn at least $49,000/year (~$24/hour full-time) to afford the median rent of $1,219/mo in Beech Grove. The local median household income is $49,973/yr, meaning the typical Beech Grove household meets that threshold.

Is rent going up or down in Beech Grove?

Rent in Beech Grove has been relatively stable over the past year, with a 0.0% change year over year as of July 2026.

How does Beech Grove rent compare to other cities in Indiana?

Beech Grove is one of the more affordable cities in Indiana for rent, ranking #44 out of 65 tracked cities at $1,219/mo.

What percentage of Beech Grove residents rent vs. own?

According to Census data, approximately 43.8% of Beech Grove households are renters, while 56.2% are owner-occupied. Beech Grove leans toward homeownership, which can mean a smaller rental inventory.

How does Beech Grove rent compare to the national average?

Beech Grove's median rent of $1,219/mo is $746 (38%) below the US national median of $1,965/mo. Within Indiana, it ranks #44 out of 65 tracked cities.
Income Affordability
29%
AFFORDABLE

At $1,219/mo, rent takes ~29% of Beech Grove's median household income ($49,973/yr). The standard benchmark is 30%.

Beech Grove 29%Benchmark 30%
State income tax3.05%
Run the Beech Grove affordability calculator →
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Neighborhoods

Estimated from ZIP-level data

Schools nearby

Public schools near Beech Grove, IN

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