RentDataNowRentDataNow
City Report · IN

Beech Grove

Pop. 14,913·42nd most expensive in Indiana·One of the most affordable rental markets in the US
Median rent (all units)
$1,258/mo
Year-over-Year
Stable
Month-over-Month
+3.2%
vs US Median
-$704
Rising (Monthly)
Be the first to discuss Beech Grove rents ↓
Most AffordableMost Expensive
Beech Grove · $1,258
More affordable than 90% of US cities · National median $1,962/mo
Affordability
30% of income
MODERATE
0%30% benchmark60%+

At $1,258/mo, rent takes about 30% of the local median household income, slightly above the 30% benchmark.

Income to afford
$50,000/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
Fair Market Rent (HUD)
$1,220/mo

These are HUD Fair Market Rents, the payment standard for a Housing Choice Voucher (Section 8). They often differ from the $1,258 market median above, and that is expected: FMR is the 40th percentile of standard-quality units and counts gross rent, so it includes essential utilities such as electricity, water, gas, sewer, and trash. The market median is asking rent, which usually excludes utilities. HUD sets FMR once a year; market rent here updates monthly.

Source: HUD Small Area Fair Market Rents. Read the methodology →

Rent trends

12-month history

Loading…

Last updated: August 17, 2026

Annual cost
$15,096/yr
At $1,258/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, +3.2% MoM), not inventory.
Rent check

Is your rent fair?

Compare your rent to the local median.

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

Discussions about Beech Grove

No discussions yet. Start the conversation.

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

Can you afford rent in Beech Grove on your salary?

At $1,258/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: August 17, 2026

The median rent in Beech Grove is $1,258/mo as of August 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 30% of local median household income ($49,973/yr), Beech Grove ranks as moderate 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 moderate for renters. At $1,258/mo, rent takes approximately 30% of the local median household income ($49,973/yr). The standard benchmark is 30%. Beech Grove slightly exceeds that threshold, so budgeting carefully matters here.

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 $50,000/year (~$24/hour full-time) to afford the median rent of $1,258/mo in Beech Grove. The local median household income is $49,973/yr, meaning the typical Beech Grove household falls short of 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 August 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 #42 out of 62 tracked cities at $1,258/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 $1,258/mo is $704 (36%) below the US national median of $1,962/mo. Within Indiana, it ranks #42 out of 62 tracked cities.
Income Affordability
30%
MODERATE

At $1,258/mo, rent takes ~30% of Beech Grove's median household income ($49,973/yr). The standard benchmark is 30%.

Beech Grove 30%Benchmark 30%
State income tax3.05%
Run the Beech Grove affordability calculator →
Lowest-rent ZIP codes in Beech Grove
Compare

How does this area stack up?

Pick another city or ZIP to compare.

Neighborhoods

Estimated from ZIP-level data

Schools nearby

Public schools near Beech Grove, IN

Recent submissions

Be the first to submit your rent for Beech Grove.

Recent discussions

No discussions yet.

Add RentDataNow as a preferred source on Google