Indianapolis, IN Rent History
141 months of data, 2015–2026. Source: ZORI (Zillow Observed Rent Index, smoothed seasonally adjusted).
Today (2026-09)
$1,375
1-year change
+2.6%
$35/mo
5-year change
+29.2%
$311/mo
10-year change
+73.8%
$584/mo
Monthly rent trend
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Year-by-year rent in Indianapolis
| Year | Median rent | YoY change | vs 2015 |
|---|---|---|---|
| 2015 | $761/mo | — | 0.0% |
| 2016 | $782/mo | +2.8% | +2.8% |
| 2017 | $812/mo | +3.8% | +6.7% |
| 2018 | $845/mo | +4.1% | +11.0% |
| 2019 | $884/mo | +4.6% | +16.2% |
| 2020 | $935/mo | +5.8% | +22.9% |
| 2021 | $1,011/mo | +8.1% | +32.9% |
| 2022 | $1,136/mo | +12.4% | +49.3% |
| 2023 | $1,212/mo | +6.7% | +59.3% |
| 2024 | $1,267/mo | +4.5% | +66.5% |
| 2025 | $1,329/mo | +4.9% | +74.6% |
| 2026 | $1,355/mo | +2.0% | +78.1% |
Frequently asked questions
How much has rent in Indianapolis changed since 2015?
Median rent in Indianapolis, IN was $756 in 2015-01 and is $1,375 as of 2026-09 — a change of $619 per month over 11 years.
How much has Indianapolis rent increased in the last 5 years?
Over the past 5 years, median rent in Indianapolis, IN has changed +29.2% ($311 per month). The current median is $1,375.
What has rent in Indianapolis done over the past decade?
Over the past 10 years, median rent in Indianapolis, IN has changed +73.8% ($584 per month). It is now $1,375.
Is rent in Indianapolis going up or down year over year?
Year over year, median rent in Indianapolis, IN has increased +2.6% ($35/mo). Current median: $1,375.