Indianapolis, IN Rent History
139 months of data, 2015–2026. Source: ZORI (Zillow Observed Rent Index, smoothed seasonally adjusted).
Today (2026-07)
$1,416
1-year change
+5.2%
$70/mo
5-year change
+34.2%
$361/mo
10-year change
+75.5%
$609/mo
Monthly rent trend
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Year-by-year rent in Indianapolis
| Year | Median rent | YoY change | vs 2015 |
|---|---|---|---|
| 2015 | $776/mo | — | 0.0% |
| 2016 | $798/mo | +2.8% | +2.8% |
| 2017 | $828/mo | +3.8% | +6.7% |
| 2018 | $862/mo | +4.1% | +11.1% |
| 2019 | $901/mo | +4.5% | +16.1% |
| 2020 | $953/mo | +5.8% | +22.8% |
| 2021 | $1,028/mo | +7.9% | +32.5% |
| 2022 | $1,159/mo | +12.7% | +49.4% |
| 2023 | $1,236/mo | +6.6% | +59.3% |
| 2024 | $1,292/mo | +4.5% | +66.5% |
| 2025 | $1,333/mo | +3.2% | +71.8% |
| 2026 | $1,381/mo | +3.6% | +78.0% |
Frequently asked questions
How much has rent in Indianapolis changed since 2015?
Median rent in Indianapolis, IN was $771 in 2015-01 and is $1,416 as of 2026-07 — a change of $645 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 +34.2% ($361 per month). The current median is $1,416.
What has rent in Indianapolis done over the past decade?
Over the past 10 years, median rent in Indianapolis, IN has changed +75.5% ($609 per month). It is now $1,416.
Is rent in Indianapolis going up or down year over year?
Year over year, median rent in Indianapolis, IN has increased +5.2% ($70/mo). Current median: $1,416.