Indianapolis, IN Rent History

138 months of data, 20152026. Source: ZORI (Zillow Observed Rent Index, smoothed seasonally adjusted).

Today (2026-06)
$1,411
1-year change
+5.0%
$67/mo
5-year change
+35.2%
$367/mo
10-year change
+75.3%
$606/mo

Monthly rent trend

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Year-by-year rent in Indianapolis

YearMedian rentYoY changevs 2015
2015$776/mo0.0%
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 $1,411 as of 2026-06 — a change of $640 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 +35.2% ($367 per month). The current median is $1,411.

What has rent in Indianapolis done over the past decade?

Over the past 10 years, median rent in Indianapolis, IN has changed +75.3% ($606 per month). It is now $1,411.

Is rent in Indianapolis going up or down year over year?

Year over year, median rent in Indianapolis, IN has increased +5.0% ($67/mo). Current median: $1,411.

See full rent data for Indianapolis, IN
Methodology: Rent figures use ZORI (Zillow Observed Rent Index) monthly smoothed seasonally-adjusted values for all properties (single family + condo + multifamily). Year-by-year table uses April readings (or nearest available month) for consistency across years. 1-/5-/10-year change uses the same month 2026 as the anchor.