How much does it cost to rent in Noblesville, IN?

As of July 2026, the median monthly rent in Noblesville, IN is $1,716. This figure is based on aggregated data from public sources and community-submitted rents.

Is Noblesville cheaper than other Indiana cities?

Noblesville is one of the pricier cities in Indiana, ranking #18 out of 65 cities tracked at $1,716/mo.

When was Noblesville rent data last updated?

Noblesville rent data reflects July 2026 and was last refreshed on July 20, 2026. RentDataNow refreshes all data monthly using public and private datasets.

Is Noblesville a renter's market or a landlord's market?

Based on RentDataNow's Rent Market Meter, Noblesville is currently a renter's market. Rents are softening (down 0.3% YoY), so renters have negotiating leverage. The meter is derived from rent-price momentum (year-over-year and month-over-month change), not inventory levels.

City Report · IN

Noblesville

Name: Average Rent Prices in Noblesville, IN
Creator: RentDataNow
License: https://rentdatanow.com/terms-of-service

Pop. 73,362·18th most expensive in Indiana·Rental market data updated monthly for Noblesville, IN

Median rent (all units)

$1,716/mo

Year-over-Year

-0.3%

Month-over-Month

-1.6%

vs US Median

-$249

Falling (Monthly)

Be the first to discuss Noblesville rents ↓

Most AffordableMost Expensive

Noblesville · $1,716

More affordable than 60% of US cities · National median $1,965/mo

Rent Reality Score

58/100

Fairly priced

OverheatedFairGreat value

Rents are 4% below what Noblesville's 10-year trend predicts — a better deal than its own history suggests.

Actual rent

$1,716/mo

Expected by trend

$1,788/mo

The Rent Reality Score compares today's median rent to where Noblesville's own long-run trajectory projects it should be. See the full rankings →

Medians by bedroom

Rent by unit size

Studio

$1,050

1 BR

$1,210

2 BR

$1,415

3 BR

$1,840

4 BR+

$2,235

Research median

$1,415/mo

Bedroom estimates are gross rents that include essential utilities (electricity, water, gas, sewer, trash).

Rent trends

12-month history

Loading…

Last updated: July 20, 2026

Annual cost

$20,592/yr

At $1,716/mo median

Rent Market Meter

Renter's Market

Renter's MarketBalancedLandlord's Market

Rents are softening (down 0.3% YoY), so renters have negotiating leverage.

Based on rent-price momentum (-0.3% YoY, -1.6% MoM), not inventory.

Rent check

Is your rent fair?

Compare your rent to the local median.

Demographics

Who lives here

Noblesville, IN is majority owner-occupied, has a large share of families with children, has a median income above the national average, 51.6% of residents hold a bachelor's degree or higher.

Population

73,362

Median income

$104,047

Median age

35.9

Renters

28.8%

Age distribution

26%

22.8%

27.7%

13.8%

Under 1826%

18–3422.8%

35–5427.7%

55–649.7%

65+13.8%

Gender

49.8%

50.2%

Male49.8%

Female50.2%

Race & ethnicity

84.4%

White84.4%

Black5.1%

Hispanic5.7%

Asian3.6%

Other1.2%

Education (25+)

18.9%

26.1%

51.6%

No HS diploma3.4%

HS diploma18.9%

Some college26.1%

Bachelor's+51.6%

Housing tenure

71.2%

28.8%

Owner71.2%

Renter28.8%

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

2021 vs 2026

How Noblesville, IN has changed in 5 years

Rent

$1,308 → $1,716

up 31.2%

Income

$89,258 → $104,047

up 16.6%

Population

68,885 → 73,362

up 6.5%

Renter share

27.5% → 28.8%

+1.3 pts

Bachelor's+

49.9% → 51.6%

+1.7 pts

Median age

34.4 → 35.9

+1.5 yrs

Compared with 2021, rent in Noblesville, IN has climbed by $408 per month, settling near $1,716 after starting the period at $1,308. Census figures show median household income at $104,047 today, compared with $89,258 five years earlier. Rent outpaced income growth by roughly 14.6 percentage points, which means renters are spending a larger slice of each paycheck on housing than they did in 2021. Headcount in the area went from 68,885 to 73,362 between 2021 and 2024, a 6.5% change. The combined trend lines point to a market that has changed measurably from where it stood in early 2021.

Community

Discussions about Noblesville

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View Noblesville rent history (2015–2026) →

Salary vs rent

Can you afford rent in Noblesville on your salary?

At $1,716/mo, how Noblesville rent compares to typical pay (30% rule).

Registered Nurse

Avg $86,922/yr · Rent = 23.7% income

affordable

Elementary School Teacher

Avg $61,714/yr · Rent = 33.4% income

stretched

Police Officer

Avg $71,088/yr · Rent = 29% income

affordable

Software Developer

Avg $127,061/yr · Rent = 16.2% income

very comfortable

Lawyer

Avg $162,352/yr · Rent = 12.7% income

very comfortable

Firefighter

Avg $57,785/yr · Rent = 35.6% income

stretched

Truck Driver

Avg $52,173/yr · Rent = 39.5% income

stretched

Electrician

Avg $64,308/yr · Rent = 32% income

stretched

By apartment size

Noblesville rent by bedroom count

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

Local insights

Tips for renters in Noblesville

About renting in Noblesville, IN

Last updated: July 20, 2026

The median rent in Noblesville is $1,716/mo as of July 2026. A studio apartment averages $1,050/mo while a 2-bedroom runs $1,415/mo. One-bedroom apartments average $1,210/mo and 3-bedroom units go for $1,840/mo.

At 20% of local median household income ($104,047/yr), Noblesville ranks as affordable compared to the national benchmark of 30%. Rents have decreased 0.3% over the past year.

FAQ

Frequently asked questions

Is Noblesville an affordable city for renters?

Noblesville is considered very affordable for renters. At $1,716/mo, rent takes approximately 20% of the local median household income ($104,047/yr). The standard benchmark is 30%. Noblesville falls comfortably within that range.

How much income do you need to rent in Noblesville?

To keep rent at or below 30% of gross income, you would need to earn at least $69,000/year (~$33/hour full-time) to afford the median rent of $1,716/mo in Noblesville. The local median household income is $104,047/yr, meaning the typical Noblesville household meets that threshold.

Is rent going up or down in Noblesville?

Rent in Noblesville has been relatively stable over the past year, with a 0.3% change year over year as of July 2026.

Which Noblesville neighborhoods have the lowest rent?

The most affordable ZIP codes in Noblesville are 46060 ($1,740/mo), and 46062 ($1,783/mo). Citywide, the median rent in Noblesville is $1,716/mo.

How does Noblesville rent compare to other cities in Indiana?

Noblesville is one of the pricier cities in Indiana for rent, ranking #18 out of 65 tracked cities at $1,716/mo.

Which nearby cities are cheaper to rent in than Noblesville?

Several nearby cities have lower median rents than Noblesville ($1,716/mo): Fortville ($1,554/mo), Lawrence ($1,615/mo).

What percentage of Noblesville residents rent vs. own?

According to Census data, approximately 28.8% of Noblesville households are renters, while 71.2% are owner-occupied. Noblesville leans toward homeownership, which can mean a smaller rental inventory.

How does Noblesville rent compare to the national average?

Noblesville's median rent of $1,716/mo is $249 (13%) below the US national median of $1,965/mo. Within Indiana, it ranks #18 out of 65 tracked cities.

Income Affordability

20%

VERY AFFORDABLE

At $1,716/mo, rent takes ~20% of Noblesville's median household income ($104,047/yr). The standard benchmark is 30%.

Noblesville 20%Benchmark 30%

State income tax3.05%

Run the Noblesville affordability calculator →

Nearby cities