Rent Trends / IN
Rent Trends in Indiana: 2015 to 2026
Yearly Zillow Observed Rent Index (ZORI) for 82 cities in Indiana. The average across tracked cities is $1,408/month in 2026, up from $864 in 2015 (+63.0%). That sits $557 below (-28.3% vs) the U.S. typical rent of $1,965.
Last updated: July 19, 2026
Source: Zillow Observed Rent Index (ZORI) · Jan snapshots for 2015–2025; 2026 column = June 2026 release · U.S. typical rent $1,965 (June 2026)
What the Indiana rent trend shows
This page follows market rents in Indiana from 2015 through mid-2026 using the same Zillow ZORI vintage for every city in the table. State figures below are simple averages of the tracked cities — useful for comparing places inside Indiana and stacking the state against the published U.S. typical rent ($1,965/month in June 2026, up from $1,362 in January 2019 on our national series).
Since 2023, the tracked-city average in Indiana has risen from about $1,261 to $1,408 (+11.7%). That is the post-spike path — not a full reset to mid-2010s rents. The latest year step (2025 → 2026) is +3.2% ($1,364 → $1,408).
Within the state, long-run winners and losers split by city. The largest percentage increase from the earliest reading to 2026 is South Bend (+107.9%, $630 → $1,310). 11 of 82 tracked cities are higher than their 2015 (or earliest) level.
For the national rent story, see the Rent Index. Statewide maps live on Rent by State. Full city database: Rent by City.
City-level breakdown in Indiana
Lowest 2026 rents
- New Castle — $756
- Frankfort — $763
- Richmond — $870
- Huntington — $875
- Marion — $913
Highest 2026 rents
- Cedar Lake — $2,349
- McCordsville — $2,180
- Whitestown — $2,117
- Pendleton — $2,068
- Granger — $2,024
Full list with every year from 2015–2026 is in the sortable table below.
All Indiana cities — yearly rent table
| City | Metro | '15 | '16 | '17 | '18 | '19 | '20 | '21 | '22 | '23 | '24 | '25 | '26 | % Chg |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Indianapolis | $774 | $799 | $816 | $859 | $897 | $936 | $1,017 | $1,124 | $1,227 | $1,279 | $1,349 | $1,411 | +82.3% | |
| Fort Wayne | $676 | $701 | $717 | $756 | $788 | $815 | $873 | $1,022 | $1,094 | $1,135 | $1,201 | $1,281 | +89.5% | |
| Evansville | $561 | $578 | $599 | $617 | $644 | $680 | $715 | $797 | $842 | $905 | $963 | $1,038 | +85.0% | |
| South Bend | $630 | $648 | $662 | $716 | $754 | $769 | $867 | $1,008 | $1,087 | $1,163 | $1,236 | $1,310 | +107.9% | |
| Bloomington | $884 | $895 | $926 | $957 | $999 | $1,042 | $1,092 | $1,165 | $1,310 | $1,352 | $1,404 | $1,444 | +63.3% | |
| Lafayette | $703 | $724 | $746 | $761 | $803 | $822 | $881 | $927 | $1,045 | $1,142 | $1,181 | $1,234 | +75.5% | |
| Elkhart | — | — | — | — | — | — | — | — | — | $1,005 | $1,074 | $1,174 | +16.8% | |
| Fishers | $1,163 | $1,185 | $1,172 | $1,204 | $1,272 | $1,303 | $1,387 | $1,520 | $1,652 | $1,702 | $1,767 | $1,883 | +61.9% | |
| Carmel | $1,144 | $1,176 | $1,180 | $1,231 | $1,244 | $1,292 | $1,357 | $1,551 | $1,635 | $1,679 | $1,679 | $1,854 | +62.1% | |
| Terre Haute | — | — | — | — | — | — | $703 | $763 | $859 | $886 | $934 | $995 | +41.5% | |
| Greenwood | $1,008 | $1,016 | $1,028 | $1,062 | $1,075 | $1,130 | $1,235 | $1,358 | $1,428 | $1,500 | $1,556 | $1,609 | +59.6% | |
| Muncie | — | — | — | $553 | $587 | $606 | $659 | $719 | $777 | $814 | $873 | $973 | +75.9% | |
| Valparaiso | — | — | — | — | — | — | — | $1,255 | $1,348 | $1,383 | $1,477 | $1,550 | +23.5% | |
| Noblesville | $1,017 | $1,035 | $1,035 | $1,089 | $1,110 | $1,152 | $1,247 | $1,401 | $1,481 | $1,570 | $1,668 | $1,716 | +68.7% | |
| Gary | — | — | — | — | — | — | $832 | $963 | $1,055 | $1,124 | $1,232 | $1,366 | +64.2% | |
| Columbus | — | — | — | — | $942 | $959 | $1,013 | $1,126 | $1,187 | $1,238 | $1,319 | $1,399 | +48.5% | |
| Kokomo | — | — | — | $572 | $581 | $628 | $641 | $729 | $774 | $867 | $973 | $1,009 | +76.4% | |
| West Lafayette | — | — | $1,075 | $1,127 | $1,141 | $1,198 | $1,233 | $1,358 | $1,546 | $1,680 | $1,734 | $1,841 | +71.3% | |
| Hammond | — | — | — | — | $938 | $980 | $1,079 | $1,169 | $1,222 | $1,303 | $1,371 | $1,479 | +57.7% | |
| Crown Point | — | — | — | — | — | — | — | — | — | $1,642 | $1,696 | $1,795 | +9.3% | |
| Mishawaka | — | — | — | — | — | — | — | — | $1,137 | $1,165 | $1,228 | $1,285 | +13.0% | |
| Goshen | — | — | — | — | — | — | — | — | — | — | $893 | $1,029 | +15.2% | |
| Anderson | — | — | — | — | — | — | $683 | — | $864 | $936 | $985 | $1,054 | +54.3% | |
| New Albany | — | — | — | — | — | — | — | — | $1,027 | $1,110 | $1,164 | $1,204 | +17.2% | |
| Lawrence | $939 | $956 | $973 | $1,000 | $1,030 | $1,079 | $1,161 | $1,296 | $1,398 | $1,461 | $1,530 | $1,615 | +72.0% | |
| La Porte | — | — | — | — | — | — | — | — | — | — | — | $1,127 | +0.0% | |
| Jeffersonville | — | — | — | — | — | — | — | $1,118 | $1,208 | $1,245 | $1,294 | $1,310 | +17.2% | |
| Richmond | — | — | — | — | — | — | — | — | — | — | — | $870 | +0.0% | |
| Marion | — | — | — | — | — | — | — | — | — | — | — | $913 | +0.0% | |
| Avon | — | — | — | — | $1,182 | $1,234 | $1,322 | $1,473 | $1,539 | $1,629 | $1,725 | $1,837 | +55.4% | |
| Brownsburg | — | — | — | — | — | — | $1,466 | $1,597 | $1,726 | $1,791 | $1,872 | $2,006 | +36.8% | |
| Merrillville | — | — | — | — | — | — | — | $1,292 | $1,279 | $1,378 | $1,483 | $1,550 | +20.0% | |
| Westfield | — | — | — | — | — | — | $1,395 | $1,641 | $1,748 | $1,830 | $1,867 | $1,986 | +42.4% | |
| Portage | — | — | — | — | — | — | — | — | $1,249 | $1,351 | $1,417 | $1,512 | +21.1% | |
| Newburgh | — | — | — | — | — | — | — | — | — | — | $1,496 | $1,632 | +9.1% | |
| Plainfield | — | — | — | — | — | — | $1,256 | $1,418 | $1,554 | $1,610 | $1,685 | $1,774 | +41.2% | |
| Warsaw | — | — | — | — | — | — | — | — | — | — | $1,021 | $1,084 | +6.2% | |
| Franklin | — | — | $1,048 | $1,083 | $1,101 | $1,157 | $1,263 | $1,403 | $1,517 | $1,596 | $1,654 | $1,808 | +72.5% | |
| Seymour | — | — | — | — | — | — | — | — | — | — | — | $1,175 | +0.0% | |
| Greenfield | — | — | — | — | — | — | — | $1,258 | $1,374 | $1,433 | $1,468 | $1,584 | +25.9% | |
| Zionsville | — | — | — | — | — | — | — | $1,517 | $1,547 | $1,646 | $1,735 | $1,825 | +20.3% | |
| Martinsville | — | — | — | — | — | — | — | — | — | — | — | $1,148 | +0.0% | |
| Granger | — | — | — | — | — | — | — | — | — | — | — | $2,024 | +0.0% | |
| Hobart | — | — | — | — | — | — | — | — | — | — | — | $1,376 | +0.0% | |
| Michigan City | — | — | — | — | — | — | — | — | $874 | — | $945 | $1,114 | +27.5% | |
| New Castle | — | — | — | — | — | — | — | — | — | — | $771 | $756 | -1.9% | |
| Shelbyville | — | — | — | — | — | — | — | — | — | — | — | $1,110 | +0.0% | |
| Logansport | — | — | — | — | — | — | — | — | — | — | — | $995 | +0.0% | |
| Huntington | — | — | — | — | — | — | — | — | — | — | — | $875 | +0.0% | |
| Crawfordsville | — | — | — | — | — | — | — | — | — | — | $881 | $954 | +8.3% | |
| East Chicago | — | — | — | — | — | — | — | — | — | $904 | $944 | $1,019 | +12.7% | |
| Frankfort | — | — | — | — | — | — | — | — | — | — | — | $763 | +0.0% | |
| Munster | — | — | — | — | — | — | — | — | — | — | — | $1,922 | +0.0% | |
| Highland | — | — | — | — | — | — | — | — | — | $1,374 | $1,443 | $1,557 | +13.3% | |
| Jasper | — | — | — | — | — | — | — | — | — | — | — | $1,450 | +0.0% | |
| Lebanon | — | — | — | — | — | — | — | — | — | — | — | $1,775 | +0.0% | |
| Auburn | — | — | — | — | — | — | — | — | — | — | — | $972 | +0.0% | |
| Clarksville | — | — | — | — | — | — | — | — | — | — | — | $1,242 | +0.0% | |
| Griffith | — | — | — | — | — | — | — | — | — | — | — | $1,390 | +0.0% | |
| Brazil | — | — | — | — | — | — | — | — | — | — | — | $1,025 | +0.0% | |
| Lowell | — | — | — | — | — | — | — | — | — | — | — | $1,861 | +0.0% | |
| Angola | — | — | — | — | — | — | — | — | — | — | — | $1,060 | +0.0% | |
| Speedway | — | — | — | — | — | — | — | — | — | — | — | $1,645 | +0.0% | |
| Sellersburg | — | — | — | — | — | — | — | — | — | — | — | $1,303 | +0.0% | |
| Pendleton | — | — | — | — | — | — | — | — | — | — | — | $2,068 | +0.0% | |
| Danville | — | — | — | — | — | — | — | — | — | — | — | $1,779 | +0.0% | |
| Charlestown | — | — | — | — | — | — | — | — | — | — | — | $1,636 | +0.0% | |
| Cedar Lake | — | — | — | — | — | — | — | — | — | — | — | $2,349 | +0.0% | |
| Beech Grove | — | — | — | — | — | — | — | — | — | — | — | $1,219 | +0.0% | |
| Chesterton | — | — | — | — | — | — | — | — | — | — | — | $1,393 | +0.0% | |
| Whiting | — | — | — | — | — | — | — | — | — | — | — | $1,253 | +0.0% | |
| Lake Station | — | — | — | — | — | — | — | — | — | — | — | $1,450 | +0.0% | |
| Tell City | — | — | — | — | — | — | — | — | — | — | — | $1,065 | +0.0% | |
| Princeton | — | — | — | — | — | — | — | — | — | — | — | $1,050 | +0.0% | |
| McCordsville | — | — | — | — | — | — | — | — | — | — | $1,915 | $2,180 | +13.8% | |
| Alexandria | — | — | — | — | — | — | — | — | — | — | — | $931 | +0.0% | |
| Syracuse | — | — | — | — | — | — | — | — | — | — | — | $1,700 | +0.0% | |
| Delphi | — | — | — | — | — | — | — | — | — | — | — | $1,065 | +0.0% | |
| Bargersville | — | — | — | — | — | — | — | — | — | — | — | $1,539 | +0.0% | |
| Whitestown | — | — | — | — | — | — | — | — | — | $1,907 | $1,920 | $2,117 | +11.0% | |
| Fortville | — | — | — | — | — | — | — | — | — | — | — | $1,554 | +0.0% | |
| Winona Lake | — | — | — | — | — | — | — | — | — | — | — | $1,208 | +0.0% |
Click any column header to sort · % Chg uses earliest available year → 2026
Frequently asked questions — Indiana rent
Is Indiana cheap to rent in 2026?
Yes — relative to the national market. The average rent across 82 tracked Indiana cities is about $1,408/month, which is $557 below (-28.3% vs) the U.S. typical rent of $1,965. That is a city-average in our sample, not a single statewide ZORI print, but it is a clear signal that Indiana screens cheaper than the U.S. typical $1,965.
What city in Indiana has the cheapest rent?
Among cities in our ZORI sample, New Castle is the lowest at about $756/month (2026). Other lower-rent cities include Frankfort ($763), Richmond ($870), Huntington ($875).
What city in Indiana has the most expensive rent?
Cedar Lake leads our sample at about $2,349/month in 2026, followed by McCordsville ($2,180) and Whitestown ($2,117).
How much have rents in Indiana changed since 2015?
Across tracked cities, the average moved from about $864 in 2015 to $1,408 in 2026 (+63.0%). 11 of 82 cities are higher than their earliest reading in this series; the largest percentage jump is South Bend (+107.9%).
Are rents in Indiana still rising year over year?
From 2025 to 2026, the average across tracked Indiana cities went from about $1,364 to $1,408 (+3.2%). Since 2023 ($1,261), that is +11.7%. Individual cities can diverge — sort by % Chg or compare the '25 and '26 columns.
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