Markets › Indianapolis
Yearly benchmarkMoves monthlyMoves weeklyNews daily
Indianapolis IN
Current market read
Landlord’s market
ConditionFirm
The yearly data still reads a landlord's market, but the faster monthly signals are easing.
From public data. The situation now, not a forecast.
Renter Google Search InterestGOOGLE · MONTHLY
Rank
No change this month28of 43 metros
Attention, not a verdict. Google searches for apartments to rent.
Momentum · which way it's movingRENT + JOBS · UPDATED MONTHLY
Cooling
Easing lately, job growth has cooled, as of Jun 2026.
VacancyCENSUS · 2024
Share of rentals sitting empty
Asking rentZILLOW ZORI · MONTHLY
+1.7%
▲ Year over year
Older annual rent growth, Census
INDIANAPO
+5.5%
US AVG
+4.7%
Median rentCENSUS · 2024
$1,273/mo
Typical rent, 2024 yearly count
In the news · IndianapolisNEWS · DAILY
Hudson Investing Secures $52M Acquisition Debt, Equity for Indianapolis AssetMilhaus Merges with SRG Residential, Will Acquire Broadshore CapitalDemand vs supplyCENSUS + BLS
Moderate demand
DEMAND
Jobs-1.3%
Migration+1.41/1k
SUPPLY
Permits-14.7%
Vacancy4.2%
Rent vs buyFREDDIE MAC · WEEKLY
+$803/mo
Cheaper to rent than buying
$1,273RENT
$2,076OWN
Net migrationCENSUS · 2024
+1.41/1k
▲ Net inflow of residents
OUTFLOWINFLOW
Census · BLS · FRED · Zillow · news
For information only. Not investment advice. AI-written summaries can make mistakes.