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- $477 Median gross rent, 2018-2022 $967
www.census.gov/quickfacts/fact/table/IN/INC110222
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How much is rent in Indiana in October 2024?
For FY 2022, the Lafayette-West Lafayette, IN HUD Metro FMR Area (Benton County) rent for a studio or efficiency is $734 per month and $1,552 per month to rent a house or an apartment with 4 bedrooms. The average Fair Market Rent for a 2-bedroom home in Indiana is $787 per month.
Indiana ($1,001) has a 17.1% lower FMR for 2-Bedroom housing than the average of the US ($1,208) and therefore has a lower gross rent. Indiana is rank 73rd out of 112 States and territories. This means the FMRs, or in other words, the gross rent is lower than 72 other States and territories.
Oct 27, 2024 · The median rent in Indiana is $1,400. This is $650 less than the national median. Research rental market trends in Indiana. See the average rent, monthly and annual rent changes and compare rental costs across locations.
This rental market report analyzes Q4 2022 data for three-bedroom (3-BR) single-family rental (SFR) properties in these five Indiana cities: Evansville, Fort Wayne, Greenwood, Indianapolis, and Noblesville. Considering home prices, the city with the lowest gross rent multiplier (GRM) in the state of Indiana was Evansville with a GRM of 12.
Sep 9, 2024 · The average rent price in Indiana was $1,190 last month, up $61 month over month.
Apr 1, 2020 · Median household income (in 2022 dollars), 2018-2022: $67,173: Per capita income in past 12 months (in 2022 dollars), 2018-2022: $35,578: Persons in poverty, percent
The table below shows the average Fair Market Rents for each in each state for different size homes and apartments. Browse to a specific FMR area to see exact Fair Market Rent rates. Fair Market Rents are described as the 40th percentile of gross rents for typical, non-substandard rental units occupied by recent movers in a local housing market ...