December 7, 2021

The subject of today’s snapshot is for the neighborhood Downtown, Indianapolis, Indiana. Based on our analysis, Indianapolis’s year-over-year average rents increased across all bedroom types.

Our standard neighborhood analysis uses a 12-month “LookBack” to establish an average baseline rent. The results from the 12-month LookBack analysis are presented in the tables below for Indianapolis 1-2 bedroom rents from December 1, 2020 – December 1, 2021:

As the table shows, 1BR units increased by 17% from last year or $185 more, and 2BR units increased by 16% or $255 more. As demonstrated by the table, year-over-year performance for all selected bedroom types increased.

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This article was written by the Rentometer Content Team. The Rentometer Blog features fresh takes and insights on rental housing topics, services, and technology. 

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