Property prices for rent in Indiana region

The average rent price in the Indiana region has had an strong rise in recent months. There has been a strong rise in the rent prices in this region.

$1,070.67
Average price last 6 months
$1.16
Price/sq.feet last 6 months
Average price per sq.feet

The price per sq.feet in Indiana has risen considerably in the last 6 months. During January, the average price per sq.feet was $1.02. In February the price barely changed remaining at $1.07 per sq.feet. In the following two months (March, April) the rent price per sq.feet has increased notably to a 115 %. In the last two months, the price per sq.feet has risen 109 %. This has been obtained by comparing the price $1.12 for the first four months of the sample with regard to the previous 4 months and the price $1.23 per sq.feet for the last two months (May, June).

Average price

When referring to the price in Indiana(region), this has risen considerably in the last 6 months. The average rent price in January is $941. In February the price rose to $1,055. The average price for the following two months (March, April) rose from $998 to $1,118.5. During the last two months the average price has not gone through any changes and has gone from $1,058.25 to $1,095.5 during May and June.

Average price per bedrooms

The graph displaying the the average rent price per number of bedrooms shows that those with 2 bedrooms are the most affordable ones. They are 6 % cheaper than the average price in Indiana followed by those with 1 with an average price of $1,131. The most expensive properties have 4 bedrooms. They are 59 % more expensive than the average followed by those properties with 3 bedrooms priced at $1,279.

Based on the average price per sq.feet those properties with 3 bedrooms are the most affordable ones with a price of $0.93 / sq.feet being $1.34 / sq.feet the average for Indiana. The properties with the highest average price are those with 1 bedroom. These are 26 % more expensive than the average followed by those with 4 bedrooms with a price of $1.12 / sq.feet.

Price per property type

The graph displaying the average rent price according to the property type shows "House" as the most affordable one. With an average cost of $1,101 it is 19 % cheaper than the average in Indiana. This is followed by "" with a cost of $1,043. The most expensive property type is "Land" and is 35 % more costly than the average, followed by "Condo" with a cost of $1,211.

Based upon the average cost per sq.feet the most affordable property type is "Land with a an average price of $0.94 / sq.feet, followed by "House" with a price of $1.23 / sq.feet. "House" with an average price of $1.23 / sq.feet is the most affordable type of property followed by "Land" at a price of $0.94 / sq.feet.

Charts data
Average price June
Average price per sq.feet June
Number of properties used in region Indiana
$1,101
$1.34
47,594
** Graph's data with null or zero value are due to there isn't enough data available to get a reliable value
Brand New Home In Indianapolis, In. 3 Bed, 2 Bath
 3
Brand New Home In Indianapolis, In. 3 Bed, 2 Bath
$217,990
Indianapolis, Indiana - For Sale - House - 1,685 sq.feet - 3 bedrooms - 2 bathrooms
This new construction, quick delivery home is the bradford plan by arbor homes, llc, and is located in the community of the autumn woods at 12236 country side...
Brand New Home In Indianapolis, In. 3 Bed, 2 Bath
 24
Brand New Home In Indianapolis, In. 3 Bed, 2 Bath
$275,300
Indianapolis, Indiana - For Sale - House - 1,986 sq.feet - 3 bedrooms - 3 bathrooms
This new construction, quick delivery home is the caden plan by david weekley homes, and is located in the community of the residences at lawrence village at...
Brand New Home In Carmel, In. 3 Bed, 2 Bath
 14
Brand New Home In Carmel, In. 3 Bed, 2 Bath
$388,990$389,806
Carmel, Indiana - For Sale - House - 2,162 sq.feet - 3 bedrooms - 3 bathrooms
This new construction, quick delivery home is the vinton plan by david weekley homes, and is located in the community of the gramercy west 31' cottages at 933...
Brand New Home In Westfield, In. 3 Bed, 2 Bath
 30
Brand New Home In Westfield, In. 3 Bed, 2 Bath
$284,990
Westfield, Indiana - For Sale - House - 1,720 sq.feet - 3 bedrooms - 3 bathrooms
This new construction, quick delivery home is the embassy plan by david weekley homes, and is located in the community of the suffolk at oak manor at 17356...
3 Bed, 2 Bath New Home Plan In Fort Wayne, In
 23
3 Bed, 2 Bath New Home Plan In Fort Wayne, In
$237,700
Fort Wayne, Indiana - For Sale - House - 2,044 sq.feet - 3 bedrooms - 3 bathrooms
This to-be-built home is the dover plan by d.R. Horton, and is located in the community of the coves of hawks ridge. This single family plan home is priced...