Market Summary

Indianapolis, Marion County, IN

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Median Home Price Price

$224,316 $224.3K

Median Monthly Rent Rent

$1,412 $1.4K

GRM

13.0x

GRM = Median Home Price divided by annual rent.

Price = Median Home Price.

Rent = Median Monthly Rent.

Similar markets within Marion County

Region Price Rent GRM Display
$222,274 $1,232 15.0x
$189,314 $1,320 12.0x
$261,643 $1,250 17.0x

Home prices

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Monthly rent

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GRM

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Similar markets within IN outside of Marion County

Region Price Rent GRM Display
$131,243 $1,025 11.0x
$326,788 $1,359 20.0x
$287,311 $2,191 11.0x
$236,370 $1,497 13.0x

Home prices

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Monthly rent

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GRM

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Similar markets outside of IN

Region Price Rent GRM Display
$145,814 $1,066 11.0x
$185,671 $1,061 15.0x
$324,205 $2,983 9.0x
$340,791 $1,394 20.0x
$340,337 $1,377 21.0x
$141,798 $1,180 10.0x
$379,106 $1,335 24.0x
$798,350 $1,402 47.0x
$345,515 $1,458 20.0x
$149,821 $1,016 12.0x
$484,429 $1,381 29.0x
$142,087 $1,141 10.0x
$444,945 $1,336 28.0x
$138,477 $1,299 9.0x
$334,248 $2,001 14.0x
$141,881 $1,046 11.0x
$350,101 $1,430 20.0x
$289,418 $2,115 11.0x
$276,293 $1,890 12.0x
$184,422 $1,167 13.0x
$462,532 $1,429 27.0x
$146,262 $1,571 8.0x
$206,156 $1,022 17.0x
$321,315 $2,408 11.0x
$456,895 $1,369 28.0x
$240,768 $1,224 16.0x
$261,015 $1,858 12.0x
$646,370 $1,391 39.0x
$421,427 $3,038 12.0x
$193,437 $1,091 15.0x
$518,581 $1,355 32.0x

Home prices

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Monthly rent

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GRM

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Indianapolis

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Trend Insights

Median Rent in Indianapolis, IN is $1,412, with MoM change +$10 and YoY change +$53 pointing to positive momentum while volatility is low (std $11).

Benchmark Markets Side by Side

Search a market to benchmark rent, price, YoY, and price-to-rent against Indianapolis, IN.

Skip the spreadsheet work. Search a market to see side-by-side deltas.
Metric
Base market Indianapolis, IN
Compare market Select a market
Delta vs base
Median rent
$1,412
N/A
Median price
$224,316
N/A
YoY change
+$53
N/A
Price-to-rent
13.2x
Data unavailable
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