Rent Calculator for Indiana (2026)
Indiana (IN) Key Facts
Average 1 B R Rent
$900
Average 2 B R Rent
$1,170
Annual Rent Growth Rate
2-4%
Rent Control Exists
No
Average Annual Rent (1 B R)
$10,800
How This Calculator Works in Indiana
This rent calculator helps you estimate your total annual rental costs in Indiana, including base rent, utilities, renter's insurance, and other fees. It uses Indiana's average rent data as a starting point and lets you customize the inputs for your specific apartment. Use it to compare rental options and budget for the true cost of renting.
Indiana Overview
Average rents in Indiana are approximately $900/month for a 1-bedroom and $1,170/month for a 2-bedroom. Indiana does not have statewide rent control, so landlords can raise rent by any amount at lease renewal with proper notice. Factor in state income taxes when assessing how much rent you can afford in Indiana.
How Indiana Compares
Indiana's average 1BR rent of $900 is below the national average of roughly $1,200. Neighboring Illinois has an average 1BR rent of $1,200, higher than Indiana. States with major metro areas and tight housing markets tend to have the highest rents nationwide.
| State | Top Rate | Notes |
|---|---|---|
| Illinois | $1,200 | Average 1BR rent is $1,200 per month and 2BR rent is approximately $1,560. No statewide rent control. |
| Ohio | $900 | Average 1BR rent is $900 per month and 2BR rent is approximately $1,170. No statewide rent control. |
| Michigan | $950 | Average 1BR rent is $950 per month and 2BR rent is approximately $1,235. No statewide rent control. |
The average 1BR rent in Indiana is $900 per month, compared to the national average of approximately $1,200. Indiana rents are below the national average. Indiana does not have statewide rent control.
Tips for Indiana Residents
- 1Average rent in Indiana is approximately $900/month for a 1-bedroom and $1,170/month for a 2-bedroom. Use these as benchmarks when evaluating whether a listing is fairly priced.
- 2Indiana does not have statewide rent control, so landlords can raise rent by any amount at lease renewal with proper notice.
- 3Follow the 30% rule: aim to spend no more than 30% of your gross monthly income on rent. In Indiana, a $900/month apartment requires a gross income of about $36,000 per year.
- 4Before signing a lease in Indiana, clarify what is included—utilities, parking, laundry, and pet policies can significantly affect your total monthly housing cost.
- 5Account for state income taxes in Indiana when assessing whether a rental fits your budget. Your net pay, not gross, determines what you can comfortably afford.
Frequently Asked Questions
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