MSA
Average Rent in Indianapolis-Carmel, IN MSA
Indianapolis-Carmel, IN MSA is a metropolitan area in United States. It ranks #366 out of 967 for places to rent. Indianapolis-Carmel, IN MSA is in
the state of
Indiana. Dwellsy has rental data for Indianapolis-Carmel, IN MSA also includes 17 counties, 6 congressional districts, 76 zip codes, and 38 cities with places to rent.The average rent over the last 3 months for places in Indianapolis-Carmel, IN MSA is $1,444 which represents an increase of 1.95% over the same period.
The most expensive zip code in Indianapolis-Carmel, IN MSA to rent places is 46216 with an average rent of $3,469. The least expensive zip code in Indianapolis-Carmel, IN MSA to rent places is 47872 with an average rent of $590.
The most expensive city in Indianapolis-Carmel, IN MSA to rent places is Greensburg, IN with an average rent of $3,091. The least expensive city in Indianapolis-Carmel, IN MSA to rent places is Rockville, IN with an average rent of $590.
Rental Price Comparison
The average rent for places in msa Indianapolis-Carmel, IN MSA currently stands at $1,444.
In comparison, places in the largest zip, specifically 46202, is less expensive, with an average rent of $1,142. This represents a difference of -21% when compared to Indianapolis-Carmel, IN MSA.
Meanwhile, in the largest city of Indianapolis, the average rent for the same type of housing is $1,336, showing a less expensive of -7% from our subject location.
On a national scale, the average rent for a similar places across the United States is $1,868. This constitutes a more expensive by +29% when compared to the rent in Indianapolis-Carmel, IN MSA.
$1,444
Indianapolis-Carmel, IN MSA
VS$1,142
-21%
46202, zip
$1,336
-7%
Indianapolis, city
$1,868
+29%
USA, us
Average price for rental listings over the last 3 months. Last updated May 31 2026
Cities in Indianapolis-Carmel, IN MSA
Top 10 by Average Rent for places
Greensburg, IN$3,091
New Palestine, IN$2,399
McCordsville, IN$2,283
Bargersville, IN$2,260
Westfield, IN$2,019
Pittsboro, IN$2,005
Monrovia, IN$1,994
Cicero, IN$1,983
Camby, IN$1,975
Fishers, IN$1,965
Cheapest 10 by Average Rent for places
Shelbyville, IN$1,294
Lebanon, IN$1,239
Arcadia, IN$1,225
Beech Grove, IN$1,204
Greencastle, IN$1,179
Roachdale, IN$1,139
Nashville, IN$1,100
North Salem, IN$1,025
Wilkinson, IN$695
Rockville, IN$590
