Indianapolis city (balance): Median Gross Rent Trend
How Indianapolis city (balance)'s median gross rent changed from 2017 to 2023, based on U.S. Census Bureau ACS 5-Year Estimates. The 2019 vintage reflects the pre-COVID peak; 2021 captures the immediate COVID-era disruption; 2022–2023 show the recovery.
2017
$840
2023
$1,112
Total change
+$272
% change
+32.4%
| Year | Median Gross Rent | Change |
|---|---|---|
| 2017 | $840 | — |
| 2019 | $892 | +$52 (6.2%) |
| 2020 | $911 | +$19 (2.1%) |
| 2021 | $962 | +$51 (5.6%) |
| 2022 | $1,046 | +$84 (8.7%) |
| 2023 | $1,112 | +$66 (6.3%) |