Indianapolis-Carmel-Greenwood, IN Metro Area: Median Gross Rent Trend
How Indianapolis-Carmel-Greenwood, IN Metro Area'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
$859
2023
$1,142
Total change
+$283
% change
+32.9%
| Year | Median Gross Rent | Change |
|---|---|---|
| 2017 | $859 | — |
| 2019 | $916 | +$57 (6.6%) |
| 2020 | $936 | +$20 (2.2%) |
| 2021 | $987 | +$51 (5.4%) |
| 2022 | $1,081 | +$94 (9.5%) |
| 2023 | $1,142 | +$61 (5.6%) |