Indianapolis Property Management Update: Rental Statistics Q1, 2023
The beginning of 2023 has shown promise in the rental market. Last quarter we saw a small drop in the rental costs, but throughout the first quarter of 2023, we saw those numbers increase to the highest they’ve been. To start off the new year, rent prices are at an average of $1,450 in Indianapolis. […]
Indianapolis Property Management Update: Rental Statistics Q4, 2022
The housing market in 2022 certainly kept everyone on their toes. We experienced rises in both home prices and interest rates, before property numbers began to level out in quarter four. Unlike the drastic changes in the real estate market, the rental market kept a more gradual growth until it entered the fourth quarter where […]
Indianapolis Property Management Update: Rental Statistics Q3, 2022
With the real estate market experiencing all kinds of changes and unrest on the sales front, the rental market in Central Indiana kept plugging right along during this year’s third quarter. Like several quarters before it, the third quarter saw a new record for average rents in Indianapolis. Indy posted an average rent of $1,388, […]
Indianapolis Property Management Update: Rental Statistics Q2, 2022
The Central Indiana rental market continued down a familiar path during this year’s second quarter. Once again, Indianapolis set a record for rents in Quarter 2, as it punched a weighty $1,362 average rent, according to numbers generated from our local MLS system. That’s up from $1,358 in Quarter 1 and significantly higher than the […]
