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 […]
Indianapolis Property Management Update: Rental Statistics Q1, 2022
Inflation anyone? Yes, you’ve seen the increased gas prices, the increased food prices and, if you are involved in residential real estate, the increased home prices and rental rates. We’ve been talking about it for a while now… rental prices here in Central Indiana, due to a lack of overall inventory and a strong demand, […]
Indianapolis Property Management Update: Rental Statistics Q4, 2021
If you are a regular reader of this blog, you know we’ve discussed the supply chain issues, labor shortage, and inflationary factors that are impacting the Central Indiana Landlords. In some cases, it’s hard to track down needed materials for turnover work, and we’re definitely seeing an increase in costs – labor, supplies, etc. – […]
INDIANAPOLIS PROPERTY MANAGEMENT UPDATE: RENTAL STATISTICS Q3, 2021
As we enter the final quarter of 2021, the Central Indiana rental market continues to show strength. If you are a regular reader of this blog, you may remember that the 2nd quarter of 2021 saw some record numbers in terms of: 1. Average rents (highest on record)2. Number of overall homes leased (the lowest […]
