Indianapolis Property Management Update: Rental Statistics Q4 2023

In the fourth quarter, a significant shift occurred as Indianapolis managed to break free from the 50+ days on market (DOM) curse that has persisted. October and November witnessed a refreshing change, with the City experiencing mid-to low 40s in terms of DOM for the first time in 2023. However, things took a turn in […]

Indianapolis Property Management Update: Rental Statistics Q3 2023

Days on Market continues to be the big elephant in the room. For three consecutive quarters, Indianapolis has seen DOM at or above 50 days. That’s painful. But there is a smidge of good news: After hitting a record high 55 DOM, Indy posted 50 DOM in Quarter 3. Not great progress, but some progress […]

Indianapolis Property Management Update: Rental Statistics Q2, 2023

As anticipated, Quarter 2 has continued the trend of rising rental prices and an increase in the number of homes rented.  Rental costs throughout Q2 had an average increase from the previous quarter of $1,887 to $1,947. However, noticeable increases in cities such as Fishers, Westfield, and Anderson show increases well over $100 from the […]

Indianapolis Property Management Update: Rental Statistics Q2, 2022

Rental update Quarter 2 of 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 […]

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