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 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 […]
Indianapolis Property Management Update: Rental Statistics
The 3rd Quarter statistics are finalized and the numbers are certainly both interesting and encouraging for Indianapolis Landlords. In short, rents are on the rise and days on market are low, indicating a strong demand by Central Indiana residents in search of rental properties.