Indianapolis, IN Real Estate Prices per Square Foot
Buy prices, rent prices, historical development and submitted values for Indianapolis, IN.
Average buy price
$150.00 / sqft
Typical residential purchase price per square foot.
Average rent
$1.50 / sqft / month
Monthly rent per square foot.
Median home price
$254,847
Estimated median residential sale price.
Median monthly rent
$1,627
Estimated median rent for the city.
Historical price development
Buy price development
Buy prices have decreased by about 15.2% over the last 5 years.
Rent price development
Rent prices have decreased by about 3.1% over the last 5 years.
Submitted values in Indianapolis
This table includes recent submitted values and individual historical comparable values, so the local price development is easier to compare.
| Date | Type | Property | Price / sqft | Size | Total | Area |
|---|---|---|---|---|---|---|
| 2026-07-04 | Buy | single-family home | $142.00 / sqft | 1,325 sqft | $188,150 | Near Eastside 46201 |
| 2026-07-01 | Rent | single-family home | $1.01 / sqft | 2,260 sqft | $2,283 | Eagle Creek 46254 |
| 2026-06-21 | Rent | apartment | $1.69 / sqft | 760 sqft | $1,284 | SoBro 46220 |
| 2026-06-19 | Rent | townhouse | $1.64 / sqft | 1,210 sqft | $1,984 | Irvington 46219 |
| 2026-06-19 | Buy | single-family home | $132.00 / sqft | 1,945 sqft | $256,740 | Chapel Hill-Ben Davis 46214 |
| 2026-06-16 | Buy | townhouse | $242.00 / sqft | 1,680 sqft | $406,560 | Old Northside 46202 |
| 2026-06-10 | Rent | townhouse | $1.77 / sqft | 1,515 sqft | $2,682 | Fletcher Place 46203 |
| 2026-06-08 | Buy | single-family home | $186.00 / sqft | 2,015 sqft | $374,790 | Butler-Tarkington 46208 |
| 2026-06-07 | Rent | apartment | $1.42 / sqft | 920 sqft | $1,306 | Lawrence 46226 |
| 2026-06-05 | Buy | luxury apartment | $302.00 / sqft | 1,525 sqft | $460,550 | Market East 46204 |
| 2026-05-31 | Buy | condo | $256.00 / sqft | 1,310 sqft | $335,360 | Wholesale District 46204 |
| 2026-05-28 | Buy | single-family home | $156.00 / sqft | 1,685 sqft | $262,860 | Southport 46227 |
| 2026-05-28 | Rent | apartment | $1.78 / sqft | 645 sqft | $1,148 | Near Northside 46205 |
| 2026-05-26 | Rent | apartment | $1.53 / sqft | 585 sqft | $895 | Garfield Park 46203 |
| 2026-05-25 | Buy | single-family home | $173.00 / sqft | 1,435 sqft | $248,255 | Speedway 46224 |
| 2026-05-25 | Rent | single-family home | $1.06 / sqft | 2,140 sqft | $2,268 | Wanamaker 46239 |
| 2026-05-24 | Rent | duplex | $1.28 / sqft | 1,175 sqft | $1,504 | Woodruff Place 46201 |
| 2026-05-24 | Rent | condo | $2.18 / sqft | 930 sqft | $2,027 | Old Northside 46202 |
| 2026-05-21 | Buy | single-family home | $184.00 / sqft | 1,760 sqft | $323,840 | Irvington 46219 |
| 2026-05-20 | Rent | single-family home | $1.19 / sqft | 1,875 sqft | $2,231 | Perry Township 46237 |
| 2026-05-19 | Buy | single-family home | $247.00 / sqft | 2,785 sqft | $687,895 | Nora 46240 |
| 2026-05-14 | Buy | single-family home | $121.00 / sqft | 1,540 sqft | $186,340 | Devington 46226 |
| 2026-05-14 | Rent | townhouse | $1.50 / sqft | 1,360 sqft | $2,040 | Eagle Creek 46254 |
| 2026-05-11 | Buy | condo | $238.00 / sqft | 980 sqft | $233,240 | Downtown Indianapolis 46204 |
| 2026-05-10 | Rent | single-family home | $1.13 / sqft | 1,585 sqft | $1,791 | Martindale-Brightwood 46218 |
| 2026-05-08 | Rent | loft | $2.51 / sqft | 960 sqft | $2,410 | Downtown Indianapolis 46204 |
| 2026-05-07 | Rent | apartment | $2.20 / sqft | 455 sqft | $1,001 | Fall Creek Place 46202 |
| 2026-05-06 | Buy | single-family home | $213.00 / sqft | 1,895 sqft | $403,635 | Fountain Square 46203 |
| 2026-05-06 | Buy | multi-family home | $128.00 / sqft | 3,120 sqft | $399,360 | Holy Cross 46201 |
| 2026-05-06 | Rent | apartment | $1.62 / sqft | 710 sqft | $1,150 | Castleton 46250 |
| 2026-05-02 | Buy | single-family home | $160.00 / sqft | 2,470 sqft | $395,200 | Wanamaker 46239 |
| 2026-04-29 | Buy | condo | $265.00 / sqft | 1,225 sqft | $324,625 | Lockerbie Square 46202 |
| 2026-04-26 | Buy | single-family home | $207.00 / sqft | 2,250 sqft | $465,750 | Meridian-Kessler 46220 |
| 2026-04-24 | Rent | single-family home | $1.34 / sqft | 1,660 sqft | $2,224 | Speedway 46224 |
| 2026-04-24 | Rent | luxury apartment | $2.88 / sqft | 705 sqft | $2,030 | Herron-Morton 46202 |
| 2026-04-23 | Buy | single-family home | $149.00 / sqft | 2,385 sqft | $355,365 | Geist 46236 |
| 2026-04-22 | Buy | multi-family home | $137.00 / sqft | 3,820 sqft | $523,340 | Mapleton-Fall Creek 46205 |
| 2026-04-19 | Rent | apartment | $1.31 / sqft | 1,010 sqft | $1,323 | Chapel Hill-Ben Davis 46214 |
| 2026-04-18 | Rent | condo | $2.05 / sqft | 1,045 sqft | $2,142 | Canal and White River State Park 46204 |
| 2026-04-18 | Rent | luxury apartment | $2.73 / sqft | 835 sqft | $2,280 | Mile Square 46204 |
| 2026-04-16 | Rent | duplex | $1.42 / sqft | 1,095 sqft | $1,555 | Bates-Hendricks 46225 |
| 2026-04-15 | Rent | multi-family home | $1.18 / sqft | 2,400 sqft | $2,832 | Crown Hill 46208 |
| 2026-04-15 | Buy | condo | $219.00 / sqft | 1,080 sqft | $236,520 | Fall Creek Place 46205 |
| 2026-04-11 | Rent | loft | $2.36 / sqft | 880 sqft | $2,077 | Mass Ave 46202 |
| 2026-04-08 | Buy | duplex | $119.00 / sqft | 2,140 sqft | $254,660 | Haughville 46222 |
| 2026-04-08 | Buy | townhouse | $229.00 / sqft | 1,490 sqft | $341,210 | Fletcher Place 46203 |
| 2026-04-07 | Buy | single-family home | $115.00 / sqft | 1,085 sqft | $124,775 | Far East Side 46235 |
| 2026-04-07 | Rent | apartment | $1.82 / sqft | 735 sqft | $1,338 | Nora 46240 |
| 2026-04-07 | Buy | townhouse | $211.00 / sqft | 1,575 sqft | $332,325 | Bates-Hendricks 46225 |
| 2026-04-06 | Buy | single-family home | $198.00 / sqft | 3,110 sqft | $615,780 | Broad Ripple 46220 |
| 2026-03-01 | Rent | apartment | $1.57 / sqft / month | 882 sqft | $1,385 | Broad Ripple 46220 |
| 2026-02-11 | Buy | single-family home | $151.00 / sqft | 1,720 sqft | $259,720 | Speedway 46224 |
| 2025-10-01 | Rent | luxury apartment | $2.65 / sqft / month | 860 sqft | $2,279 | Mile Square 46204 |
| 2025-04-28 | Buy | single-family home | $196.00 / sqft | 2,360 sqft | $462,560 | Meridian-Kessler 46205 |
| 2024-08-15 | Rent | single-family home | $1.25 / sqft / month | 1,940 sqft | $2,425 | Perry Township 46237 |
| 2024-05-14 | Buy | condo | $248.00 / sqft | 1,185 sqft | $293,880 | Lockerbie Square 46202 |
| 2023-11-01 | Rent | townhouse | $1.42 / sqft / month | 1,450 sqft | $2,059 | Bates-Hendricks 46203 |
| 2023-06-02 | Buy | single-family home | $165.00 / sqft | 1,875 sqft | $309,375 | Irvington 46219 |
| 2022-09-15 | Rent | condo | $2.18 / sqft / month | 1,010 sqft | $2,202 | Downtown Indianapolis 46204 |
| 2022-04-21 | Buy | townhouse | $226.00 / sqft | 1,550 sqft | $350,300 | Fountain Square 46203 |
| 2021-10-01 | Rent | apartment | $1.62 / sqft / month | 690 sqft | $1,118 | SoBro 46205 |
| 2021-05-07 | Buy | single-family home | $178.00 / sqft | 2,050 sqft | $364,900 | Broad Ripple 46220 |
| 2020-09-01 | Rent | loft | $2.10 / sqft / month | 880 sqft | $1,848 | Mass Ave 46202 |
| 2020-06-16 | Buy | multi-family home | $111.00 / sqft | 2,980 sqft | $330,780 | Holy Cross 46201 |
| 2019-12-01 | Rent | apartment | $1.48 / sqft / month | 745 sqft | $1,103 | Castleton 46250 |
| 2019-04-03 | Buy | single-family home | $158.00 / sqft | 1,625 sqft | $256,750 | Fletcher Place 46203 |
| 2018-08-15 | Rent | single-family home | $1.05 / sqft / month | 1,810 sqft | $1,901 | Wanamaker 46239 |
| 2018-05-24 | Buy | single-family home | $146.00 / sqft | 2,380 sqft | $347,480 | Nora 46240 |
| 2017-10-01 | Rent | luxury apartment | $1.95 / sqft / month | 810 sqft | $1,580 | Mile Square 46204 |
| 2017-06-08 | Buy | condo | $171.00 / sqft | 1,115 sqft | $190,665 | Old Northside 46202 |
| 2016-11-15 | Rent | townhouse | $1.23 / sqft / month | 1,320 sqft | $1,624 | Eagle Creek 46254 |
| 2016-04-12 | Buy | single-family home | $134.00 / sqft | 1,940 sqft | $259,960 | Butler-Tarkington 46208 |
| 2015-09-01 | Rent | condo | $1.56 / sqft / month | 960 sqft | $1,498 | Canal and White River State Park 46204 |
| 2015-05-19 | Buy | single-family home | $126.00 / sqft | 2,125 sqft | $267,750 | Fall Creek Place 46205 |
| 2014-12-01 | Rent | duplex | $1.05 / sqft / month | 1,100 sqft | $1,155 | Bates-Hendricks 46225 |
| 2014-06-17 | Buy | townhouse | $148.00 / sqft | 1,410 sqft | $208,680 | Fountain Square 46203 |
| 2013-08-01 | Rent | apartment | $1.21 / sqft / month | 700 sqft | $847 | Meridian-Kessler 46220 |
| 2013-04-25 | Buy | single-family home | $95.00 / sqft | 1,515 sqft | $143,925 | Irvington 46219 |
| 2012-10-15 | Rent | single-family home | $0.86 / sqft / month | 1,680 sqft | $1,445 | Lawrence 46226 |
| 2012-05-30 | Buy | condo | $112.00 / sqft | 1,040 sqft | $116,480 | Downtown Indianapolis 46204 |
| 2011-09-01 | Rent | loft | $1.35 / sqft / month | 920 sqft | $1,242 | Mass Ave 46202 |
| 2011-03-18 | Buy | single-family home | $83.00 / sqft | 1,840 sqft | $152,720 | Broad Ripple 46220 |
| 2010-11-01 | Rent | apartment | $1.02 / sqft / month | 780 sqft | $796 | Near Northside 46205 |
| 2010-04-06 | Buy | multi-family home | $52.00 / sqft | 2,600 sqft | $135,200 | Woodruff Place 46201 |
| 2009-08-01 | Rent | townhouse | $0.92 / sqft / month | 1,225 sqft | $1,127 | Castleton 46250 |
| 2009-05-22 | Buy | single-family home | $66.00 / sqft | 1,320 sqft | $87,120 | Bates-Hendricks 46203 |
| 2008-12-15 | Rent | single-family home | $0.76 / sqft / month | 1,550 sqft | $1,178 | Perry Township 46237 |
| 2008-06-28 | Buy | single-family home | $77.00 / sqft | 1,675 sqft | $128,975 | Chapel Hill-Ben Davis 46214 |
| 2007-10-01 | Rent | apartment | $1.15 / sqft / month | 640 sqft | $736 | Mile Square 46204 |
| 2007-04-10 | Buy | condo | $135.00 / sqft | 1,065 sqft | $143,775 | Old Northside 46202 |
| 2006-09-01 | Rent | duplex | $0.83 / sqft / month | 1,080 sqft | $896 | Irvington 46219 |
| 2006-06-21 | Buy | single-family home | $101.00 / sqft | 2,200 sqft | $222,200 | Geist 46236 |
| 2005-12-01 | Rent | condo | $1.22 / sqft / month | 930 sqft | $1,135 | Downtown Indianapolis 46204 |
| 2005-03-15 | Buy | single-family home | $94.00 / sqft | 2,030 sqft | $190,820 | Herron-Morton 46205 |
| 2004-08-01 | Rent | apartment | $0.99 / sqft / month | 715 sqft | $708 | SoBro 46220 |
| 2004-04-26 | Buy | townhouse | $118.00 / sqft | 1,390 sqft | $164,020 | Fletcher Place 46203 |
| 2003-09-15 | Rent | single-family home | $0.70 / sqft / month | 1,450 sqft | $1,015 | Wanamaker 46239 |
| 2003-05-11 | Buy | single-family home | $87.00 / sqft | 1,910 sqft | $166,170 | Nora 46240 |
| 2002-10-01 | Rent | loft | $1.08 / sqft / month | 870 sqft | $940 | Mass Ave 46202 |
| 2002-06-04 | Buy | single-family home | $79.00 / sqft | 1,775 sqft | $140,225 | Butler-Tarkington 46208 |
| 2001-11-01 | Rent | townhouse | $0.72 / sqft / month | 1,180 sqft | $850 | Eagle Creek 46254 |
| 2001-03-19 | Buy | condo | $104.00 / sqft | 980 sqft | $101,920 | Canal and White River State Park 46204 |
| 2000-08-01 | Rent | apartment | $0.86 / sqft / month | 760 sqft | $654 | Castleton 46250 |
| 2000-04-07 | Buy | single-family home | $68.00 / sqft | 1,585 sqft | $107,780 | Fountain Square 46203 |
| 1999-12-01 | Rent | condo | $0.95 / sqft / month | 820 sqft | $779 | Fall Creek Place 46205 |
| 1999-06-30 | Buy | multi-family home | $48.00 / sqft | 2,480 sqft | $119,040 | Holy Cross 46201 |
| 1998-07-15 | Rent | single-family home | $0.58 / sqft / month | 1,280 sqft | $742 | Speedway 46224 |
| 1998-02-23 | Buy | single-family home | $55.00 / sqft | 1,425 sqft | $78,375 | Southport 46227 |
| 1997-09-01 | Rent | apartment | $0.82 / sqft / month | 690 sqft | $566 | Mile Square 46204 |
| 1997-05-16 | Buy | townhouse | $91.00 / sqft | 1,320 sqft | $120,120 | Lockerbie Square 46202 |
| 1996-12-01 | Rent | duplex | $0.56 / sqft / month | 980 sqft | $549 | Bates-Hendricks 46225 |
| 1996-07-27 | Buy | single-family home | $75.00 / sqft | 1,640 sqft | $123,000 | Meridian-Kessler 46220 |
| 1995-10-01 | Rent | apartment | $0.74 / sqft / month | 740 sqft | $548 | Old Northside 46202 |
| 1995-03-09 | Buy | single-family home | $62.00 / sqft | 1,510 sqft | $93,620 | Irvington 46219 |
| 1994-08-01 | Rent | townhouse | $0.67 / sqft / month | 1,050 sqft | $704 | Broad Ripple 46220 |
| 1994-05-20 | Buy | condo | $82.00 / sqft | 910 sqft | $74,620 | Downtown Indianapolis 46204 |
| 1993-11-15 | Rent | single-family home | $0.50 / sqft / month | 1,125 sqft | $563 | Martindale-Brightwood 46218 |
| 1993-06-12 | Buy | duplex | $39.00 / sqft | 1,760 sqft | $68,640 | Haughville 46222 |
| 1992-09-01 | Rent | apartment | $0.61 / sqft / month | 620 sqft | $378 | Garfield Park 46203 |
| 1992-04-18 | Buy | single-family home | $46.00 / sqft | 1,180 sqft | $54,280 | Near Eastside 46201 |
Housing market overview for Indianapolis, IN
The real estate market in Indianapolis, IN can be compared more clearly by looking at price per square foot. Current estimates show an average buy price of $150.00 / sqft and an average rent of $1.50 / sqft / month.
Buyers can use the purchase price per square foot to compare homes, condos and apartments of different sizes. Renters can use monthly rent per square foot to compare different rental listings more accurately.
The reported values on this page show how prices can vary by neighborhood, property type, size and condition. Historical values help explain whether the local market has been rising, stable or cooling.
Frequently asked questions
What is the average home price per square foot in Indianapolis?
The average residential buy price in Indianapolis, IN is $150.00 / sqft based on the current values available on this page.
How much is rent per square foot in Indianapolis?
The average rental price in Indianapolis, IN is $1.50 / sqft / month. Actual rents can vary by neighborhood, property type and building quality.
Are property prices in Indianapolis increasing?
Buy prices have decreased by about 15.2% over the last 5 years. Rent prices have decreased by about 3.1% over the last 5 years. These 5-year trends are based on the available individual historical comparable values.