Indianapolis, IN
885,860Residents
$66,219Median household income
$1,156/moMedian gross rent
$224,800Median home value
34.3Median age
35%Adults with a bachelor’s degree or higher
56%Homes lived in by their owners
3.4×Home value to household income
Median rent takes about 21% of the median household income in Indianapolis.
What pay do you need to rent here?
To keep rent at or below 30% of gross pay, you would need about $46,000 a year. In Indiana that leaves roughly $3,147 a month after tax. See the full paycheck breakdown for $45,000.
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Source: Census ACS 2024 ACS 5-year, places. Small places carry larger margins of error.