Indianapolis Q2 2025 Market Report
Research Multifamily Market Reports Indianapolis Q2 2025 MARKET SNAPSHOT Indianapolis q2 2025 DOWNLOAD THE FULL REPORT AVERAGE RENT $1,325 Q2 2025 OCCUPANCY RATE 92.8% Q2 2025 NET ABSORPTION 2,814 H1 2025 ANNUAL RENT CHANGE 2.1% Q2 2025 ANNUAL OCCUPANCY CHANGE 0 BPS Q2 2025 COMPLETIONS 2,324 H1 2025 KEY TAKEAWAYS Indianapolis saw a seasonal boost […]
Indianapolis Q2 2025 Pipeline Report
An interactive look into the Multifamily Construction Pipeline in Q2 for Indianapolis, Indiana
Indianapolis Q1 2025 Market Report
Research Multifamily Market Reports Indianapolis Q1 2025 MARKET SNAPSHOT Indianapolis q1 2025 DOWNLOAD THE FULL REPORT AVERAGE RENT $1,311 Q1 2025 OCCUPANCY RATE 92.6% Q1 2025 QUARTERLY NET ABSORPTION 1,105 Q1 2025 ANNUAL RENT CHANGE 2.0% Q1 2025 ANNUAL OCCUPANCY CHANGE +10 BPS Q1 2025 QUARTERLY COMPLETIONS 387 Q1 2025 KEY TAKEAWAYS Net absorption surged […]
Indianapolis Q1 2025 Pipeline Report
An interactive look into the Multifamily Construction Pipeline in Q1 for Indianapolis, Indiana
2025 Indianapolis Forecast
Research Multifamily Market Reports 2025 Indianapolis Forecast MARKET SNAPSHOT 2025 Indianapolis Forecast 2024 FORECASTED ANNUAL CHANGE 2025 $1,286 Q4 AVG. EFFECTIVE RENT 3.5% FORECASTED ANNUAL CHANGE $1,331 Q4 Avg. Effective Rent 92.6% Q4 AVG. OCCUPANCY +10 BPS FORECASTED ANNUAL CHANGE 92.7% Q4 Avg. Occupancy 6,403 2024 COMPLETIONS 3,045 10 Yr. Avg. Annual Completions 2,545 2025 […]
Indianapolis 3Q 2024 Market Report
Research Multifamily Market Reports Indianapolis 3Q 2024 MARKET SNAPSHOT Indianapolis 3Q 2024 AVERAGE RENT $1,285 3Q 2024 OCCUPANCY RATE 92.7% 3Q 2024 QUARTERLY NET DEMAND 1,186 [YTD: 4,202] YoY RENT CHANGE 2.3% 3Q 2024 YoY OCCUPANCY CHANGE +40 BASIS POINTS QUARTERLY COMPLETIONS 1,141 [YTD: 4,800] KEY TAKEAWAYS While the national average rental rate increased by […]
Indianapolis 3Q 2024
An interactive look into the Multifamily Construction Pipeline in Q3 for Indianapolis, Indiana
Indianapolis 2Q 2024 Report
Indianapolis 2Q 2024 Market Report MARKET SNAPSHOT AVERAGE RENT $1,261 2Q 2024 2Q 2024 RENT CHANGE 2.0% OCCUPANCY RATE 92.8% 2Q 2024 ANNUAL OCCUPANCY CHANGE 0 BASIS POINTS QUARTERLY DEMAND 1,602 [YTD: 2,876] QUARTERLY COMPLETIONS 2,243 [YTD: 3,413] KEY TAKEAWAYS The Indianapolis apartment market witnessed a surge in renter demand in the second quarter with […]
Indianapolis 2Q24
An interactive look into the Multifamily Construction Pipeline in Q2 for Indianapolis, IN
Indianapolis Q1 2024 Report
Indianapolis 1Q 2024 Market Report MARKET SNAPSHOT AVERAGE RENT $1,238 1Q 2024 1Q 2024 RENT CHANGE 2.3% OCCUPANCY RATE 92.2% 1Q 2024 ANNUAL OCCUPANCY CHANGE -40 BASIS POINTS TOTAL OPERATING EXPENSE ANNUAL CHANGE 8.4% (FEB 2024) NET OPERATING INCOME ANNUAL CHANGE 8.1% (FEB 2024) * Please note that these employment figures have been adjusted for […]
Indianapolis 2024 Forecast
Indianapolis 2024 Market Forecast MARKET SNAPSHOT AVERAGE RENT $1,213 4Q 2023 $1,256 4Q 2024 2024 RENT CHANGE* 3.5% OCCUPANCY RATE 92.0% 4Q 2023 91.6% 4Q 2024 2024 OCCUPANCY CHANGE -30 BASIS POINTS EMPLOYMENT** 1.16M 2023 1.18M 2024 UNEMPLOYMENT RATE*** 3.1% 2023 3.8% 2024 * The rent change figure represents the change of the rental rate based on the entire […]
Indianapolis Q3 2023
Indianapolis 3Q23Multifamily Market Report $1,261 average rent 93.9% average occupancy rate $303.6M ytd sales volume 3.2% YoY rent change -2.1 POINTS yoy occupancy change 19 ytd individual transactions Supply & Demand 3Q23 707 Units QUARTERLY DEMANDYTD: 806 1,341 Units QUARTERLY COMPLETIONSYTD: 3,027 Annual Demand vs Completions 2018 4,209 4,020 2019 3,095 3,760 2020 3,604 3,047 […]
Indianapolis Q2 2023
Indianapolis 2Q23 Multifamily Market Report $1,249 average rent 94.2% average occupancy rate $222.8M ytd sales volume 6.1% YoY rent change -2.6 POINTS yoy occupancy change 11 ytd individual transactions Supply & Demand 2Q23 398 Units QUARTERLY DEMAND YTD: -255 677 Units QUARTERLY COMPLETIONS YTD: 1,311 Annual Demand vs Completions 2018 4,209 4,020 2019 3,095 3,760 […]