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Indianapolis, IN
Full City Profile · Indiana · Marion County County
3.3
/5.0
B
Good
882,043
Population
2,443/sq mi density
$62,995
Median Income
$36,194 per capita
$207,000
Home Value
$226,528 Zillow
$1,112
Median Rent
30.5% income on rent
55°F
Avg Temperature
275 sunny days/yr
1,255
Violent Crime/100K
4,823 property/100K
B
Overall
3.3 / 5.0
Good overall score based on economy, affordability, safety and education
B+
Economy
3.7 / 5.0
$62,995 median income, 3.5% unemployment
A+
Affordability
4.8 / 5.0
$207,000 home value, $1,112/mo rent
F
Safety
1.0 / 5.0
1,255 violent crimes/100K (230% above avg)
B+
Education
3.7 / 5.0
34.2% bachelor's degree or higher
Housing Overview
Median Home Value
$207,000
27% below
US avg: $281,900
Median Rent
$1,112/mo
4% below
US avg: $1,163/mo
Homeownership Rate
55.3%
15% below US avg (65.4%)
Total Housing Units
397,597
Median year built: 1971
Home Value by Source
Census Median
$207,000
Zillow (ZHVI)
$226,528
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
55.3%
Owner-Occupied
44.7%
Renter-Occupied
US avg: 65.4% owner-occupied
Fair Market Rents (HUD FY2026)
Studio
$816/mo
1 Bedroom
$882/mo
2 Bedroom
$1,096/mo
3 Bedroom
$1,391/mo
4 Bedroom
$1,590/mo
Census median rent:
$1,112/mo
Affordability & Housing Stock
Rent Burden
30.5%
of renters spending 30%+ of income on housing
2% below US avg (31.0%)
Median Year Built
1971
Average age of housing stock: 55 years
Homeownership Rate
55.3%
Complete Housing Data
Home Values
| Census Median Value | $207,000 |
| Zillow Home Value (ZHVI) | $226,528 |
Rent
| Census Median Rent | $1,112 |
| FMR Studio | $816 |
| FMR 1-Bedroom | $882 |
| FMR 2-Bedroom | $1,096 |
| FMR 3-Bedroom | $1,391 |
| FMR 4-Bedroom | $1,590 |
Market
Ownership & Stock
| Owner-Occupied | 55.3% |
| Renter-Occupied | 44.7% |
| Homeownership Rate | 55.3% |
| Total Housing Units | 397,597 |
| Median Year Built | 1971 |
| Rent Burden | 30.5% |