Home values, rents and more in the Indianapolis metro area
September 2026 figures from Zillow and the U.S. Census Bureau · updated 2026-11-07
Open Indianapolis metro in ProMap- Under $170k
- $170k–$200k
- $200k–$240k
- $240k–$280k
- $280k+
- No data
How the Indianapolis metro compares
The typical home in the Indianapolis metro area is worth about $292,000, according to the Zillow Home Value Index for September 2026. Home values in the Indianapolis metro are 13% above the typical value in Indiana ($257,000) and 20% below the U.S. typical value ($366,000).
Over the past year, home values in the Indianapolis metro rose 1.0%, compared with +2.9% in Indiana and +1.2% nationally.
Typical rent is $1,528 a month (Zillow Observed Rent Index), 12% above Indiana ($1,367) and 21% below the U.S. ($1,932). Rents rose 3.7% over the past year.
The median household income is $79,852, against $71,957 in Indiana and $80,734 in the U.S. (Census Bureau, American Community Survey 2020–24).
About 2,205,695 people live in the Indianapolis metro (Census Bureau estimate for July 2025).
The Indianapolis metro has the 357th-highest typical home value of the 923 metro areas in the United States and the 4th-highest of 37 in Indiana with Zillow figures.
Part of: Indiana
More for the Indianapolis metro in ProMap Plus
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- 5- and 10-year price changes
- Days on market and months of supply
- Price cuts and sale-to-list ratio
- Price-to-income and monthly cost to buy
- Zillow 12-month price forecast
- School test scores
- Flood, wildfire and natural hazard risk
- Property-tax rate
- Unemployment and job growth
- Building permits
- Mortgage delinquency
- 2024 presidential vote
- Age, education and household make-up
- Amenities and transit nearby
Nearby metro areas
Counties in the Indianapolis metro
Cities in the Indianapolis metro
- Indianapolis, IN $227,000
- Fishers, IN $445,000
- Carmel, IN $575,000
- Noblesville, IN $392,000
- Greenwood, IN $326,000
- Anderson, IN $133,000
- Westfield, IN $476,000
- Lawrence, IN $267,000
- Plainfield, IN $334,000
- Zionsville, IN $704,000
- Brownsburg, IN $358,000
- Franklin, IN $282,000
- Greenfield, IN $289,000
- Avon, IN $355,000
- Shelbyville, IN $225,000
- Lebanon, IN $302,000
- Beech Grove, IN $190,000
- Speedway, IN $233,000
- Whitestown, IN $363,000
- Martinsville, IN $295,000
- Danville, IN $341,000
- Bargersville, IN $454,000
- McCordsville, IN $381,000
- Mooresville, IN $310,000
- Elwood, IN $154,000
- Cumberland, IN $290,000
- New Whiteland, IN $227,000
- Cicero, IN $410,000
- Pendleton, IN $334,000
- Tipton, IN $245,000
- Whiteland, IN $297,000
- Alexandria, IN $185,000
- Fortville, IN $313,000
- Edinburgh, IN $227,000
- Pittsboro, IN $371,000
- New Palestine, IN $384,000
- Sheridan, IN $395,000
- Lapel, IN $229,000
- Ingalls, IN $180,000
- Chesterfield, IN $154,000
Sources
Home values: Zillow Home Value Index (ZHVI), all homes, middle tier, smoothed and seasonally adjusted, September 2026. Rents: Zillow Observed Rent Index (ZORI), seasonally adjusted. Population: Census population estimates (July 2025) for states, metros and counties; ACS 2020–24 for cities and ZIP codes. Income: U.S. Census Bureau, ACS 2020–24 5-year estimates. Boundaries: U.S. Census Bureau cartographic boundary files. Compiled by Home Economics.
"Typical" is Zillow's middle-tier value (homes between the 35th and 65th percentiles), not a median sale price. Changes are over the 12 months to September 2026.