| STUDIO | $1,105+ |
| STUDIO | $1,445+ |
Rental prices in Broad Ripple, Indianapolis, IN have decreased by 5.58% over the past year. The average rent moved from $1,267 to $1,196.
Check out the average rent in Indianapolis.
The national average price of rental apartments is $1,740, while the average monthly rent in Broad Ripple, Indianapolis, IN is $1,196.
The average monthly rent for an apartment in Broad Ripple, Indianapolis, IN is around $1,196.
A share of 32% of apartments in Broad Ripple, Indianapolis, IN have the cheapest rents between ≤ $1000. Around 68% of Broad Ripple's apartments have monthly rents between $1,001-$1,500.
The largest share of rentals in Broad Ripple, Indianapolis, IN (68%) fall between $1,001-$1,500 per month. This suggests that most people succesfully find suitable apartments within this price.
The average Broad Ripple, Indianapolis, IN studio apartment size is 566 sq. ft.
Studio apartments in Broad Ripple, Indianapolis, IN tend to be more affordable than other apartments and they have lower utility costs.
One of the downsides of living in a studio apartment is the limited storage space.
In total, Broad Ripple, Indianapolis, IN has 5,609 residents, 2,893 women and 2,717 men, per U.S. Census recent estimates. Statistics show that the median age of Broad Ripple’s population is 35.3.
There is a total of 2,565 households in Broad Ripple, Indianapolis, IN. Of these, 660 have children and 1,905 are without children. Per Census Bureau’s most current estimates, 1,404 family households and 1,161 non-family households live in this area. The size of a household in Broad Ripple is 2.17 people, on average. The median household annual income in Broad Ripple equals $108,050, and the monthly housing costs equal $1,468.
According to data from the U.S. Census Bureau, 1% of the population in Broad Ripple, Indianapolis, IN have no high school education, 15% went to high-school, and 15% have partially completed college. Moreover, 4% of the population hold an Associate Degree, 39% hold a Bachelor Degree, and 27% hold a Graduate Degree.
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