The average monthly rent for an apartment in Chapel Hill, Indianapolis, IN is around $1,648.
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Rental prices in Chapel Hill, Indianapolis, IN have increased by 3.09% over the past year. The average rent moved from $1,598 to $1,648.
Check out the average rent in Indianapolis.
The national average price of rental apartments is $1,740, while the average monthly rent in Chapel Hill, Indianapolis, IN is $1,648.
The average monthly rent for an apartment in Chapel Hill, Indianapolis, IN is around $1,648.
A share of 12% of apartments in Chapel Hill, Indianapolis, IN have the cheapest rents between $1,001-$1,500. Around 88% of Chapel Hill's apartments have monthly rents between $1,501-$2,000.
The largest share of rentals in Chapel Hill, Indianapolis, IN (88%) fall between $1,501-$2,000 per month. This suggests that most people succesfully find suitable apartments within this price.
Renting a 3 bedroom apartment offers extra space compared to a 2 bedroom apartment, suited for a family or for sharing it with someone else.
A 3 bedroom apartment is more expensive than smaller units and it usually comes with higher utility costs.
In total, Chapel Hill, Indianapolis, IN has 6,134 residents, 3,267 women and 2,867 men, per U.S. Census recent estimates. Statistics show that the median age of Chapel Hill’s population is 34.5.
There is a total of 2,668 households in Chapel Hill, Indianapolis, IN. Of these, 738 have children and 1,930 are without children. Per Census Bureau’s most current estimates, 1,277 family households and 1,391 non-family households live in this area. The size of a household in Chapel Hill is 2.24 people, on average. The median household annual income in Chapel Hill equals $59,178, and the monthly housing costs equal $1,196.
According to data from the U.S. Census Bureau, 3% of the population in Chapel Hill, Indianapolis, IN have no high school education, 36% went to high-school, and 26% have partially completed college. Moreover, 9% of the population hold an Associate Degree, 18% hold a Bachelor Degree, and 7% hold a Graduate Degree.