| STUDIO | $1,215+ |
| STUDIO | $780+ |
Rental prices in South Indianapolis, Indianapolis, IN have increased by 7.12% over the past year. The average rent moved from $782 to $837.
Check out the average rent in Indianapolis.
The national average price of rental apartments is $1,741, while the average monthly rent in South Indianapolis, Indianapolis, IN is $837.
The average monthly rent for an apartment in South Indianapolis, Indianapolis, IN is around $837.
A share of 90% of apartments in South Indianapolis, Indianapolis, IN have the cheapest rents between ≤ $1000. Around 10% of South Indianapolis's apartments have monthly rents between $1,001-$1,500.
The largest share of rentals in South Indianapolis, Indianapolis, IN (90%) fall between - per month. This suggests that most people succesfully find suitable apartments within this price.
Studio apartments in South Indianapolis, 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, South Indianapolis, Indianapolis, IN has 144,229 residents, 74,895 women and 69,334 men, per U.S. Census recent estimates. Statistics show that the median age of South Indianapolis’s population is 36.
There is a total of 57,204 households in South Indianapolis, Indianapolis, IN. Of these, 16,619 have children and 40,585 are without children. Per Census Bureau’s most current estimates, 34,119 family households and 23,084 non-family households live in this area. The size of a household in South Indianapolis is 1.99 people, on average. The median household annual income in South Indianapolis equals $56,376, and the monthly housing costs equal $1,028.
According to data from the U.S. Census Bureau, 5% of the population in South Indianapolis, Indianapolis, IN have no high school education, 40% went to high-school, and 21% have partially completed college. Moreover, 8% of the population hold an Associate Degree, 18% hold a Bachelor Degree, and 8% hold a Graduate Degree.
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