Cumberland, IN Rental Market Trends
Last updated: February 20, 2026 | Source: RentCafe Market Analysis, Yardi Matrix, U.S. Census Bureau
Highlights
The average rent for an apartment in Cumberland is $1,265, a 3.44% increase compared to the previous year, when the average rent was $1,223.
One-bedroom apartments provide 638 square feet for $923, balancing privacy and affordability.
Two-beedroom units at $1,383 offer 915 square feet, perfect for roommates or small families.
Three-bedroom apartments deliver maximum space (1,060 sq ft) for $1,447, suitable for larger households.
Average rent in Cumberland, IN
| Average Rent | Average Apartment Size | |
|---|---|---|
| All Rentals | $1,265 | 869 sq. ft. |
| Studio | n/a | n/a |
| 1 Bed | $923 | 638 sq. ft. |
| 2 Beds | $1,383 | 915 sq. ft. |
| 3 Beds | $1,447 | 1,060 sq. ft. |
Cumberland, IN rent trends
Rental prices in Cumberland, IN have increased by 3.44% over the past year. The average rent moved from $1,223 to $1,265.
What's the typical rent budget in Cumberland, IN?
The largest share of rentals in Cumberland, IN (50%) fall between $1,001-$1,500 per month. This suggests that most people succesfully find suitable apartments within this price.
Do most people rent or own in Cumberland, IN?
641 or 24% of the households in Cumberland, IN are renter-occupied while 1,999 or 76% are owner-occupied.
How Cumberland Compares to Other Cities
| City | Average Rent |
|---|---|
| Cumberland | $1,265 |
| Indianapolis | $1,252 |
| Jeffersonville | $1,240 |
| Greenwood | $1,369 |
| New Albany | $1,121 |
| Bloomington | $1,631 |
| Noblesville | $1,545 |
| Carmel | $1,658 |
| Fishers | $1,646 |
| Fort Wayne | $1,143 |
| Lafayette | $1,198 |
| Speedway | $1,130 |
Where this data comes from
The rental statistics on this page were compiled by RentCafe.com, a nationwide apartment search website trusted by millions of renters to find apartments and houses for rent throughout the U.S.
Rent prices, trends, and apartment sizes were calculated based on data from our sister company, Yardi Matrix, an apartment market intelligence solution that covers approximately 90% of the U.S. metro area population. The data includes comprehensive information on all Cumberland apartment buildings with 50 or more units, totaling 23.5 million apartments across 181 U.S. markets.
Housing composition data was sourced from the U.S. Census Bureau, using the most recently available information by tenure.