What is the average apartment size in Castleton, Indianapolis, IN?

The average size for a Castleton, Indianapolis, IN apartment is 900 square feet, but this number varies greatly depending on unit type, with cheap and luxury alternatives for houses and apartments alike. Studio apartments are the smallest and most affordable, 1-bedroom apartments are closer to the average, while 2-bedroom apartments and 3-bedroom apartments offer a more generous square footage.

What is the average rent in Castleton?

As of Jan / 2026, the average rent in Castleton is $1,338 per month, a 0.07% decrease from last years average of $1,339.

What is the average apartment size in Castleton?

The typical apartment in Castleton offers about 900 sq. ft. square feet of living space, though actual sizes vary depending on layout and amenities.

Castleton, Indianapolis, IN Rental Market Trends

Q: What's the typical rent budget in Castleton?

The typical rent budget in Castleton ranges from $1,001 to $1,500 per month, with 81% of rentals in this range.

Q: Do most people rent or own in Castleton?

In Castleton, 55% of households rent while 45% own their homes, based on the latest U.S. Census data.

Last updated: February 18, 2026 | Source: RentCafe Market Analysis, Yardi Matrix, U.S. Census Bureau

Highlights

The average rent for an apartment in Castleton is $1,338, a 0.07% decrease compared to the previous year, when the average rent was $1,339.

One-bedroom apartments provide 744 square feet for $1,228, balancing privacy and affordability.

Two-beedroom units at $1,431 offer 1,036 square feet, perfect for roommates or small families.

Three-bedroom apartments deliver maximum space (1,360 sq ft) for $1,699, suitable for larger households.

Average rent in Castleton, Indianapolis, IN

Last updated: February 18, 2026

	Average Rent	Average Apartment Size
All Rentals	$1,338	900 sq. ft.
Studio	n/a	n/a
1 Bed	$1,228	744 sq. ft.
2 Beds	$1,431	1,036 sq. ft.
3 Beds	$1,699	1,360 sq. ft.

Castleton, Indianapolis, IN rent trends

Rental prices in Castleton, Indianapolis, IN have decreased by 0.07% over the past year. The average rent moved from $1,339 to $1,338.

What's the typical rent budget in Castleton, Indianapolis, IN?

The largest share of rentals in Castleton, Indianapolis, IN (81%) 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 Castleton, Indianapolis, IN?

2,888 or 55% of the households in Castleton, Indianapolis, IN are renter-occupied while 2,361 or 45% are owner-occupied.

Most affordable neighborhoods in Castleton?

Crown Hill $788/month

Biltmore Gardens $882/month

University Heights $896/month

All of these neighborhoods fall below the city wide average of $1,252/month.

Most expensive neighborhoods in Castleton?

Chatham Arch and Mass Avenue $1,633/month

Sycamore Run $1,670/month

North Meridian $1,832/month

These neighborhoods typically command higher rents due to location, amenities, and demand.

Average Rent in Indianapolis, IN By Neighborhood

Neighborhood	Average Rent
North Meridian	$1,832
Sycamore Run	$1,670
Chatham Arch and Mass Avenue	$1,633
Clermont Lakes	$1,633
Oxbow Estates	$1,619
Windcombe	$1,606
Fountain Square	$1,603
Meridian - Kessler	$1,599
Herron - Morton Place	$1,584
Fletcher Place	$1,577
Wholesale District	$1,576
The Canal and White River State Park	$1,541
North Harrison Park	$1,519
Devonshire	$1,504
Cole Noble	$1,483
College Park	$1,471
Reagan Park	$1,458
Greenbrooke	$1,448
St. Joseph	$1,440
Broad Ripple	$1,428
Southern Springs	$1,415
Delaware Trails	$1,398
Valley Mills	$1,394
Keystone at The Crossing	$1,389
Mapleton - Fall Creek	$1,379
Sonesta	$1,377
Bayswater - Eagles Watch	$1,341
Chapel Hill	$1,340
Castleton	$1,338
Summerfield Place	$1,312
East Avalon Hills	$1,309
Crooked Creek Heights	$1,300
Ivy Hills	$1,296
Fairgrounds	$1,291
North Willow	$1,290
Allisonville	$1,276
Shadow Wood South	$1,271
The Park at Buffalo Creek	$1,271
Marian - Cold Springs	$1,269
Castle Ridge	$1,263
Willow Lakes	$1,259
Briarstone Villas	$1,253
Fall Creek Manor	$1,243
Parkwood Terrace	$1,239
Wedgewood	$1,230
Trinity Manor	$1,225
Rosewood	$1,221
Lake Maxinhall Estates	$1,207
Eagle Cove	$1,183
Mount Auburn	$1,182
The Islands	$1,179
Sherman Commons	$1,177
The Highlands	$1,174
Westchester Estates	$1,173
Liberty Creek	$1,171
Mars Hill	$1,150
Tempo North	$1,149
Central Nora	$1,149
Sheffield Woods	$1,136
I65 - South Emerson	$1,134
Speedway Woods	$1,133
Crooked Creek	$1,128
New Augusta Woods	$1,077
Winchester Village	$1,072
Eastbrooke Meadows	$1,070
Otterbein	$1,065
Deer Creek	$1,064
Devington	$1,060
Eagledale	$1,058
North Perry	$1,056
Arlington Woods	$1,054
West Edgewood	$1,047
Park Valley Estates	$1,043
East Gate	$1,042
Watson's	$1,042
Christian Park	$1,036
The Old Northside	$1,020
Parc Estates	$993
Irvington	$989
Glicks East 38th St	$934
Meadows - Fall Creek	$913
Arlington Heights	$907
Carson Heights	$905
University Heights	$896
Biltmore Gardens	$882
Crown Hill	$788

Indianapolis | Rent Comparison by Neighborhood

Rent in Castleton is 5% higher than in Allisonville

$1,338

Castleton rent is the same as Indianapolis average

Average Rent $1,338

$1,276

Allisonville rent is 5% lower than Indianapolis average

Average Rent $1,276

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 Castleton 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.