Apartment Rent in Bates-Hendricks

Indianapolis, Indiana ยท IN

Avg 1BR Rent $1,200 /month

Rent by Bedroom Count

Studio $925/mo ~487 sq ft $1.90/sq ft
1 Bedroom $1,200/mo ~677 sq ft $1.77/sq ft
2 Bedrooms $1,725/mo ~982 sq ft $1.76/sq ft
3 Bedrooms $2,200/mo ~1252 sq ft $1.76/sq ft

Market Metrics

Year-over-Year Change +0.2% Stable market
Vacancy Rate 7.2% Moderate availability
Walk Score 55/100 Somewhat Walkable
Transit Score 53/100 Good Transit

What to Budget

At $1,200/mo for a 1-bedroom in Bates-Hendricks, you should budget at least $3,600/mo in gross income (the standard 30% rule). For a studio at $925/mo, you'd need roughly $2,775/mo.

Studio income needed $2,775/mo
1BR income needed $3,600/mo
2BR income needed $5,175/mo

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