Apartment Rent in Broad Ripple
Indianapolis, Indiana · IN
Avg 1BR Rent $1,125 /month
Rent by Bedroom Count
Studio $800/mo ~616 sq ft $1.30/sq ft
1 Bedroom $1,125/mo ~855 sq ft $1.32/sq ft
2 Bedrooms $1,550/mo ~1240 sq ft $1.25/sq ft
3 Bedrooms $2,050/mo ~1582 sq ft $1.30/sq ft
Market Metrics
Year-over-Year Change +0.6% Stable market
Vacancy Rate 10.7% Plenty of options
Walk Score 76/100 Very Walkable
Transit Score 35/100 Some Transit
What to Budget
At $1,125/mo for a 1-bedroom in Broad Ripple, you should budget at least $3,375/mo in gross income (the standard 30% rule). For a studio at $800/mo, you'd need roughly $2,400/mo.
Studio income needed $2,400/mo
1BR income needed $3,375/mo
2BR income needed $4,650/mo
Moving to Broad Ripple?
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