Apartment Rent in Herron-Morton
Indianapolis, Indiana · IN
Avg 1BR Rent $850 /month
Rent by Bedroom Count
Studio $625/mo ~604 sq ft $1.03/sq ft
1 Bedroom $850/mo ~839 sq ft $1.01/sq ft
2 Bedrooms $1,225/mo ~1217 sq ft $1.01/sq ft
3 Bedrooms $1,550/mo ~1552 sq ft $1.00/sq ft
Market Metrics
Year-over-Year Change 0% Stable market
Vacancy Rate 8.8% Plenty of options
Walk Score 73/100 Very Walkable
Transit Score 41/100 Some Transit
What to Budget
At $850/mo for a 1-bedroom in Herron-Morton, you should budget at least $2,550/mo in gross income (the standard 30% rule). For a studio at $625/mo, you'd need roughly $1,875/mo.
Studio income needed $1,875/mo
1BR income needed $2,550/mo
2BR income needed $3,675/mo
Moving to Herron-Morton?
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