Apartment Rent in Lockerbie
Indianapolis, Indiana · IN
Avg 1BR Rent $1,075 /month
Rent by Bedroom Count
Studio $800/mo ~624 sq ft $1.28/sq ft
1 Bedroom $1,075/mo ~866 sq ft $1.24/sq ft
2 Bedrooms $1,525/mo ~1256 sq ft $1.21/sq ft
3 Bedrooms $2,150/mo ~1602 sq ft $1.34/sq ft
Market Metrics
Year-over-Year Change -0.3% Rents declining
Vacancy Rate 11% Plenty of options
Walk Score 97/100 Walker's Paradise
Transit Score 58/100 Good Transit
What to Budget
At $1,075/mo for a 1-bedroom in Lockerbie, you should budget at least $3,225/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 $3,225/mo
2BR income needed $4,575/mo
Moving to Lockerbie?
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