Apartment Rent in Martindale

Indianapolis, Indiana ยท IN

Avg 1BR Rent $1,000 /month

Rent by Bedroom Count

Studio $750/mo ~559 sq ft $1.34/sq ft
1 Bedroom $1,000/mo ~776 sq ft $1.29/sq ft
2 Bedrooms $1,625/mo ~1125 sq ft $1.44/sq ft
3 Bedrooms $2,000/mo ~1436 sq ft $1.39/sq ft

Market Metrics

Year-over-Year Change +0.7% Stable market
Vacancy Rate 3.6% Very tight supply
Walk Score 60/100 Somewhat Walkable
Transit Score 40/100 Some Transit

What to Budget

At $1,000/mo for a 1-bedroom in Martindale, you should budget at least $3,000/mo in gross income (the standard 30% rule). For a studio at $750/mo, you'd need roughly $2,250/mo.

Studio income needed $2,250/mo
1BR income needed $3,000/mo
2BR income needed $4,875/mo

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