What percentage of people rent in Indianapolis, IN?

Name: Renters and owners in Indianapolis, IN, 2020–2024
Creator: US Census Bureau
License: https://www.census.gov/data/developers/about/terms-of-service.html

44.0% (±0.7 points) of the occupied homes in Indianapolis, IN are rented (2020–2024 American Community Survey).

That is 159,622 renting households against 203,339 that own their home.

In Indianapolis, the share of households that rent went from 46.9% in 2015–2019 to 44.0% in 2020–2024 (−2.9 percentage points), a measurable decrease.

Figures last updated on November 12, 2026.

Households that rent: 44.0% (±0.7 points)
Renting households: 159,622 (±2,903)
Median renter income: $46,182 (±$1,344)

Who rents and who owns in Indianapolis

Tenure, estimate (90% margin of error)
	Indianapolis	Marion County	Indiana	United States
Renter-occupied share	44.0% (±0.7 points)	43.5% (±0.7 points)	29.4% (±0.3 points)	34.8%
Renting households	159,622 (±2,903)	173,991 (±3,120)	799,766 (±7,038)	45,017,354
Owning households	203,339 (±2,780)	226,441 (±2,971)	1,916,243 (±9,865)	84,210,142
Average renter household size	2.2 (±0.0)	2.2 (±0.0)	2.2 (±0.0)	2.3
Average owner household size	2.6 (±0.0)	2.6 (±0.0)	2.6 (±0.0)	2.6
Median renter household income	$46,182 (±$1,344)	$45,770 (±$1,355)	$42,811 (±$480)	$52,966
Median owner household income	$88,484 (±$1,424)	$88,581 (±$1,414)	$87,459 (±$395)	$100,009

In Indianapolis, the renter share is not measurably different from Marion County (43.5%).

It is also higher than in Indiana (29.4%).

It is higher than the national figure (34.8%).

In Marion County, Indianapolis ranks 6 of 25 places with a published estimate, from highest to lowest renter share.

Statewide, it ranks 66 of 1,600.

Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.

How renting in Indianapolis has changed since 2015–2019

2015–2019 and 2020–2024 American Community Survey 5-year estimates
	2015–2019	2020–2024	Amount of change	Verdict
Households that rent	46.9% (±0.5 points)	44.0% (±0.7 points)	−2.9 percentage points	Measurable decrease
Median gross rent	$892 (±$7)	$1,156 (±$11)	+29.6%	Up after inflation
Median household income	$47,873 (±$842)	$66,219 (±$993)	+38.3%	Up after inflation

The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.

Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.

The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.

Households that rent in places near Indianapolis

Nearest places with a published estimate, compared with Indianapolis
Place	Distance	Households that rent	Compared with this place
Indianapolis	—	44.0% (±0.7 points)	—
Center Township (Marion County)	0.4 mi	54.2% (±1.5 points)	Higher
Spring Hill	4.7 mi	2.2% (±6.1 points)	Lower
Wynnedale	4.8 mi	1.0% (±2.5 points)	Lower
Warren Park	5.0 mi	62.0% (±8.2 points)	Higher
Rocky Ripple	5.2 mi	18.0% (±7.4 points)	Lower
Beech Grove	5.2 mi	43.8% (±6.1 points)	Not measurably different
Speedway	5.5 mi	54.8% (±4.8 points)	Higher
Crows Nest	5.6 mi	23.5% (±21.0 points)	Not measurably different

Nearby places with a measurably lower figure: Spring Hill, IN (2.2%), Wynnedale, IN (1.0%), Rocky Ripple, IN (18.0%).

Nearby places with a measurably higher figure: Center Township (Marion County), IN (54.2%), Warren Park, IN (62.0%), Speedway, IN (54.8%).

Distance is measured in a straight line between the Census Bureau’s internal points for each place.

Households that rent across Marion County, place by place

Rank	Place	Households that rent
1	Warren Park	62.0% (±8.2 points)
2	Speedway	54.8% (±4.8 points)
3	Center Township (Marion County)	54.2% (±1.5 points)
4	Wayne Township (Marion County)	48.9% (±1.8 points)
5	Pike Township (Marion County)	44.1% (±2.3 points)
6	Indianapolis	44.0% (±0.7 points)
7	Beech Grove	43.8% (±6.1 points)
8	Washington Township (Marion County)	43.2% (±1.6 points)
9	Warren Township (Marion County)	40.0% (±2.3 points)
10	Perry Township (Marion County)	39.8% (±2.1 points)
11	Lawrence Township	39.7% (±2.3 points)
12	Decatur Township	38.4% (±4.3 points)

Showing 12 of 25 places in Marion County, ranked from highest to lowest.

Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.

Margins of error are at the 90% confidence level.

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Questions about Indianapolis

How many renters are there in Indianapolis?

Indianapolis has an estimated 159,622 (±2,903) renting households, 44.0% of its occupied homes (2020–2024 American Community Survey).

Is renting growing in Indianapolis?

In Indianapolis, the share of households that rent went from 46.9% in 2015–2019 to 44.0% in 2020–2024 (−2.9 percentage points), a measurable decrease.

How big are renting households in Indianapolis?

A renting household in Indianapolis has 2.2 people on average, against 2.6 in an owned home.

How much do renters earn in Indianapolis?

The median renting household in Indianapolis, IN has an income of $46,182 (±$1,344) a year, against $88,484 for households that own their home.

Sources

To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) and detailed tables (acs/acs5) for Indianapolis city (balance), Indiana (place:36003, in state:18).

Each estimate (E or PE) has a margin of error beside it (M or PM).

The 2015–2019 figures are DP04_0047PE, DP04_0047PM, B25064_001E, B25064_001M, B19013_001E, B19013_001M from the 2019 release.

The API needs a free key.

Request a Census API key.

DP04_0047PE, DP04_0047PM, DP04_0047E, DP04_0047M, DP04_0046E, DP04_0046M, DP04_0049E, DP04_0049M, DP04_0048E, DP04_0048M, B25119_003E, B25119_003M, B25119_002E, B25119_002M

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.