Average Rent in Gary, IN

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Current Versus Historical Gary, IN Rents

Gary rentals average $1,075 for a 2-bedroom rental to $0 for a 4-bedroom rental. The median price of all currently available listings is $1,950, or roughly $1 per square feet.
For the apartment units and housing in March 2024, median rents have been roughly unchanged over the last year. Studio rentals prices have increased by $1,043 (137.62%) year-over-year from $758 to $1,800. 1-bedroom rentals prices have decreased by $21 (-2.93%) year-over-year from $711 to $690. 2-bedroom rentals prices have increased by $63 (7.14%) year-over-year from $887 to $950. 3-bedroom rentals prices have increased by $82 (7.64%) year-over-year from $1,068 to $1,150. 4-bedroom rentals prices have increased by $117 (9.09%) year-over-year from $1,283 to $1,400. Note that this figure includes all active and rented listings throughout the month.
Month-to-month, seasonality might have a bigger impact than overall trend price changes. Studio rents have gone down by 0.00% this month. 1-bedroom rents have gone up by 0.29% this month. 2-bedroom rents have gone up by 5.17% this month. 3-bedroom rents have gone up by 0.07% this month. 4-bedroom rents have gone up by 3.70% this month.
Beds
Price / Sqft
Mar 2024 Rent 1 Yr Ago Rent (% +/-) 3 Yr Ago Rent (% +/-)
2 BR $0.90 $950 $887 (7.14%) $734 (29.40%)
3 BR $1.65 $1,150 $1,068 (7.64%) $942 (22.12%)

Historical Rents in Gary, IN

Studio
1 Bed
2 Bed
3 Bed
4 Bed

Top Cities Near Gary



Let's compare Gary, IN's rent against other top cities nearby by bedroom size.
City Studio 1 Bed 2 Bed All

Top Neighborhoods Near Gary



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Neighborhood Studio 1 Bed 2 Bed All

Top Counties Near Gary



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County Studio 1 Bed 2 Bed All

Top Zipcodes Near Gary



You can view the average rent breakdown for each zipcode by bedroom size.
Zipcode Studio 1 Bed 2 Bed All

Frequently Asked Questions - Gary Average Rents

What is the average rent price in Gary, IN?
The average monthly rental price for Gary, IN apartments for rent is approximately $1,950. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.
Do Gary, IN rent prices drop in winter?
Yes! On average we see a 3.4% drop in rental prices between the peak summer months and the slower winter months. With the added bonus of decreased competition from other renters looking to move, winter is generally considered the best time of the year to find an apartment for rent in Gary, IN.
How much is a studio apartment in Gary, IN?
The average monthly rental price for studio apartments is $0 and an average price per square feet of $0.00. There are a total of 0 studio apartment listings currently available for rent in Gary.
How much is a one bedroom apartment in Gary, IN?
The average monthly rental price for one bedroom apartments is $0 and an average price per square feet of $0.00. There are a total of 0 one bedroom apartment listings currently available for rent in Gary.
How much is a two bedroom apartment in Gary, IN?
The average monthly rental price for two bedroom apartments is $1,075 and an average price per square feet of $0.90. There are a total of 2 two bedroom apartment listings currently available for rent in Gary.
How have rent prices in Gary, IN changed this year?
Rent prices for rentals in Gary, IN can fluctuate yearly. Specifically, studio rental prices have changed by 1.38%, one bedroom rental prices have changed by -0.03%, two bedroom rental prices have changed by 0.07%, and three bedroom rental prices have changed by 0.08% year-over-year.
What is a reasonable rent price in Gary, IN?
A reasonable rent price in Gary, IN is around $1,560/month. You can search for these reasonably priced rental listings on RentHop.
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