Average Rent in Warren, Indianapolis, IN

Current Versus Historical Warren, Indianapolis, IN Rents

Warren rentals average $0 for a studio rental to $1,550 for a 4-bedroom rental. The median price of all currently available listings is $1,073, or roughly $14 per square feet.

For the apartment units and housing in December 2023, median rents have been roughly unchanged over the last year. Studio rentals prices have decreased by $23 (-3.56%) year-over-year from $648 to $625. 1-bedroom rentals prices have decreased by $15 (-1.94%) year-over-year from $765 to $750. 2-bedroom rentals prices have increased by $155 (18.34%) year-over-year from $845 to $1,000. 3-bedroom rentals prices have increased by $245 (19.76%) year-over-year from $1,240 to $1,485. 4-bedroom rentals prices have increased by $418 (32.68%) year-over-year from $1,278 to $1,695. 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 1.96% this month. 1-bedroom rents have gone down by 0.00% this month. 2-bedroom rents have gone up by 7.14% this month. 3-bedroom rents have gone up by 2.35% this month. 4-bedroom rents have gone up by 8.89% this month.

Beds	Price / Sqft	Dec 2023 Rent	1 Yr Ago Rent (% +/-)	3 Yr Ago Rent (% +/-)
1 BR	$14	$750	$765 (-1.94%)	$667 (12.50%)
2 BR	$13	$1,000	$845 (18.34%)	$720 (38.95%)
3 BR	$13	$1,485	$1,240 (19.76%)	$1,192 (24.62%)
4+ BR	$13	$1,695	$1,278 (32.68%)	$1,340 (26.51%)

Historical Rents in Warren, Indianapolis, IN

Studio

1 Bed

2 Bed

3 Bed

4 Bed

Top Cities Near Warren

There are a total of 4 cities nearby Warren. The average rent in Warren is currently $1,723 per month. Only one city nearby has an average rent lower than that. Our records show that Anderson, IN, with an average rent of $850, is the most affordable city nearby. In contrast, the most expensive city near Warren, Indianapolis, IN is Carmel, IN. Monthly rents here are on average $2,845 per month.

Let's compare Warren, Indianapolis, IN's rent against other top cities nearby by bedroom size. Typically, rent for studios in Warren, Indianapolis, IN is inf% more affordable than other cities nearby. One bedrooms are about 58.60% more expensive. Two bedrooms in Warren, Indianapolis, IN are about 41.48% more affordable. Finally, rent for three bedrooms are about 22.66% more affordable. Want more information? Check out the top 4 cities near Warren, Indianapolis, IN in the following chart.

City	Studio	1 Bed	2 Bed	All
Anderson, IN	$500	$650	$850	$850
Indianapolis, IN	$875	$795	$1,040	$1,245
Westfield, IN	N/A	N/A	$1,833	$2,200
Carmel, IN	N/A	N/A	$2,075	$2,845

Top Neighborhoods Near Warren

There are a total of 1 neighborhoods in or near Warren. We've included all of these top 1 neighborhoods in or near Warren, Indianapolis, IN in the following chart.

The average rent for these 1 neighborhoods in or near Warren, Indianapolis, IN is currently around $995 per month. A total of one neighborhood has a lower average rent. Out of all the neighborhoods in or near Warren, Near Eastside has the most affordable average rent at $995 per month. Whereas, at $995 average rent per month, Near Eastside is the most expensive neighborhood in or near Warren. View the following chart for more information.

Neighborhood	Studio	1 Bed	2 Bed	All
Near Eastside, Indianapolis, IN	N/A	$713	$997	$995

Top Counties Near Warren

There are a total of 1 counties located by Warren, Indianapolis, IN. Some of these counties include Anderson, IN, Center, Indianapolis, IN, and Lawrence, IN. The average rent for rentals in these counties is $1,299. That's roughly around $13 per sqft. A total of 2 counties have a lower average rent. The county that is the most affordable is Anderson, IN. It's average rent per month is $850. Vice versa, with an average rent of $2,845, Clay, Carmel, IN is the most expensive county by Warren, Indianapolis, IN.

In comparison, rent for one bedroom listings in Warren, Indianapolis, IN is 17.20% more expensive than other counties nearby. Finally, rent for two bedrooms in Warren, Indianapolis, IN is 1.58% more expensive than other counties nearby. We've listed all of these counties in the chart below.

County	Studio	1 Bed	2 Bed	All
Anderson, IN	$500	$650	$850	$850
Center, Indianapolis, IN	$913	$750	$999	$1,050
Lawrence, IN	N/A	$875	$875	$1,299
Washington, IN	N/A	N/A	$1,833	$2,300
Clay, Carmel, IN	N/A	N/A	$2,075	$2,845

Top Zipcodes Near Warren

There are a total of 2 zipcodes in or near Warren, Indianapolis, IN. The average rent for all of these zipcodes is $1,663.

The following chart includes the top 2 zipcodes in Warren, Indianapolis, IN. You can view the average rent breakdown for each zipcode by bedroom size.

Zipcode	Studio	1 Bed	2 Bed	All
46201, Indianapolis, IN	N/A	$738	$995	$925
46074, Westfield, IN	N/A	N/A	$1,833	$2,400

Frequently Asked Questions - Warren Average Rents

What is the average rent price in Warren, Indianapolis, IN?

The average monthly rental price for Warren, Indianapolis, IN apartments for rent is approximately $1,073. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.

Do Warren, Indianapolis, 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 Warren, Indianapolis, IN.

How much is a studio apartment in Warren, Indianapolis, 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 1 studio apartment listings currently available for rent in Warren.

How much is a one bedroom apartment in Warren, Indianapolis, IN?

The average monthly rental price for one bedroom apartments is $785 and an average price per square feet of $14.33. There are a total of 20 one bedroom apartment listings currently available for rent in Warren.

How much is a two bedroom apartment in Warren, Indianapolis, IN?

The average monthly rental price for two bedroom apartments is $1,015 and an average price per square feet of $13.38. There are a total of 22 two bedroom apartment listings currently available for rent in Warren.

How have rent prices in Warren, Indianapolis, IN changed this year?

Rent prices for rentals in Warren, Indianapolis, IN can fluctuate yearly. Specifically, studio rental prices have changed by -0.04%, one bedroom rental prices have changed by -0.02%, two bedroom rental prices have changed by 0.18%, and three bedroom rental prices have changed by 0.20% year-over-year.

What is a reasonable rent price in Warren, Indianapolis, IN?

A reasonable rent price in Warren, Indianapolis, IN is around $858/month. You can search for these reasonably priced rental listings on RentHop.