City

INDIANAPOLIS, IN

Indianapolis-Carmel-Anderson, IN

Median home value: $223K (+0.6% YoY). Rent: $1,358/mo. Price-to-rent: 13.7x. Part of Indianapolis-Carmel-Anderson, IN.

Limited Data

Basic Zillow data only. For stress scores, AI analysis, and trends, Indianapolis-Carmel-Anderson, IN metro page.

Home Value$223,231
+0.6%
Rent$1,358/mo
AFFORDABILITY

Enter your income for Indianapolis.

$44,646 on $223,231
Affordable — 21.8% of income

Under the 28% guideline.

PITI$1,362
P/I21.8%
Afford$287K
Room+$64K
P&I $1,071Tax $158Ins $133
Renting $4/mo cheaper ($1,358 rent)6.00% 30yr, 20% down, county tax + IN ins. 28% per HUD.
Home Buying Kit For Dummies (2025)Financing, negotiation, closing
Indianapolis Housing Market | CrashWatch