The median home in Indianapolis, Indiana is valued at $223,231, up 0.6% year over year. Typical monthly rent is $1,358, producing a price-to-rent ratio of 13.7x — below the national average of 18x. Indianapolis is part of the Indianapolis-Carmel-Anderson, IN metropolitan area, which CrashWatch tracks daily with real-time stress scores and crash risk analysis.

Home Value$223,231

+0.6%

Rent$1,358/mo

Prices rising — worse for buyers.

Affordability

Enter your income for Indianapolis.

Income (annual)

Down Payment

$44,646 on $223,231

Example: $75,000 household income. Change it above to see your own.

Affordable22.7% of income

Under the 28% guideline.

PITI$1,420

P/I22.7%

Afford$275K

Room+$52K

P&I $1,129Tax $158Ins $133

Renting $62/mo cheaper ($1,358 rent)6.50% 30yr, 20% down, county tax + IN ins. 28% per HUD.

Home Buying Kit For Dummies (2025)Financing, negotiation, closing

Other cities in Indiana

Compare Indianapolis with other housing markets across Indiana.

Dune Acres$889K Clear Lake$747K Long Beach$720K Zionsville$661K Carmel$548K Michiana Shores$540K Ogden Dunes$467K Westfield$460K

Full Indianapolis-Carmel-Anderson, IN analysis

Stress scores, crash risk, early warning signals, and 12-month price forecasts for the Indianapolis-Carmel-Anderson, IN metro.

View Indianapolis-Carmel-Anderson, IN metro

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Indianapolis, IN