Indianapolis Multifamily Market Report

By CREhunt Research · Data through Q4 2025 · Aggregated from major commercial brokerages

Quarterly multifamily market indicators for Indianapolis, aggregated by CREhunt from major commercial brokerages. As of Q4 2025, average asking rent was — with a 8.2% vacancy rate.

QuarterAsking rentVacancyNet absorptionUnder constr.Source
Q4 20258.2%9.2M SF

Frequently asked questions

What is the average asking rent for multifamily space in Indianapolis?
CREhunt aggregates multifamily asking-rent data for Indianapolis from major brokerage market reports; see the quarterly table for the latest available figures.
What is the multifamily vacancy rate in Indianapolis?
The multifamily vacancy rate in Indianapolis was 8.2% as of Q4 2025.
Where does CREhunt's Indianapolis market data come from?
This report aggregates quarterly multifamily market data for Indianapolis from major commercial brokerages.