Housing & Real Estate — Indianapolis city (balance), Indiana
Overview
| Total Housing Units | 399,634 |
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| Occupied | 359,665 |
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| Vacant | 39,969 |
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| Owner-Occupied | 199,012 |
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| Renter-Occupied | 160,653 |
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| Median Home Value (Census) | $224,800 |
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| Estimated 2026 | ~$272,000 |
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| Median Rent | $1,112/mo |
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| Median Property Tax | $2,037/yr |
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Affordability
| Home Price to Income Ratio | N/Ax |
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| Home Affordability | moderate |
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| Rent as % of Income | 20.2% |
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| Severely Rent-Burdened | 41.7% |
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Housing Age
| Built 2010 or later | 31,610 |
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| Built 2000-2009 | 41,013 |
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| Built 1990-1999 | 47,548 |
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| Built before 1960 | 133,791 |
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| Median Year Built | 1971 |
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Sources: Census ACS 5-Year 2023; Census ACS 5-Year 2023, B25077; HUD FMR FY2026.
