Indianapolis IN Homes for Rent

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Indianapolis Real Estate

The median home value in Indianapolis, IN is $221,900. This is higher than the county median home value of $219,900. The national median home value is $338,100. The average price of homes sold in Indianapolis, IN is $221,900. Approximately 48.52% of Indianapolis homes are owned, compared to 40.53% rented, while 10.95% are vacant. Indianapolis real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Indianapolis real estate agent to arrange a tour today!

Indianapolis, Indiana 46227 has a population of 880,104. Indianapolis 46227 is less family-centric than the surrounding county with 26.06% of the households containing married families with children. The county average for households married with children is 26.96%.

The median household income in Indianapolis, Indiana 46227 is $54,321. The median household income for the surrounding county is $54,601 compared to the national median of $69,021. The median age of people living in Indianapolis 46227 is 34.3 years.

Indianapolis Weather

The average high temperature in July is 84 degrees, with an average low temperature in January of 19.5 degrees. The average rainfall is approximately 42.4 inches per year, with 21.6 inches of snow per year.

Indianapolis Real Estate Market Conditions

  • Median sales price

    N/A
  • # Active listings

    100
    30-day change

Indianapolis Schools and Demographics

Education near Indianapolis, IN

Metric City County
High School Graduates 86.65 86.89
College Degree - 2 year 7.6 7.68
College Degree - 4 year 32.88 32.79
Graduate Degree 8.24 8.17
Expenditures per Student 14,503 14,503
Students per Teacher 17.7 17.7

Elementary Schools near Indianapolis, IN

School Grades Students P/T Ratio ZIP
Abraham Lincoln Elementary School KG - 05 858 20.9 46217
Arlington Elementary School KG - 05 597 19.9 46237
Bunker Hill Elementary School KG - 05 576 19.9 46237
Clinton Young Elementary School PK - 05 738 21.1 46227
Douglas Macarthur Elementary School KG - 05 650 21 46227
Glenns Valley Elementary School PK - 05 729 22.3 46217
Homecroft Elementary School KG - 05 506 19.1 46227
Jeremiah Gray-Edison Elementary School PK - 05 607 19.6 46227
Mary Bryan Elementary School PK - 05 785 23.1 46237
Paul I Miller School 114 PK - 06 519 14.8 46203
Raymond F Brandes School 65 PK - 06 263 12.5 46227
Rosa Parks-Edison Elementary School PK - 05 664 19.5 46217
Southport Elementary School KG - 05 537 19.9 46227
William Henry Burkhart Elementary School KG - 05 572 19.7 46227
William McKinley School 39 PK - 06 560 17 46203
Winchester Village Elementary School PK - 05 609 21.4 46227

Middle Schools near Indianapolis, IN

School Grades Students P/T Ratio ZIP
Beech Grove Middle School 07 - 08 481 20 46107
Emma Donnan Middle School 07 - 08 335 11.3 46203
Perry Meridian 6th Grade Academy 06 - 06 569 15.6 46217
Perry Meridian Middle School 07 - 08 1,194 19.7 46217
South Grove Intermediate School 04 - 06 650 20.3 46107
Southport 6th Grade Academy 06 - 06 545 14 46227
Southport Middle School 07 - 08 1,034 16.2 46227

High Schools near Indianapolis, IN

School Grades Students P/T Ratio ZIP
Beech Grove Senior High School 09 - 12 890 16.8 46107
Perry Meridian High School 09 - 12 2,256 20.5 46217
Southport High School 09 - 12 2,102 21.1 46227

Ungraded Schools near Indianapolis, IN

School Grades Students P/T Ratio ZIP
Indpls Lighthouse Charter School KG - 12 1,062 15.2 46203
Rise Learning Center KG - 12 113 7.1 46227
University Heights Preparatory ACD 06 - 12 179 11.2 46227

Demographics near Indianapolis, IN 46227

Metric Zip Code City
Neighborhood Type Suburban
Population 880,104 969,542
Population Density 2,434 2,446
Median Age 34.3 34.4
People per Household 2.5 2.5
Median Household Income 54,321 54,601
Average Income per Capita 31,538 31,668