Indianapolis Is America’s Best City For Renters In 2017 | Forbes


Indianapolis tops our list of the best cities for renters this year thanks to astonishingly low average monthly rents and astonishingly high levels of affordability.

The average Indianapolis rent is just $806, eating up a mere 17% of the median household income for the city. That makes Indianapolis the cheapest place to rent of the cities we analyzed and the second most affordable. Only Kansas City, Mo., has a better rental affordability score at 16% of income.

And Indianapolis has a 5.6% apartment vacancy rate, which makes it easier for renters to find a place and harder for landlords to hike prices — rent increased just 2.5% last year in the city.

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