Average Rent in Boone County
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Boone County, Indiana, offers a vibrant blend of suburban comfort and easy access to the cultural and educational hubs of the Indianapolis metropolitan area. With leafy neighborhoods, well‑maintained parks such as the popular Raccoon Creek Nature Preserve, and a growing selection of dining and shopping destinations, the county attracts professionals, families, and students alike. Its close proximity to Indiana University–Purdue University Indianapolis (IUPUI) and major highways makes commuting straightforward while preserving a relaxed, community‑focused atmosphere.
The rental market in Boone County reflects this diversity, providing a broad spectrum of housing options. Apartment seekers can find contemporary one‑bedroom units in the $1400s, while spacious three‑bedroom layouts typically fall within the $2000 range. House rentals offer comparable flexibility, with cozy one‑bedroom homes starting around $1300 and larger four‑plus‑bedroom properties reaching the $2700‑$2800 tier. This range accommodates a variety of budgets and lifestyle preferences, from young professionals desiring modern amenities to growing families needing ample space.
Prospective renters appreciate Boone County’s balance of affordability, quality of life, and convenient location. The steady demand for both apartments and single‑family homes underscores a healthy rental market, supported by ongoing residential development and local economic growth. Whether you’re drawn by the county’s inviting neighborhoods, its strong schools, or the ease of accessing downtown Indianapolis, Boone County stands out as a welcoming place to call home.
Boone Rent by Property Type & Bedroom Count
Averages, medians, and ranges across recent rental listings
| Property Type | Bedrooms | Average | Median | Min – Max | 25th – 75th |
|---|---|---|---|---|---|
| Apartment | Studio | $1,575 | $1,494 | $1,394 – $1,839 | $1,394 – $1,839 |
| Apartment | 1 Bedroom | $1,452 | $1,434 | $749 – $2,880 | $1,195 – $1,603 |
| Apartment | 2 Bedroom | $1,607 | $1,642 | $895 – $2,444 | $1,325 – $1,969 |
| Apartment | 3 Bedroom | $2,199 | $2,195 | $1,099 – $3,309 | $1,977 – $2,395 |
| House | 2 Bedroom | $1,615 | $1,497 | $995 – $2,800 | $1,100 – $2,000 |
| House | 3 Bedroom | $2,194 | $2,159 | $1,379 – $4,500 | $1,905 – $2,400 |
| House | 4+ Bedroom | $2,724 | $2,575 | $1,595 – $5,000 | $2,270 – $2,950 |
Current rent in Boone (all property types): Studio $1,576, 1 Bedroom $1,414, 2 Bedroom $1,611, 3 Bedroom $2,180, 4+ Bedroom $2,725.
About this data
Rent statistics, listings analysis, and visualizations on this page are produced by Rentometer, Inc.
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