Brownsburg, Indiana Rental Market Trends

Disclaimer:

Any shifts in rent prices brought forth by the COVID-19 pandemic are not yet reflected in the statistics on this page. Please bear this in mind when referencing the data below, as it may not accurately describe the current context of the Brownsburg, Indiana rental market.

Brownsburg, Indiana

Average Apartment Rent

$1,623

Y-o-Y Change in Average
Apartment Rent

8.1%

As of March 2026

Compared to a year ago, Brownsburg, Indiana apartments have recorded a 8.1% rent increase.

Brownsburg, Indiana Average apartment rent trend

Median Rent Jul 2023 Nov 2023 Mar 2024 Jul 2024 Nov 2024 Mar 2025 Jul 2025 Nov 2025 Mar 2026
Brownsburg $1,470 $1,419 $1,433 $1,484 $1,500 $1,502 $1,625 $1,650 $1,623
National $1,735 $1,724 $1,729 $1,750 $1,743 $1,749 $1,763 $1,749 $1,750
Brownsburg
National
Jul 2023
$1,470
$1,735
Nov 2023
$1,419
$1,724
Mar 2024
$1,433
$1,729
Jul 2024
$1,484
$1,750
Nov 2024
$1,500
$1,743
Mar 2025
$1,502
$1,749
Jul 2025
$1,625
$1,763
Nov 2025
$1,650
$1,749
Mar 2026
$1,623
$1,750

Brownsburg, Indiana Average Apartment Rent

Brownsburg, Indiana Apartment rent ranges

Under $1,000
$1,001 - $1,500
$1,501 - $2,000
$2,001 - $2,500
$2,501 - $3,000
Over $3,000

At 44.67%, apartments priced $1,500 - $2,000 represent the bulk of Brownsburg, Indiana rentals, while condos priced Over $3,000 hold the lowest share of the market – 1.11%.

Brownsburg, Indiana Housing tenure**

Renter occupied housing units 3,012
Owner occupied housing units 7,476

Renters take up 29% of Brownsburg, Indiana real estate, occupying a total of 3,012 units, while homeowners live in 7,476 properties.

Median number of rooms of renter-occupied housing units**

4.4

Renter median household income**

$61,455

Average household size of renter-occupied housing units**

2.15

Rental vacancy rate**

2%

Brownsburg, Indiana Renter-occupied housing units by no. of bedrooms**

No bedrooms 93
1 bed 501
2 beds 1,420
3 beds 938
4 beds 60

There are 1,420 rentals in Brownsburg, Indiana with 2 beds making up the highest share of the market, at 47%. Units with 4 beds, on the other hand, hold the lowest percentage (2%), amounting to 60 units. Overall, the median number of rooms in Brownsburg, Indiana homes for rent is 4.4.

Brownsburg, Indiana Renter-occupied units by age of householder**

15 - 24 years 297
25 - 34 years 1,013
35 - 44 years 547
45 - 54 years 377
55 - 59 years 84
60 - 64 years 122
65 - 74 years 318
75 - 84 years 157
85 years and over 97

Most condos for rent in Brownsburg, Indiana are occupied by residents in the 25 - 34 years age group (34%), followed by those in the 35 - 44 years age group (18%). At the same time, people in the 55 - 59 years age group make up the lowest share of the local rental market – 3%.

Brownsburg, Indiana Renter-occupied housing units by family type**

Family households 1,599
Non-Family Households 1,413

Brownsburg, Indiana Renter-occupied housing units by the presence of own children**

With related children of the householder under 18 861
No related children of the householder under 18 2,151

A total of 1,599 apartments for rent in Brownsburg, Indiana, or 53% of all rentals are family households. Additionally, 29% of rental homes include children under the age of 18 – that’s 861 units. All in all, the median size of a renter-occupied household in Brownsburg, Indiana is 2.15.

Brownsburg, Indiana Renter-occupied housing units by educational attainment**

Less than high school graduate 167
High school graduate (including equivalency) 1,080
Some college or associate's degree 808
Bachelor's degree or higher 957

In terms of education, renters holding bachelor degrees or higher make up 32% of the rental market. In contrast, residents with less than a high school degree reside in 6% of the homes for rent in Brownsburg, Indiana.

Brownsburg, Indiana Renter-occupied units by year structure built**

Built 2020 or later 25
Built 2010 - 2019 688
Built 2000 - 2009 590
Built 1990 - 1999 657
Built 1980 - 1989 223
Built 1970 - 1979 232
Built 1960 - 1969 193
Built 1950 - 1959 111
Built 1940 - 1949 200
Built 1939 or earlier 93

The highest share of Brownsburg, Indiana apartment rentals, namely 23% or 688 units, were Built 2010 - 2019, followed by those Built 1990 - 1999 (22%, 657 units), and the ones Built 2000 - 2009 (20%, 590 units).

Brownsburg, Indiana Renter-occupied units by year householder moved in**

Moved in 2021 or later 229
Moved in 2018 to 2020 1,025
Moved in 2010 to 2017 1,399
Moved in 2000 to 2009 330
Moved in 1989 or earlier 22

Median year renter moved into unit 2017

Most Brownsburg, Indiana renters (46%) moved in 2010 to 2017, while only 1% of them moved in 1989 or earlier. Overall, the median year renters have occupied their Brownsburg, Indiana condos for rent is 2017.

Brownsburg, Indiana Renter-occupied housing units by vehicles available**

No vehicle available 235
1 vehicle available 1,415
2 vehicles available 1,030
3 or more vehicles available 332

When it comes to transportation options, 47% of Brownsburg, Indiana renters have 1 vehicle available per household, 34% of them have 2 vehicles available, and 11% have 3 or more vehicles available.

Brownsburg, Indiana Means of transportation to work of householders living in renter-occupied housing units**

Car, truck, or van - drove alone 3,047
Car, truck, or van - carpooled 422
Walked 97
Taxicab, motorcycle, bicycle, or other means 36
Worked at home 330

Brownsburg, Indiana Geographical mobility in the past year for householders living in renter-occupied housing units**

Same house as 1 year ago 4,699
Moved within same county 970
Moved from different county within same state 572
Moved from different state 202

The rental statistics on this page were compiled using data provided by our sister company, Yardi Matrix, an apartment market intelligence solution which offers comprehensive information on all Brownsburg, Indiana apartment buildings 50 units or larger. Yardi Matrix covers ~80% of the U.S. metro area population, including over 80,000 properties and 15.2 million apartments across 124 U.S. markets.

*Average single-family rent calculated from point2homes.com data.

**Data sourced from U.S. Census Bureau; American Community Survey, 2022 American Community Survey 5-Year Estimates

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