Meridian Hills, Indiana Rental Market Trends
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 Meridian Hills, Indiana rental market.
Meridian Hills, Indiana
Average Apartment Rent
$1,247
Y-o-Y Change in Average
Apartment Rent
2.2%
As of July 2024
Compared to a year ago, Meridian Hills, Indiana apartments have recorded a 2.2% rent increase.
Meridian Hills, Indiana |Average apartment rent trend
Meridian Hills, Indiana| Average apartment rent
Meridian Hills, Indiana | Apartment rent ranges
At 50.12%, apartments priced $1,000 - $1,500 represent the bulk of Meridian Hills, Indiana rentals, while condos priced $500 - $700 hold the lowest share of the market – 0.24%.
Meridian Hills, Indiana | Housing tenure**
Renters take up 0% of Meridian Hills, Indiana real estate, occupying a total of 1 units, while homeowners live in 651 properties.
Average household size of renter-occupied housing units**
4
Meridian Hills, Indiana | Renter-occupied housing units by no. of bedrooms**
All rentals in Meridian Hills, Indiana have 5 or more beds. That’s a total of 1 units.
Meridian Hills, Indiana |Renter-occupied units by age of householder**
All condos for rent in Meridian Hills, Indiana are occupied by residents in the 35 - 44 years age group.
Meridian Hills, Indiana | Renter-occupied housing units by family type**
Meridian Hills, Indiana | Renter-occupied housing units by the presence of own children**
A total of 1 apartments for rent in Meridian Hills, Indiana, or 100% of all rentals are family households. Additionally, 100% of rental homes include children under the age of 18 – that’s 1 units. All in all, the median size of a renter-occupied household in Meridian Hills, Indiana is 4.
Meridian Hills, Indiana | Renter-occupied housing units by educational attainment**
In terms of education, renters holding bachelor degrees or higher make up 100% of the rental market. In contrast, residents with less than a high school degree reside in 0% of the homes for rent in Meridian Hills, Indiana.
Meridian Hills, Indiana | Renter-occupied units by year structure built**
All Meridian Hills, Indiana apartment rentals, namely 1 units, were Built 1990 - 1999.
Meridian Hills, Indiana | Renter-occupied units by year householder moved in**
All Meridian Hills, Indiana renters Moved in 2018 to 2020.
Meridian Hills, Indiana | Renter-occupied housing units by vehicles available**
When it comes to transportation options, all Meridian Hills, Indiana renters have 2 or more vehicles available per household.
Meridian Hills, Indiana | Means of transportation to work of householders living in renter-occupied housing units**
Meridian Hills, Indiana |Geographical mobility in the past year for householders living in renter-occupied housing units**
Meridian Hills, Indiana | Average apartment rent by zip codes
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 Meridian Hills, 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
