Rentals – Indianapolis Business Journal

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U.S. renters see chance of owning a home at record low, survey shows

May 7, 2024

Amid elevated prices, high mortgage rates and difficulty saving money for a down payment, only about four in 10 renters think that they will be able to buy a home.

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Apartment growth supports surge in downtown Indianapolis living

February 17, 2023

Daniel Bradley

Nearly 29,000 residents now live downtown, up from about 15,000 in 2010. It’s a number that has been growing as developers continue to add apartment and condo units in the Mile Square and downtown neighborhoods.

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Short-term rentals are in high demand in Indianapolis for Final Four weekend

April 2, 2026 |

Susan Orr

Local hotel rooms are virtually sold out this weekend for the Final Four in Indianapolis, and property owners who rent out their homes on sites like Airbnb and Vrbo say they’re also seeing high demand.

Where did lawmakers land on data center payments, rental caps, IEDC credits?

February 27, 2026 | Marek Mazurek

Indiana lawmakers sent Gov. Mike Braun a hefty local finance bill on the last day of the legislative session, weighing in on thorny topics such as local income tax allocations, rental property caps and data centers.

Senate committee takes swings at rental cap ordinances, local taxes, data centers

February 18, 2026 | Marek Mazurek

Fishers Mayor Scott Fadness said he appreciates an attempt to compromise on rental cap ordinances, but feels the Legislature isn’t listening to what local communities want.

Abandoning homeownership may change how young people behave at work and home, research suggests

December 23, 2025 | The Washington Post

While 84% of the people born in 1950 became homeowners at some point in their working lives, the researchers estimated that only 74% of 1990 babies will follow suit.

Cities seek limits as out-of-state investment firms gobble up homes

January 24, 2025 | Daniel Bradley

Communities across central Indiana are taking notice as out-of-state investment companies continue to increase their market share of single-family houses and convert them to rentals.

‘Squatter’ bill, harm reduction policies bring advocates to Indiana Statehouse

January 16, 2025 | Whitney Downard, Indiana Capital Chronicle

Some advocates warn Senate Bill 157—which would require police to remove “squatters” within 48 hours—would allow landlords to skip the court, chipping away at tenants’ rights.

U.S. antitrust case alleges rent collusion enabled by tech firm’s software

August 23, 2024 | The Washington Post

The lawsuit is among the Justice Department’s first major enforcement actions in which software is being alleged as the primary means of collusion.

Biden to unveil plan to cap rents as GOP convention begins

July 15, 2024 | The Washington Post

The plan is likely to prove controversial among economists, including many Democrats. Experts on both sides of the aisle tend to argue that government limits on rent discourage new development by making it less lucrative.

City-County Council considers permit system for Airbnbs, VRBOs

July 12, 2024 | Taylor Wooten

The proposal would create a permitting system that imposes a $150 annual registration fee and allows the Department of Business and Neighborhood Services to conduct an inspection of the properties.

Analysis finds growing gap in Indiana’s housing affordability

July 3, 2024 | Whitney Downard, Indiana Capital Chronicle

The findings, from an annual report jointly published by the National Low Income Housing Coalition and Prosperity Indiana concluded that Indiana dropped from 43rd to 34th in terms of affordability between 2021 and 2024.

Future of Indy’s eviction-fighting program unclear as funding ends

April 19, 2024 | Taylor Wooten

The Tenant Advocacy Project, launched in 2021, is one of the few tools city officials have to fight Indianapolis’ high frequency of evictions, and organizers want to see the program continue.

Record number of Americans can’t afford their rent, new study finds

February 7, 2024 | Associated Press

After failing to make a significant dent in the problem over the last decade, state and federal lawmakers across the U.S. are making housing a priority in 2024 and throwing the kitchen sink at the issue.

Developers eyeing renters, not buyers, for new communities

November 3, 2023 | Daniel Bradley

Build-to-rent houses are typically built as a master-planned community with 100 to 200 houses, average monthly rents of around $2,000, and amenities.

Indy rental assistance program ‘temporarily’ halts applications

June 23, 2023 | Taylor Wooten

The IndyRent program “pause” is to ensure renters who have filled out an application can be given the remaining funding, according to the city. Indianapolis renters have recently experienced a higher rate of evictions than the rest of the nation.

Eviction filings 50% higher than in pre-pandemic in some cities as rents rise

June 18, 2023 | Associated Press

After a lull during the pandemic, eviction filings by landlords have come roaring back, driven by rising rents and a long-running shortage of affordable housing.

Many Hoosiers aren’t making enough to afford rent, report finds

June 15, 2023 | Marissa Meador, Indiana Capital Chronicle

Being able to afford rent, according to the report, means spending no more than 30% of your income on housing. With fair market rent for a two-bedroom home at $988 per month, wages are just not keeping up.

Indianapolis relaunches rental assistance program

April 24, 2023 | Taylor Wooten

The IndyRent application will reopen Thursday, April 27, with some new changes to the requirements and application process.

Downtown, Fort Ben are fastest-growing areas for renters

March 17, 2023 |

Mickey Shuey

The number of people renting in downtown’s 46204 ZIP code doubled to 5,500 from 2011 to 2020, according to a recent study from California-based market researcher RentCafe.

Rents accelerate most since 1990, keeping U.S. cost of living high

October 13, 2022 | Bloomberg News

Overall shelter costs in the United States saw their biggest year-over-year increase since 1982.

You don’t have to own a home to go solar; some renters have an option, too

September 26, 2022 | Bloomberg News

Twenty-one states and the District of Columbia allow community solar projects. Indiana is not one of them, according to the EPA.

MAY 22-28, 2026

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