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80 2 Bedroom Apartments for rent in Noblesville, IN

12873 Tradd Street
12873 Tradd Street
Carmel, IN
Updated February 19 at 02:00pm
2 Bedrooms
$1,150
607 East 82nd Street
607 East 82nd Street
Indianapolis, IN
Updated February 19 at 02:00pm
2 Bedrooms
$1,350
651 Village Place North Drive
651 Village Place North Dr
Hamilton County, IN
Updated February 19 at 02:00pm
2 Bedrooms
$995
8651 JAFFA COURT EAST Drive
8651 Jaffa Ct Edr
Indianapolis, IN
Updated February 19 at 02:00pm
2 Bedrooms
$1,600
8651 West Jaffa Court Drive
8651 Jaffa Court East Dr
Indianapolis, IN
Updated February 19 at 02:00pm
2 Bedrooms
$1,395
1876 Misty Lake Drive
1876 Misty Lake Drive
Indianapolis, IN
Updated February 19 at 02:00pm
2 Bedrooms
$1,270
8650 JAFFA COURT WEST Drive
8650 Jaffa Court West Dr
Indianapolis, IN
Updated February 19 at 02:00pm
2 Bedrooms
$1,600
1423 Shadow Ridge Road
1423 Shadow Ridge Road
Carmel, IN
Updated February 19 at 02:00pm
2 Bedrooms
$1,550

February 2019 Noblesville Rent Report

Welcome to the February 2019 Noblesville Rent Report. Noblesville rents declined over the past month. In this report, we'll evaluate trends in the Noblesville rental market, including comparisons to cities throughout the state and nation.

View full Rent Report

February 2019 Noblesville Rent Report

Welcome to the February 2019 Noblesville Rent Report. Noblesville rents declined over the past month. In this report, we'll evaluate trends in the Noblesville rental market, including comparisons to cities throughout the state and nation.

Noblesville rents declined significantly over the past month

Noblesville rents have declined 0.4% over the past month, but are up sharply by 7.6% in comparison to the same time last year. Currently, median rents in Noblesville stand at $830 for a one-bedroom apartment and $1,030 for a two-bedroom. Noblesville's year-over-year rent growth leads the state average of 0.7%, as well as the national average of 1.0%.

    Rents rising across cities in Indiana

    Throughout the past year, rent increases have been occurring not just in the city of Noblesville, but across the entire state. Of the largest 10 cities that we have data for in Indiana, 9 of them have seen prices rise. The state as a whole logged rent growth of 0.7% over the past year. Here's a look at how rents compare across some of the largest cities in the state.

    • Looking throughout the state, Carmel is the most expensive of all Indiana's major cities, with a median two-bedroom rent of $1,200; of the 10 largest cities in the state that we have data for, Fort Wayne, where a two-bedroom goes for $760, is the only major city to see rents fall year-over-year (-0.2%).
    • Noblesville, Carmel, and Greenwood have all experienced year-over-year growth above the state average (7.6%, 1.8%, and 1.7%, respectively).

    Noblesville rents more affordable than many large cities nationwide

    As rents have increased sharply in Noblesville, a few large cities nationwide have seen rents grow more modestly. Noblesville is still more affordable than most large cities across the country.

    • Noblesville's median two-bedroom rent of $1,030 is below the national average of $1,170. Nationwide, rents have grown by 1.0% over the past year compared to the 7.6% rise in Noblesville.
    • While Noblesville's rents rose sharply over the past year, many cities nationwide also saw increases, including Phoenix (+3.6%), San Francisco (+2.7%), and Denver (+2.5%).
    • Renters will find more reasonable prices in Noblesville than most large cities. For example, San Francisco has a median 2BR rent of $3,090, which is nearly three times the price in Noblesville.

    For more information check out our national report. You can also access our full data for cities and counties across the U.S. at this link.

    City
    Median 1BR price
    Median 2BR price
    M/M price change
    Y/Y price change
    Indianapolis
    $690
    $860
    -0.1%
    0.8%
    Carmel
    $970
    $1,200
    0.9%
    1.8%
    Fishers
    $970
    $1,200
    -0.2%
    0.7%
    Noblesville
    $830
    $1,030
    -0.4%
    7.6%
    Greenwood
    $730
    $910
    0.8%
    1.7%
    Plainfield
    $780
    $960
    0.5%
    1.5%
    Greenfield
    $710
    $880
    -1%
    1.4%
    Zionsville
    $1,240
    $1,540
    -0.6%
    4.4%
    See More

    Methodology - Recent Updates:

    Data from private listing sites, including our own, tends to skew toward luxury apartments, which introduces sample bias when estimates are calculated directly from these listings. To address these limitations, we’ve recently made major updates to our methodology, which we believe have greatly improved the accuracy and reliability of our estimates.

    Read more about our new methodology below, or see a more detailed post here.

    Methodology:

    Apartment List is committed to making our rent estimates the best and most accurate available. To do this, we start with reliable median rent statistics from the Census Bureau, then extrapolate them forward to the current month using a growth rate calculated from our listing data. In doing so, we use a same-unit analysis similar to Case-Shiller’s approach, comparing only units that are available across both time periods to provide an accurate picture of rent growth in cities across the country.

    Our approach corrects for the sample bias inherent in other private sources, producing results that are much closer to statistics published by the Census Bureau and HUD. Our methodology also allows us to construct a picture of rent growth over an extended period of time, with estimates that are updated each month.

    Read more about our methodology here.

    About Rent Reports:

    Apartment List publishes monthly reports on rental trends for hundreds of cities across the U.S. We intend these reports to be a source of reliable information that help renters and policymakers make sound decisions, and we invest significant time and effort in gathering and analyzing rent data. Our work is covered regularly by journalists across the country.

    We are continuously working to improve our methodology and data, with the goal of providing renters with the information that they need to make the best decisions.