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193 Apartments under 1100 for rent in Zionsville, IN

Last updated October 17 at 6:14am UTC
Hunters Point Apartments
1422 Hunters Point Dr
Zionsville, IN
Updated October 17 at 6:11am UTC
1 Bedroom
$865
2 Bedrooms
$1,015
3 Bedrooms
$1,135
625 South Main Street
Northern Meadows
Zionsville, IN
Updated September 4 at 7:02am UTC
Studio
$500
Results within 1 miles of Zionsville, IN
8306 Glenwillow Lane
Trader's Point
Indianapolis, IN
Updated September 22 at 8:50am UTC
2 Bedrooms
$900
Results within 5 miles of Zionsville, IN
Dogwood Glen Apartments
2390 Woodglen Drive
Indianapolis, IN
Updated October 17 at 12:27am UTC
Studio
$485
1 Bedroom
$595
2 Bedrooms
Ask

October 2018 Zionsville Rent Report

Welcome to the October 2018 Zionsville Rent Report. Zionsville rents declined over the past month. In this report, we'll evaluate trends in the Zionsville rental market, including comparisons to cities throughout the state and nation.

View full Zionsville Rent Report
Rent Report
Zionsville

October 2018 Zionsville Rent Report

Welcome to the October 2018 Zionsville Rent Report. Zionsville rents declined over the past month. In this report, we'll evaluate trends in the Zionsville rental market, including comparisons to cities throughout the state and nation.

Zionsville rents decline sharply over the past month

Zionsville rents have declined 2.1% over the past month, but have remained steady at 0.4% in comparison to the same time last year. Currently, median rents in Zionsville stand at $1,240 for a one-bedroom apartment and $1,530 for a two-bedroom. This is the second straight month that the city has seen rent decreases after an increase in July. Zionsville's year-over-year rent growth lags the state and national averages, which both stand at 0.9%.

Rents rising across cities in Indiana

Throughout the past year, rents have remained steady in the city of Zionsville, but other cities across the entire state have seen rents increase. Of the largest 10 cities that we have data for in Indiana, all of them have seen prices rise. The state as a whole logged rent growth of 0.9% 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 $1,230; of the 10 largest Indiana cities that we have data for, all have seen rents rise year-over-year, with Noblesville experiencing the fastest growth (+4.9%).
  • Carmel, Mishawaka, and Greenwood have all experienced year-over-year growth above the state average (3.7%, 3.1%, and 2.3%, respectively).

Many large cities nationwide show more affordable rents compared to Zionsville

Rent growth in Zionsville has been relatively stable over the past year - some other large cities have seen more substantial increases; in contrast, rents in a few cities have actually declined. Compared to most large cities across the country, Zionsville is less affordable for renters.

  • Zionsville's median two-bedroom rent of $1,530 is above the national average of $1,180. Nationwide, rents have grown by 0.9% over the past year compared to the stagnant growth in Zionsville.
  • While rents in Zionsville remained moderately stable this year, similar cities saw increases, including Phoenix (+2.6%), Atlanta (+1.4%), and San Francisco (+1.1%); note that median 2BR rents in these cities go for $1,050, $1,190, and $3,110 respectively.
  • Renters will generally find more expensive prices in Zionsville than most large cities. For example, Detroit has a median 2BR rent of $890, where Zionsville is more than one-and-a-half times that price.

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 -0.0% 1.2%
Carmel $990 $1,230 0.5% 3.7%
Fishers $960 $1,190 -0.2% 0.4%
Noblesville $820 $1,010 -0.1% 4.9%
Greenwood $730 $900 0.3% 2.3%
Plainfield $780 $970 0.7% 2.1%
Zionsville $1,240 $1,530 -2.1% 0.4%

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.