How much does it cost to move out in Indianapolis?

The total upfront cost to move out in Indianapolis typically ranges from $3,000 to $4,800, depending on your apartment and setup needs. This includes first month's rent ($1,200), security deposit ($1,200), and move-in essentials.

What salary do I need to rent an apartment in Indianapolis?

Following the 30% rule, you'd need a monthly income of at least $4,000 ($48,000/year) to comfortably afford the average 1BR in Indianapolis. Many landlords require proof of income 2-3x the monthly rent.

Is Indianapolis expensive to live in?

Indianapolis has a cost of living index of 91 compared to the US average of 100. This means it's 9% less expensive than the national average. Housing is the biggest factor, with average rents of $1,200/month for a 1BR.

How much should I save before moving to Indianapolis?

We recommend saving at least $6,000 to $8,400 before moving to Indianapolis. This covers upfront costs ($3,000-$4,200) plus a 2-3 month emergency fund.

What are the hidden costs of moving to Indianapolis?

Beyond rent and deposit, budget for: utilities setup ($100/month), internet (~$70/month), renters insurance (~$20/month), moving costs ($200-$1,500), and household essentials ($500-$2,000).

Can I afford to live alone in Indianapolis?

To live alone in Indianapolis, you need a stable income of at least $48,000/year and savings of $6,000+. If your income is lower, consider getting a roommate - this can reduce your housing costs by 30-40% and make Indianapolis more affordable.

What is the average rent in Indianapolis in 2026?

As of 2026, the average rent in Indianapolis is $1,200/month for a 1-bedroom apartment and $1,500/month for a 2-bedroom. Prices vary by neighborhood - areas outside the city center tend to be 10-20% cheaper.

How much is a security deposit in Indianapolis?

Security deposits in Indianapolis typically equal 1 month of rent ($1,200 for an average 1BR).

Is Indianapolis a good place for first-time renters?

Indianapolis is excellent for first-time renters due to its affordable housing costs. The rental market offers good options for newcomers. Use our calculator to determine if Indianapolis fits your budget.

How long does it take to save to move out in Indianapolis?

If you can save $600/month, you'll need about 10 months to save enough for Indianapolis. With more aggressive saving ($960/month), you could be ready in 7 months. Our calculator shows your personalized timeline.

USCost Index: 91

Indianapolis, IN Move Out Calculator: How Much Do You Need to Move Out?

Planning to move out in Indianapolis? Find out exactly how much money you need with our free move-out calculator. In Indianapolis, the average 1-bedroom apartment costs $1,200/month, you'll need approximately $3,600 in upfront costs, and a minimum salary of $48,000/year to live comfortably. Indianapolis is considered a affordable cost city - use the calculator below to get your personalized budget.