Fishers, IN Rental Market
Fishers is one of the fastest-growing cities in Indiana and the broader Midwest, transforming from a small bedroom community into a full-service city with its own downtown, tech district, and healthcare corridor. Salesforce, KAR Auction Services, and Indiana University Health have significant presences, and the city actively recruits tech employers. Fishers offers Carmel-comparable school quality at slightly lower home price points.
Get a rent estimate for an address in FishersAverage Rent in Fishers, IN
$1,380
per month · 2026-06
Market Score
Key Facts — Fishers, IN Rental Market
- Average rent in Fishers, IN:$1,380/mo
- Median rent:$1,270/mo
- Rent range:$700 – $3,050/mo
- Most common rental (2 bedrooms):$1,225/mo
- Active listings:380
- Avg days to lease:27 days
- Year-over-year change:+4.0%
- Median home value:$310,000
- Est. gross annual yield:5.3%
- Data as of:2026-06
Rent by Bedroom in Fishers, IN
Average monthly rent for each bedroom type based on current active listings in Fishers.
| Bedroom Type | Avg Rent/mo |
|---|---|
1 Bedroom | $1,000/mo |
2 Bedrooms | $1,225/mo |
3 Bedrooms | $1,550/mo |
4 Bedrooms | $1,900/mo |
5 Bedrooms | $2,175/mo |
Fishers Rental Market Statistics
Key indicators from the current Fishers, IN rental market.
380
Available now in Fishers
27
From list to lease
$1.06
Average across listings
1,307 sq ft
Typical rental size
$700 – $3,050
Min to max active listings
+4.0%
Avg rent vs. prior year
Investing in Fishers, IN Rental Properties
Estimated returns based on current market rents and median home values. Perform full due diligence before investing.
Median Home Value
$310,000
Typical purchase price in Fishers
Est. Gross Annual Yield
5.3%
Before expenses & vacancy
Avg Monthly Income
$1,380
At average market rent
Gross yield = (avg rent × 12) ÷ median home value. Does not include expenses, financing, vacancies, or management fees. Analyze a specific property in Fishers for a full cash-flow breakdown including all costs.
Fishers, IN Rental Market FAQ
Common questions about renting and investing in Fishers, IN.
What is the average rent in Fishers, IN?
The average rent in Fishers, IN is $1,380 per month as of 2026. Two-bedroom units average $1,225/mo and three-bedroom homes average $1,550/mo. Fishers offers a slightly lower rent level than neighboring Carmel while sharing comparable schools and amenities.
Is Fishers, IN a good place to invest in rental property?
Fishers offers a 5.3% estimated gross yield with strong 4% year-over-year rent growth and excellent tenant quality from tech and healthcare workers. As one of the fastest-growing cities in the Midwest, the long-term supply-demand dynamic favors landlords.
How competitive is the Fishers, IN rental market?
Fishers averages just 27 days on market with approximately 380 active listings. The market is highly competitive for well-maintained single-family homes and newer apartment communities in the Nickel Plate District and HSE school district zone.
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