Beech Grove renters looking for the least expensive areas to rent should look for the areas towards the red end of the spectrum on the rent cost map. Those who don't mind paying for high-end and luxury apartments should seek out apartments in the purple and dark green areas.
Rental Price Key
Luxury
High-end
Mid-tier
Most affordable
On average, the cost of rent in Beech Grove is about $1,004 per month. This puts it in the 75th percentile compared to the state average cost of rent, which is $1,043. Households in Beech Grove have a median income of $3,946 per month so the average renter in Beech Grove is spending roughly 25% of their earnings on housing.
Nationally, and in Beech Grove, home values are the data point most closely correlated with the cost of rent. The median price of a home in Beech Grove is $146,140 right now, which is lower than cities nearby, meaning that rents in Beech Grove also tend to be lower versus these nearby cities.
Higher rent prices are common in the northern parts of Beech Grove while lower rent rates are often available in southern areas.
Nearby Cities
- Homecroft, IN: more expensive rent prices
- Southport, IN: less expensive rent prices
- Indianapolis, IN: more expensive rent prices
- Warren Park, IN: less expensive rent prices
- Indianapolis, IN: more expensive rent prices
- Maxwell, IN: more expensive rent prices
- Greenwood, IN: more expensive rent prices
- Cumberland, IN: more expensive rent prices
- Pleasant View, IN: more expensive rent prices
- Wynnedale, IN: more expensive rent prices
Cities with Similar Populations
- Northview, MI: more expensive rent prices
- Wilmington Island, GA: more expensive rent prices
- Cedar Lake, IN: more expensive rent prices
- East Rancho Dominguez, CA: more expensive rent prices
- Pearl River, NY: more expensive rent prices
- Bel Air, MD: more expensive rent prices
- Bradley, IL: more expensive rent prices
- Booneville, MS: less expensive rent prices
- Bellevue, WI: less expensive rent prices
- Glenmont, MD: more expensive rent prices
All Local Stats
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