Find property management in Indianapolis, IN

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We know the best property managers in Indianapolis, IN.
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How We Help Find Your Perfect Indianapolis, IN Property Manager

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Review listings of top local property managers that fit your criteria
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Discuss your unique needs with the property managers
Discuss your unique needs with the property managers
Specialty # of Agencies
Single House or Condo 10
Apartment Buildings 12
Home Owners Association 3
Total Local Companies 15

The average rent for a 3 bedroom house in Indianapolis, IN is $1,104.00. When you receive your requested free market assessment, compare the average rent to what a property manager expects your property to rent for before making your decision on which manager to hire.

Indianapolis, IN Rental Market Overview

While hiring in the Indianapolis metro region increased by 2.1% over last year and more than 18,400 new jobs were created. Indianapolis has seen steady installation of luxury Class A apartment units. According to Tikijan Associates (a multi-housing investment advisory group, in Indianapolis: "nearly all of the new construction is in one of two categories: (i) tax credit affordable housing or (ii) Class A luxury apartments. The cost of new construction is simply too high to build conventionally financed properties (non-tax credit properties) unless rent can reach levels achieved only by upscale properties."

There are numerous factors to consider in unique rental markets like this one. That's why a number of landlords and independent investors consult with a local property manager prior to expanding or modifying their rental asset portfolios. These property managers often have insights that go far beyond the data found in investment firm spreadsheets and flashy executive summaries.

Indianapolis Renting Resources

> Indiana State Legal Regulations

> 300 Most Popular Property Management Companies

Top Single Family Managers

Statewide, IN

Managing: Single-Family : Multi-Family :
If your tenant doesn't pay, we'll replace them at no cost to you!
Free Quote...

11650 Lantern Rd.
Fishers, IN 46038

Managing: Single-Family : Multi-Family :
Personal Real Estate Services Based on Honesty, Dedication, and Integrity.
Free Quote...

5222 S. East Street
Indianapolis, IN 46227

Managing: Single-Family :
IndyPM is truly the BEST partner for investors from all around the world! We are THE management company in Indianapolis!
Free Quote...

Top Multi-Family Managers

324 S Elm St , Ste 300
Greensboro, NC 27401

Managing: Multi-Family :
Clear and focused on results.
Free Quote...

Statewide, IN

Managing: Single-Family : Multi-Family :
If your tenant doesn't pay, we'll replace them at no cost to you!
Free Quote...

11650 Lantern Rd.
Fishers, IN 46038

Managing: Single-Family : Multi-Family :
Personal Real Estate Services Based on Honesty, Dedication, and Integrity.
Free Quote...

Top Association Managers

8425 Keystone Crossing #108
Indianapolis, IN 46240

Managing: Association :
Known for innovation, know-how and integrity in managing Homeowner and Condominium Associations.
Free Quote...

Managing: Multi-Family : Association :
Towne's 50+ years of Apartment and Association Management experience and service is unmatched!
Free Quote...

800 S. Gay Street , Suite 700
Knoxville, TN 37929

Managing: Association :
We ONLY offer REMOTE and VIRTUAL accounting services to Community Associations.
Free Quote...

Additional
Indianapolis, IN Property Management Companies

9860 Westpoint Dr. Ste 400
Indianapolis, IN 46256

Managing: Single-Family : Multi-Family :
Experienced. Reliable. Local.
Free Quote...

2050 E. 96th St.
Indianapolis, IN 46240

Managing: Single-Family : Multi-Family :
Turn to the Experts in Indianapolis Rentals
Free Quote...

4022 E. Southport Rd.
Indianapolis, IN 46237

Managing: Single-Family : Multi-Family :
Experience that's affordable! We understand the needs of real estate investors and property owners.
Free Quote...

5665 W. State Rd 46
Bloomington, IN 47404

Managing: Multi-Family :
Unlocking the Potential in Your Property
Free Quote...

1801 Main Street
Lafayette, IN 47904

Managing: Single-Family : Multi-Family :
Taking care of your investment is our primary mission and we can make owning an investment property painless and care-free.
Free Quote...

2222 Cunningham Road Suite 2
Indianapolis, IN 46224

Managing: Single-Family : Multi-Family :
The most trusted name in Property Management is REAL!
Free Quote...

8445 Vine Maple Way
Indianapolis, IN 46278

Managing: Single-Family : Multi-Family :
We take great pride in protecting our client's investments and love to go the extra mile to make our clients raving fans.
Free Quote...

9840 Westpoint Dr. Suite 400
Indianapolis, IN 46256

Managing: Single-Family : Multi-Family :
Since 1994, our family-owned, locally-based, business has provided blue ribbon services while treating every owner eth...
Free Quote...

Rental Ranking

  • What is it?
    • It measures a city's attractiveness for real estate investment.
      Higher Ranking = Higher Rental ROI Capacity.

Top US Cities

View Full Report

The top five rental ROI cities per region

Midwest

  1. Minneapolis, MN
  2. Indianapolis, IN
  3. Akron, OH
  4. Columbus, OH
  5. Cincinnati, OH

Indianapolis, IN: Rental Property ROI Analysis

Q1 2015 Data Vacancy Rate Rent Variance Cap Rate Appreciation Job Growth Days on Market
Indianapolis 7.20% 1.72% 8.98% 3.84% 2.97% 73
75 U.S. City Avg. 7.12% 2.71% 7.18% 5.65% 2.22% 70

Big enough to offer all the choices and amenities one expects of a large city, yet small enough to make getting around manageable, the city of Indianapolis, the City of Statues, continues to be popular with residents of all types. Not only does it have the third-best downtown in America, according to Livability.com, but USA Today also ranks it as the winningest sports city in North America.

It probably comes as no surprise, then, that Indianapolis is also a great place to own rental property. In fact, All Property Management found in its Q1 2015 Rental Ranking Report that Indianapolis is the second-best city for rental real estate investment in the Midwest. It's also the 18th-best rental market in the country out of the 75 markets we track, on the strength of its solid rental yields and a relatively low cost of living.

Indianapolis benefits from being the Indiana state capital, which equates to a good deal of economic stability, as state governments rarely engage in mass layoffs. This is reflected in its solid showing in the job growth category, with 2.97 percent employment growth in the city - 22nd-best out of 75 markets. While Indianapolis posts respectable rental market statistics across the board, it's a leader in cap rates, or the rate of rental return per dollar of home value. Its cap rate of 8.98 percent is the 9th best in the nation and shows that property owners can expect a nice rate of return on their rental properties there.

What data is this Rental Ranking Report based on?

To calculate the statistics found in the Q1 2015 Rental Ranking Report, All Property Management gathered data, including the most recent government housing and jobs data, for 75 metros across the United States. Specifically, we looked at home vacancy, capitalization, home value appreciation and job growth rates, changes in rental prices, and the average number of days properties have been on the market to determine which U.S. metros will give investors the highest returns on rental investments. Click here to learn more about the Rental Ranking metrics.

Should I invest in Indianapolis rental property?

Quite simply, there has never been a better time to invest in rental real estate in the Indianapolis metropolitan area. The combination of excellent capitalization rates and a growing local economy indicates that investment properties in Indianapolis are promising indeed.

Thinking about renting out a property in Indianapolis? Save time, avoid hassle and maximize your rental income by having a professional property management company operate your rental property for you. Click here to get a free quote from a local property manager or call 877-780-4510 to have the All Property Management staff get quotes for you.

All Property Management specializes in connecting rental property owners with professional property managers in communities across the United States. These property managers help set rental rates, advertise properties, screen and manage tenants, collect rent, manage vendor relationships and ensure compliance with local, state and federal housing regulations. They take the hassle and worry out of managing rental properties - all while maximizing rental property owners' rental incomes.