Find property management in Indianapolis, IN

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Review listings of top local property managers that fit your criteria
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 5
Apartment Buildings 7
Home Owners Association 3
Total Local Companies 10

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

6470 N Rural St.
Indianapolis, IN 46220

Managing: Single-Family :
We strive to make the investment of your property free of stress, easy to understand, and enjoyable.
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...

2222 Cunningham Road Suite 2
Indianapolis, IN 46224

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

Top Multi-Family Managers

2222 Cunningham Road Suite 2
Indianapolis, IN 46224

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

10475 Crosspoint Blvd
Indianapolis, IN 46256

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

130 Linden Oaks Drive
Rochester, NY 14625

Managing: Association : Commercial
Maximizing the value of our clients' real estate interests since 1971.
Free Quote...

Additional Indianapolis, IN Property Management Companies

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...

Indianpolis, IN

Managing: Multi-Family :
Multifamily Management Inc. (MMI) has been serving the Southern United States and surrounding areas for decades.
Free Quote...

652 N. Girls School Rd., Suite 110
Indianapolis, IN 46214

Managing: Multi-Family : Commercial
Experienced, successful agents have the knowledge and skill to make this a successful, pleasant experience.
Free Quote...

Rental Ranking

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

2014 Q2 Report

All Property Management released the latest US regionally ranked data.
View report >

About Rental Ranking >
How is this Calculated >
Indianapolis Companies >

Top US Cities

View Full Report

The top five rental ROI cities per region


  1. Grand Rapids, MI
  2. Indianapolis, IN
  3. Omaha, NE
  4. St. Louis, MO
  5. Minneapolis, MN

Indianapolis, IN: Rental Property ROI Analysis

2014 Q2 Data Vacancy Rate Rent Variance Cap Rate Appreciation Job Growth Days on Market
Indianapolis 10.9% 1.85% 10.4% 5.35% 1.94% 61
75 US City Avg. 8.00% 0.57% 7.78% 5.00% 1.59% 73

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, Indiana continues to be popular with residents of all types. Not only does it have the third-best downtown in America according to, 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 Q2 2014 Rental Ranking Report just ranked Indianapolis as the 2nd best city for rental real estate investment in the Midwest, up three spots from the last quarter. Indianapolis is also currently the sixth-best market in the country, with an impressive jump up 13 spots from last quarter.


What data is this based on?

To calculate the All Property Management Rental Ranking Report, we explore a number of different sources, including current government housing and jobs data, as well as housing appreciation forecasts for 75 cities across the United States. We look at specific factors such as home vacancy rates, capitalization rates, home value appreciation rates, annual job growth, change in rental rates, and average days a property stays on the market to determine which U.S. cities are poised to give investors the highest return on their rental investment.


Indianapolis, although not the head of the leader board in any one category, has a strong showing in each of these input values with the exception of vacancy rates. A positive capitalization rate of 9.2 percent, for example, shows that property owners can expect a nice rate of return on their rental properties in Indianapolis. This figure is quite impressive, as it ranks 13th out of the 75 Metropolitan Statistical Areas that All Property Management evaluates for the Rental Ranking Report. Similarly, the rent variance, which looks at the change in rental rates year-over-year, is promising with an increase of 1.85 percent. Lastly, the average home in Indianapolis was only on the market 61 days prior to being sold. For reference, the top-performing city in this category is Denver, Colorado with just 25 days on market.


What does a high-ranking mean?

Is owning a rental property in Indianapolis profitable?
Quite simply, there has never been a better time to consider rental property investment in Indianapolis and the surrounding areas. A combination of good rent variance and capitalization rates means that investment properties in Indianapolis can pay off financially.


Thinking about renting out your Indianapolis property? Seek the assistance of a local, qualified property manager and automate your rental profit. Get free quotes emailed to you from 5 competing Indianapolis property management companies to compare rates and calculate the ROI. Or call 1-877-780-4510 to speak with a representative.


Our team at All Property Management specializes in connecting property owners with property agents in communities across the country. Expert property managers can assist with setting rental rates, advertising your property, screening and managing tenants, collecting rent, managing vendor relationships, and ensuring you are complying with local, state, and federal housing regulations, thus taking the hassle and worry out of managing your property. We look forward to working with you and welcome the opportunity to help you with all your property management needs.