Long-term Rental Rates — August 2026 · ZIPs: 46037,46038,46040
Local market data by Estaite
As of August 2026, rental prices in Fishers, IN range from $1,399 to $2,621 per month depending on property type and bedroom count.
The largest year-over-year increase occurred in 4BR apartments, which rose 10.42%.
For 2BR units, apartments have a median rent of $1,725 compared to $1,743 for condos/townhomes and $1,611 for single-family homes.
What are the current rental prices in Fishers, IN?
As of August 2026, rents in Fishers, IN range from $1,399 to $2,621 per month depending on property type and bedroom count.
How do apartment rents compare to condo/townhome rents for the same bedroom count in Fishers, IN?
In Fishers, IN as of August 2026, apartment rents are slightly below or nearly equal condo/townhome rents across bedroom types, such as $1,434 for a 1BR apartment vs $1,438 for a 1BR condo/townhome, $1,725 for a 2BR apartment vs $1,743 for a 2BR condo/townhome, and $2,055 for a 3BR apartment vs $2,124 for a 3BR condo/townhome.
How do condo/townhome rents compare to single-family rents for the same bedroom count in Fishers, IN?
As of August 2026 in Fishers, IN, condo/townhome rents are higher than single-family rents for the same number of bedrooms, with 2BR condos/townhomes at $1,743 versus $1,611 for single-family homes, and 3BR condos/townhomes at $2,124 compared to $2,191 for single-family.
Which rental segment in Fishers, IN stands out with an unusual number in August 2026?
The 4BR apartment segment in Fishers, IN stands out with a 10.42% year-over-year rent increase, the highest growth among all property and bedroom types.
Fishers, IN
August 2026
46037,46038,46040
Long-term Rental Rates
Apartment
Unit Type
Price
1 Mo Change
1 Yr Change
1-Bedroom
$1,397 – $1,460
0.20%
3.62%
2-Bedroom
$1,671 – $1,756
0.70%
-0.17%
3-Bedroom
$2,003 – $2,135
0.42%
4.19%
4-Bedroom
$2,581 – $2,745
0.58%
10.27%
Condo/Townhome
Unit Type
Price
1 Mo Change
1 Yr Change
1-Bedroom
$1,409 – $1,472
0.79%
5.62%
2-Bedroom
$1,715 – $1,803
1.26%
2.48%
3-Bedroom
$2,131 – $2,309
-1.83%
2.49%
4-Bedroom
$2,481 – $2,667
0.65%
8.71%
Single-Family
Unit Type
Price
1 Mo Change
1 Yr Change
1-Bedroom
$1,366 – $1,436
1.23%
9.37%
2-Bedroom
$1,587 – $1,702
1.99%
9.04%
3-Bedroom
$2,064 – $2,268
-1.25%
3.40%
4-Bedroom
$2,398 – $2,661
0.39%
4.94%
Data updated: September 22, 2026
Fishers Rental Trends
In the Fishers (46037, 46038, 46040) rental market, 4-bedroom single-family homes reached a median rent of $2,547, up 5.85% month-over-month. This segment showed the largest monthly increase across all property types, highlighting a spike in demand for spacious rental inventory.
While most segments rose, 1-bedroom single-family rents in Fishers (46037, 46038, 46040) fell sharply to $1,175, a decline of 11.0% month-over-month and 4.1% year-over-year. These figures contrast the growth seen in larger units during the same period.
The apartment sector’s strength is evident as Fishers (46037, 46038, 46040) rental trends reveal 4-bedroom apartments averaging $2,476—outperforming 4-bedroom condos at $2,420 by $56, with apartments posting a 9.4% year-over-year increase as well.