Near West Side, IN

August 2026

47401,47403,47404

Long-term Rental Rates

Apartment

Unit Type	Price	1 Mo Change	1 Yr Change
1-Bedroom	$972 – $1,054	0.19%	-8.29%
2-Bedroom	$1,235 – $1,338	-1.71%	-10.93%
3-Bedroom	$1,663 – $1,838	10.31%	1.26%
4-Bedroom	$2,082 – $2,287	8.16%	4.11%

Condo/Townhome

Unit Type	Price	1 Mo Change	1 Yr Change
1-Bedroom	$1,201 – $1,237	-0.65%	-0.02%
2-Bedroom	$1,375 – $1,437	-1.84%	-4.43%
3-Bedroom	$1,610 – $1,744	1.25%	-1.19%
4-Bedroom	$2,083 – $2,190	0.40%	1.31%

Single-Family

Unit Type	Price	1 Mo Change	1 Yr Change
1-Bedroom	$979 – $1,029	-4.68%	-7.18%
2-Bedroom	$1,354 – $1,467	1.54%	6.08%
3-Bedroom	$1,901 – $2,102	2.93%	2.94%
4-Bedroom	$2,380 – $2,657	8.29%	7.37%

Data updated: September 25, 2026

Near West Side Rental Trends

Within Near West Side (47401, 47403, 47404), 1-bedroom apartments recorded a median rent of $1,145 in July 2026, a year-over-year increase of 2.89%. This segment saw the strongest annual growth among apartment offerings in Near West Side (47401, 47403, 47404).

Compared with apartments, 2-bedroom condos in Near West Side (47401, 47403, 47404) fell 5.18% month-over-month to $1,437, while 2BR apartments increased 0.96% to $1,396. This $41 price difference illustrates sharper short-term volatility for condos versus apartments in this segment.

Looking at larger units, Near West Side (47401, 47403, 47404) rental trends show 3-bedroom condos reached $1,661, with a -2.39% year-over-year decrease. This contrasts with 3BR apartments, which dropped sharply by -7.78% YoY, highlighting a wider gap in annual performance among multi-bedroom segments.

12-Month Median Rent Trend

Apartment

Month	1 BR	2 BR	3 BR	4 BR
August 2026	$1,013	$1,286	$1,751	$2,184
July 2026	$1,145	$1,396	$1,539	$2,070
June 2026	$1,147	$1,378	$1,605	$2,091
May 2026	$1,131	$1,318	$1,656	$2,124
April 2026	$1,020	$1,340	$1,602	$2,121
March 2026	$974	$1,463	$1,749	$2,184
February 2026	$1,020	$1,430	$1,737	$2,173
January 2026	$1,183	$1,423	$1,803	$2,222
December 2025	$1,073	$1,404	$1,747	$2,228
November 2025	$1,074	$1,415	$1,719	$2,209
October 2025	$1,071	$1,437	$1,686	$2,165
September 2025	$1,093	$1,399	$1,678	$2,118

Condo / Townhome

Month	1 BR	2 BR	3 BR	4 BR
August 2026	$1,219	$1,406	$1,677	$2,136
July 2026	$1,223	$1,437	$1,661	$2,130
June 2026	$1,232	$1,492	$1,649	$2,119
May 2026	$1,197	$1,505	$1,654	$2,126
April 2026	$1,228	$1,544	$1,736	$2,117
March 2026	$1,247	$1,518	$1,727	$2,141
February 2026	$1,266	$1,520	$1,726	$2,166
January 2026	$1,263	$1,566	$1,729	$2,247
December 2025	$1,247	$1,518	$1,756	$2,229
November 2025	$1,234	$1,518	$1,741	$2,215
October 2025	$1,212	$1,509	$1,737	$2,180
September 2025	$1,215	$1,486	$1,723	$2,137

Single-Family

Month	1 BR	2 BR	3 BR	4 BR
August 2026	$1,004	$1,411	$2,002	$2,519
July 2026	$1,048	$1,370	$1,928	$2,325
June 2026	$1,086	$1,377	$1,893	$2,381
May 2026	$1,066	$1,367	$1,922	$2,453
April 2026	$1,033	$1,367	$1,933	$2,478
March 2026	$1,137	$1,350	$1,901	$2,269
February 2026	$1,152	$1,364	$1,984	$2,511
January 2026	$1,154	$1,436	$1,807	$2,128
December 2025	$1,147	$1,381	$1,934	$2,381
November 2025	$1,147	$1,368	$1,958	$2,358
October 2025	$1,131	$1,370	$1,954	$2,370
September 2025	$1,116	$1,353	$1,900	$2,327