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    Average Rent in Fishers, IN (2026)

    The average 1-bedroom rent in Fishers, IN is $1,670/month as of 2026, based on HUD data across 1 ZIP codes. Rents have changed +0.7% year over year. Rents range from $1,670 to $1,670.

    Average Rent · 1-Bedroom

    $1,670/mo

    Source: HUD Fair Market Rent · 1 zip codes

    Year-over-Year

    ↑ +0.7%

    Source: Apartment List, Zillow ZORI, HUD Fair Market Rent

    Data through

    The average 1-bedroom rent in Fishers, IN is $1,670/month according to HUD FY2026 Fair Market Rent data, covering 1 ZIP codes. Rents have increased 0.7% year-over-year. The average 1-bedroom rent in Fishers is 40% above the national average of $1,196/month.

    Average rent in Fishers, IN ranges from $1,670 to $1,670 across 1 ZIP codes.

    Based on local market data, a fair rent increase in Fishers, IN is approximately 0.7% for 2026. An increase above 0.7% exceeds the local market trend and may be worth negotiating.

    Key Facts

    Average 1-BR rent: $1,670/mo
    Year-over-year change: +0.7%
    Coverage: 1 ZIP codes
    Data source: HUD Small Area FMR FY2026
    vs. national avg: 40% above ($1,196/mo)

    Sources: Apartment List, Zillow ZORI, HUD Fair Market Rent, HUD SAFMR, Rentcast. Updated February 2026.

    How much is rent in Fishers, IN?

    The average 1-bedroom rent in Fishers, IN is $1,670/month as of 2026, based on HUD data across 1 ZIP codes. Rents across Fishers are relatively uniform, clustering around $1,670/month. To afford this at the 30% rule, a household would need approximately $66,800/year.

    Is rent going up in Fishers?

    Rents in Fishers have increased 0.7% year over year based on local market data. This suggests a relatively stable rental market.

    What is a fair rent increase in Fishers?

    Based on local market data, a rent increase around 0.7% is in line with the Fishers market for 2026. An increase above that level exceeds the local trend and may be worth pushing back on. Check your specific increase with RenewalReply's free rent analysis tool.

    Rent Trends in Fishers

    +0.7%

    Rents in Fishers are rising at +0.7% year-over-year.

    ⚠ Mixed signals

    Market sources range from -2.2% to +15.2%

    Why the range? Zillow ZORI tracks what landlords are asking for units (+0.3%), while Apartment List tracks what renters actually sign leases at (-2.2%).Landlords are asking more than renters are paying — this suggests renters may have negotiating leverage in Fishers right now.

    Sources: Apartment List, Zillow ZORI, HUD Fair Market Rent

    What Should Rent Cost in Fishers?

    Typical rent ranges based on HUD benchmarks and market data. In areas with limited listing data, ranges reflect federal benchmarks and may be wider than actual market conditions.

    Studio$1,470 – $1,690

    A studio in Fishers typically rents for $1,470 – $1,690.

    Rents above $1,943 are in the top 25% for this area.

    1-Bedroom$1,670 – $1,920

    A 1-bedroom in Fishers typically rents for $1,670 – $1,920.

    Rents above $2,208 are in the top 25% for this area.

    2-Bedroom$1,940 – $2,231

    A 2-bedroom in Fishers typically rents for $1,940 – $2,231.

    Rents above $2,566 are in the top 25% for this area.

    3-Bedroom$2,510 – $2,887

    A 3-bedroom in Fishers typically rents for $2,510 – $2,887.

    Rents above $3,320 are in the top 25% for this area.

    4-Bedroom$3,080 – $3,542

    A 4-bedroom in Fishers typically rents for $3,080 – $3,542.

    Rents above $4,073 are in the top 25% for this area.

    Federal Rent Benchmarks for Fishers

    HUD Fair Market Rents are federal rent benchmarks published annually by HUD. They provide a consistent baseline for comparing rents across areas.

    Studio

    $1,470

    HUD Fair Market Rent

    1-Bedroom

    $1,670

    HUD Fair Market Rent

    2-Bedroom

    $1,940

    HUD Fair Market Rent

    3-Bedroom

    $2,510

    HUD Fair Market Rent

    4-Bedroom

    $3,080

    HUD Fair Market Rent

    Source: HUD SAFMR FY2026 · Updated

    Zip Codes in Fishers

    Click any zip code for detailed rent data including zip-specific SAFMR rates, nearby comparables, and a free rent increase check.

    HUD publishes a single Fair Market Rent for the entire Indianapolis-Carmel, IN HUD Metro FMR Area metro area. For zip-level variation, the tool uses additional data sources including real-time comparable listings and local market indices.

    46038

    All zip codes in Fishers share the same county-level HUD Fair Market Rent ($1,670 for 1-BR). Click any zip for SAFMR-specific rates.

    County-level FMR shown in city summary above.

    How Does Fishers Compare?

    Anderson, IN
    $1,050/mo-37%
    Arcadia, IN
    $1,070/mo-36%
    Carmel, IN
    $1,765/mo+6%
    Cicero, IN
    $1,290/mo-23%
    Indianapolis, IN
    $1,296/mo-22%

    Questions about rent in Fishers

    What is the average 1-bedroom rent in Fishers, IN?

    The average 1-bedroom fair market rent in Fishers, IN is $1,670/month as of 2026, based on HUD rent data across 1 ZIP codes in the city. This is 40% above the national average of $1,196/month. Rents range from $1,670 to $1,670 depending on ZIP code.

    What is a fair rent increase in Fishers?

    A rent increase up to about 0.7% is broadly in line with the recent market trend in Fishers. Increases above that level are above trend and should be tested against neighborhood-level pricing and comparable rentals. The current average 1-BR rent is $1,670/month.

    Are rents going up or down in Fishers?

    Rents in Fishers have increased 0.7% year over year based on local market data. This reflects local market conditions across 1 ZIP codes in the Indianapolis-Carmel, IN HUD Metro FMR Area area.

    How much do rents vary across Fishers?

    1-bedroom rents across Fishers range from $1,670 to $1,670 on this page, a $0/month spread. This shows that rent can vary materially across ZIP codes within the same city, reflecting neighborhood-level differences in housing stock and demand.

    Can my landlord raise my rent in Fishers?

    We could not identify a city-specific rent cap for Fishers. Landlords must still follow applicable state and local notice rules before raising rent at lease renewal. Requirements vary — check your state's landlord-tenant statute for specifics on notice periods and timing.

    How much should I spend on rent in Fishers?

    The general guideline is to spend no more than 30% of your gross income on rent. With average 1-bedroom rent in Fishers at $1,670/month, a household would need approximately $66,800/year in gross income to afford this comfortably. Many renters in high-cost areas spend above this threshold — our free tool can help you assess whether your specific rent is fair for your ZIP code.

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    Renter Tools

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    Market data updated monthly from public and third-party sources. Actual rents vary by unit, building, and lease terms. For informational purposes only — not legal or financial advice. See methodology →