Indianapolis short-term rental market data
Across Oct 2025 – Sep 2026, Indianapolis averaged 52.5% occupancy and $191.89 per night across an average of 3,682 active listings. These market-wide figures are a starting point, not a prediction for an individual home.
- Average occupancy
- 52.5%
- Average nightly rate (USD)
- $191.89
- Average active listings
- 3,682
- Busiest month
- Jul 2026
Arithmetic averages of the latest 12 reported monthly figures; active listing counts are rounded.
The market, month by month
Monthly data table
| Month | Occupancy | Nightly rate | RevPAR | Active listings | Avg. revenue / active listing |
|---|---|---|---|---|---|
| Oct 2025 | 49.8% | $181.99 | $90.62 | 4,307 | $3,160.52 |
| Nov 2025 | 45.3% | $174.83 | $79.26 | 3,694 | $2,652.51 |
| Dec 2025 | 44.4% | $179.37 | $79.61 | 3,729 | $2,764.34 |
| Jan 2026 | 36.9% | $143.09 | $52.83 | 3,816 | $2,071.42 |
| Feb 2026 | 43.4% | $144.10 | $62.55 | 3,761 | $2,188.56 |
| Mar 2026 | 49.4% | $175.02 | $86.51 | 3,808 | $3,018.68 |
| Apr 2026 | 57.0% | $241.96 | $137.82 | 3,804 | $3,812.06 |
| May 2026 | 58.3% | $246.53 | $143.66 | 3,494 | $4,050.32 |
| Jun 2026 | 65.3% | $202.65 | $132.39 | 3,443 | $3,834.86 |
| Jul 2026 | 68.5% | $262.32 | $179.66 | 3,458 | $5,238.19 |
| Aug 2026 | 55.2% | $185.58 | $102.37 | 3,459 | $3,065.29 |
| Sep 2026 | 56.9% | $165.27 | $94.12 | 3,412 | $2,896.58 |
Compare Indianapolis neighborhoods
| Market | Avg. occupancy | Avg. nightly rate | Avg. active listings | Busiest month |
|---|
No local reports are published yet.
What the numbers say
- July 2026 was the busiest reported month, with 68.5% occupancy.
- January 2026 had the lowest reported occupancy at 36.9%.
- The latest reported month was 11.6 percentage points below the occupancy peak.
Indianapolis market questions
PriceLabs Market Research reports 52.5% average occupancy across the latest 12 reported months. This is an arithmetic average of monthly figures, not an individual property forecast.
July 2026 had the highest reported occupancy at 68.5%. January 2026 had the lowest at 36.9%. This period alone does not establish a recurring seasonal pattern.
Average nightly rate was $191.89 across the reported months.
The sum of average revenue per active listing across 12 reported months was $38,753.33. Larger homes raise the average and listing mix changes, so this is not the earnings of a fixed home or a guarantee.
Other Indiana markets
Data: PriceLabs Market Research, Oct 2025 – Sep 2026. Averages across active listings, not a forecast or guarantee.
Data as of 2026-10-22.
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