Rentometer, Inc. | Data as of 10/23/2025
Allen County, Indiana offers a balanced rental market that blends suburban comfort with convenient access to regional amenities. Prospective renters will find a mix of well-maintained apartments and single‑family homes across a variety of neighborhoods, from the historic downtown district to the newer developments near the university corridor. The area’s strong sense of community, coupled with proximity to parks, shopping centers, and major transportation routes, makes it an appealing choice for professionals, families, and students alike.
Rental prices in Allen reflect the diversity of housing options. Apartment studios typically sit in the high $800s, while one‑bedroom units often fall within the $1,100 range. Two‑bedroom apartments see averages in the $1,400 bracket, and larger three‑bedroom layouts trend toward the $1,800 level. For renters seeking more space, four‑plus bedroom apartments also command competitive rates in the $1,500 range. Single‑family houses provide comparable value, with one‑bedroom homes averaging around $950 and two‑bedroom homes near $1,100. Larger homes with three or more bedrooms approach the $2,000 mark, offering ample space for growing families.
Beyond price, Allen County’s rental landscape is supported by quality schools, vibrant cultural attractions such as the local art museum and annual riverfront festivals, and a growing job market anchored by healthcare, education, and manufacturing sectors. Whether you’re looking for a cozy apartment close to downtown nightlife or a spacious house in a family‑friendly neighborhood, Allen’s rental market delivers a welcoming environment with options that suit a range of lifestyles and budgets.
| Property Type | Bedrooms | Average | Median | Min - Max | 25th - 75th |
|---|---|---|---|---|---|
| Apartment | Studio | $827 | $818 | $575 - $1,175 | $695 - $915 |
| Apartment | 1 Bedroom | $1,104 | $1,091 | $405 - $2,314 | $875 - $1,260 |
| Apartment | 2 Bedroom | $1,475 | $1,399 | $795 - $3,331 | $1,099 - $1,750 |
| Apartment | 3 Bedroom | $1,738 | $1,495 | $800 - $4,863 | $1,200 - $1,995 |
| House | 2 Bedroom | $1,118 | $1,000 | $550 - $2,695 | $895 - $1,275 |
| House | 3 Bedroom | $1,466 | $1,425 | $700 - $2,500 | $1,150 - $1,750 |
| House | 4+ Bedroom | $1,921 | $1,999 | $920 - $3,300 | $1,595 - $2,200 |
In the current period, the average rent in Allen was $828 for Studio, $1,103 for 1 Bedroom, $1,309 for 2 Bedroom, $1,511 for 3 Bedroom, and $1,866 for 4+ Bedroom.
Data provided by Rentometer, Inc.