Gary, IN Rental Market Trends
What is the average rent in Gary?
The average rent for an apartment in Gary is $904. The cost of rent varies depending on several factors, including location, size, and quality.
Average rent in Gary, IN
Last updated November 2023
| Average Rent | Average Apartment Size |
|---|---|
| $904 | 753 sq. ft. |
What is the average apartment size in Gary?
The average size for a Gary, IN apartment is 753 square feet, but this number varies greatly depending on unit type, with cheap and luxury alternatives for houses and apartments alike. Studio apartments are the smallest and most affordable, 1-bedroom apartments are closer to the average, while 2-bedroom apartments and 3-bedroom apartments offer a more generous square footage.
Gary, IN apartment rent ranges
Gary, IN Occupied Housing Units
14,288 or 52% of the households in Gary, IN are renter-occupied while 13,324 or 48% are owner-occupied.
Gary, IN rent trends
Average Rent in Gary, IN By Neighborhood
| City | Average Rent |
|---|---|
| University Park | $854 |
| Ambridge Mann | $821 |
| Tolleston | $821 |
| Midtown Gary | $808 |
| Black Oak | $793 |
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What are the most affordable neighborhoods in Gary?
The most affordable neighborhoods in Gary are Black Oak, where the average rent goes for $793/month, Midtown Gary, where renters pay $808/mo on average, and Ambridge Mann, where the average rent goes for $821/mo.
What are the most popular neighborhoods in Gary?
The most popular neighborhood in Gary is Midtown Gary, where there are 1 listings with an average rent of $808. Next up is Tolleston, where apartments go for $821/month, followed by University Park with $854 If you’re looking to rent in Gary’s most popular neighborhoods, make sure to also check out Ambridge Mann, where renters pay $821 on average, and Black Oak, where the average monthly rent is $793.
Gary | Rent Comparison by Neighborhood
Rent in Ambridge Mann is 3% higher than in Black Oak
$821
Ambridge Mann rent is 9% lower than Gary average
Average Rent
$821
$793
Black Oak rent is 12% lower than Gary average
Average Rent
$793
How Gary Compares to Other Cities
| State | Average Rent |
|---|---|
| Indianapolis | $1,193 |
| Fort Wayne | $1,106 |
| South Bend | $1,227 |
| West Lafayette | $1,665 |
| Gary | $904 |
| Jeffersonville | $1,141 |
| New Albany | $1,051 |
| Rochester | $730 |
| Crown Point | $1,358 |
| Greenfield | $1,199 |
| Lafayette | $1,018 |
| Blue Island | $1,046 |
| Calumet City | $1,089 |