Indianapolis

Forbes: Indianapolis is the Best U.S. City for Renters in 2017

The city’s average monthly rent is a mere 17 percent of its median household income.

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Americans looking to rent should consider calling Indianapolis, Indiana home. According to Forbes’ annual list of the best cities for U.S. renters, the city’s low average monthly rents and high levels of affordability make it impossible to beat.

The average rent in Indianapolis is only $806, which makes up 17 percent of the median household income for the city. That makes Indianapolis the cheapest place to rent and the second most affordable. The only city that offers a more affordable rental rate compared to average household income in Kansas City, Missouri.

While Indianapolis tops Forbes’ list for 2017, St. Louis came in a close second with an average monthly apartment rent of $829. Kansas City, Missouri; San Antonio, Texas and Columbus, Ohio round out the publications’ top five.

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