Property Management Blog

July 2025 Indianapolis Rental Market & Economic UpdateWelcome back to the Red Door Property Management monthly update. This July 2025 report highlights critical economic insights, development updates, and rental market shifts across the Indianapolis metro area. From rising accidental landlords to new suburban projects, investors need ...

Lebanon, IN Rental and Sales Market Update – June 2025While Lebanon remains a small market in terms of current inventory, the outlook for this community just northwest of Indianapolis is anything but small. With large-scale industrial projects in motion and a tight housing supply, Lebanon is poised for substantial growth. Investors ...

Whitestown, IN Rental and Sales Market Update – June 2025Whitestown continues to solidify its place as one of the Indianapolis metro’s higher-end rental markets, with strong year-over-year gains in both rent prices and investor interest. While it's still considered a smaller market, Whitestown’s proximity to Lebanon ...

🔍 Westside Market Overview – June 2025The Indianapolis westside rental market—featuring Avon, Brownsburg, and Plainfield—saw a mixed performance in June 2025. Investors should pay close attention to rising vacancies and shifting seasonal trends across these suburbs.🏡 Avon Market UpdateAverage Rent: $2,295 (�...

Anderson, Indiana – June 2025 Rental & Sales Market Report🏡 Rental Market HighlightsAverage Rent: $1,115 (⬆️ Up 11% YoY – highest ever recorded!)Days on Market: 54 (⬆️ Higher than most Indy suburbs – investor opportunity)Apartments Available: 63 units averaging $749/monthPrice per Sq Ft (Apts): ...

Greenwood, Indiana – June 2025 Rental & Sales Market Report📈 Rental Market OverviewActive Rental Listings: 98 homes on marketAverage Rent: $1,999 (📉 Down 1.25% MoM, ⬆️ Up 4.5% YoY)Average Days on Market: 34 days (⬆️ Up 25% MoM, still very healthy)Price per Sq Ft (SFH): $1.70 (📉 Down nearly 2%)🏢 Mult...

📍 Westfield, Indiana – Rental & Sales Market Report (June 2025)🏠 Rental Market InsightsAverage Rent: $2,800 (📈 Up 2% MoM, ⬆️ 16% YoY)Average Days on Market: 80 days (⏳ Up 11% MoM – highest in metro)Active Rental Listings: 69 homes (📉 Down from last month)🏢 Apartments & TownhomesApartments: 16 ...

📍 Noblesville, Indiana – Rental & Sales Market Report (June 2025)🏠 Rental Market InsightsAverage Rent: $2,095 (📈 Up 4.5% YoY, stable MoM)Active Rental Listings: 70 homes (+1.5% MoM)Average Days on Market: 32 days (🚀 Fast turnover, investor-friendly)Average Price per Sq Ft: $1.01🏢 Apartments & Townhom...

📍 Fishers, Indiana – Rental & Sales Market Report (June 2025)🏠 Rental Market InsightsAverage Rent: $2,350 (📉 Down month-over-month)Vacancy Rate (Implied by Active Homes): 83 active listings (+6.5% MoM)Average Days on Market: 26 days ⏱️ (Excellent turnover rate)Average Price per Sq Ft: $1.14 (📈 Up 4% MoM...

June 2025 Indianapolis Rental Market & Sales ReportThe Indianapolis rental market remained healthy and active in June 2025, aligned with the seasonal peak in leasing activity. According to Red Door Property Management, the number of active homes on the rental market increased slightly to 1,182, a trend attributed to summer seasonality...