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Indianapolis apartment vacancies remain stable during the first quarter

Higher-end properties see rising demand
The Grounds, a 236-unit apartment complex in Indianapolis, opened during summer 2024. (CoStar)
The Grounds, a 236-unit apartment complex in Indianapolis, opened during summer 2024. (CoStar)
CoStar Analytics
May 27, 2025 | 10:42 P.M.

During the first quarter of 2025, net absorption, or the difference between move-ins and move-outs, fell slightly from its level in the prior year to just over 1,000 units, representing just a decline of 18%.

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