The 7,700 apartment units under construction in Indianapolis represent about 4.6% of the area's inventory, which may keep vacancy at heightened levels through the end of this year as properties under construction are completed.
Indianapolis Apartment Construction Expected To Keep Vacancy Elevated
Record Year of New Supply in 2023 Continues Impacting Market
CoStar Analytics
February 26, 2024 | 8:36 P.M.
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