Matrix Multifamily Indianapolis Report-October 2022 November 08, 2022

Indy’s Solid 2022 Continued Through Summer

Indianapolis recorded a solid eight months, with multifamily investment activity at $1.7 billion, 25 percent higher than in the entirety of 2021. Rent growth tapered but was still well above national figures. Even construction, while slowing, showed signs of growth as starts almost tripled year-over-year.