salaryFishers is the 5th-largest city in Indiana that we track, with 102,337 residents. Rent is higher than in 66% of U.S. cities. Household incomes are higher than in 87% of U.S. cities. A typical house costs under 3 years of household income, which is easy by U.S. standards. Most homes (76.2%) are owned, so rentals can be hard to find. It is a highly educated city: 66.4% of adults have a college degree.
How much money do I need?
To rent here comfortably, you should earn about $77,520 a year. That is $37 an hour at a full-time job.
Is rent cheaper than other Indiana cities?
No. Rent here is more expensive than in most of Indiana. It is number 128 of 132 cities from cheapest to most expensive.
How much do households earn in Fishers?
Share of households by yearly income. 51.6% of households earn $100,000 or more.
Rent by apartment size in Fishers
| Size | Fishers | U.S. average |
|---|---|---|
| Studio | $1,372 | $1,338 |
| 1 bedroom | $1,493 | $1,324 |
| 2 bedrooms | $1,810 | $1,509 |
| 3 bedrooms | $2,237 | $1,698 |
| 4 bedrooms | $2,688 | $2,098 |
Median monthly rent plus utilities for all renters, by number of bedrooms.
How expensive is Fishers overall?
Everyday prices in Indiana overall are 7% below the U.S. average (index 93.3, U.S. = 100).
Source: U.S. Bureau of Economic Analysis, Regional Price Parities 2024. City-level data is not published for Fishers, so the Indiana figure is shown.
Taxes and bills in Fishers
Life in Fishers
Is it cheaper to rent or buy in Fishers?
Renting is cheaper right now: about $775 a month less.
Owning assumes a typical $391,000 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $39,100 for the down payment.
Frequently asked questions
What is the average rent in Fishers, IN?
Renting in Fishers costs a median of about $1,938 a month in 2026, including utilities. The Indiana median is $1,219.
How much do I need to make to live in Fishers?
To keep rent under 30% of income, you need about $77,520 a year, or $37 an hour at a full-time job.
Is Fishers cheap or expensive?
Fishers is rated Cheap: rent takes 16.6% of the typical household income of $140,424. It ranks 128th cheapest of 132 Indiana cities we track.
How much are property taxes in Fishers?
The median homeowner in Fishers pays $3,680 a year in property taxes, about 0.94% of the median home value.
Is Fishers more expensive than the national average?
Overall prices in Indiana are 7% below the U.S. average, according to the U.S. Bureau of Economic Analysis.
How much does a house cost in Fishers?
The median home value in Fishers is $391,000, about 2.8 times the typical yearly household income.
102,337 people live in Fishers. Numbers are typical (middle) values.