States › Indiana › Noblesville

Is Noblesville, IN expensive to live in?

CheapRent takes 19 cents of every $1 people earn here.
🏠 Rent per month (2026)$1,7801% higher than U.S. average
💵 Families earn per year (2026)$112,215about $9,351/month · 29% higher than U.S. average
🔑 House price$349,7005% higher than U.S. average

Rent is higher than in 56% of U.S. cities. A typical house costs about 3.1 years of household income.

How much money do I need?

To rent here comfortably, you should earn about $71,200 a year. That is $34 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 116 of 132 cities from cheapest to most expensive.

Noblesville
$1,780
Lafayette
$1,316
Hammond
$1,535
Gary
$1,278
Bloomington
$1,301
Greenwood
$1,654
Muncie
$1,094

How much do households earn in Noblesville?

Under $25k
6.8%
$25k–50k
16.0%
$50k–100k
33.6%
$100k–150k
23.6%
$150k+
18.1%

Share of households by yearly income. 41.7% of households earn $100,000 or more.

Rent by apartment size in Noblesville

SizeNoblesvilleU.S. average
Studio$961$1,338
1 bedroom$1,326$1,324
2 bedrooms$1,598$1,509
3 bedrooms$1,788$1,698
4 bedrooms$2,221$2,098

Median monthly rent plus utilities for all renters, by number of bedrooms.

How expensive is Noblesville overall?

Everyday prices in Indiana overall are 7% below the U.S. average (index 93.3, U.S. = 100).

Housing
74
Goods (food, clothes…)
96
Utilities
86
Other services
99
U.S. average
100

Source: U.S. Bureau of Economic Analysis, Regional Price Parities 2024. City-level data is not published for Noblesville, so the Indiana figure is shown.

Taxes and bills in Noblesville

🏛️ Property tax$3,112a year · 0.89% of home value · U.S. $3,119
⚡ Electric bill$160a month (typical) · U.S. $156

Life in Noblesville

Commute to work26.6 minU.S.: 26.4 min
College degree51.6%U.S.: 35.7%
Own their home71.2%U.S.: 65.2%
Below poverty line5.3%U.S.: 12.5%
Unemployment2.9%U.S.: 5.2%

Is it cheaper to rent or buy in Noblesville?

Renting is cheaper right now: about $646 a month less.

Renting
$1,780
Owning
$2,426

Owning assumes a typical $349,700 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $34,970 for the down payment.

Frequently asked questions

What is the average rent in Noblesville, IN?

Renting in Noblesville costs a median of about $1,780 a month in 2026, including utilities. The Indiana median is $1,219.

How much do I need to make to live in Noblesville?

To keep rent under 30% of income, you need about $71,200 a year, or $34 an hour at a full-time job.

Is Noblesville cheap or expensive?

Noblesville is rated Cheap: rent takes 19.0% of the typical household income of $112,215. It ranks 116th cheapest of 132 Indiana cities we track.

How much are property taxes in Noblesville?

The median homeowner in Noblesville pays $3,112 a year in property taxes, about 0.89% of the median home value.

Is Noblesville 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 Noblesville?

The median home value in Noblesville is $349,700, about 3.1 times the typical yearly household income.

73,362 people live in Noblesville. Numbers are typical (middle) values.