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Studio Apartment for Rent in Danville, IN

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    $250 Per Month

    • Studio
    • 1 Bath
    • 440 Sq Ft
    • Condo for Rent

    121-125 N Jefferson St Unit Garage, Danville, IN 46122

    Garage near downtown Danville available for storage only. Approximately 440 square feet. Two overhead garage doors and a service door on the side. Owner pays electricity. No exterior storage or parking available, all items must be stored inside garage only. No bathroom in the garage. Link to application can be found at

    121-125 N Jefferson St Unit Garage, Danville, IN 46122

Why Live in Danville

Danville, the county seat of Hendricks County, Indiana, is a small town with a population of just over 10,000 people, located west of Indianapolis. Founded in 1824, Danville spans nearly seven square miles and is bordered by White Lick Creek. The town is experiencing significant growth, with new subdivisions under development, attracting many new residents, particularly those moving from Indianapolis due to remote work opportunities. Housing options in Danville include modern colonial-revival-inspired custom builds, cottages, bungalows, and ranches, with the possibility of purchasing land for custom-built homes. Students in Danville attend schools within the Danville Community School Corporation, which includes highly rated institutions like South Elementary School and Danville Middle School. Ellis Park is a local favorite for outdoor activities, featuring a covered picnic area, gazebo, barbeque pits, and a playground. The park also hosts the annual Winterland light show, a popular holiday event. During warmer months, the town square comes alive with weekly farmer’s markets, offering fresh produce and local goods. Dining options in Danville include the Bread Basket Café and Bakery, known for its brunch and lunch menu, and Frank’s Place, which serves traditional Italian cuisine. Danville is conveniently located about 30 minutes from both the airport and downtown Indianapolis, making it a central and accessible place to live.

Frequently Asked Questions

How much does it cost to rent a home in Danville, IN?
The median rent for a home in Danville, IN is $2,000 per month, though prices vary by neighborhood, size, and property type. As of September 2026, condos tend to be the most affordable option while townhouses and single-family homes are currently more expensive.
How much do you need to make to afford rent in Danville, IN?
To comfortably afford the median rent in Danville, IN, a household needs to earn roughly $80,000 per year. This is based on the common guideline that households should spend no more than 30% of gross income on housing. Most landlords require monthly household income of at least 3x the monthly rent, and with a median rent of $2,000 per month in Danville, IN, renters typically need to show $6,000 per month in gross income to qualify. Actual affordability will vary depending on household debts, other living expenses, and overall budget.
Is it more affordable to rent or buy in Danville, IN?
In Danville, IN, the price-to-rent ratio is 15.0, which generally favors renting. This ratio divides the median home price by the annual median rent: below 15 typically favors buying, 15 to 20 is balanced, and above 20 typically favors renting. Your finances, how long you plan to stay, and costs like mortgage rates, taxes, and maintenance all factor into the decision.
What neighborhoods in Danville, IN are best for renting a home?
The best neighborhood for renting in Danville, IN depends on your priorities: commute, walkability, budget, and lifestyle all play a role. Popular areas for renting a home include North Meridian and College Park, each with its own character and price range.

Rental Home Trends

Number of Homes for Rent
1
Median Rent
$2,000
Median Single Family Home Rent
$2,145
Median Townhouse Rent
$1,175
Median Condo Rent
$1,050
How to Rent a Home