How much pet rent should I charge in Indianapolis?

Based on our data, the optimal pet rent in Indianapolis is $25-50/month per pet, plus a refundable pet deposit of $250-500. Properties charging within this range saw minimal vacancy impact while generating $300-600 additional annual revenue per pet.

Do pet-friendly rentals have more damage?

Our 3-year study found pet-friendly units averaged $127 more in turnover costs than non-pet units. However, pet deposits ($300 average) covered 95% of pet-related damages. The additional vacancy time (17 days average) from restricting pets cost landlords significantly more.

What pets should landlords allow or restrict?

Our data supports allowing dogs and cats with weight limits (typically 50-75 lbs). Restricting aggressive breed lists (pit bulls, Rottweilers) is common but legally nuanced. We recommend requiring renters insurance with pet liability coverage rather than breed restrictions.

Should You Allow Pets? 3 Years of Data from 500+ Indianapolis Rentals | Leaseway Property Management Blog

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Should You Allow Pets? 3 Years of Data from 500+ Indianapolis Rentals

Leaseway Team

Property Management Experts

December 10, 2025

Happy family with dog in pet-friendly rental home

Article Summary

We analyzed 3 years of data across our entire portfolio to definitively answer the age-old landlord question. The results may surprise you.

Published: December 10, 2025

The pet policy question divides landlords like few other topics...

Sources & References

ASPCA Pet Statistics
Apartments.com Pet Policy Survey
Leaseway Property Management Internal Data 2021-2025

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About the Author

Leaseway TeamProperty Management Experts

The Leaseway Team brings together decades of combined experience in Indianapolis property management, real estate investing, and landlord-tenant relations. Our experts are dedicated to helping property owners maximize their investments.

Licensed Indiana Property ManagersNARPM Members500+ Properties Managed

125 articles10+ years experience

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Property manager reviewing tenant screening application and documents

Property Management

1.Our Methodology
2.Impact on Vacancy Rates
3.Pet Rent & Premium Analysis
4.Real Damage Cost Data
5.Tenant Quality Comparison
6.Pet Policy Best Practices
7.Our Recommendation

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Should You Allow Pets? 3 Years of Data from 500+ Indianapolis Rentals

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