Stacked area chart showing new housing units permitted in the Indianapolis metro area from 1980 to 2024. On average, there were 64 new housing units permitted per 10,000 people in the time period, with a peak of 106 in 1998. About 70% were single-unit buildings and 28% were buildings with 5 or more units. In 2024, there is projected to be about 52 units permitted per 10,000 residents.