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Serenity at Indianapolis (55+ Senior Community)
(463) 222-0945
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CityView on Meridian
(937) 807-3292
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Woodbrook Apartments
(855) 631-1968
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Lawrence Landing
(844) 403-0849
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The Avenue
(463) 234-1512
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Bayview Club Apartment Homes
(574) 766-7386
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King's Reserve at College Park
(317) 751-2590
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Canterbury House Apartments - Mann Road
(833) 988-0291
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Covington Square Apartments
(317) 247-7330
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Runaway Bay Apartment Homes
(833) 429-3095
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Meridian Towers Apartments
(812) 505-3484
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Arlington Village
(844) 700-8086
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Pangea Hills
(833) 685-4603
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Pinnex
(833) 558-1938
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Lynhurst Park (Phase II)
(844) 574-4783
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Preston Pointe Senior Apartments
(317) 357-3752
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Hanna Village Apartments
(317) 781-1266
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Pangea Prairies
(765) 275-9472
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Pangea Cedars
(877) 564-6570
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Pangea Vineyards
(844) 949-3518
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Stone Lake
(833) 333-1084
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Teal Run
(855) 889-3758
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Pangea Fields
(877) 564-6980
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Marten Court Apartments
(463) 300-6563
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The Vue Luxury Apartments
(844) 917-0421
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Arborwood At Mann Road Apartments
(844) 749-7632
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Brookhaven At County Line Senior Apartments
(844) 751-4126
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Pangea Groves
(812) 609-6349
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Pangea Courts
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2 Bedroom Apartments in Indianapolis, IN

1 of 285 Results
26
$1,163 - 1,422
Westpark Townhomes
3.8
1225 W Park Way Indianapolis, IN
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Air Conditioning
Covered Parking
Balcony, Deck, Patio
38
$1,025
Serenity at Indianapolis (55+ Senior Community)
1123 North Edmondson Avenue Indianapolis, IN
2 BR | Apr. 8, 2023
Contact
Heat Included
Dog Friendly
Cat Friendly
Virtual Tour
Senior Community
75
$1,399 - 2,261
CityView on Meridian
Deal
3.4
3801 N. Meridian St Indianapolis, IN
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Air Conditioning
Covered Parking
Balcony, Deck, Patio
12
$1,185
Woodbrook Apartments
4.2
5302 Woodbrook Drive Indianapolis, IN
2 BR | Apr. 25, 2023
Contact
Dog Friendly
Cat Friendly
Air Conditioning
Covered Parking
Fitness Center
31
3D Tour
$1,324 - 1,634
Lawrence Landing
4.4
6875 Faris Avenue Indianapolis, IN
2 BR | Available Now
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Dog Friendly
Cat Friendly
Virtual Tour
Air Conditioning
In Unit Laundry
38
$965 - 1,300
PER
ROOM
The Avenue
4.2
930 W 10Th St Indianapolis, IN
2 BR | Available Now
Contact
Furnished
Dog Friendly
Cat Friendly
Student
In Unit Laundry
30
$1,380 - 2,320
Bayview Club Apartment Homes
Deal
7545 Bayview Club Drive Indianapolis, IN
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Air Conditioning
Surface Parking
In Unit Laundry
13
$1,425
King's Reserve at College Park
8810 Colby Blvd Indianapolis, IN
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Senior Community
Air Conditioning
Balcony, Deck, Patio
15
$978
Canterbury House Apartments - Mann Road
6505 Tanner Dr Indianapolis, IN
2 BR | Available Now
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Dog Friendly
Cat Friendly
Air Conditioning
In Unit Laundry
Balcony, Deck, Patio
12
$605 - 749
Covington Square Apartments
Deal
115 S. High School Rd. Indianapolis, IN
2 BR | Available Now
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Dog Friendly
Cat Friendly
Air Conditioning
Balcony, Deck, Patio
Dishwasher
29
$1,540 - 2,245
Runaway Bay Apartment Homes
2030 Runaway Bay Drive Indianapolis, IN
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Air Conditioning
In Unit Laundry
Balcony, Deck, Patio
14
$1,259
Meridian Towers Apartments
3710 N Meridian St Indianapolis, IN
2 BR | Apr. 14, 2023
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Heat Included
Dog Friendly
Cat Friendly
Air Conditioning
Fitness Center
22
$895 - 1,150
Arlington Village
Deal
6035 Williamsburg Ct Indianapolis, IN
2 BR | Available Now
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Dog Friendly
Cat Friendly
Air Conditioning
17
$920 - 1,254
Pangea Hills
5500 Pleasant Hill Circle Indianapolis, IN
2 BR | Available Now
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Dog Friendly
Cat Friendly
Balcony, Deck, Patio
Fitness Center
Dishwasher
52
$1,909 - 3,099
Pinnex
Deal
5.0
931 Fletcher Avenue Indianapolis, IN
2 BR | Jun. 2, 2023
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Dog Friendly
Cat Friendly
Air Conditioning
Covered Parking
In Unit Laundry
22
$1,177
Lynhurst Park (Phase II)
2.6
3215 Joey Way Indianapolis, IN
2 BR | Available Now
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Air Conditioning
Surface Parking
Fitness Center
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Pool
16
$962
Preston Pointe Senior Apartments
3.2
5910 E 12Th St Indianapolis, IN
2 BR | Available Now
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Dog Friendly
Cat Friendly
Senior Community
Income Restricted
Section 8
22
$1,096
Hanna Village Apartments
2.2
4020 Hanna Village Drive Indianapolis, IN
2 BR | Available Now
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Dog Friendly
Cat Friendly
Air Conditioning
In Unit Laundry
Balcony, Deck, Patio
14
$847 - 1,136
Pangea Prairies
4555 N Arlington Ave Indianapolis, IN
2 BR | Available Now
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Dog Friendly
Cat Friendly
Covered Parking
Balcony, Deck, Patio
Fitness Center
15
$897 - 1,237
Pangea Cedars
3417 N Rybolt Ave Indianapolis, IN
2 BR | Available Now
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Dog Friendly
Cat Friendly
Covered Parking
15
$1,208 - 1,479
Pangea Vineyards
10101 E Montery RD Indianapolis, IN
2 BR | Apr. 14, 2023
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Dog Friendly
Cat Friendly
Air Conditioning
Covered Parking
Balcony, Deck, Patio
14
$841 - 1,399
Stone Lake
3.7
2913 E. Hanna Ave Indianapolis, IN
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Air Conditioning
Balcony, Deck, Patio
Fitness Center
15
$1,249 - 1,299
Teal Run
4.5
2302 Windsong Drive Indianapolis, IN
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Air Conditioning
Covered Parking
Balcony, Deck, Patio
16
$949 - 1,235
Pangea Fields
3215 N Alton Ave Indianapolis, IN
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Air Conditioning
Balcony, Deck, Patio
Dishwasher
42
$894 - 929
Marten Court Apartments
3.4
7852 Marten Ct Indianapolis, IN
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Air Conditioning
Surface Parking
Balcony, Deck, Patio
50
$3,197
The Vue Luxury Apartments
718 E Georgia St. Indianapolis, IN
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
In Unit Laundry
Balcony, Deck, Patio
Fitness Center
65
$1,834
Arborwood At Mann Road Apartments
6702 Trunk Way Indianapolis, IN
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
In Unit Laundry
Fitness Center
Dishwasher
25
$975
Brookhaven At County Line Senior Apartments
3.0
940 Wild Indigo Ln Indianapolis, IN
2 BR | Available Now
Contact
Senior Community
In Unit Laundry
Balcony, Deck, Patio
Fitness Center
Disability Access
23
$890 - 1,172
Pangea Groves
5018 Lemans Dr Indianapolis, IN
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Covered Parking
Balcony, Deck, Patio
Fitness Center
13
$761 - 1,004
Pangea Courts
4417 Linwood Ct Indianapolis, IN
2 BR | Available Now
Contact
Heat Included
Dog Friendly
Cat Friendly
Air Conditioning
Covered Parking
1 - 30 of 285 Results
  1. Home
  2. Indianapolis
  3. 2 Bedroom Apartments

How much does it cost to rent an apartment in Indianapolis?

Indianapolis Apartments
Bed Type Average Rent Range
Studio $840 $520 - $1,520
1BR $980 $650 - $1,630
2BR $1,100 $730 - $1,910
3BR $1,400 $820 - $2,280
4+BR $1,550 $830 - $3,200
Frequently Asked Questions

How many apartments are available in Indianapolis, IN on Rentable.co?

Rentable.co has over 46,627 apartments available in Indianapolis.

What is the average rent for a studio apartment in Indianapolis, IN?

The average rent for a studio apartment in Indianapolis is around $840 per month.

What is the average rent for a one-bedroom apartment in Indianapolis, IN?

The average rent for a one-bedroom apartment in Indianapolis is around $980 per month.

What is the average rent for a two-bedroom apartment in Indianapolis, IN?

The average rent for a two-bedroom apartment in Indianapolis is around $1,100 per month.

How expensive is living in Indianapolis, IN?

Based on average rent prices in Indianapolis, to afford a studio apartment you would need an annual salary of $34,000 to live comfortably.

How many two-bedroom apartments are available in Indianapolis, IN on Rentable.co?

Rentable.co has 285 two-bedroom apartments available for rent in Indianapolis.

Which neighborhoods have the most two-bedroom apartments for rent in Indianapolis, IN?

  1. Old Northside
  2. Downtown Indianapolis
  3. Upper Canal
  4. Fletcher Place
  5. Herron Morton

Asset 2
Apartments by Bedrooms
1 Bedroom Apartments
2 Bedroom Apartments
3 Bedroom Apartments
4 Bedroom Apartments
Studio Apartments
Apartments by Affordability
Cheap Apartments
Apartments Under $500
Apartments Under $600
Apartments Under $700
Apartments Under $800
Apartments Under $900
Apartments Under $1,000
Apartments Under $1,200
Apartments with Amenities
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Condos For Rent

Indianapolis:
March Rent Report

Welcome to the March 2023 Indianapolis Apartment Report. In this assessment of the local rental market, Rentable data scientists and rental experts break down the March 2023 key findings and figures for the Indianapolis rental landscape.

Our experts analyze the pricing trends — one-bedroom, two-bedroom, year-over-year and month-over-month — in Indianapolis and surrounding areas and provide comparisons to the entire metro area, nearby cities and some of the most desirable and expensive cities in the United States. Take a look at the last 12 months of Indianapolis average rent prices in the chart below.

Monthly Rent Report

Indianapolis Rent Prices Increase From February to March

Indianapolis rent prices increased over the last month. From February to March, the city experienced a 0.21% increase for the price of a one-bedroom apartment. The rent price for a Indianapolis one-bedroom apartments currently stands at $944.0.

When we take a look at the two-bedroom comparison from February to March, Indianapolis experienced a -1.46% decrease for the price of a two-bedroom apartment. The rent price for a Indianapolis two-bedroom apartments currently stands at $1,216.0.

March Prices: Indianapolis vs. Surrounding Areas

Rent Prices in Indianapolis and Surrounding Areas

Rent prices have increased in Indianapolis over the last month. But how have the surrounding areas fared when it comes to the recent volatility in apartment prices? Rent prices in 2 of the Indianapolis suburbs increased last month. On the other hand, 4 local areas experienced a decrease in the price of a one-bedroom apartment.

More key findings include:

  • Rent increased in Greenwood, IN, Camby, IN .

  • Rent decreased in Carmel, IN, Westfield, IN, Noblesville, IN, Lawrence, IN.

  • 4 suburbs are currently priced higher than the city of Indianapolis.

  • 2 suburbs are currently priced lower than the city of Indianapolis.

March 2023 Pricing Trends: Indianapolis vs. National Comparisons

Indianapolis Rent Prices More Affordable Than Major Cities

Rent growth in Indianapolis over the past year has been on the rise. When compared to major cities nearby, along with some of the most expensive cities in the country, Indianapolis average rent prices appear to be relatively affordable for local residents.

The price for a Indianapolis one-bedroom apartment remains vastly more affordable than four of the largest cities in the United States — New York City, Washington, D.C. San Francisco and Los Angeles. And pricing compares quite similarly to nearby Midwest cities.

For more information about Indianapolis and surrounding area rent prices, take a look at the complete data set below.

Data set for Indianapolis and suburbs

1 BR March 1 BR M/M % Change 2 BR March 2 BR M/M % Change
Indianapolis, IN $942.0 -0.42% $1,234.0 -2.06%
Carmel, IN $1,431.0 -0.49% $1,635.0 -1.86%
Greenwood, IN $915.0 2.58% $1,311.0 -1.58%
Westfield, IN $1,336.0 -7.29% $1,702.0 -2.69%
Noblesville, IN $1,195.0 0.00% $1,621.0 -0.12%
Lawrence, IN $850.0 0.00% $995.0 0.00%
Camby, IN $1,101.0 1.01% $1,448.0 0.28%

Methodology

Each month, using over 1 million Rentable listings across the United States, we calculate the median 1-bedroom and 2-bedroom rent prices by city, state, and nation, and track the month-over-month percent change. To avoid small sample sizes, we restrict the analysis for our reports to cities meeting minimum population and property count thresholds.