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CityView on Meridian
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The Enclave At Meridian Apartments
(574) 475-7311
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Meridian Towers Apartments
(812) 505-3484
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418 W 41St St
(317) 502-0056
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4037-4039 Boulevard Pl
(317) 643-2585
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3949 Cornelius Ave
(317) 747-2247
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3634 Graceland Ave
(317) 643-2585
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37 - 57 E 38TH STREET, BARRINGTON APARTMENTS
(317) 281-1235
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3726 N MERIDIAN STREET 3726 N MERIDIAN STREET
(317) 339-6730
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4829- 4831 North College Ave
(317) 429-1061 ext: 121
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3720 N Meridian St
(317) 339-6730
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4464 Carrollton Ave
(844) 660-7368 ext: 106
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3551-3553 N Illinois St
(317) 502-0056
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3601 N Meridian St
(317) 931-6030
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3469 Graceland Ave
(317) 518-0842
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4055 N College Ave
(317) 794-2064
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4554 Winthrop Ave
(317) 460-3022
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Salem Living- Modern Living In The Heart Of Indianapolis
(317) 608-2801 ext: 200
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5480 Michigan Rd
(317) 794-2280
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3540 N Pennsylvania St
(317) 281-1235
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3524 N Pennsylvania St
(317) 281-1235
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3510 N. Pennsylvania
(317) 283-4580 ext: 1
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3525 N Pennsylvania St
(317) 751-1810
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3361 Graceland Ave
(317) 879-5222
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825 E 40Th St
(765) 436-0192
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34 North Apartments
(317) 939-4264
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Pangea Groves
(812) 609-6349
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Magnolia Living - 3330-3340 N. Meridian St.
(317) 608-2801 ext: 200
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1137-1139 W 35Th St
(317) 643-2585
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942 W 33Rd St
(317) 316-3410
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Apartments Near Butler University

1 of 401 Results
75
$905 - 2,603
CityView on Meridian
Deal
3.4
3801 N. Meridian St Indianapolis, IN
1 - 3 BR | Available Now
1.2 miles from center of campus
Contact
Dog Friendly
Cat Friendly
Air Conditioning
Covered Parking
Balcony, Deck, Patio
25
$458 - 947
The Enclave At Meridian Apartments
3.2
3777 N Meridian St Indianapolis, IN
Studio - 2 BR | Available Now
1.3 miles from center of campus
Contact
Income Restricted
Fitness Center
Dishwasher
14
$519 - 1,259
Meridian Towers Apartments
3710 N Meridian St Indianapolis, IN
Studio - 2 BR | Available Now
1.3 miles from center of campus
Contact
Heat Included
Dog Friendly
Cat Friendly
Air Conditioning
Fitness Center
18
$1,400
418 W 41St St
Indianapolis, IN
4 BR | Available Now
0.6 miles from center of campus
Contact
Dog Friendly
Cat Friendly
House
Balcony, Deck, Patio
Dishwasher
18
$700
4037-4039 Boulevard Pl
Indianapolis, IN
1 BR | Available Now
0.8 miles from center of campus
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Dog Friendly
Cat Friendly
Balcony, Deck, Patio
Storage
Disability Access
7
$725
3949 Cornelius Ave
Indianapolis, IN
2 BR | Available Now
0.9 miles from center of campus
Contact
Dog Friendly
Cat Friendly
House
13
$1,175
3634 Graceland Ave
Indianapolis, IN
3 BR | Available Now
1.3 miles from center of campus
Contact
Dog Friendly
Cat Friendly
House
Balcony, Deck, Patio
Disability Access
2
$789
37 - 57 E 38TH STREET, BARRINGTON APARTMENTS
Indianapolis, IN
2 BR | Available Now
1.3 miles from center of campus
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Dog Friendly
Cat Friendly
Air Conditioning
Balcony, Deck, Patio
Storage
16
$665
3726 N MERIDIAN STREET 3726 N MERIDIAN STREET
Indianapolis, IN
1 BR | Available Now
1.3 miles from center of campus
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Dog Friendly
Cat Friendly
Surface Parking
Balcony, Deck, Patio
Storage
20
$1,245
4829- 4831 North College Ave
Indianapolis, IN
3 BR | Available Now
1.3 miles from center of campus
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Dog Friendly
Cat Friendly
Balcony, Deck, Patio
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Dishwasher
18
$655
3720 N Meridian St
Indianapolis, IN
1 BR | May. 17, 2023
1.3 miles from center of campus
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Dog Friendly
Cat Friendly
Air Conditioning
Balcony, Deck, Patio
Storage
22
$1,695
4464 Carrollton Ave
Indianapolis, IN
3 BR | Available Now
1.4 miles from center of campus
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Dog Friendly
House
Balcony, Deck, Patio
Dishwasher
17
$995
3551-3553 N Illinois St
Indianapolis, IN
3 BR | Available Now
1.4 miles from center of campus
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Dog Friendly
Cat Friendly
Balcony, Deck, Patio
Dishwasher
7
$799
3601 N Meridian St
Indianapolis, IN
2 BR | Available Now
1.4 miles from center of campus
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Dog Friendly
Cat Friendly
Air Conditioning
Balcony, Deck, Patio
Storage
7
$950
3469 Graceland Ave
Indianapolis, IN
2 BR | Available Now
1.5 miles from center of campus
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Dog Friendly
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House
Balcony, Deck, Patio
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1
$1,400
4055 N College Ave
Indianapolis, IN
3 BR | Ask for Availability
1.5 miles from center of campus
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1
$970
4554 Winthrop Ave
Indianapolis, IN
2 BR | Available Now
1.5 miles from center of campus
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Dog Friendly
Cat Friendly
Surface Parking
Balcony, Deck, Patio
Storage
$750 - 895
Salem Living- Modern Living In The Heart Of Indianapolis
3502 Salem St Indianapolis, IN
1 - 2 BR | Available Now
1.5 miles from center of campus
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Balcony, Deck, Patio
Dishwasher
2
$804 - 1,073
5480 Michigan Rd
Indianapolis, IN
1 - 2 BR | Apr. 7, 2023
1.5 miles from center of campus
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Dog Friendly
Cat Friendly
Air Conditioning
Surface Parking
Balcony, Deck, Patio
2
$949
3540 N Pennsylvania St
Indianapolis, IN
2 BR | Available Now
1.5 miles from center of campus
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Dog Friendly
Cat Friendly
Air Conditioning
Balcony, Deck, Patio
Storage
1
$775
3524 N Pennsylvania St
Indianapolis, IN
2 BR | Apr. 7, 2023
1.6 miles from center of campus
Contact
Dog Friendly
Cat Friendly
Balcony, Deck, Patio
Storage
Disability Access
5
$650
3510 N. Pennsylvania
Indianapolis, IN
2 BR | Available Now
1.6 miles from center of campus
Contact
Balcony, Deck, Patio
Storage
Dishwasher
Mapelton
4
$750 - 850
3525 N Pennsylvania St
Indianapolis, IN
1 BR | Ask for Availability
1.6 miles from center of campus
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Mapelton
1
$1,499
3361 Graceland Ave
Indianapolis, IN
4 BR | Available Now
1.6 miles from center of campus
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Dog Friendly
Cat Friendly
Balcony, Deck, Patio
Dishwasher
19
$1,199
825 E 40Th St
Indianapolis, IN
2 BR | Available Now
1.6 miles from center of campus
Contact
Dog Friendly
Cat Friendly
Air Conditioning
Dishwasher
28
$767 - 1,263
34 North Apartments
3402 N Meridian St Indianapolis, IN
Studio - 4 BR | Available Now
1.7 miles from center of campus
Contact
Income Restricted
Air Conditioning
Fitness Center
Storage
23
$719 - 1,392
Pangea Groves
5018 Lemans Dr Indianapolis, IN
Studio - 3 BR | Available Now
1.7 miles from center of campus
Contact
Dog Friendly
Cat Friendly
Covered Parking
Balcony, Deck, Patio
Fitness Center
2
$725 - 995
Magnolia Living - 3330-3340 N. Meridian St.
3330-3340 N Meridian St Indianapolis, IN
1 - 2 BR | Available Now
1.7 miles from center of campus
Contact
Dog Friendly
Cat Friendly
Surface Parking
Balcony, Deck, Patio
Storage
18
$950
1137-1139 W 35Th St
Indianapolis, IN
1 BR | Available Now
1.7 miles from center of campus
Contact
Dog Friendly
Cat Friendly
Balcony, Deck, Patio
Dishwasher
10
$875
942 W 33Rd St
Indianapolis, IN
3 BR | Available Now
1.8 miles from center of campus
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Dog Friendly
Cat Friendly
House
Balcony, Deck, Patio
Dishwasher
1 - 30 of 401 Results
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  2. Indianapolis
  3. Butler University

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.

Butler University

The public transportation in Indianapolis is provided by IndyGo. There are 16 routes that run every single day, 10 that run every day except Sunday, and 4 more that run only on weekdays. BU is located near an area of Indianapolis that most routes pass through, and the campus is located right between Route 34 and 28. BU also has its own transportation--the shuttle bus, which goes to the Glendale Mall and Broad Ripple. ZipCars are available for rent on campus, taxis can be hailed in the city. Most students say everything they need is in walking distance, and that it’s not a big deal to have a car on campus since parking isn’t very expensive. Butler is less than 5 miles from Broad Ripple, which is where all the bars are. The convenient shuttle to Broad Ripple is more fondly referred to as “The Drunk Bus,” since it’s main purpose seems to be lugging drunk students back to campus. Fraternities also throw their share of parties on campus. Around Broad Ripple, there are a ton of bars in a compact area. Connor’s Pub and the Alley Cat Lounge are fun dive bars, Kilroy’s, Plump’s and Brother’s are popular sports bars, and for hookah, head to the Egyptian Cafe, LAVA, or Hookah Nights. As far as dance clubs go, the Rock Lobster is always mobbed with drunk college students, and the Vogue Nightclub is usually really full too.

Asset 2
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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.