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Dayton Ave & Fletcher Ave, IN (id.1125)
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Serenity at Indianapolis (55+ Senior Community)
(463) 222-0945
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Indianapolis - West
(217) 834-8207
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The George
(463) 400-2996
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North Hartman Drive & E 48th St, IN (id.1123)
(470) 823-7085
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Indianapolis - Lawrence
(877) 422-0484
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Woodbrook Apartments
(855) 631-1968
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North Goodlet Ave & W St Clair St, IN (id.1135)
(470) 837-3335
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CityView on Meridian
(937) 807-3292
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East 21st St & N Colorado Ave, IN (id.1136)
(470) 460-6129
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Lawrence Landing
(844) 403-0849
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King's Reserve College Park - 55+ Senior
(317) 751-2590
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The Avenue
(463) 234-1512
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Pangea Fields
(877) 564-6980
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Pangea Hills
(833) 685-4603
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Preston Pointe Senior Apartments
(317) 357-3752
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34 North Apartments
(317) 939-4264
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Stone Lake
(833) 333-1084
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Teal Run
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Lakes At Crossbridge
(463) 465-5119
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Indianapolis - Airport - W. Southern Ave.
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Meridian Towers Apartments
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Pangea Groves
(833) 454-2871
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Pangea Vineyards
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Reserve At White River
(833) 691-1771
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Indianapolis - Northwest - College Park
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The Oasis
(765) 785-3901
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Indianapolis - Castleton
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Condos for Rent in Indianapolis, IN

1 of 114 Results
30
$1,190 - 2,980
Bayview Club Apartment Homes
Deal
7545 Bayview Club Drive Indianapolis, IN
1 - 3 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Air Conditioning
Surface Parking
In Unit Laundry
13
$580
PER
ROOM
Dayton Ave & Fletcher Ave, IN (id.1125)
Indianapolis, IN
1 BR | Available Now
Contact
Heat Included
Furnished
Air Conditioning
Surface Parking
Balcony, Deck, Patio
38
$675 - 1,025
Serenity at Indianapolis (55+ Senior Community)
1123 North Edmondson Avenue Indianapolis, IN
Studio - 2 BR | Available Now
Contact
Heat Included
Dog Friendly
Cat Friendly
Virtual Tour
Senior Community
22
$1,290
Indianapolis - West
8045 Rockville Rd Indianapolis, IN
Studio | Available Now
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Dog Friendly
Cat Friendly
Air Conditioning
Covered Parking
41
$740 - 1,760
The George
3.4
5810 Sebring Dr Indianapolis, IN
1 - 2 BR | Available Now
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Dog Friendly
Cat Friendly
Air Conditioning
Covered Parking
Surface Parking
8
$560 - 580
PER
ROOM
North Hartman Drive & E 48th St, IN (id.1123)
Indianapolis, IN
1 BR | Available Now
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Heat Included
Furnished
Air Conditioning
Surface Parking
Balcony, Deck, Patio
30
$1,200
Indianapolis - Lawrence
9515 Pendleton Pike Indianapolis, IN
Studio | Available Now
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Dog Friendly
Cat Friendly
Air Conditioning
Covered Parking
12
$930 - 1,235
Woodbrook Apartments
4.2
5302 Woodbrook Drive Indianapolis, IN
1 - 2 BR | Available Now
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Dog Friendly
Cat Friendly
Air Conditioning
Covered Parking
Fitness Center
10
$520 - 612
PER
ROOM
North Goodlet Ave & W St Clair St, IN (id.1135)
Indianapolis, IN
1 BR | Available Now
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Heat Included
Furnished
Air Conditioning
Surface Parking
Balcony, Deck, Patio
73
$1,034 - 2,535
CityView on Meridian
Deal
3.4
3801 N. Meridian St Indianapolis, IN
1 - 3 BR | Available Now
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Dog Friendly
Cat Friendly
Air Conditioning
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Balcony, Deck, Patio
13
$540 - 560
PER
ROOM
East 21st St & N Colorado Ave, IN (id.1136)
Indianapolis, IN
1 BR | Available Now
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Heat Included
Furnished
Air Conditioning
Surface Parking
Balcony, Deck, Patio
31
3D Tour
$954 - 1,561
Lawrence Landing
4.4
6875 Faris Avenue Indianapolis, IN
1 - 2 BR | Available Now
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Dog Friendly
Cat Friendly
Virtual Tour
Air Conditioning
In Unit Laundry
13
$900 - 1,425
King's Reserve College Park - 55+ Senior
8810 Colby Blvd Indianapolis, IN
Studio - 2 BR | Available Now
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Dog Friendly
Cat Friendly
Senior Community
Air Conditioning
Balcony, Deck, Patio
38
$845 - 2,050
PER
ROOM
The Avenue
4.2
930 W 10Th St Indianapolis, IN
1 - 4 BR | Available Now
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Furnished
Dog Friendly
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In Unit Laundry
16
$768 - 1,741
Pangea Fields
3215 N Alton Ave Indianapolis, IN
1 - 3 BR | Available Now
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Dog Friendly
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Air Conditioning
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17
$828 - 1,865
Pangea Hills
5500 Pleasant Hill Circle Indianapolis, IN
1 - 3 BR | Available Now
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Dog Friendly
Cat Friendly
Balcony, Deck, Patio
Fitness Center
Dishwasher
16
$850 - 962
Preston Pointe Senior Apartments
3.2
5910 E 12Th St Indianapolis, IN
1 - 2 BR | Available Now
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Dog Friendly
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Senior Community
Income Restricted
Section 8
28
$692 - 2,014
34 North Apartments
3402 N Meridian St Indianapolis, IN
Studio - 4 BR | Available Now
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Income Restricted
Air Conditioning
Fitness Center
Storage
14
$727 - 1,404
Stone Lake
3.7
2913 E. Hanna Ave Indianapolis, IN
1 - 2 BR | Available Now
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Dog Friendly
Cat Friendly
Air Conditioning
Balcony, Deck, Patio
Fitness Center
19
$949 - 1,159
Teal Run
4.5
2302 Windsong Drive Indianapolis, IN
1 - 2 BR | Available Now
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Dog Friendly
Cat Friendly
Air Conditioning
Covered Parking
Balcony, Deck, Patio
15
$716 - 819
Lakes At Crossbridge
2.8
7925 Crossbridge Dr Downtown Indianapolis, IN
1 - 2 BR | Available Now
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Dog Friendly
Cat Friendly
Income Restricted
Air Conditioning
Fitness Center
50
$1,680
Indianapolis - Airport - W. Southern Ave.
5350 W Southern Ave Indianapolis, IN
Studio | Available Now
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Dog Friendly
Cat Friendly
Air Conditioning
Covered Parking
14
$649 - 835
Meridian Towers Apartments
3710 N Meridian St Indianapolis, IN
Studio - 2 BR | Available Now
Contact
Heat Included
Dog Friendly
Cat Friendly
Air Conditioning
Fitness Center
23
$1,064 - 1,535
Pangea Groves
5018 Lemans Dr Indianapolis, IN
2 - 4 BR | Available Now
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Dog Friendly
Cat Friendly
Covered Parking
Balcony, Deck, Patio
Fitness Center
17
$930 - 1,512
Pangea Riverside
2638 Cold Spring Manor Dr Indianapolis, IN
1 - 2 BR | Available Now
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Dog Friendly
Cat Friendly
Air Conditioning
Covered Parking
Dishwasher
15
$733 - 1,572
Pangea Vineyards
10101 E Montery RD Indianapolis, IN
Studio - 2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Air Conditioning
Covered Parking
Balcony, Deck, Patio
9
$854 - 1,055
Reserve At White River
3.8
2774 Pixel Road Indianapolis, IN
1 - 2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Senior Community
Air Conditioning
Fitness Center
29
$1,680
Indianapolis - Northwest - College Park
9030 Wesleyan Rd Indianapolis, IN
Studio | Available Now
Contact
Dog Friendly
Cat Friendly
Air Conditioning
Covered Parking
36
$974 - 1,319
The Oasis
Deal
4900 Edinborough Ln Indianapolis, IN
1 - 2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Air Conditioning
Surface Parking
In Unit Laundry
39
$1,650
Indianapolis - Castleton
7940 N Shadeland Ave Indianapolis, IN
Studio | Available Now
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Dog Friendly
Cat Friendly
Air Conditioning
Covered Parking
1 - 30 of 114 Results
  1. Home
  2. Indianapolis
  3. Condos For Rent

How much does it cost to rent a condos in Indianapolis?

condos
Bed Type Average Rent Range
Studio $870 $550 - $1,680
1BR $950 $650 - $1,590
2BR $1,070 $750 - $1,960
3BR $1,500 $850 - $2,670
4+BR $1,380 $990 - $2,860
Indianapolis Apartments
Bed Type Average Rent Range
Studio $870 $550 - $1,680
1BR $950 $650 - $1,580
2BR $1,070 $750 - $1,970
3BR $1,480 $840 - $2,410
4+BR $1,410 $790 - $2,770
Indianapolis Condos For Rent vs. Indianapolis Average
Frequently Asked Questions

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

Rentable.co has over 48,329 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 $870 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 $950 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 $1,070 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 $35,000 to live comfortably.

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

Rentable.co has 114 condos available for rent in Indianapolis.

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

The average rent for a condos in Indianapolis is around $1,040 per month.

Which neighborhoods have the most condos for rent in Indianapolis, IN?

  1. Old Northside
  2. Downtown Indianapolis
  3. Upper Canal
  4. Woodruff Place
  5. Mapelton

Asset 2
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Apartments by Affordability
Apartments Under $700
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Indianapolis:
June Rent Report

Welcome to the June 2023 Indianapolis Apartment Report. In this assessment of the local rental market, Rentable data scientists and rental experts break down the June 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 Decrease From May to June

Indianapolis rent prices decreased over the last month. From May to June, the city experienced a -1.07% decrease for the price of a one-bedroom apartment. The rent price for a Indianapolis one-bedroom apartments currently stands at $922.0.

When we take a look at the two-bedroom comparison from May to June, Indianapolis experienced a -1.19% decrease for the price of a two-bedroom apartment. The rent price for a Indianapolis two-bedroom apartments currently stands at $1,163.0.

June Prices: Indianapolis vs. Surrounding Areas

Rent Prices in Indianapolis and Surrounding Areas

Rent prices have decreased 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 5 of the Indianapolis suburbs increased last month. On the other hand, 2 local areas experienced a decrease in the price of a one-bedroom apartment.

More key findings include:

  • Rent increased in Westfield, IN, Plainfield, IN, Greenwood, IN, Camby, IN, Fishers, IN .

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

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

June 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 declining. 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 June 1 BR M/M % Change 2 BR June 2 BR M/M % Change
Indianapolis, IN $932.0 -1.38% $1,177.0 -2.08%
Carmel, IN $1,353.0 -0.81% $1,625.0 -0.49%
Westfield, IN $1,256.0 0.88% $1,430.0 -5.92%
Plainfield, IN $1,630.0 1.43% $1,843.0 1.04%
Noblesville, IN $1,240.0 0.00% $1,629.0 0.80%
Greenwood, IN $923.0 0.11% $1,270.0 -1.24%
Camby, IN $1,324.0 5.50% $1,437.0 0.84%
Fishers, IN $1,379.0 2.38% $1,775.0 5.15%

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.