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Apartments in Downtown Indianapolis

121 - 150 of 176 Results
17
$749
140 E 19Th St
Indianapolis, IN
2 BR | Ask for Availability
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Dishwasher
Herron Morton
1
$1,000
302 - 306 E 19th St
Indianapolis, IN
2 BR | Available Now
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Herron Morton
1
$875
Essex Apartments
940 Woodruff Place Middle Dr Indianapolis, IN
1 BR | Available Now
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Dog Friendly
Cat Friendly
Woodruff Place
14
$875
940 Woodruff Place Middle Dr
Indianapolis, IN
1 BR | Available Now
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Dog Friendly
Cat Friendly
Woodruff Place
11
$1,290
563 Tecumseh St
Indianapolis, IN
2 BR | Available Now
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Dog Friendly
Cat Friendly
House
Dishwasher
Woodruff Place
18
$1,450
Old Southside 3 Bedroom 2 Bath
1821 S Talbott St Indianapolis, IN
3 BR | Ask for Availability
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House
1
$850
1910 1912 Lexington Ave
Indianapolis, IN
1 BR | Available Now
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Storage
7
$895
329 Hamilton Ave
Indianapolis, IN
3 BR | Ask for Availability
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House
9
$1,195
1905 Delaware St
Indianapolis, IN
3 BR | Available Now
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House
23
$1,800
1914 Union St
Indianapolis, IN
3 BR | Available Now
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Dog Friendly
House
Air Conditioning
Balcony/Deck/Patio
Storage
20
$599
1702 W Michigan Street
1702 W Michigan St Indianapolis, IN
Studio | Ask for Availability
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16
$695
Fountain Square Duplex 2 Bed 1 Bath
1044 Dawson St Indianapolis, IN
2 BR | Ask for Availability
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Air Conditioning
20
$2,200
2040 N Delaware St
Indianapolis, IN
2 BR | Available Now
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Dog Friendly
Cat Friendly
House
Air Conditioning
Balcony/Deck/Patio
1
$1,600
Huge 3 Bedroom In Herron-morton
2101 Pennsylvania St Unit 6 Indianapolis, IN
3 BR | Available Now
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Dog Friendly
Cat Friendly
House
Herron Morton
22
$1,600
Fountain Square 4 Bed 2 Bath
1442 Laurel St Indianapolis, IN
4 BR | Ask for Availability
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House
1
$1,750
✨ Move-in Special: Half Off The First Month’s Rent!! ✨
2028 Hoyt Ave Indianapolis, IN
3 BR | Available Now
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Cat Friendly
House
Dishwasher
14
$1,700
East Square 3 Bedrooms 1.5 Baths
1022 S Randolph St Indianapolis, IN
3 BR | Ask for Availability
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House
Dishwasher
26
$1,599
1024 S Randolph St
Indianapolis, IN
3 BR | Available Now
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Dog Friendly
Cat Friendly
Air Conditioning
Balcony/Deck/Patio
Dishwasher
4
$1,450
2028 Lexington Ave
Indianapolis, IN
3 BR | Available Now
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House
1
$1,750
Pet Friendly 4-bed, 2.5-bath Home Near Indy Attractions
41 N Beville Ave Indianapolis, IN
4 BR | Available Now
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Dog Friendly
Cat Friendly
House
37
$1,395
2126 N Talbott St, Unit 1
Indianapolis, IN
2 BR | Available Now
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Cat Friendly
Storage
Dishwasher
Herron Morton
36
$2,150
1046 S Randolph, St. Indpls, In 46203
1046 S Randolph St Indianapolis, IN
6 BR | Ask for Availability
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House
Dishwasher
1
$2,250
1116 Dawson St
Indianapolis, IN
3 BR | Available Now
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Dog Friendly
Cat Friendly
House
14
$1,045
1644 Dr Andrew J Brown A *move In Special: 1/2 Off 1st Month's Rent*
1644 Dr Andrew J Brown Ave Indianapolis, IN
1 BR | Ask for Availability
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House
1
$1,895
Beautifully Renovated 3-bed, 2-bath Home Near Woodruff Place & St. Clair!
921 Tecumseh St Indianapolis, IN
3 BR | Available Now
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Dog Friendly
Cat Friendly
House
Woodruff Place
18
$1,215
2131 North
2131 N Meridian St Indianapolis, IN
1 - 2 BR | Ask for Availability
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Air Conditioning
In Unit Laundry
Fitness Center
Dishwasher
Herron Morton
0
$1,050
2039 N College Ave
Indianapolis, IN
2 BR | Ask for Availability
Contact
Kingpark
20
$1,295
1829 Montcalm St
Indianapolis, IN
3 BR | Available Now
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Dog Friendly
Cat Friendly
House
1
$1,200
Accepting Section 8! Indianapolis Apartments
665 E 21St St Indianapolis, IN
1 BR | Ask for Availability
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Kingpark
0
$1,150
701 E 21St St
Indianapolis, IN
2 BR | Ask for Availability
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Kingpark
121 - 150 of 176 Results
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Frequently Asked Questions

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

Rentable.co has over 179 apartments available near Downtown Indianapolis.

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

The average rent for a studio apartment near Downtown Indianapolis is around $995 per month.

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

The average rent for a one-bedroom apartment near Downtown Indianapolis is around $1,252 per month.

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

The average rent for a two-bedroom apartment near Downtown Indianapolis is around $1,640 per month.

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

Rentable.co has over 55,028 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 $1,000 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 $1,100 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 $1,250 per month.

How expensive is it to rent an apartment in Indianapolis, IN?

For a two-bedroom apartment in Indianapolis, the average rent price is $1,250 per month, which is lower than the national average of $1,640 per month.

Can I afford an apartment for rent in Indianapolis, IN?

Based on average rent prices in Indianapolis, to afford a studio apartment you would need an annual household income of $40,000 to live comfortably.

Downtown Indianapolis Neighborhood Summary

Indianapolis is a great city with lots of great neighborhoods to live in and fun places to hang out. And the heart of the city is downtown. Live only a short walk or bike ride away from your favorite Indianapolis destinations, including great retail, dining, entertainment, and nightlife.

Indianapolis:
December Rent Report

Welcome to the December 2025 Indianapolis Apartment Report. In this assessment of the local rental market, Rentable data scientists and rental experts break down the December 2025 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

$1,400
$1,050
$700
$350
$0
Jan. 2025
Feb. 2025
Mar. 2025
Apr. 2025
May. 2025
Jun. 2025
Jul. 2025
Aug. 2025
Sep. 2025
Oct. 2025
Nov. 2025
Dec. 2025
1 BR       2 BR

Indianapolis Rent Prices Decrease From November to December

Indianapolis rent prices decreased over the last month. From November to December, the city experienced a 0% decrease for the price of a one-bedroom apartment. The rent price for a Indianapolis one-bedroom apartments currently stands at $.

When we take a look at the two-bedroom comparison from November to December, Indianapolis experienced a 0% decrease for the price of a two-bedroom apartment. The rent price for a Indianapolis two-bedroom apartments currently stands at $.

December 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 0 of the Indianapolis suburbs increased last month. On the other hand, 0 local areas experienced a decrease in the price of a one-bedroom apartment.

More key findings include:

  • Rents did not increase in any of the Indianapolis suburbs

  • Rents did not decrease in any of the Indianapolis suburbs.

December 2025 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 December 1 BR M/M % Change 2 BR December 2 BR M/M % Change

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.

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