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Apartments Near University of Indianapolis

1 - 30 of 411 Results
2
$540 - 799
Capital Place Apartments
4100 Continental Ct Indianapolis, IN
1 - 3 BR | Available Now
1.1 miles from center of campus
Contact
Dog Friendly
Cat Friendly
In Unit Laundry
Balcony/Deck/Patio
Storage
24
$1,011
Draper St
Indianapolis, IN
1 BR | Ask for Availability
1.4 miles from center of campus
Contact
1
$1,220
2213-2215 Fairfax RD
Indianapolis, IN
2 BR | Available Now
1.5 miles from center of campus
Contact
Dog Friendly
Cat Friendly
Disability Access
10
$875 - 1,025
One Somerset
3765 S State Ave Indianapolis, IN
1 - 2 BR | Available Now
0.3 miles from center of campus
Contact
Dog Friendly
Cat Friendly
1
$1,350
Perry Twp - 3 Bedroom Home
1616 Edgecombe Ave Indianapolis, IN
3 BR | Available Now
0.4 miles from center of campus
Contact
House
Dishwasher
24
$1,230
Fully Rehabbed 2-bed, 2-bath Property Convenience With Multiple Possi
4106 Asbury St Indianapolis, IN
2 BR | Ask for Availability
0.4 miles from center of campus
Contact
House
Air Conditioning
In Unit Laundry
Dishwasher
1
$850
Mills 969-971
969-971 E Mills Ave Indianapolis, IN
1 BR | Ask for Availability
0.6 miles from center of campus
Contact
Storage
2
$790 - 949
170 - Markwood Associates
920 E Markwood Ave Indianapolis, IN
1 - 2 BR | Available Now
0.6 miles from center of campus
Contact
Dog Friendly
Cat Friendly
Surface Parking
Storage
Disability Access
1
$1,595
Perry Twp - 4 Bedroom
1865 Werges Ave Indianapolis, IN
4 BR | Available Now
0.7 miles from center of campus
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House
Dishwasher
10
$975
1150 East Martin Street
Indianapolis, IN
3 BR | Available Now
0.7 miles from center of campus
Contact
Dog Friendly
Cat Friendly
Air Conditioning
Storage
11
$625 - 735
Fox Club
4401 South Keystone Avenue Indianapolis, IN
1 - 2 BR | Ask for Availability
1.0 miles from center of campus
Contact
Dog Friendly
Cat Friendly
Balcony/Deck/Patio
Fitness Center
Dishwasher
5
$1,600
2946 Carson Dr
Indianapolis, IN
4 BR | Ask for Availability
1.1 miles from center of campus
Contact
House
Dishwasher
1
$1,699
Spacious 4 Bedroom Home
3024 Percheron Ln Indianapolis, IN
4 BR | Sep. 18, 2026
1.1 miles from center of campus
Contact
House
0
$870 - 2,074
Pine Glen
4259 Burkhart Dr Indianapolis, IN
1 - 2 BR | Available Now
1.2 miles from center of campus
Contact
21
$650 - 1,200
Stone Lake
Deal
2913 E Hanna Ave Indianapolis, IN
1 - 2 BR | Available Now
1.2 miles from center of campus
Contact
Dog Friendly
Cat Friendly
1
$1,070
Updated 2 Bedroom Townhouse - Garfield Park-south Neighborhood
2746 Shelby St Indianapolis, IN
2 BR | Available Now
1.3 miles from center of campus
Contact
Dog Friendly
Cat Friendly
House
0
$749 - 1,427
Garfield Park Village
360 Sandra Ln Indianapolis, IN
Studio - 2 BR | Available Now
1.3 miles from center of campus
Contact
16
$1,445 - 1,495
2839 S Oxford St
Indianapolis, IN
3 BR | Available Now
1.5 miles from center of campus
Contact
Dog Friendly
Cat Friendly
Dishwasher
1
$1,050
2301-2303 Fairfax Rd
Indianapolis, IN
2 BR | Available Now
1.5 miles from center of campus
Contact
Dog Friendly
Cat Friendly
Dishwasher
30
$850 - 1,150
Brookwood Apartments
5301 S Turtle Creek Drive Indianapolis, IN
1 - 3 BR | Available Now
1.6 miles from center of campus
Contact
Dog Friendly
Cat Friendly
Luxury
Air Conditioning
Covered Parking
$750
Parkside Apartments
2900 S Pennsylvania St Indianapolis, IN
1 BR | Available Now
1.6 miles from center of campus
Contact
1
$1,405
Waived Application Fee And Second Month Free! Sign @ Residence On Penn
2801 S Pennsylvania St Indianapolis, IN
1 BR | Available Now
1.6 miles from center of campus
Contact
Dog Friendly
Cat Friendly
Dishwasher
11
$849 - 999
Sawmill Apartments
Deal
3708 Lickridge Lane Dr Indianapolis, IN
1 - 2 BR | Available Now
1.7 miles from center of campus
Contact
Air Conditioning
18
$1,095
Wonderfully Located 2 Bed / 1 Bath Indianapolis Apartment
215 W Troy Ave Indianapolis, IN
2 BR | Ask for Availability
1.7 miles from center of campus
Contact
Air Conditioning
1
$899 - 1,095
Welcome To Dawson Village – Welcome Home!
2469 S Dawson St Indianapolis, IN
2 BR | Available Now
1.7 miles from center of campus
Contact
Dog Friendly
Cat Friendly
Surface Parking
Storage
Disability Access
1
$1,300
1706 E Tabor St
Indianapolis, IN
3 BR | Available Now
1.9 miles from center of campus
Contact
Dog Friendly
Cat Friendly
Storage
1
$900
Perfectly Located Apartments
602 W Hanna Ave Indianapolis, IN
2 BR | Ask for Availability
2.0 miles from center of campus
Contact
8
$790 - 949
172 - Shamrock Apartments
2430 E Kelly St Indianapolis, IN
1 - 2 BR | Available Now
2.0 miles from center of campus
Contact
Dog Friendly
Cat Friendly
Section 8
Air Conditioning
Storage
54
$905 - 1,220
Strawbridge Green
4649 Strawbridge St Indianapolis, IN
2 - 3 BR | Available Now
2.0 miles from center of campus
Contact
Dog Friendly
Cat Friendly
Air Conditioning
Surface Parking
Balcony/Deck/Patio
1
$1,195
Charming 2-bedroom Home With Spacious Yard Near Garfield Park, Available Now!
2224 S Keystone Ave Indianapolis, IN
2 BR | Available Now
2.0 miles from center of campus
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Dog Friendly
Cat Friendly
House
1 - 30 of 411 Results
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Frequently Asked Questions

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

Rentable.co has over 59,529 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 $900 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 $1,020 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 $1,260 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 $1,260 per month, which is lower than the national average of $1,630 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 $36,000 to live comfortably.

University of Indianapolis

Indianapolis city buses stop by UIndy every hour, and are convenient for students who want to leave campus or get to campus from their apartment. If you live on campus or within walking distance, public transportation isn’t necessary as everything is close to each other. But half of the student body commutes to school, and has to rely on either the bus system or their own vehicle. The city buses serve a limited area so make sure you choose an apartment near one of its stops if you want to ride it to classes every day. There’s no better place in Indiana to launch a career than Indianapolis. It’s not just the state capital, but also the capital for business. And it isn’t only a statewide economic leader--Forbes Magazine ranked it number 8 on a list of the best U.S. cities for jobs in 2008. It’s a great place to foster a startup company, and also to join an already established corporate giant. The city stands among Chicago and Detroit as the best Midwestern cities for business, and as a UIndy student you already have a leg up on other college grads who want to work in the city.

Indianapolis:
August Rent Report

Welcome to the August 2026 Indianapolis Apartment Report. In this assessment of the local rental market, Rentable data scientists and rental experts break down the August 2026 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

$50
$40
$30
$10
$0
Sep. 2025
Oct. 2025
Nov. 2025
Dec. 2025
Jan. 2026
Feb. 2026
Mar. 2026
Apr. 2026
May. 2026
Jun. 2026
Jul. 2026
Aug. 2026
1 BR       2 BR

Indianapolis Rent Prices Decrease From July to August

Indianapolis rent prices decreased over the last month. From July to August, 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 July to August, 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 $.

August 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.

August 2026 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 August 1 BR M/M % Change 2 BR August 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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