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Apartments Near University of Indianapolis

151 - 180 of 410 Results
81
$1,599 - 2,979
The Block
114 W Market St Indianapolis, IN
1 - 3 BR | Available Now
4.3 miles from center of campus
Contact
Furnished
Dog Friendly
Cat Friendly
Luxury
In Unit Laundry
1
3D Tour
$1,949
6439 Calabash Place Indianapolis In
6439 Calabash Place Indianapolis, IN
4 BR | Available Now
4.5 miles from center of campus
Contact
Dog Friendly
Cat Friendly
House
Dishwasher
0
$900 - 1,000
The Sterling
8020 Madison Ave Indianapolis, IN
1 - 2 BR | Available Now
4.2 miles from center of campus
Contact
Dog Friendly
Cat Friendly
Air Conditioning
39
$2,999
322 N Summit St Unit Unit
Indianapolis, IN
3 BR | Available Now
4.2 miles from center of campus
Contact
Dog Friendly
Cat Friendly
Balcony/Deck/Patio
Storage
Dishwasher
1
$799
229-231 N Jefferson Ave
Indianapolis, IN
1 BR | Available Now
4.2 miles from center of campus
Contact
Dog Friendly
Cat Friendly
Storage
Disability Access
Woodruff Place
8
$1,399 - 1,699
10303 Deer Crest Lane
Indianapolis, IN
4 BR | Available Now
4.2 miles from center of campus
Contact
Dog Friendly
Cat Friendly
Dishwasher
Downtown Indianapolis
23
$2,379
Sunrise On The Monon
1501 Starcross Ln Indianapolis, IN
3 BR | Available Now
4.2 miles from center of campus
Contact
Dog Friendly
Cat Friendly
In Unit Laundry
Balcony/Deck/Patio
Fitness Center
1
$1,199 - 2,763
Penn Street Tower Apartments
115 N Pennsylvania St Indianapolis, IN
1 - 2 BR | Available Now
4.3 miles from center of campus
Contact
Dog Friendly
Cat Friendly
Fitness Center
Storage
Dishwasher
11
$2,500
219 N New Jersey St Unit D
Indianapolis, IN
2 BR | Sep. 1, 2026
4.3 miles from center of campus
Contact
Balcony/Deck/Patio
Storage
Dishwasher
Downtown Indianapolis
11
$749 - 1,030
Sherbrook
8026 Mcfarland Court Indianapolis, IN
Studio - 1 BR | Available Now
4.3 miles from center of campus
Contact
Dog Friendly
Cat Friendly
Air Conditioning
Balcony/Deck/Patio
Storage
19
$1,700
405 N Walcott St
Indianapolis, IN
2 BR | Available Now
4.3 miles from center of campus
Contact
Woodruff Place
117
$1,250 - 1,700
405 N Walcott St
Indianapolis, IN
1 - 2 BR | Available Now
4.3 miles from center of campus
Contact
Dog Friendly
Cat Friendly
House
Air Conditioning
Den
21
$1,100
429 N State Ave
Indianapolis, IN
2 BR | Ask for Availability
4.3 miles from center of campus
Contact
House
Woodruff Place
26
$1,400
433 N State Ave
Indianapolis, IN
2 BR | Available Now
4.4 miles from center of campus
Contact
Dog Friendly
Cat Friendly
Woodruff Place
6
$900
William Penn Commons
1925 Westview Dr Indianapolis, IN
1 BR | Available Now
4.4 miles from center of campus
Contact
Dog Friendly
Cat Friendly
Dishwasher
West Indianapolis
12
$625 - 985
Berkley Commons Apartments
8201 Madison Ave Indianapois, IN
1 - 4 BR | Available Now
4.4 miles from center of campus
Contact
Dog Friendly
Cat Friendly
Balcony/Deck/Patio
1
$625
Ewing 910-12
910-12 Ewing St Indianapolis, IN
1 BR | Available Now
4.4 miles from center of campus
Contact
Storage
Disability Access
10
$762
S Butler Ave
Indianapolis, IN
1 BR | Ask for Availability
4.4 miles from center of campus
Contact
34
$2,250
4440 Valley Trace Dr
Indianapolis, IN
4 BR | Ask for Availability
4.4 miles from center of campus
Contact
House
Dishwasher
1
$799
1515-1517 E Michigan St
Indianapolis, IN
1 BR | Available Now
4.4 miles from center of campus
Contact
Woodruff Place
9
$822
E New York St
Indianapolis, IN
1 BR | Ask for Availability
4.5 miles from center of campus
Contact
6
$1,149 - 2,445
333 Penn Apartments
333 N Pennsylvania St Indianapolis, IN
1 BR | Available Now
4.5 miles from center of campus
Contact
Dog Friendly
Cat Friendly
Fitness Center
Downtown Indianapolis
24
$1,325
418 Eastern Ave
Indianapolis, IN
3 BR | Available Now
4.5 miles from center of campus
Contact
Dog Friendly
Cat Friendly
House
1
$1,500
Charming 2 Bedroom, 1 Bath Home With Historic Character & Spacious Living Areas
423 Eastern Ave Indianapolis, IN
2 BR | Available Now
4.5 miles from center of campus
Contact
Dog Friendly
Cat Friendly
House
1
$992 - 1,175
Downtown Living
430 Massachusetts Ave Indianapolis, IN
1 - 2 BR | Available Now
4.5 miles from center of campus
Contact
Income Restricted
Section 8
Storage
Disability Access
Dishwasher
0
$940
Devonshire Apartments Downtown Indianapolis
412 N Alabama St Unit 110 Indianapolis, IN
1 BR | Sep. 4, 2026
4.5 miles from center of campus
Contact
Dog Friendly
Cat Friendly
Downtown Indianapolis
1
$940 - 990
Devonshire Apartments In Downtown Indianapolis
412 N Alabama St Indianapolis, IN
1 BR | Sep. 4, 2026
4.5 miles from center of campus
Contact
Dog Friendly
Cat Friendly
Downtown Indianapolis
18
$1,210
459 Massachusetts Avenue
Indianapolis, IN
1 BR | Available Now
4.5 miles from center of campus
Contact
Dog Friendly
Cat Friendly
Air Conditioning
Dishwasher
1
$1,050
1122-1124 S Sheffield
1122 S Sheffield Ave Indianapolis, IN
2 BR | Available Now
4.5 miles from center of campus
Contact
West Indianapolis
1
$700
5260-5262 Fletcher Ave
Indianapolis, IN
1 BR | Available Now
4.5 miles from center of campus
Contact
Dog Friendly
Cat Friendly
Disability Access
151 - 180 of 410 Results
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Frequently Asked Questions

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

Rentable.co has over 59,576 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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