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Apartments in Downtown Indianapolis

31 - 60 of 114 Results
9
$1,540 - 2,190
Slate Apartments
501 Virginia Ave Indianapolis, IN
Studio - 2 BR | Available Now
Contact
Heat Included
Furnished
Dog Friendly
Cat Friendly
Balcony/Deck/Patio
61
$1,049 - 2,645
9 on Canal Apartments
335 West 9Th Street Indianapolis, IN
1 - 3 BR | Ask for Availability
Contact
Luxury
In Unit Laundry
Balcony/Deck/Patio
Fitness Center
Dishwasher
5
$1,990
Fletcher Place Lofts
410 S College Ave Indianapolis, IN
2 BR | Jul. 5, 2024
Contact
Cat Friendly
Surface Parking
Storage
Disability Access
Dishwasher
2
$1,100 - 1,195
707 North
707 East North St Indianapolis, IN
1 - 2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Income Restricted
Section 8
In Unit Laundry
8
$1,307 - 2,333
Nine+eighteen
918 Fort Wayne Ave Indianapolis, IN
1 - 2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Balcony/Deck/Patio
Fitness Center
Storage
1
$833 - 1,020
The Seminole Apartments A 55 And Over Community
920 N Alabama St Indianapolis, IN
1 BR | Available Now
Contact
Senior Community
Storage
Disability Access
Old Northside
27
$1,394 - 2,513
Circa Apartments
617 North College Avenue Indianapolis, IN
Studio - 2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Luxury
Balcony/Deck/Patio
Fitness Center
33
$1,911 - 2,653
747 Apartments
Deal
4.2
747 N College Ave Indianapolis, IN
1 BR | Jun. 16, 2024
Contact
Dog Friendly
Cat Friendly
Virtual Tour
Air Conditioning
Balcony/Deck/Patio
6
$650
4915 1/2 W 11th St
Indianapolis, IN
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Old Northside
1
$1,250 - 1,475
Wyndham Apartments
1040 N Delaware St Indianapolis, IN
1 - 2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Fitness Center
Storage
Old Northside
4
$1,350
1010 Central
Deal
3.0
1010 North Central Avenue Indianapolis, IN
2 BR | Ask for Availability
Contact
Dog Friendly
Cat Friendly
Fitness Center
Dishwasher
Old Northside
$995
919 1/2 N. Broadway Unit 2-A
Indianapolis, IN
1 BR | Available Now
Contact
Storage
Dishwasher
Upper Canal
35
$1,234 - 2,000
Gathyr Apartments
Deal
1117 E Market St Indianapolis, IN
Studio - 2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Luxury
Covered Parking
Surface Parking
69
$1,540 - 1,690
Hinge Apartments
4.6
719 Virginia Ave Indianapolis, IN
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Air Conditioning
In Unit Laundry
Balcony/Deck/Patio
$995 - 1,100
919 Broadway
Indianapolis, IN
1 BR | Available Now
Contact
Disability Access
Old Northside
31
$2,450
1142 E Ohio St
Indianapolis, IN
3 BR | Available Now
Contact
Dog Friendly
Cat Friendly
House
Storage
Dishwasher
18
$1,795
Spacious 2 Br W/office In Popular Fletcher Place!
810 Noble St Indianapolis, IN
2 BR | Available Now
Contact
Heat Included
Dog Friendly
House
Balcony/Deck/Patio
Storage
52
$1,398 - 3,667
Pinnex
Deal
5.0
931 Fletcher Avenue Indianapolis, IN
Studio - 3 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Virtual Tour
Air Conditioning
Covered Parking
24
$745 - 1,835
Circle City Apartments
4.4
1321 N. Meridian St. Indianapolis, In 46202 Indianapolis, IN
Studio - 2 BR | Ask for Availability
Contact
Dog Friendly
Cat Friendly
Townhome
Fitness Center
Dishwasher
12
$900 - 925
Priscilla On Pennsylvania
1309 N Pennsylvania Ave Indianapolis, IN
Studio | Available Now
Contact
Dog Friendly
Cat Friendly
Fitness Center
Storage
Disability Access
25
$549 - 2,699
Indy Flats
2.0
1304 N. Delaware Street Indianapolis, IN
Studio - 4 BR | Ask for Availability
Contact
Dog Friendly
Cat Friendly
Income Restricted
Section 8
Fitness Center
22
$960 - 2,050
Circle City Apartments
1321 N Meridian St Indianapolis, IN
Studio - 2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Fireplace
Old Northside
8
$790 - 945
St. Agnes Apartments
1350 N Meridian Street St Indianapolis, IN
1 BR | May. 17, 2024
Contact
Cat Friendly
Air Conditioning
Storage
Disability Access
Old Northside
17
$950
1337 E Market St
Indianapolis, IN
1 BR | May. 13, 2024
Contact
Dog Friendly
Cat Friendly
Disability Access
8
$599 - 725
708 E 11th St
Indianapolis, IN
Studio - 1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Old Northside
10
$1,095
708 E 11th St
Indianapolis, IN
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Old Northside
7
$950
1329 E Market St
Indianapolis, IN
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Disability Access
$699 - 899
Market On The Corner Apartments
1338 E Market St Indianapolis, IN
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
38
$915 - 1,639
PER
ROOM
The Avenue | Student Housing
Deal
4.2
930 W 10Th St Indianapolis, IN
1 - 4 BR | Available Now
Contact
Furnished
Dog Friendly
Cat Friendly
Student
Luxury
9
$675
West Indianapolis Duplex 1 Bed 1 Bath
625 1/2 Birch Ave Indianapolis, IN
1 BR | Ask for Availability
Contact
House
31 - 60 of 114 Results
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Frequently Asked Questions

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

Rentable.co has over 120 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 $1,030 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 $1,295 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 $1,669 per month.

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

Rentable.co has over 47,945 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 $920 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 $1,000 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 $1,180 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 $1,180 per month, which is lower than the national average of $1,620 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 $37,000 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:
May Rent Report

Welcome to the May 2024 Indianapolis Apartment Report. In this assessment of the local rental market, Rentable data scientists and rental experts break down the May 2024 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

$1,300
$980
$650
$330
$0
Apr. 2023
May. 2023
Jun. 2023
Jul. 2023
Aug. 2023
Sep. 2023
Oct. 2023
Nov. 2023
Dec. 2023
Jan. 2024
Feb. 2024
Mar. 2024
1 BR       2 BR

Indianapolis Rent Prices Decrease From April to May

Indianapolis rent prices decreased over the last month. From April to May, the city experienced a -0.31% decrease for the price of a one-bedroom apartment. The rent price for a Indianapolis one-bedroom apartments currently stands at $980.0.

When we take a look at the two-bedroom comparison from April to May, Indianapolis experienced a 0.9% increase for the price of a two-bedroom apartment. The rent price for a Indianapolis two-bedroom apartments currently stands at $1,231.0.

May Prices: Indianapolis vs. Surrounding Areas

Whitestown, IN
Carmel, IN
Plainfield, IN
Fishers, IN
Noblesville, IN
Greenwood, IN
Indianapolis, IN
Speedway, IN
$1,722
$1,554
$1,450
$1,422
$1,386
$1,054
$969
$895
$0
$600
$1,200
$1,800
$2,400
Median 1 BR Rent

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 Carmel, IN, Noblesville, IN, Whitestown, IN, Speedway, IN, Plainfield, IN .

  • Rent decreased in Fishers, IN, Greenwood, IN.

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

  • 1 suburb is currently priced lower than the city of Indianapolis.

May 2024 Pricing Trends: Indianapolis vs. National Comparisons

New York, NY
San Francisco, CA
Washington, DC
Los Angeles, CA
Chicago, IL
Columbus, OH
Minneapolis, MN
Pittsburgh, PA
Indianapolis, IN
$4,056
$3,039
$2,377
$2,336
$1,913
$1,300
$1,283
$1,178
$969
$0
$1,350
$2,700
$4,050
$5,400
Median Rent

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 May 1 BR M/M % Change 2 BR May 2 BR M/M % Change
Indianapolis, IN $969.0 -1.12% $1,245.0 1.14%
Carmel, IN $1,554.0 4.02% $1,989.0 11.49%
Noblesville, IN $1,386.0 0.73% $1,701.0 1.19%
Whitestown, IN $1,722.0 2.81% $1,869.0 2.08%
Speedway, IN $895.0 0.22% $1,107.0 -0.36%
Fishers, IN $1,422.0 -2.54% $1,792.0 -4.78%
Greenwood, IN $1,054.0 -0.66% $1,283.0 -0.46%
Plainfield, IN $1,450.0 0.35% $1,703.0 -0.70%

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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