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Apartments in Indianapolis

1 - 30 of 799 Results
46
$1,081 - 7,242
Artistry Indy
Deal
5.0
451 Emarket St Indianapolis, IN
Studio - 3 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Balcony/Deck/Patio
Storage
Downtown Indianapolis
8
$805 - 1,214
Forty-Six Flats
2511 E 46th St Indianapolis, IN
1 - 2 BR | Ask for Availability
Contact
Dog Friendly
Cat Friendly
Luxury
Income Restricted
Air Conditioning
31
$1,049
Indianapolis - West
8045 Rockville Rd Indianapolis, IN
Studio | Available Now
Contact
Dog Friendly
Cat Friendly
Short-term
Air Conditioning
Covered Parking
35
3D Tour
$949 - 1,149
Lawrence Landing
4.4
6875 Faris Avenue Indianapolis, IN
1 - 2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Virtual Tour
Luxury
Air Conditioning
29
$1,199 - 1,525
Riverchase Apartments
Deal
2730 River Chase Dr Indianapolis, IN
1 - 2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Luxury
Air Conditioning
Covered Parking
39
$1,299 - 3,740
The MK
Deal
3.4
5858 N College Ave Indianapolis, IN
Studio - 3 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Virtual Tour
Luxury
Air Conditioning
63
$1,071 - 3,499
Edge 35
Deal
4.0
1224 Prospect St Indianapolis, IN
Studio - 2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Virtual Tour
Air Conditioning
In Unit Laundry
23
$1,030 - 1,320
Woodbrook Apartments
4.2
5302 Woodbrook Drive Indianapolis, IN
1 - 2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Air Conditioning
Covered Parking
Fitness Center
37
$1,079
Indianapolis - Lawrence
9515 Pendleton Pike Indianapolis, IN
Studio | Available Now
Contact
Dog Friendly
Cat Friendly
Short-term
Air Conditioning
Covered Parking
30
$1,193 - 3,189
Bayview Club Apartments
Deal
7545 Bayview Club Drive Indianapolis, IN
1 - 3 BR | Available Now
Contact
Luxury
In Unit Laundry
Balcony/Deck/Patio
Fitness Center
Storage
61
$769 - 1,629
PER
ROOM
The Avenue
930 W 10th St Indianapolis, IN
1 - 4 BR | Available Now
Contact
Furnished
Dog Friendly
Cat Friendly
Student
Luxury
32
$1,175 - 1,550
Proctor Place
240 N Warman Ave Indianapolis, IN
1 - 3 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Air Conditioning
Surface Parking
Dishwasher
57
$751 - 3,263
Prairies Apartments
4555 N Arlington Ave Indianapolis, IN
1 - 3 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Townhome
Covered Parking
Balcony/Deck/Patio
48
$1,649
Indianapolis - West 86th St.
8520 Northwest Blvd Indianapolis, IN
Studio | Available Now
Contact
Dog Friendly
Cat Friendly
Short-term
Air Conditioning
Covered Parking
53
$821 - 2,122
Hills Apartments
5500 Pleasant Hill Circle Indianapolis, IN
1 - 3 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Balcony/Deck/Patio
Fitness Center
Dishwasher
48
$719 - 2,445
Fields Apartments
3215 N Alton Ave Indianapolis, IN
1 - 3 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Air Conditioning
Balcony/Deck/Patio
Dishwasher
48
$793 - 1,823
Vistas Apartments
1366 N Arlington Ave Indianapolis, IN
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Covered Parking
Balcony/Deck/Patio
Storage
37
$801 - 1,832
Courts Apartments
4417 Linwood Ct Indianapolis, IN
1 - 2 BR | Available Now
Contact
Heat Included
Dog Friendly
Cat Friendly
Air Conditioning
Covered Parking
35
$1,169
Indianapolis - North - Carmel
9750 Lake Shore Dr Indianapolis, IN
Studio | Available Now
Contact
Dog Friendly
Cat Friendly
Short-term
Air Conditioning
Covered Parking
37
$736 - 2,051
Cedars Apartments
3417 N Rybolt Ave Indianapolis, IN
Studio - 2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Covered Parking
30
$756 - 2,603
The Pines at SoBro
5018 Lemans Dr Indianapolis, IN
1 - 3 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Covered Parking
Balcony/Deck/Patio
Fitness Center
17
$880 - 2,298
Riverside Apartments
2638 Cold Spring Manor Dr Indianapolis, IN
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Air Conditioning
Covered Parking
Dishwasher
37
$1,560
Indianapolis - Airport
2730 Fortune Cir Indianapolis, IN
Studio | Available Now
Contact
Dog Friendly
Cat Friendly
Short-term
Air Conditioning
Covered Parking
17
$1,058 - 2,179
Vineyards Apartments
10101 E Montery RD Indianapolis, IN
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Air Conditioning
Covered Parking
Balcony/Deck/Patio
52
$1,710
Indianapolis - Airport - W. Southern Ave.
5350 W Southern Ave Indianapolis, IN
Studio | Available Now
Contact
Dog Friendly
Cat Friendly
Short-term
Air Conditioning
Covered Parking
28
$769 - 1,147
34 North Apartments
3402 N Meridian St Indianapolis, IN
Studio - 4 BR | Available Now
Contact
Income Restricted
Air Conditioning
Fitness Center
Storage
16
$916 - 1,115
Preston Pointe Senior Apartments
3.2
5910 E 12Th St Indianapolis, IN
1 - 2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Senior Community
Luxury
Income Restricted
29
$1,590
Indianapolis - Northwest - College Park
9030 Wesleyan Rd Indianapolis, IN
Studio | Available Now
Contact
Dog Friendly
Cat Friendly
Short-term
Air Conditioning
Covered Parking
22
$934 - 1,556
Lynhurst Park (Phase II)
2.6
3215 Joey Way Indianapolis, IN
1 - 4 BR | Available Now
Contact
Air Conditioning
Surface Parking
Fitness Center
Dishwasher
Pool
50
$1,821 - 2,706
The Vue Luxury Apartments
718 E Georgia St. Indianapolis, IN
Studio - 2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Luxury
In Unit Laundry
Balcony/Deck/Patio
1 - 30 of 799 Results
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How much does it cost to rent an apartment in Indianapolis?

Indianapolis Apartments
Bed Type Average Rent Range
Studio $890 $500 - $1,470
1BR $1,020 $700 - $1,550
2BR $1,210 $760 - $1,900
3BR $1,480 $900 - $2,380
4+BR $1,670 $910 - $6,600
Frequently Asked Questions

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

Rentable.co has over 48,290 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 $890 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 $1,210 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 $1,210 per month, which is lower than the national average of $1,600 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.

Find a Indianapolis Apartment

Racing, football, basketball and basically all other forms of competition are at the heart of Indianapolis. It is the capitol of the state, the largest city in Indiana, and home to more than 800,000 people. Government agencies are some of the largest and most important employers in the city, but it also has a strong manufacturing backbone. Tourism due to the sporting events hosted in the city, especially racing, also provides a strong boost to the local economy.

Indianapolis is famous for its downtown. The city compresses a huge amount of shopping, dining and other services into a small area that is easily traveled by foot. However, most people are visiting the downtown as a side-trip. The real thing that draws people to Indianapolis is the Indianapolis 500, an event so popular it is estimated to have more than 300,000 people attend it annually.

When to Search

When you need to rent a place in Indianapolis, avoid looking in May. The problem with May is that many people with suites available for rent will rent them out to tourists coming to town to take in the Indy 500. If you look in June though, the tourists are gone and many people will be looking to rent out their available units.

Staying in the Know

Applying for an apartment in Indianapolis should be treated like applying for a job. Just like you want an employer to form a good opinion of you and hire you, you want a landlord to extend you the trust of letting you live in a property they own. You do this the same way, by convincing them that you are professional, responsible and by providing good references.

Life in Indianapolis

Transportation

The best method to get around Indianapolis depends on where you want to go. The closer you're staying to the city center, the better the bus is suited to your needs. For the interior of the city, it is fast, clean and efficient. However, if you want to get outside the interior, a car is really helpful, as bus routes are less frequent and in some cases not available at all to certain outlying areas.

Where to play

If you get a chance to attend a college football or basketball game, or a racing event, you'll get a real feel for what Indianapolis is all about. There are also museums celebrating the NCAA and the Motor Speedway Hall of Fame to visit on days without events. With more than a dozen golf courses available from the city, those who love a slower sport have lots to keep them entertained as well. Indy is also well known for its music, so visit Birdy's and the Chatterbox to experience some after-hours culture.

Neighborhoods

Downtown Indianapolis
Fletcher Place
Herron Morton
Kingpark
Lexington Farms
Mapelton
Martindale
Old Northside
Riley
St Joseph
Upper Canal
West Indianapolis
Woodruff Place

Search Cities Near Indianapolis, IN

Beech Grove, IN
Speedway, IN
Greenwood, IN
Camby, IN
Avon, IN
Plainfield, IN
Brownsburg, IN
Zionsville, IN
Carmel, IN
Fishers, IN
McCordsville, IN
Pittsboro, IN
Whitestown, IN
Westfield, IN
Danville, IN
Fortville, IN
Noblesville, IN
Franklin, IN
Greenfield, IN
Lebanon, IN

Campuses Nearby

Indiana University - Purdue University Indianapolis
Butler University
Ivy Tech Community College-Central Indiana
University of Indianapolis
Purdue University Global

Indianapolis:
November Rent Report

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

$1,350
$1,010
$680
$340
$0
Dec. 2023
Jan. 2024
Feb. 2024
Mar. 2024
Apr. 2024
May. 2024
Jun. 2024
Jul. 2024
Aug. 2024
Sep. 2024
Oct. 2024
Nov. 2024
1 BR       2 BR

Indianapolis Rent Prices Increase From October to November

Indianapolis rent prices increased over the last month. From October to November, the city experienced a 2.16% increase for the price of a one-bedroom apartment. The rent price for a Indianapolis one-bedroom apartments currently stands at $1,041.0.

When we take a look at the two-bedroom comparison from October to November, Indianapolis experienced a 1.33% increase for the price of a two-bedroom apartment. The rent price for a Indianapolis two-bedroom apartments currently stands at $1,223.0.

November Prices: Indianapolis vs. Surrounding Areas

Whitestown, IN
Carmel, IN
Greenwood, IN
Plainfield, IN
Noblesville, IN
Westfield, IN
Indianapolis, IN
Speedway, IN
$1,688
$1,587
$1,573
$1,500
$1,424
$1,219
$1,019
$937
$0
$550
$1,100
$1,650
$2,200
Median 1 BR Rent

Rent Prices in Indianapolis and Surrounding Areas

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

More key findings include:

  • Rent increased in Noblesville, IN, Speedway, IN .

  • Rent decreased in Carmel, IN, Greenwood, IN, Whitestown, IN, Plainfield, IN, Westfield, IN.

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

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

November 2024 Pricing Trends: Indianapolis vs. National Comparisons

New York, NY
San Francisco, CA
Los Angeles, CA
Washington, DC
Chicago, IL
Columbus, OH
Minneapolis, MN
Pittsburgh, PA
Indianapolis, IN
$4,211
$3,115
$2,373
$2,354
$1,903
$1,338
$1,246
$1,202
$1,019
$0
$1,400
$2,800
$4,200
$5,600
Median Rent

Indianapolis Rent Prices More Affordable Than Major Cities

Rent growth in Indianapolis over the past year has been on the rise. 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 November 1 BR M/M % Change 2 BR November 2 BR M/M % Change
Indianapolis, IN $1,019.0 2.00% $1,207.0 0.17%
Carmel, IN $1,587.0 -0.19% $2,174.0 -0.09%
Greenwood, IN $1,573.0 -1.38% $1,817.0 -1.68%
Whitestown, IN $1,688.0 -2.60% $1,778.0 -3.63%
Noblesville, IN $1,424.0 0.07% $1,760.0 0.69%
Plainfield, IN $1,500.0 -0.13% $1,734.0 -0.46%
Speedway, IN $937.0 0.11% $1,144.0 0.53%
Westfield, IN $1,219.0 -2.09% $1,495.0 -2.35%

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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