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Apartments in Downtown Indianapolis

121 - 150 of 166 Results
35
$1,275
Monon Lofts
1122 E 16th St Indianapolis, IN
1 BR | Dec. 14, 2024
Contact
Dog Friendly
Cat Friendly
Luxury
Income Restricted
Air Conditioning
1
$1,350
4 Bedroom, 2 Bath, Open, Industrial-modern, High Ceilings, New Wiring And Plumbing.
269 N Richland St Indianapolis, IN
4 BR | Available Now
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House
1
$925
Essex Apartments
940 Woodruff Place Middle Dr Indianapolis, IN
1 BR | Available Now
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Dog Friendly
Cat Friendly
Woodruff Place
13
$900
815 Dawson St, Unit 2
Indianapolis, IN
2 BR | Available Now
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Dog Friendly
Cat Friendly
1
$1,900
717 721 Woodruff Place East Dr
Indianapolis, IN
4 BR | Available Now
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Woodruff Place
0
$1,100 - 1,300
814 Woodruff Place East Drive
812 Woodruff Place East Dr Indianapolis, IN
1 - 2 BR | Available Now
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Dog Friendly
Cat Friendly
Woodruff Place
0
Call for Pricing
Charm And Convenience: Your Ideal 5-bedroom Haven In Talbott Street!
2010 N Talbott St Indianapolis, IN
5 BR | Available Now
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House
Herron Morton
11
$825
1910 1912 Lexington Ave
Indianapolis, IN
Studio | Available Now
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Storage
25
$1,899
832 S Randolph St
Indianapolis, IN
3 BR | Available Now
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Dog Friendly
Cat Friendly
Air Conditioning
Balcony/Deck/Patio
Dishwasher
2
$700
229-231 N Jefferson Ave
Indianapolis, IN
1 BR | Available Now
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Dog Friendly
Cat Friendly
Storage
Disability Access
Woodruff Place
6
$750
Meridian Walk Apartments
2063 Meridian Street Indianapolis, IN
1 BR | Ask for Availability
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Herron Morton
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
21
$2,000
2040 N Delaware St
Indianapolis, IN
2 BR | Jan. 1, 2025
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Dog Friendly
Cat Friendly
House
Balcony/Deck/Patio
Storage
0
$1,510
Beautifully Restored 3 Br, 1.5 Br Pre-war Gem In Herron-morton
2101 Pennsylvania St Unit 4 Indianapolis, IN
3 BR | Available Now
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Dog Friendly
Cat Friendly
House
Herron Morton
0
$1,510
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
1
$800 - 850
2043 N Talbott St
Indianapolis, IN
1 - 2 BR | Available Now
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Dog Friendly
Cat Friendly
Storage
Herron Morton
1
$1,800
Free Rent Special For Move In 's By 9/25 For Our Modern 6 Bedroom Updated Single Family Home In The Heart Of Fountain Square
811 Villa Ave Indianapolis, IN
4 BR | Available Now
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House
Dishwasher
8
$1,050
25 N Beville Ave
Indianapolis, IN
4 BR | Available Now
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Dog Friendly
Cat Friendly
House
18
$1,500
2131 North
2131 N Meridian St Indianapolis, IN
1 - 2 BR | Ask for Availability
Contact
Air Conditioning
In Unit Laundry
Fitness Center
Dishwasher
Herron Morton
1
$1,250
Charming 2-bedroom Home In Fountain Square
824 E Beecher St Indianapolis, IN
2 BR | Available Now
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House
7
$950
1130 Blaine Ave
Indianapolis, IN
3 BR | Available Now
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Dog Friendly
Cat Friendly
House
0
$965
2039 N College Ave
Indianapolis, IN
2 BR | Ask for Availability
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Kingpark
6
$999
1142 Blaine Ave
Indianapolis, IN
5 BR | Available Now
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Dog Friendly
Cat Friendly
House
22
$1,495
Stop Looking You've Found It!
752 Miley Ave Indianapolis, IN
2 BR | Available Now
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House
0
$950
2051-2055 N College Ave
Indianapolis, IN
1 BR | Ask for Availability
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Kingpark
20
$1,350
*coming Soon!* 1541 Spruce St, Indpls, In 46203
1541 Spruce St Indianapolis, IN
3 BR | Ask for Availability
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House
Balcony/Deck/Patio
0
$950
701 E 21St St
Indianapolis, IN
2 BR | Ask for Availability
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Kingpark
6
$895
1846 Milburn St
Indianapolis, IN
3 BR | Available Now
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House
121 - 150 of 166 Results
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Frequently Asked Questions

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

Rentable.co has over 163 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 $1,015 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 $1,264 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 $1,676 per month.

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

Rentable.co has over 48,437 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 $880 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 $1,040 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 $35,000 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 2024 Indianapolis Apartment Report. In this assessment of the local rental market, Rentable data scientists and rental experts break down the December 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
Jan. 2024
Feb. 2024
Mar. 2024
Apr. 2024
May. 2024
Jun. 2024
Jul. 2024
Aug. 2024
Sep. 2024
Oct. 2024
Nov. 2024
Dec. 2024
1 BR       2 BR

Indianapolis Rent Prices Increase From November to December

Indianapolis rent prices increased over the last month. From November to December, the city experienced a 0.38% increase for the price of a one-bedroom apartment. The rent price for a Indianapolis one-bedroom apartments currently stands at $1,045.0.

When we take a look at the two-bedroom comparison from November to December, Indianapolis experienced a 0.74% increase for the price of a two-bedroom apartment. The rent price for a Indianapolis two-bedroom apartments currently stands at $1,232.0.

December Prices: Indianapolis vs. Surrounding Areas

Whitestown, IN
Carmel, IN
Greenwood, IN
Plainfield, IN
Noblesville, IN
Westfield, IN
Indianapolis, IN
$1,654
$1,586
$1,520
$1,503
$1,424
$1,233
$1,041
$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, 4 local areas experienced a decrease in the price of a one-bedroom apartment.

More key findings include:

  • Rent increased in Plainfield, IN, Westfield, IN .

  • Rent decreased in Carmel, IN, Greenwood, IN, Whitestown, IN, Noblesville, IN.

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

December 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
$4,134
$3,160
$2,389
$2,353
$1,914
$1,318
$1,255
$1,234
$1,041
$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 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 December 1 BR M/M % Change 2 BR December 2 BR M/M % Change
Indianapolis, IN $1,041.0 2.16% $1,223.0 1.33%
Carmel, IN $1,586.0 -0.06% $2,164.0 -0.46%
Greenwood, IN $1,520.0 -3.37% $1,763.0 -2.97%
Whitestown, IN $1,654.0 -2.01% $1,714.0 -3.60%
Noblesville, IN $1,424.0 0.00% $1,761.0 0.06%
Plainfield, IN $1,503.0 0.20% $1,695.0 -2.25%
Westfield, IN $1,233.0 1.15% $1,453.0 -2.81%

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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