Apartments For Rent in Indianapolis, IN
2,201 rentals
- SPECIAL OFFERPET FRIENDLY
- PET FRIENDLY
- NEW - 1 DAY AGOPET FRIENDLYTotal price$1,325 - $1,725/mo2-4 Beds1-2 BathsStratford Place | Castleford Dr,
Indianapolis, IN 46203 - NEW - 1 DAY AGOPET FRIENDLY
- PET FRIENDLY
- NEW - 2 DAYS AGOSPECIAL OFFERPET FRIENDLY
- SPECIAL OFFERPET FRIENDLY
- $1,300 - $1,505/mo2-3 Beds1-2 BathsCommunity Place Apartments | Community Pl,
Indianapolis, IN 46227 - $1,195 - $1,750/moStudio-2 Beds1-2 BathsRiverview | N White River Parkway West Dr,
Indianapolis, IN 46222 - $947 - $1,542/moStudio-2 Beds1-3 BathsLake Castleton Apartments | Carlton Arms Dr,
Indianapolis, IN 46256 - $1,225 - $2,255/mo1-3 Beds1-3 BathsStone Ridge Flats and Townhomes | Vedder Pl,
Indianapolis, IN 46241 - $1,099 - $1,399/mo1-2 Beds1-2 BathsBuffalo Creek Apartments | Buffalo Run Dr,
Indianapolis, IN 46227 - $1,182 - $1,513/mo1-2 Beds1-2 BathsLakeshore Apartments | Lakeshore Trail East Dr,
Indianapolis, IN 46250 - $1,034 - $1,770/mo1-3 Beds1-3 BathsPier 39 Apartments & Townhomes | Back Bay Ct,
Indianapolis, IN 46214
Explore Neighborhoods in Indianapolis, IN
Neighborhood stats provided by third party data sources.
What Locals Say about Indianapolis
Review Highlights
Indianapolis pulses with easy living—historic streets, quick highways, parks, and lively downtown. Residents love friendly blocks, festivals, parks, museums, and quick access to downtown. They gripe about potholes, traffic, patchy safety, limited transit, and scarce dog parks.
AI-generated summary of moderated reviews.
Types of apartment in Indianapolis, IN
Indianapolis apartments range from old brick walk-ups to newer mid-rise buildings. In Downtown, Chatham Arch, Fletcher Place, Fountain Square, and Old Northside, many apartments sit in restored industrial buildings, early 1900s brick flats, and townhome-style properties with porches, bay windows, and stone trim. You can also find houses for rent in these areas, often with narrow lots, alleys, and detached garages. Inside, many older units have hardwood floors, tall windows, and radiator heat, while newer apartments often add in-unit laundry and open kitchens.North and northeast areas like Broad Ripple, Meridian-Kessler, Castleton, and Nora have more garden-style apartments, low-rise complexes, and split-level rentals with larger parking lots and set-back entries. On the near west side in Haughville and farther south near Garfield Park and Irvington on the east side, apartments can include duplexes, fourplexes, and small courtyard buildings mixed with single-family houses for rent. Exterior styles shift from red brick and limestone details near Meridian Street to vinyl-sided suburban buildings farther out. Tradeoffs often come down to stairs, parking layout, storage, and how updated the interior feels.
Getting around Indianapolis, IN
IndyGo, the bus service, covers much of the city, and the Red Line bus rapid transit route is useful for renters in Broad Ripple, Midtown, and Downtown. Driving is common, with I-65, I-70, and I-465 shaping many apartment searches. Parking is easier in Castleton, Nora, and farther south than in parts of Downtown or Fletcher Place. Walking works best in Mass Ave, Fountain Square, and Broad Ripple. The Cultural Trail helps with biking between central neighborhoods.Living in Indianapolis, IN
Indianapolis is known for sports, conventions, health care, logistics, and office work. Many renters look near Downtown for places close to Lucas Oil Stadium, Gainbridge Fieldhouse, and the Indiana Convention Center. The city also has steady activity around the Indianapolis Motor Speedway, Newfields, White River State Park, and Broad Ripple Avenue. Apartments near these areas can feel very different in building style, traffic flow, and street parking.Average Rent Trends in Indianapolis, IN
Rent in Indianapolis, IN varies by number of bedrooms and home type. Use these charts to quickly see how rent changes.
Average rent stayed about the same in Jul 2026 compared to the previous month. Rent previously peaked in Jul 2025.
| Month | Average rent |
|---|---|
| Aug 2025 | $1,507 |
| Sep 2025 | $1,525 |
| Oct 2025 | $1,500 |
| Nov 2025 | $1,499 |
| Dec 2025 | $1,475 |
| Jan 2026 | $1,480 |
| Feb 2026 | $1,472 |
| Mar 2026 | $1,490 |
| Apr 2026 | $1,500 |
| May 2026 | $1,500 |
| Jun 2026 | $1,500 |
| Jul 2026 | $1,498 |
Average Rent By Bedroom and Home Type
In July 2026, Apartments and Condos were the most affordable home type to rent compared with Townhomes and Houses.
| 1 bed | 2 beds | 3 beds | 4 beds | All | |
|---|---|---|---|---|---|
| All home types | $1,032 | $1,300 | $1,724 | $2,095 | $1,500 |
| Townhomes | $1,050 | $1,450 | $1,800 | $2,300 | $1,700 |
| Apartments and Condos | $950 | $1,275 | $1,600 | $1,600 | $1,250 |
| Houses | $899 | $1,300 | $1,799 | $2,166 | $1,799 |
Frequently Asked Questions about Rentals in Indianapolis, IN
- What is the average rent of an apartment in Indianapolis, IN?The average rent of an apartment in Indianapolis, IN is $1,171 per month. This is about 40% lower than the national average.
- When is the average rent cheapest in Indianapolis, IN?In the last year, the average rent in Indianapolis, IN was lowest in Jan 2025 when it was $1,400 per month.
- When is the average rent most expensive in Indianapolis, IN?In the last year, the average rent in Indianapolis, IN was highest in Jul 2025 when it was $1,549 per month.
- How does the rent of a 1 bedroom apartment compare to a studio apartment in Indianapolis, IN?The average rent of a 1 bedroom apartment in Indianapolis, IN is $1,023 per month. That is about $123 more than the cost of a studio apartment.
- How many available rental listings are in Indianapolis, IN?There are 2,303 available rental listings in Indianapolis, IN.
- What colleges and universities are in Indianapolis, IN?Colleges and universities in Indianapolis, IN include: Indiana University Indianapolis, University of Indianapolis.
- What are some neighborhoods in Indianapolis, IN?Some neighborhoods in Indianapolis, IN include: Far Eastside, Chapel Hill-Ben Davis, Near Eastside, Snacks-Guion Creek, East Warren.
- What are some zip codes in Indianapolis, IN?
- What are some cities near Indianapolis, IN?Some nearby cities include: Beech Grove, Speedway, Southport, Lawrence, Cumberland. These cities may have more rental options to explore.
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