Apartments for Rent in Indianapolis, IN (1,862 Rentals)

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Bon Air Residence
$1,750 - $2,250
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$1,750 - $2,250
Total Monthly Price
$1,750 - $2,250
1 Bedroom Apartments Available Now

Bon Air Residence

21-23 W 16th StIndianapolis, IN 46202
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Indy's Innovation Hub: Top Indianapolis Employers and the Neighborhoods that Welcome You Home

Find your dream job and perfect neighborhood in Indy. Discover major companies and the best places to live for young professionals and families, from historic districts to quiet, upscale communities.

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Lake Castleton Apartments
Rent Specials
$815 - $1,501
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Total Monthly Price

Base Rent
$815 - $1,501
Total Monthly Price
$815 - $1,501
Studio to 2 Bedroom Apartments Available Now

Lake Castleton Apartments

7601 Carlton Arms DrIndianapolis, IN 46256
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Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

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Find Your Indy Home: A Guide to Indianapolis Apartment Rentals and Neighborhoods

Discover the heart of the Midwest! Learn about popular Indianapolis neighborhoods to rent like Speedway and Eagledale, plus top universities and can't-miss places to eat.

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Check Out Indianapolis’s Best Affordable Neighborhoods

Learn about Indianapolis and the best places to live with original content written by our Local Expert Wendy Melton

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How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

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Indianapolis, IN Local Guide

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A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

Learn the property manager's true secrets to a zero-deduction move-out. Use this step-by-step guide on documentation, cleaning, and lease-reading to reclaim your security deposit.

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18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Tour smarter and choose with confidence. Get the essential 18 questions that reveal the truth about a rental property's maintenance, utilities, and safety.

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Your Guide to Picking the Perfect Indianapolis Neighborhood for Student Renters

Learn About the Best Neighborhoods to Rent Near College Campuses in Indianapolis, IN | Find Charlotte Indianapolis Student Housing at ApartmentHomeLiving.com

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Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University

From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.

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Indianapolis Overview

Indiana’s capital, Indianapolis, is the state’s largest city and it ranks 13th in the country for size. It sits near the convergence of the White River and Fall Creek. Recently, Forbes ranked Indianapolis as having one of the best downtowns in the country because of its appealing appearance as well as amenities like movie theaters, museums, art galleries, parks, retail shops and entertainment. Indianapolis has experienced moderate growth in the last few years, and currently has a population of nearly 840,000 residents.

What is the history of Indianapolis?

Indiana was admitted to statehood in 1816 and the U.S. Congress donated four portions of federal land in order to establish a seat of state government. In 1818, the Delaware tribe (known as the Lenape) relinquished their land, in exchange for an annuity of $4000. This area of land, called the New Purchase, became the site chosen for the new state capital in 1820. The early settlers of the area that was to become Indianapolis were predominately of northwestern European descent. Many of the settlers were Protestants, but a large portion of the immigrants were Irish and German Catholics. The first families to settle in the town of Indianapolis were the McCormicks and the Pogues, sometime around 1820. Indianapolis officially became a town in 1832, and it became incorporated as a city in 1847. January 1, 1825, the seat of state government was moved to Indianapolis and the Indiana General Assembly’s first session in the state capital began on January 10, 1825.

How is the weather in Indianapolis?

Indianapolis experiences four distinct seasons. Summers tend to be warm and humid, with average July temperatures of about 76°. However, summer temperatures are known to reach 90° (typically, 18-20 days a year). The Spring and Fall are usually pleasant, though somewhat unpredictable. It isn’t uncommon for several warm days (80° daily high temperatures) to be followed within a couple of days by snowfall. Winters are cold in Indianapolis, with average daily high temperatures around 28°, but they drop to below 0° an average of 5 nights per year. The wettest months are in the Spring and Summer, with May being the rainiest. There is really no dry season in Indianapolis. Average rainfall is 42 inches and snowfall is 26 inches.

How do I get around town?

With so much to see and do in downtown Indianapolis, you will want to take your time there. The downtown area is best navigated on foot, as the streets are busy and parking isn’t always easy to find. Outside of downtown, you’ll need a car to get around. There is also a very clean and efficient bus system in Indianapolis, however, the routes are complicated and big potions of the metropolitan area do not have service. Taxis are available in the downtown area and at the Indianapolis International Airport (IND), but you won’t be able to flag one down in other parts of the city, you will need to call ahead. The city has an Amtrak station, which includes two service lines that travel to and from Cincinnati, Washington D.C., Chicago, and New York.

What is the Indianapolis commute like?

Indianapolis has the nickname, “Crossroads of America”, and it’s easy to see why. The city acts as a hub where all of the Indiana interstates come together. The interstates (I-65, I-69, I-70, and I-74) are joined by the 465 Metro Loop that goes around the city. In addition, there are several well-maintained U.S. Highways and State routes to make getting around the city and to other Indiana cities easy. Workers in Indianapolis spend an average of 22 minutes commuting to work each day.

What are the local media outlets?

The Indianapolis Star is the only daily newspaper serving Indianapolis, but there are several popular weekly publications including: NUVO, Indianapolis Recorder, and the Indianapolis Business Journal. There are 77 radio stations in the Indianapolis area, and the city is home to The Bob & Tom Show, a popular nationally syndicated program on WFBQ.

Why live in Indianapolis, IN?

In Indianapolis, if you are a sports fan, you are in luck. The city boasts many sports-related venues and activities. There is a lot to do if you love history, art, and the outdoors as well (in the warmer months, of course!). Here are some of the highlights the city has to offer:

What Indianapolis landmarks should I see?

Indianapolis is known for its devotion to honoring the country’s fallen soldiers. The city dedicates more acreage than any other U.S. city to doing so, and is second only to Washington D.C. in the amount of war memorials. The Soldiers and Sailors Monument is at the heart of downtown, the center of the city and the collection of many other war memorials. You can take tours of this civil war memorial, as well as many others.

What is there to do around Indianapolis?

In addition to all of the war memorials, Indianapolis has a lot to do. Here are just a few of the places that you can go for sporting events, arts and culture, and family fun. The Indianapolis Motor Speedway is a great destination that is the world’s largest racetrack and home of the Indianapolis 500, while Lucas Oil Stadium, home of the Indianapolis Colts and Bankers Life Fieldhouse, home to the Indiana Pacers, give an outlet for the sports fans around town. If you're looking for art and culture for the kids, you might consider heading out of the Indy apartment for a day at the Children’s Museum of Indianapolis. For fun outdoors you might consider a trip to White River State Park or Fort Harrison State Park.

Any annual festivals or Indianapolis events to know?

The Indianapolis 500 Festival is a community festival that celebrates the historic Indianapolis 500. The event happens at the end of each May and has nearly 50 events and programs. At least half a million people visit the festival each year, making it Indianapolis’ biggest festival of the year. The Eitejorg Museum’s Indian Market and Festival is a celebration of Native American cultures that has taken place every June for the last 20 years. The festival includes art from more than 160 Native American artists, dance performances, Native American food, and lots of family activities.Every September since 1999, the Indy Jazz Fest celebrates the jazz and arts scene with 10 days of concerts, master classes and panel discussions.

Where are the nearby vacation spots?

There are some great vacation spots near Indianapolis that won’t require much in the way of travel time. The city of Chicago is a less than 3-hour drive north from Indianapolis. You will find an abundance of things to do in the “Windy City.” Likewise, St. Louis, Missouri is just under 4-hours by car. There you can visit the Gateway Arch and many other attractions. Nashville, Tennessee, the country music capital of the world, is just a 4-hour car drive away. If you are a country music lover, this is the perfect destination for your vacation.

Where is the best place to move in Indianapolis?

Whether you are a young professional looking for a place to live in Indianapolis, or a family looking for a neighborhood with children, you can find the perfect place to live. Lockerbie Square, Broad Ripple Village, Mass Ave Arts District, and Canal & White River State Park District are all popular neighborhoods for young professionals. They have vibrant nightlife, music and arts, and a younger demographic. Carmel, Fishers, and Zionsville are neighborhoods that are safe, filled with parks and great schools. They are perfect for families with children. Indianapolis, Indiana is a great place to visit, with lots of sporting and cultural events that appeal to everyone, but it is also a great place to live for year-round activities and fun.

Nothing says happiness, excitement, joy and freedom like living in Indianapolis apartments for rent! Each day is a breath of fresh air with many new adventures for local residents to enjoy and be living proof that Indianapolis apartment living is like no other! Hi, I’m Trey, the Official Indianapolis apartment living guide and I am looking forward to helping you find a fun place just like the hundreds of happy residents who I’ve helped find Indianapolis apartments for rent. As your Indianapolis apartment resource I want to make your apartment shopping experience stress-free and as easy as can be by showing you the most apartments in Indianapolis, Indiana and providing you with accurate info on each one, updated every single day. So I invite you to come on in and explore Indianapolis apartments and the excitement and joy that comes along with Indianapolis apartment renting! There is no doubt about it, living in Indianapolis apartments is the "bee’s knees"! You never have to deal with ever-rising property taxes or the ridiculous headaches of landscaping and taking care of a lawn. In most communities there is a pool that you aren’t responsible for cleaning and a rockin’ fitness center. The apartment lifestyle is awesome to begin with, but living in Indianapolis apartments is a recipe for the best "Life Brownies" you could ever taste. The options for adventures out of the apartment are plentiful, exciting and waiting for you within just a few miles from the doorstep of your Indianapolis apartment. But if your idea of fun is kicking back at your place with a with a bottle of wine and your favorite movie, that’s cool too. Your Indianapolis apartment grants you all the nearby necessities to make this "loungy" life possible and as comfortable as can be. From spacious floor plans and patios to on-site laundry facilities convienient parking, Indianapolis rentals have everything you need to live with ease and keep a smile on your face. So renting your Indianapolis apartment offers you the things necessary for an unrivaled life of freedom and fun, but what else? I’ll tell you what else! You can make your place your own! Although you may be renting, an apartment gives you a blank canvas to express yourself to all your guests. Whether it’s bold colors or fancy furnishings and decor, you have the option of making your place look anyway possible. Then, when you get tired of how your place looks, you have the freedom to try something else. Whether you like bold and risky or tame and conservative, your apartment can easily become a reflection of you all at the simple cost of a little of the tons of extra time and money you’ll save by renting. With all of that money and time you’ll be saving by renting apartments in Indianapolis, you’ll free up more money than just for your apartment decor. You’ll be able to splurge a little on that special someone, get a boat load of gifts to give your family the best Christmas ever, or take that excursion to see the Great Barrier reef that you’ve been dreaming about. All while the non-renters are trying to pay all their bills! And all of this is just the tip of the iceberg on how awesome your life can be in Indianapolis apartments. Finding your fun new place is easy, so hop to it by taking a look at my top picks in Indianapolis apartments for rent and discover just how amazing Apartment Home Living can truly be.

Remember the 3 Rules of Real Estate:
Location, Location, Location!

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Indianapolis, IN Area Reviews

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Wendy • 3+ years in Indianapolis

August 10, 2025

One of Indiana's most beautiful cities!

Frequently Asked Questions about Indianapolis

What is the current pricing and availability for apartments for rent in Indianapolis, IN?

As of today, August 02, 2026, there are currently 1,862 available Indianapolis apartments priced from $518 to $14,232, with an average monthly rent of $1,563.

What Indianapolis neighborhoods have the most available apartments?

There are 245 neighborhoods in the Indianapolis area with available listings as of today. The three neighborhoods with the most options are Martindale with 686 listings, Downtown Indianapolis with 514 listings, and United Northwest with 491 listings.

How much are Studio apartments in Indianapolis?

There are currently 525 Studio Apartments in Indianapolis with rent ranges from $556 to $6,490 with an average price of $1,206.

What is the current price range for One Bedroom Indianapolis Apartments for rent?

Today's rental pricing for One Bedroom Apartments in Indianapolis ranges from $518 to $4,108 with an average monthly rent of $1,368.

What does renting a Two Bedroom Apartment in Indianapolis cost?

The monthly rent prices of Two Bedroom Apartments currently available in Indianapolis range from $650 to $10,798. Today's average rental price for Two Bedrooms here is $1,659.

How expensive are Indianapolis Three Bedroom Apartments?

There are currently 527 Three Bedroom Apartments listings available in Indianapolis on ApartmentHomeLiving.com. The pricing ranges from $799 to $9,205 - averaging $2,009 for the location.

Expert Rental Resources

The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.

Helpful Local Expert Guides

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Indys Innovation Hub: Top Indianapolis Employers and the Neighborhoods that Welcome You Home

Written by: Wendy Melton

Indianapolis is truly the heart of the Midwest. No matter what career path you choose, opportunities for advancement are everywhere.

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Find Your Indy Home: A Guide to Indianapolis Apartment Rentals and Neighborhoods

Written by: Wendy Melton

My name is Wendy, and I've lived in Indiana for most of my life. Indianapolis is our state capital, and many people consider it the heart of the Midwest. People come from all around to explore everything Indianapolis has to offer.

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Your Guide to Picking the Perfect Indianapolis Neighborhood for Student Renters

Written by: Wendy Melton

Indianapolis is well-known for being one of the top college cities in the country. Local colleges and universities are ranked in the Top 10 when it comes to sports and academic excellence.

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A Local Expert’s Guide To 10 Budget-Friendly Neighborhoods to Rent in Indianapolis

Written by: Wendy Melton

Indianapolis is not only the state capital of Indiana, it’s also a shining example of what Midwestern living is all about. I’m Wendy, your ApartmentHomeLiving.

Articles, How-To's, and Tips

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First Apartment Regrets: Real Renters Share What They'd Do Differently

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Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

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Renters Insurance 101: What It Is, What It Covers, and Why You Need It

Written by: Robin Stewart

Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

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Apartment Occupancy Rates: Renter Attraction vs Renter Retention

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There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

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How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Written by: Robin Stewart

Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.