Apartments for Rent in Indianapolis, IN (2,280 Rentals)

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Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

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Know Your Rights - How Discrimination Laws Impact Landlords and Tenants

Read our practical guide to landlord and tenant rights. Understand protected classes, reasonable accommodations, and legal exceptions to prevent housing discrimination.

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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 a Move-In Inspection Can Protect Your Security Deposit

Learn How a Move-In Inspection Can Protect Your Security Deposit from the Renter University at AparmentHomeLiving.com.

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Indianapolis, IN Local Guide

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Written By:
Justin Habersaat
Editing Staff

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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.

The capitol of Indiana and the largest city in the state, Indianapolis boasts a diverse economy that includes healthcare, tourism, education and finance, making it a very desirable locale for residents fortunate enough to call Indianapolis apartments their home.

Whether you're moving to Indy from across the country or are simply looking for a place with cheaper rent, the options for apartments for rent in Indianapolis available at ApartmentHomeLiving.com are all you need to complete your apartment search. As your apartment search experts, we want to help you connect with the perfect new place by featuring the best available apartments in Indianapolis and the surrounding area with all of the high-resolution photo tours, floor plans, updated pricing, and detailed information that you need to make an informed decision on your next move.

Whether you're looking for a luxury apartment in Downtown Indianapolis, a spacious 2 or 3 bedroom apartment among the parks of Butler-Tarkington, are aching to live in a unique studio apartment the culture hub of Broad Ripple Village, or simply want to compare apartments in all corners of the city, ApartmentHomeLiving.com gives you the tools you need to narrow your options by location, price, amenities and much more.

Finding your apartment here is only the first step of getting the most out of the lifestyle here. There is no limit to the excitement that awaits residents here. Sports fanatics can get their motors running with the Indianapolis 500, check out a Colts game, or cheer on the Pacers, while nature lovers have easy access to great parks around Indy like Broad Ripple Park or Eagle Creek Park and Marina. Folks who are looking for a bit of enrichment can venture out to the famous Union Station, which made its very first home in Indianapolis in the 1840's. Also not short on nightlife and dining locales, the list of great sights-to-see and things-to-do for Indy residents truly goes on and on, so be sure to get out and explore once you've settled into your new apartment.

Start your engines on you apartment search today! Find your new home among the many available listings of Indianapolis apartments for rent at ApartmentHomeLiving.com today!

Pet Friendly Lifestyle
Indianapolis, IN

Ranked #1

Among cities in Indiana for Apartment listings with Pet Friendly Amenities

Pet Friendliness Lifestyle Score

3.5
Pet Friendly

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

Explore Indianapolis, IN Rentals by Map

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See the most popular apartments and homes in Indianapolis, IN

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Getting Around Indianapolis, IN

Walk Score®

50 / 100

Somewhat Walkable

Some errands can be accomplished on foot

Bike Score®

53 / 100

Bikeable

Some bike infrastructure

Transit Score®

29 / 100

Some Transit

A few nearby public transportation options

What Are Walk Score®, Transit Score®, and Bike Score® Ratings?

  • Walk Score® measures the walkability of any address.
  • Transit Score® measures access to public transit.
  • Bike Score® measures the bikeability of any address.

Frequently Asked Questions about Indianapolis

How much are Studio apartments in Indianapolis?

There are currently 256 Studio Apartments in Indianapolis with rent ranges from $585 to $5,493 with an average price of $1,250.

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 $335 to $4,500 with an average monthly rent of $1,422.

What does renting a Two Bedroom Apartment in Indianapolis cost?

The monthly rent prices of Two Bedroom Apartments currently available in Indianapolis range from $700 to $9,703. Today's average rental price for Two Bedrooms here is $1,692.

How expensive are Indianapolis Three Bedroom Apartments?

There are currently 431 Three Bedroom Apartments listings available in Indianapolis on ApartmentHomeLiving.com. The pricing ranges from $1,000 to $8,833 - averaging $1,983 for the location.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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.

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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.

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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

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The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.

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Navigating the Rental Market: Tips for First-Time Renters

Written by: Sandy Baker

Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.