Top Rated New Apartments for Rent in Indianapolis, IN (113 Rentals)

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Apartments in Indianapolis with the best features, newest construction, and richest amenities.

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

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946 MLK
Rent Specials
$1,350 - $1,820Built in 20171 to 3 Bedroom Apartments Available Now

946 MLK

946 Dr Martin Luther King Jr StIndianapolis, IN 46202
Property Rating
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  • Customer Reviewed
  • Utilities Included

Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

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632MLK
Rent Specials
$1,176 - $2,700Built in 2016Studio to 3 Bedroom Apartments Available Now

632MLK

632 Dr Martin Luther King Jr StIndianapolis, IN 46202
Property Rating
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  • Customer Reviewed
  • 3D Tour
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Park10
Built in 2017Studio Apartments

Park10

603 E 11th StIndianapolis, IN 46202
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Nouveau in Old Northside
Built in 20242 to 4 Bedroom Apartments

Nouveau in Old Northside

1214 N ALABAMA STIndianapolis, IN 46202
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117 Concordia St
Built in 2024Studio Apartments

117 Concordia St

117 Concordia StIndianapolis, IN 46202
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Varsity Lofts
Built in 2023Studio Apartments

Varsity Lofts

1515 N Pennsylvania StIndianapolis, IN 46202
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336 S Delaware St
Built in 20195 Bedroom Apartments

336 S Delaware St

336 S Delaware StIndianapolis, IN 46204
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The Whit
Built in 20191 Bedroom Apartments

The Whit

401 N Delaware StIndianapolis, IN 46204
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The Omar
Built in 20181 Bedroom Apartments

The Omar

1555 Bellefontaine StIndianapolis, IN 46202
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IUPUI- North Hall
Built in 2016Studio Apartments

IUPUI- North Hall

726 Blake StIndianapolis, IN 46202
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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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Fairview House
Built in 20163 to 4 Bedroom Apartments

Fairview House

Sunset AveIndianapolis, IN 46208
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Garfield Parkside Townhomes
Built in 20233 Bedroom Apartments

Garfield Parkside Townhomes

401 E Southern AveIndianapolis, IN 46225
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The Reserve at White River
Built in 20221 to 2 Bedroom Apartments

The Reserve at White River

2774 Pixel RdIndianapolis, IN 46222
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  • Utilities Included
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City's End
Built in 2021Studio to 2 Bedroom Apartments

City's End

1441 Prospect StIndianapolis, IN 46203
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520 E Washington St
Built in 2020Studio to 2 Bedroom Apartments

520 E Washington St

520 E Washington StIndianapolis, IN 46204
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University Lofts
Built in 20191 to 4 Bedroom Apartments

University Lofts

1340 National AveIndianapolis, IN 46227
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  • Utilities Included
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Sycamore Reserve Senior Living
Built in 2019Studio to 2 Bedroom Apartments

Sycamore Reserve Senior Living

8275 Craig StIndianapolis, IN 46250
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The Whit Apartments
Built in 2019Studio to 3 Bedroom Apartments

The Whit Apartments

307 N Pennsylvania StIndianapolis, IN 46204
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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.

Indianapolis, IN Local Guide

Don't Settle: How to Negotiate Your Apartment Lease and Save Money

Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.

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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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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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Quick Rent Budget Calculator

How much rent can you afford?

The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.

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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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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

Indianapolis, IN Area Reviews

  • Parks
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  • Location
  • Traffic
  • Public Transportation
  • Outdoor Access
  • Cost of Living
  • Safety

Wendy3+ years in Indianapolis

August 10, 2025

One of Indiana's most beautiful cities!

Frequently Asked Questions about New Indianapolis Apartments

What is the Cheapest New apartment in Indianapolis?

Currently the most affordable New Apartment in Indianapolis is at Line Lofts listed at $563.

How much is the average rent for a New Indianapolis Apartment?

The average rent for a New Apartment in Indianapolis is $1,880.

What is the largest New Indianapolis Apartment for rent?

Today's New apartment with the most square footage in Indianapolis is a 2,300 square feet unit starting from $1,208 at Quarry at River North.

What is the average size for Indianapolis New Apartments for rent?

The average size for a New rental in Indianapolis is currently at 655 sq ft.

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.

Articles, How-To's, and Tips

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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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Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

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Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate!