1 Bedroom Apartments for Rent in the Downtown Indianapolis Neighborhood of Indianapolis, IN (243 Rentals)

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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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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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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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Downtown Indianapolis - One of the Best Affordable Neighborhoods in Indianapolis

Named as one of the Best Affordable Neighborhoods to rent in Indianapolis by our Local Expert Wendy Melton. See how it ranks!

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Downtown Indianapolis, Indianapolis, IN Local Guide

Largest Available Downtown Indianapolis 1 Bedroom Apartments

The largest available 1 Bedroom apartment unit in the Downtown Indianapolis area of Indianapolis, IN is found at CityWay and is listed at 1,376 square feet priced from $1,956. Here is today’s list of the largest available 2 Bedroom units in the area:

Apartment ListingModel NameSquare FootagePriced From
CityWayDelaware1,376 Sq Ft$1,956
Ardmore ApartmentsA8- One Bedroom Loft1,232 Sq Ft$2,390
SpinkSpink 1B 10121,012 Sq Ft$1,200
Circle City ApartmentsSpink 1B 10121,012 Sq Ft$1,200
Vanguard at 16 TechA6982 Sq Ft$1,890
Indy Colonial Apartments311980 Sq Ft$1,025
Pulliam SquareGlobe972 Sq Ft$1,714
Van DykeVan Dyke 1BTH 967967 Sq Ft$1,255
333 Penn ApartmentsMass Ave.958 Sq Ft$1,619
The Block1 Bedroom 1 Bath657 Sq Ft$1,399

Cheapest Available Downtown Indianapolis 1 Bedroom Apartments

Currently the lowest priced 1 Bedroom apartment unit Downtown Indianapolis of Indianapolis, IN is the One bedroom Model starting from $795 at Madison Apartments. The average price for all 1 Bedroom apartments in Downtown Indianapolis is currently $1,493. Here is today’s list of the cheapest available 1 Bedroom options in the area:

Apartment ListingModel NamePriced From
Madison ApartmentsOne bedroom$795
El Dorado Apartments1 Bed 1 Bath$875
INDY FLATSWindsor 1B$880
The WhitakerOne Bedroom$895
The Assumption on Blaine1 Bed 1 Bath$900
Traymore ApartmentsOne Bedroom$925
Trail SideA$938
Christian Place Apartments7$950
1010 CentralLoft 50%$956
St. JamesOne Bedroom$980

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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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.

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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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Lifestyle Ratings

ApartmentHomeLiving brings you our detailed rental analysis called 'Lifestyle Ratings' - a comparison of rentals in cities and towns across the United States including Downtown Indianapolis, Indianapolis, and the greater Indianapolis area. Our Lifestyle Ratings help you zero-in on the perfect place to call home. This takes in many factors including searching for the best amenities, and outdoor amenities like tennis courts, transit availability, pet-friendly communities, places that make kids happy, in addition to floorplans, availablity, and pricing. Use Lifestyle Search in the site filter options on this page - and find your Perfect place!

Frequently Asked Questions about 1 Bedroom Downtown Indianapolis Apartments

What is the Cheapest apartment in Downtown Indianapolis with 1 Bedroom?

Currently the most affordable 1 Bedroom in Downtown Indianapolis is at Madison Apartments listed at $795.

How much is the average rent for a 1 Bedroom Downtown Indianapolis Apartment?

The average rent for a 1 Bedroom Apartment in Downtown Indianapolis is $1,493.

What is the largest available 1 Bedroom Downtown Indianapolis Apartment for rent?

Today's apartment with the most square footage in Downtown Indianapolis is a 1,376 square feet unit starting from $1,956 at CityWay.

What is the average size for Downtown Indianapolis 1 Bedroom Apartments for rent?

The average size for a 1 Bedroom rental in Downtown Indianapolis is currently 719 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.

Helpful Local Expert Guides

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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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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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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.

Articles, How-To's, and Tips

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A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

Written by: Bob Mallory

Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

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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!