
1 Bedroom Apartments for Rent in the Downtown Indianapolis Neighborhood of Indianapolis, IN (256 Rentals)


The Block

Total Monthly Price
Bon Air Residence

Gathyr

Rise on Meridian

Vivio on Tenth

Cole Motor

The Grounds

Wesmont

Assembly
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.

Ardmore Apartments

The E'Laan

Pinnex

Lockerbie Lofts

220 Meridian

Hinge Apartments

Stadium Lofts & Flats

CityWay

Slate Apartments

Total Monthly Price
9 On Canal
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Looking for the perfect new rental? Learn great ways to spot the perfect apartment for you, identify common red flags, and avoid rental issues and scams with these expert provided actionable tips.

Mozzo apartments

Cosmopolitan on the Canal

Canal Square

Riverview

Stella

Wesley Place

Artistry Indy

Vanguard at 16 Tech

River West Flats

The Row
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.

Leo

Nine+Eighteen

360 Market Square

The Avenue

Residences at Lawnview

Penn Street Tower Apartments

Pulliam Square

Axis

Riley Towers

The Marleigh
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!

Total Monthly Price
Ralston Apartments

Maple Creek Village

The Assumption on Blaine

Union Square

Edge 35

522 Fletcher Ave

Circa Apartments

Lofts on Madison

Union at 16th

Forte Apartments
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Downtown Indianapolis, Indianapolis, IN Local Guide

How much does it cost to rent an apartment in Downtown Indianapolis?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Downtown Indianapolis Studio Apartments | $1,359 | $556 | $3,761 |
Downtown Indianapolis 1 Bedroom Apartments | $1,564 | $544 | $3,711 |
| Downtown Indianapolis 2 Bedroom Apartments | $2,037 | $650 | $10,000+ |
| Downtown Indianapolis 3 Bedroom Apartments | $2,409 | $799 | $8,628 |
| Downtown Indianapolis 4 Bedroom Apartments | $2,898 | $600 | $8,291 |
Browse Apartments in this Neighborhood
There are currently 256 rentals with your search options within a 2 mile radius of the Downtown Indianapolis Neighborhood of Indianapolis, IN.
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Downtown Indianapolis, Indianapolis, IN Local Guide
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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 Ralston Apartments and is listed at 1,499 square feet priced from $1,416. Here is today’s list of the largest available 2 Bedroom units in the area:
| Apartment Listing | Model Name | Square Footage | Priced From |
|---|---|---|---|
| Ralston Apartments | Poppy | 1,499 Sq Ft | $1,416 |
| Ardmore Apartments | A8- One Bedroom Loft | 1,232 Sq Ft | $2,590 |
| Canal Square | A7 Senate Upgrade | 1,125 Sq Ft | $1,864 |
| Gardens of Canal Court | One Bedroom One Bath (1,093 Square Feet) | 1,093 Sq Ft | $1,442 |
| Cole Motor | Ornaby + Den | 1,080 Sq Ft | $1,750 |
| Cosmopolitan on the Canal | Melbourne | 983 Sq Ft | $2,233 |
| Vanguard at 16 Tech | A6 | 982 Sq Ft | $1,890 |
| Leo | 1B1B-M - The Murray | 975 Sq Ft | $1,710 |
| Union Square | 1B1BD-A - The Archer | 924 Sq Ft | $1,755 |
| The Block | 1 Bedroom 1 Bath | 657 Sq Ft | $1,524 |
Cheapest Available Downtown Indianapolis 1 Bedroom Apartments
Currently the lowest priced 1 Bedroom apartment unit Downtown Indianapolis of Indianapolis, IN is the 1BR/1.0BA Model starting from $750 at 1515-1517 E Michigan Street. The average price for all 1 Bedroom apartments in Downtown Indianapolis is currently $1,564. Here is today’s list of the cheapest available 1 Bedroom options in the area:
| Apartment Listing | Model Name | Priced From |
|---|---|---|
| 1515-1517 E Michigan Street | 1BR/1.0BA | $750 |
| 1733 N. Meridian | 1BR | $780 |
| St. Regis | The Pierre | $793 |
| Maple Creek Village | 1 Bed, 1 Bath | $800 |
| INDY FLATS | Sherwood 1B B | $860 |
| College Manor | 1 BR | $995 |
| 522 Fletcher Ave | *ONE FREE MONTH OF RENT* 522 Fletcher Ave - 1 ... | $999 |
| Senate Manor | 1.1 Np | $1,049 |
| Spink | Spink 1B 565 | $1,058 |
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
Read ArticleReal 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.
Read ArticleQuick 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.
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 1515-1517 E Michigan Street listed at $750.
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 $1,564.
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 1,499 square feet unit starting from $1,416 at Ralston Apartments.
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 796 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

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.

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.

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.

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

Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags
Written by: Robin Stewart
Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

First Apartment Regrets: Real Renters Share What They'd Do Differently
Written by: Robin Stewart
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.

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.

Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
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.