2 Bedroom Apartments for Rent in the Downtown Indianapolis Neighborhood of Indianapolis, IN (249 Rentals)

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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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9 On Canal
Rent Specials
$1,550 - $2,068

Total Monthly Price

Base Rent$1,163 - $3,568
Total Monthly Price$1,163 - $3,568
2 Bedroom Apartments Available Now

9 On Canal

335 W 9th StIndianapolis, IN 46202
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Exploring Rental Options: Apartments, Townhomes, and Lofts—Oh My!

Looking for the perfect rental? From apartments and condos to lofts and single family rentals, explore the unique pros and cons of each rental type to help you land in your perfect new place.

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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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Ralston Apartments
Rent Specials
$1,509 - $2,038

Total Monthly Price

Base Rent$1,159 - $2,895
Total Monthly Price$1,159 - $2,895
2 Bedroom Apartments Available Now

Ralston Apartments

1201 Indiana AveIndianapolis, IN 46202
Corporate Housing
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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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Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags

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.

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Downtown Indianapolis, Indianapolis, IN Local Guide

Largest Available Downtown Indianapolis 2 Bedroom Apartments

The largest available 2 Bedroom apartment unit in the Downtown Indianapolis area of Indianapolis, IN is found at Axis and is listed at 1,829 square feet priced from $3,364. Here is today’s list of the largest available 2 Bedroom units in the area:

Apartment ListingModel NameSquare FootagePriced From
AxisB2-1L1,829 Sq Ft$3,364
Pulliam SquareStar Townhome1,754 Sq Ft$2,664
Circle CityB17 Dartmouth1,650 Sq Ft$1,815
The Assumption on Blaine2 Bed 2 1/2 Bath1,610 Sq Ft$1,550
220 MeridianB2c1,572 Sq Ft$3,377
Cole MotorWelles + Den1,403 Sq Ft$2,499
AssemblyMKT-Socket1,400 Sq Ft$1,999
Cosmopolitan on the CanalMadrid1,318 Sq Ft$2,561
Gardens of Canal CourtTwo Bedroom Two Bath (1,311 Square Feet)1,311 Sq Ft$1,748
The Block2 Bedroom 2 Bath986 Sq Ft$1,899

Cheapest Available Downtown Indianapolis 2 Bedroom Apartments

Currently the lowest priced 2 Bedroom apartment unit Downtown Indianapolis of Indianapolis, IN is the 2-1 Model starting from $846 at The Davlan. The average price for all 2 Bedroom apartments in Downtown Indianapolis is currently $2,043. Here is today’s list of the cheapest available 2 Bedroom options in the area:

Apartment ListingModel NamePriced From
The Davlan2-1$846
Residences at LawnviewTwo Bedroom One Bath Mid-Rise$979
Maple Creek Village2 Bedroom, 1 Bath$1,000
The Washington2 Bedroom$1,025
Proctor Place2 Bedroom$1,033
College Manor2 BR$1,050
Temple LoftsFlats - 2.1$1,095
Drake Street Garden HomesTwo Bedroom$1,125
Utomin Apartments2 Bedroom$1,150
River West FlatsTwo Bedroom One Bath - The Yukon$1,193

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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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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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
Downtown Indianapolis, Indianapolis, IN

Ranked #1

Among cities in Indiana for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Best Local Schools in
Downtown Indianapolis, Indianapolis, IN

School data provided by Great Schools

Lifestyle Ratings

ApartmentHomeLiving brings you Lifestyle Ratings of rentals and neighborhoods across the USA, including Downtown Indianapolis, Indianapolis, and the greater Indianapolis area. LifeStyle Ratings are the best way to sort through finding a place to live - beyond price and floorplan. This takes in many factors including filtering automatically for the best outdoor access, luxury housing options, kid and pet-friendly communities, availability of transit options, and how walkable or bikeable each community and area is. Find Lifestyle Search in the filter options (above). Happy Searching!

Frequently Asked Questions about 2 Bedroom Downtown Indianapolis Apartments

What is the Cheapest apartment in Downtown Indianapolis with 2 Bedroom?

Currently the most affordable 2 Bedroom in Downtown Indianapolis is at The Davlan listed at $846.

How much is the average rent for a 2 Bedroom Downtown Indianapolis Apartment?

The average rent for a 2 Bedroom Apartment in Downtown Indianapolis is $2,043.

What is the largest available 2 Bedroom Downtown Indianapolis Apartment for rent?

Today's apartment with the most square footage in Downtown Indianapolis is a 1,829 square feet unit starting from $3,364 at Axis.

What is the average size for Downtown Indianapolis 2 Bedroom Apartments for rent?

The average size for a 2 Bedroom rental in Downtown Indianapolis is currently 1,463 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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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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Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!

Written by: Robin Stewart

Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

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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.

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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.

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

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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.