
4 Bedroom Apartments for Rent in the Downtown Indianapolis Neighborhood of Indianapolis, IN (19 Rentals)


Total Monthly Price
Ralston Apartments

The Avenue

El Dorado

Maple Creek Village

16 Park Apartments
Renting with Roommates: Realistic Expectations for Shared Lease
Sharing a lease? Learn how to set clear expectations with your roommates on routines, bills, and cleaning to ensure a successful and peaceful shared living arrangement.

632MLK

Total Monthly Price
848 Camp St, Unit SI ID1303770P

Total Monthly Price
1202 N New Jersey St, Unit SI ID1303780P

Total Monthly Price
742 N Sheffield Ave, Unit SI ID1228636P

233 N East St

1406 Deloss St
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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.

210 N Richland St

1051 N Mount Street

1135 Spann Ave

1027 Hosbrook St

818-820 S Union St

Colere
Renting Smart: Lease Basics Every Renter Needs
Demystify Your Rental Lease. Learn the basics about renting, deposits, and tenant/landlord responsibilities. Rent smart and avoid surprises. | Renter University at ApartmentHomeLiving.com

Nouveau in Old Northside
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 | $1,351 | $595 | $8,999 |
| Downtown Indianapolis 1 Bedroom Apartments | $1,580 | $518 | $4,124 |
| Downtown Indianapolis 2 Bedroom Apartments | $2,041 | $650 | $7,506 |
| Downtown Indianapolis 3 Bedroom Apartments | $2,277 | $799 | $6,595 |
Downtown Indianapolis 4 Bedroom Apartments | $1,178 | $600 | $3,824 |
Browse Apartments in this Neighborhood
There are currently 19 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 4 Bedroom Apartments
The largest available 4 Bedroom apartment unit in the Downtown Indianapolis area of Indianapolis, IN is found at 818-820 S Union St and is listed at 2,624 square feet priced from $3,900. Here is today’s list of the largest available 2 Bedroom units in the area:
| Apartment Listing | Model Name | Square Footage | Priced From |
|---|---|---|---|
| 818-820 S Union St | 4 Beds, 4 Baths | 2,624 Sq Ft | $3,900 |
| El Dorado | Four Bedroom 1.5 Bath Townhome | 1,470 Sq Ft | $1,299 |
| The Avenue | 4x4 | 1,387 Sq Ft | $979 |
| Vivio on Tenth | Per Bedroom - 4x2 D2 1158sf | 1,158 Sq Ft | $600 |
Cheapest Available Downtown Indianapolis 4 Bedroom Apartments
| Apartment Listing | Model Name | Priced From |
|---|---|---|
| El Dorado | Four Bedroom 1.5 Bath Townhome | $1,299 |
| 818-820 S Union St | 4 Beds, 4 Baths | $3,900 |
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.
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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.
Lifestyle Ratings
ApartmentHomeLiving brings you Lifestyle Ratings of rentals and neighborhoods across the USA, including Indianapolis. Our Lifestyle Ratings help you zero-in on the perfect place to call home. This takes in many factors including filtering automatically for outdoor amenities like tennis courts, luxury housing options, transit availability, pet-friendly communities, family-friendliness, and much more. These search options are in the site filters at the top of this page.
Family-Friendly Rating
Do you have children? Downtown Indianapolis has emerged as a leading area for families, with a score of 4.0 out of 4. Family Friendly submarkets have features that support parents and kids in having fun and being healthy together. This includes features like parks, playgrounds, extra living spaces, features for pets, recreation and A/V rooms, trails, and great education.
Frequently Asked Questions about Downtown Indianapolis
How much are Studio apartments in Downtown Indianapolis?
There are currently 164 Studio Apartments in Downtown Indianapolis with rent ranges from $595 to $8,999 with an average price of $1,351.
What is the current price range for One Bedroom Downtown Indianapolis Apartments for rent?
Today's rental pricing for One Bedroom Apartments in Downtown Indianapolis ranges from $518 to $4,124 with an average monthly rent of $1,580.
What does renting a Two Bedroom Apartment in Downtown Indianapolis cost?
The monthly rent prices of Two Bedroom Apartments currently available in Downtown Indianapolis range from $650 to $7,506. Today's average rental price for Two Bedrooms here is $2,041.
How expensive are Downtown Indianapolis Three Bedroom Apartments?
There are currently 59 Three Bedroom Apartments listings available in Downtown Indianapolis on ApartmentHomeLiving.com. The pricing ranges from $799 to $6,595 - averaging $2,277 for the location.
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

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.

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.

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.

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.
Articles, How-To's, and Tips

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

Creative Ways Developers Reimagine Retail Spaces as Residential Units
Written by: Robin Stewart
Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

Neighborhood and Market Insights: How to Choose the Right Area to Rent
Written by: Robin Stewart
Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.