
Cheap Apartments for Rent in the Downtown Indianapolis Neighborhood of Indianapolis, IN from $500 (187 Rentals) Page 4 of 4
Search the lowest-cost Apartments available for rent right now in the Downtown Indianapolis area of Indianapolis.


Illinois Street Senior Apartments

450 Shelby St

Ohio Street TownHomes

The Steeples on Washington

Blacherne Apartments

The Congress at Library Square

The Retreat On Washington

The Vue

1661 N Talbott St

800 Capitol

The 101

City's End

Roberts School Flats

The Pennsylvania

545 N Goodlet Ave

2141 Bellefontaine St

450 N Massachusetts Ave

Pointe on Mass

925 N Somerset Ave

12 N Randolph St

243 E 11th St

1631 Columbia Ave

Wyndham on Delaware

Fletcher Place Terrace

Turnverein Apartments

Indiana Flats and Townhomes

1722 Ingram St

1603 Woodlawn Ave

Fletcher Place Lofts

1541 E Ohio St

1822 N Delaware St

707 North

Kennedy Apartments

The Whittier

1838 Gent Ave

434 E New York St
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 | $1,324 | $556 | $5,509 |
| Downtown Indianapolis 1 Bedroom Apartments | $1,615 | $544 | $4,307 |
| Downtown Indianapolis 2 Bedroom Apartments | $2,071 | $650 | $6,430 |
| Downtown Indianapolis 3 Bedroom Apartments | $2,204 | $799 | $7,091 |
| Downtown Indianapolis 4 Bedroom Apartments | $1,643 | $600 | $7,022 |
Browse Apartments in this Neighborhood
There are currently 187 rentals with your search options within a 2 mile radius of the Downtown Indianapolis Neighborhood of Indianapolis, IN.
See all Apartments in IndianapolisExplore Indianapolis
Frequently Asked Questions about Cheap Downtown Indianapolis Apartments
What is the Cheapest Studio apartment in Downtown Indianapolis?
Currently the most affordable Cheap Studio Apartment in Downtown Indianapolis is at Maple Creek Village listed at $700.
How much is rent for a Cheap One Bedroom Downtown Indianapolis Apartment?
The lowest price for a Cheap One Bedroom Downtown Indianapolis Apartment is $780 at 1733 N. Meridian.
What is the lowest price for a Cheap Two Bedroom Downtown Indianapolis Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Downtown Indianapolis is starting from $846 at The Davlan.
What is the most affordable Downtown Indianapolis Three Bedroom Apartment?
The best deal on a cheap Downtown Indianapolis Three Bedroom Apartment rental is at Proctor Place and starts from $1,131.
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

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.

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.