
Luxury Apartments for Rent in the Downtown Indianapolis Neighborhood of Indianapolis, IN (83 Rentals)
The most luxurious Apartments in the Downtown Indianapolis area of Indianapolis with high-end amenities, features, and finishes.


Van Rooy Downtown Leasing

Pinnex

Lockerbie Lofts

220 Meridian

CityWay

Cosmopolitan on the Canal

The Grounds

Artistry Indy

Total Monthly Price
9 On Canal
Indy's Innovation Hub: Top Indianapolis Employers and the Neighborhoods that Welcome You Home
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Vanguard at 16 Tech

360 Market Square

Ralston Apartments

Pulliam Square

Riley Towers

Axis

Edge 35

333 Penn Apartments

517 N Park Ave

916 N California St
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.

1061 W 18th St

673 E 16th St

421 N Pennsylvania St, Unit SI ID1313948P

421 E Market St, Unit SI ID1384021P

747 N College Ave, Unit SI ID1378237P

373 E Morris St, Unit SI ID1303761P

530 Massachusetts Ave, Unit SI ID1073994P

50 N Illinois St, Unit SI ID1014540P

421 N Pennsylvania St, Unit SI ID1312592P

421 N Pennsylvania St, Unit SI ID1312606P
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.

421 E Market St, Unit SI ID1384025P

450 E Market St, Unit SI ID1384022P

235 S Delaware St, Unit SI ID1364142P

615 N East St, Unit SI FL2-ID1364146P

235 S Delaware St, Unit SI ID1364131P

423 E Michigan St, Unit SI ID1026463P

421 N Pennsylvania St, Unit SI ID1313969P

518 Prospect St, Unit SI ID1357365P

518 Prospect St, Unit SI ID1353834P

421 N Pennsylvania St, Unit SI ID1313955P
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.

423 E Michigan St, Unit SI ID1032104P

421 N Pennsylvania St, Unit SI ID1312585P

844 Camp St, Unit SI ID1303755P

844 Camp St, Unit SI ID1303760P

1125 E 10th St, Unit SI ID1303781P

230 E 9th St, Unit SI ID1303779P

1202 N New Jersey St, Unit SI ID1303780P

525 E North St, Unit SI ID1303767P

1123 Olive St, Unit SI ID1303765P

530 Massachusetts Ave, Unit SI ID1074003P
Navigating the Rental Market: Tips for First-Time Renters
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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 | $1,240 | $200 | $3,513 |
| Downtown Indianapolis 1 Bedroom Apartments | $1,551 | $544 | $4,071 |
| Downtown Indianapolis 2 Bedroom Apartments | $2,034 | $650 | $5,158 |
| Downtown Indianapolis 3 Bedroom Apartments | $2,498 | $799 | $7,290 |
| Downtown Indianapolis 4 Bedroom Apartments | $1,215 | $600 | $5,816 |
Browse Apartments in this Neighborhood
There are currently 83 rentals with your search options within a 2 mile radius of the Downtown Indianapolis Neighborhood of Indianapolis, IN.
See all Apartments in IndianapolisExplore Indianapolis
Downtown Indianapolis, Indianapolis, IN Local Guide
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Read ArticleDon'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.
Read ArticleThe Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
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Read ArticleCash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
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Read ArticleYour 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 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 and neighborhoods across the USA, including Indianapolis. LifeStyle Ratings are a useful tool for comparing and sorting apartments and neighborhoods when choosing your rental home. This takes in many factors including searching for the best amenities, and outdoor amenities like tennis courts, transit availability, pet-friendly communities, places to raise kids, in addition to floorplans, availablity, and pricing. Find Lifestyle Search in the filter options (above). Happy Searching!
Luxury Living Rating
This area has risen to be one of the best high-end neighborhoods in town, with a score of 4.0 out of 4. Luxury Lifestyle Scoring is based on having high-end community amenities like shared social spaces, lounges, pools, maid services, views, access to parks, and amenities like granite countertops, range hoods, and high-end appliances. Luxury submarkets also often offer hardwood floors and fireplaces, access to sports facilities like golf, raquetball, and tennis, and a full-time security staff or doorman.
Frequently Asked Questions about Downtown Indianapolis
How much are Studio apartments in Downtown Indianapolis?
There are currently 163 Studio Apartments in Downtown Indianapolis with rent ranges from $200 to $3,513 with an average price of $1,240.
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 $544 to $4,071 with an average monthly rent of $1,551.
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 $5,158. Today's average rental price for Two Bedrooms here is $2,034.
How expensive are Downtown Indianapolis Three Bedroom Apartments?
There are currently 52 Three Bedroom Apartments listings available in Downtown Indianapolis on ApartmentHomeLiving.com. The pricing ranges from $799 to $7,290 - averaging $2,498 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

What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.

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.