
Student Apartments for Rent in the Downtown Indianapolis Neighborhood of Indianapolis, IN (12 Rentals)
Rentals in the Downtown Indianapolis area of Indianapolis near campus with by-the-room pricing and amenities for students.


Canal Square

The Avenue

Riley Towers

Edge 35

522 Fletcher Ave
Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Create a productive work-from-home apartment setup, even in a small space or studio. Discover layout ideas, desk solutions, and organization tips that actually work.

INDY FLATS

928-934 Martin Luther King Jr St

IUPUI- North Hall

Central State Mansion

Indiana Flats and Townhomes

Pointe on Mass
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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 | $1,297 | $595 | $4,070 |
| Downtown Indianapolis 1 Bedroom Apartments | $1,567 | $497 | $4,071 |
| Downtown Indianapolis 2 Bedroom Apartments | $2,016 | $515 | $6,207 |
| Downtown Indianapolis 3 Bedroom Apartments | $2,167 | $799 | $6,477 |
| Downtown Indianapolis 4 Bedroom Apartments | $1,442 | $600 | $5,672 |
Browse Apartments in this Neighborhood
There are currently 12 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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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.
Outdoors Rating
Do you like parks, paths, and trails? Downtown Indianapolis is a highly-rated submarket for its parks and green spaces, with a score of 4.0 out of 4.
Pet Friendly Rating
There's good news if you raise pets. This area ranks highly for raising pets (dogs and cats), with a score of 4.0 out of 4.
Frequently Asked Questions about Student Downtown Indianapolis Apartments
What is the Cheapest Student apartment in Downtown Indianapolis?
Currently the most affordable Student Apartment in Downtown Indianapolis is at Vivio on Tenth listed at $600.
How much is the average rent for a Student Downtown Indianapolis Apartment?
The average rent for a Student Apartment in Downtown Indianapolis is $1,496.
What is the largest Student Downtown Indianapolis Apartment for rent?
Today's Student apartment with the most square footage in Downtown Indianapolis is a 2,000 square feet unit starting from $1,087 at Riley Towers.
What is the average size for Downtown Indianapolis Student Apartments for rent?
The average size for a Student rental in Downtown Indianapolis is currently at 424 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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Articles, How-To's, and Tips

Neighborhood and Market Insights: How to Choose the Right Area to Rent
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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.

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I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

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This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

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This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.