
Studio Apartments for Rent in the Downtown Indianapolis Neighborhood of Indianapolis, IN (170 Rentals)


Gathyr

Rise on Meridian

Vivio on Tenth

The Grounds

Wesmont

Ardmore Apartments

Pinnex

Lockerbie Lofts

220 Meridian
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Stadium Lofts & Flats

CityWay

Total Monthly Price
9 On Canal

Cosmopolitan on the Canal

Canal Square

Riverview

Stella

Pembroke Place

Wesley Place

Artistry Indy
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Vanguard at 16 Tech

River West Flats

Leo

360 Market Square

Pulliam Square

Axis

Riley Towers

The Marleigh

Maple Creek Village

Union Square
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Edge 35

Priscilla on Pennsylvania

Circa Apartments

Lofts on Madison

Forte Apartments

INDY FLATS

Circle City

Maxwell Apartments

Canal Overlook Apartments

The Sheldrake Apartments
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!

The Washington

The Delaware Apartments

Dunbar Court

632MLK

Total Monthly Price
421 N Pennsylvania St, Unit SI ID1313969P

Total Monthly Price
330 E Vermont St, Unit SI ID1312604P

Total Monthly Price
421 N Pennsylvania St, Unit SI ID1312606P

Total Monthly Price
330 E Vermont St, Unit SI ID1313967P

1702 W Michigan St, Unit 10

1028 Shelby St
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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 | $1,359 | $556 | $3,761 |
| Downtown Indianapolis 1 Bedroom Apartments | $1,564 | $544 | $3,711 |
| Downtown Indianapolis 2 Bedroom Apartments | $2,037 | $650 | $10,000+ |
| Downtown Indianapolis 3 Bedroom Apartments | $2,409 | $799 | $8,628 |
| Downtown Indianapolis 4 Bedroom Apartments | $2,898 | $600 | $8,291 |
Browse Apartments in this Neighborhood
There are currently 170 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 Studio Apartments
The largest available Studio apartment unit in the Downtown Indianapolis area of Indianapolis, IN is found at The Vue and is listed at 931 square feet priced from $1,052. Here is today’s list of the largest available 2 Bedroom units in the area:
| Apartment Listing | Model Name | Square Footage | Priced From |
|---|---|---|---|
| The Vue | STUDIO APARTMENT | 931 Sq Ft | $1,052 |
| Stella | S-Vega-80 | 804 Sq Ft | $1,399 |
| 747 Apartments | S1 | 781 Sq Ft | $1,617 |
| Cosmopolitan on the Canal | Chicago | 742 Sq Ft | $1,691 |
| Rise on Meridian | SG-Abbi | 708 Sq Ft | $1,489 |
| Canal Overlook Apartments | Studio | 694 Sq Ft | $1,560 |
| City's End | Charlotte 1.1 | 677 Sq Ft | $1,300 |
| Lockerbie Lofts | S2 - The Crane | 667 Sq Ft | $1,614 |
| Riverview | Blue | 633 Sq Ft | $1,220 |
| CityWay | Speedway | 631 Sq Ft | $1,498 |
Cheapest Available Downtown Indianapolis Studio Apartments
Currently the lowest priced Studio apartment unit Downtown Indianapolis of Indianapolis, IN is the Studio Model starting from $675 at Dunbar Court. The average price for all Studio apartments in Downtown Indianapolis is currently $1,359. Here is today’s list of the cheapest available Studio options in the area:
| Apartment Listing | Model Name | Priced From |
|---|---|---|
| Dunbar Court | Studio | $675 |
| INDY FLATS | Sherwood Std D | $675 |
| Maple Creek Village | Studio | $700 |
| The Sheldrake Apartments | Studio Hybrid | $705 |
| Priscilla on Pennsylvania | Studio- 1st Floor Corner | $799 |
| Senate Manor | S.1 B | $930 |
| Vivio on Tenth | 0x1-S2-501 | $999 |
| Artistry Indy | Edie (EcoSuite) | $1,034 |
| Lofts on Madison | Studio, 1 bath | $1,050 |
| The Vue | STUDIO APARTMENT | $1,052 |
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. 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 convenient access to the outdoors, luxury housing options, apartment complexes for the kids, raising pets, 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 Studio Downtown Indianapolis Apartments
What is the Cheapest apartment in Downtown Indianapolis with Studio?
Currently the most affordable Studio in Downtown Indianapolis is at Dunbar Court listed at $675.
How much is the average rent for a Studio Downtown Indianapolis Apartment?
The average rent for a Studio Apartment in Downtown Indianapolis is $1,359.
What is the largest available Studio Downtown Indianapolis Apartment for rent?
Today's apartment with the most square footage in Downtown Indianapolis is a 931 square feet unit starting from $1,052 at The Vue.
What is the average size for Downtown Indianapolis Studio Apartments for rent?
The average size for a Studio rental in Downtown Indianapolis is currently 515 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

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.

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.

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.

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

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.

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.

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.