Studio Apartments for Rent in the Downtown Indianapolis Neighborhood of Indianapolis, IN (168 Rentals)

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Industry Indianapolis
$1,341 - $1,491
Total Monthly Price

Total Monthly Price

Base Rent
$1,226 - $3,720
Required Monthly Fees
$115

Total Monthly Price
$1,341 - $3,835
Studio Apartments Available Now

Industry Indianapolis

421 N Pennsylvania StIndianapolis, IN 46204
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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.

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Wesley Place
Rent Specials
$1,049 - $1,099
Total Monthly Price

Total Monthly Price

Base Rent
$929 - $2,019
Required Monthly Fees
$120

Total Monthly Price
$1,049 - $2,139
Studio Apartments Available Now

Wesley Place

75 W 18th StIndianapolis, IN 46202
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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.

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Lockerbie Flats
$1,095
Total Monthly Price

Total Monthly Price

Base Rent
$1,095

Total Monthly Price
$1,095
Studio Apartments Available Now

Lockerbie Flats

619 Vermont PlIndianapolis, IN 46202
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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.

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The Sheldrake Apartments
$595 - $700
Total Monthly Price

Total Monthly Price

Base Rent
$595 - $930

Total Monthly Price
$595 - $930
Studio Apartments Contact Us For Availability

The Sheldrake Apartments

2258 N Meridian StIndianapolis, IN 46208
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The Delaware Apartments
Rent Specials
$1,175 - $1,200
Total Monthly Price

Total Monthly Price

Base Rent
$1,140 - $1,315
Required Monthly Fees
$35

Total Monthly Price
$1,175 - $1,350
Studio Apartments Available Now

The Delaware Apartments

2205 N Delaware StIndianapolis, IN 46205
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632MLK
Rent Specials
$1,050
Total Monthly Price

Total Monthly Price

Base Rent
$955 - $2,455
Required Monthly Fees
$95

Total Monthly Price
$1,050 - $2,550
Studio Apartments Available Now

632MLK

632 Dr Martin Luther King Jr StIndianapolis, IN 46202
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Dunbar Court
$665
Total Monthly Price

Total Monthly Price

Base Rent
$665 - $925

Total Monthly Price
$665 - $925
Studio Apartments Contact Us For Availability

Dunbar Court

1022 Dr Martin Luther King StIndianapolis, IN 46202
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Park10
Studio Apartments

Park10

603 E 11th StIndianapolis, IN 46202

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!

Downtown Indianapolis, Indianapolis, IN Local Guide

Largest Available Downtown Indianapolis Studio Apartments

The largest available Studio apartment unit in the Downtown Indianapolis area of Indianapolis, IN is found at The Stella and is listed at 804 square feet priced from $1,399. Here is today’s list of the largest available 2 Bedroom units in the area:

Apartment ListingModel NameSquare FootagePriced From
The StellaVega804 Sq Ft$1,399
Rise on MeridianThe Abbi708 Sq Ft$1,534
Lockerbie FlatsStudio676 Sq Ft$1,095
Lofts on MadisonStudio675 Sq Ft$1,099
Lockerbie LoftsThe Crane667 Sq Ft$1,576
Forte ApartmentsC- Studio633 Sq Ft$1,340
Vanguard at 16 TechS2621 Sq Ft$1,391
The GroundsThe Chignon620 Sq Ft$1,329
Slate ApartmentsA- Studio596 Sq Ft$1,340
The VueSTUDIO APARTMENT556 Sq Ft$1,177

Cheapest Available Downtown Indianapolis Studio Apartments

Currently the lowest priced Studio apartment unit Downtown Indianapolis of Indianapolis, IN is the Sherwood Std D Model starting from $655 at INDY FLATS. The average price for all Studio apartments in Downtown Indianapolis is currently $1,243. Here is today’s list of the cheapest available Studio options in the area:

Apartment ListingModel NamePriced From
INDY FLATSSherwood Std D$655
Maple Creek VillageStudio$700
St. Agnes ApartmentsStudio- Standard 2nd -5th*$765
Priscilla on PennsylvaniaStudio- 1st Floor Corner$799
9 On CanalStudio - Stockholm$895
Senate ManorS.1 C$930
Circle CityRAL-S500$970
Artistry IndyEdie (EcoSuite)$1,002
Wesley PlacePeck$1,049
632MLKWalker$1,050

Don't Settle: How to Negotiate Your Apartment Lease and Save Money

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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

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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 INDY FLATS listed at $655.

How much is the average rent for a Studio Downtown Indianapolis Apartment?

The average rent for a Studio Apartment in Downtown Indianapolis is $1,243.

What is the largest available Studio Downtown Indianapolis Apartment for rent?

Today's apartment with the most square footage in Downtown Indianapolis is a 804 square feet unit starting from $1,399 at The Stella.

What is the average size for Downtown Indianapolis Studio Apartments for rent?

The average size for a Studio rental in Downtown Indianapolis is currently 509 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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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.

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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.

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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.

Articles, How-To's, and Tips

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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.

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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.

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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.

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Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.