Studio Apartments for Rent in the Downtown Indianapolis Neighborhood of Indianapolis, IN (164 Rentals)

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Genius Ideas and Studio Layout Tips That Maximize Every Square Inch

Transform your studio apartment layout and maximize storage. Get proven ideas from a 20-year property expert to make any small space stylish and functional.

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9 On Canal
Rent Specials
$910 - $1,510
Total Monthly Price

Total Monthly Price

Base Rent
$910 - $3,315
Total Monthly Price
$910 - $3,315
Studio Apartments Available Jul 1

9 On Canal

335 W 9th StIndianapolis, IN 46202
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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.

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Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

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Indy's Innovation Hub: Top Indianapolis Employers and the Neighborhoods that Welcome You Home

Find your dream job and perfect neighborhood in Indy. Discover major companies and the best places to live for young professionals and families, from historic districts to quiet, upscale communities.

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property at 421 N Pennsylvania St

$3,210 - $4,324

Total Monthly Price

Total Monthly Price

Base Rent
$3,210
Total Monthly Price
$3,210

Studio Rentals

Available Jun 13

421 N Pennsylvania St

IndianapolisIN46204
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Meridian at 21
Studio Apartments

Meridian at 21

2105 N Meridian StIndianapolis, IN 46202
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Tinner Park West
Studio Apartments

Tinner Park West

1842 Central AveIndianapolis, IN 46202
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Bronx and Berrick
Studio Apartments

Bronx and Berrick

1325 Central AveIndianapolis, IN 46202
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Park10
Studio Apartments

Park10

603 E 11th StIndianapolis, IN 46202
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110 Condos
Studio Apartments

110 Condos

110 E Washington StIndianapolis, IN 46204

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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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$1,489
Canal Overlook ApartmentsStudio694 Sq Ft$1,586
Lofts on MadisonStudio675 Sq Ft$1,099
Union SquareThe Cornell647 Sq Ft$1,380
Circle CityS18 McKay638 Sq Ft$1,065
The Continental Towers at Vermont PlaceTurnverein 201625 Sq Ft$1,465
The GroundsThe Chignon620 Sq Ft$1,329
WesmontStudio - Bumping on Sunset575 Sq Ft$1,249
The VueSTUDIO APARTMENT530 Sq Ft$1,205

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 $1,297. 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
Priscilla on PennsylvaniaStudio- 1st Floor Corner$799
The WashingtonStudio$800
Circle CityS8 Van Dyke$975
Lofts on MadisonStudio$1,099
Artistry IndyEdie (EcoSuite)$1,112
The Delaware ApartmentsCedar$1,175
RiverviewCalumet$1,195
Vanguard at 16 TechS1$1,195

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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Real 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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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 $1,297.

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 508 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.

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Indys Innovation Hub: Top Indianapolis Employers and the Neighborhoods that Welcome You Home

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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

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Genius Ideas and Studio Layout Tips That Maximize Every Square Inch

Written by: Lauren Harrington

This article was written based on first-hand renter experiences and common layout challenges identified after move-in.

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

Written by: Robin Stewart

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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A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

Written by: Lauren Harrington

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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Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

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