Studio Apartments for Rent in the Downtown Indianapolis Neighborhood of Indianapolis, IN (94 Rentals)

Industry Indianapolis

Vivio on Tenth

Gathyr Apartments

River West Flats

Ardmore Apartments

Pinnex

Artistry Indy
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.

Cosmopolitan on the Canal

Canal Square

Stadium Lofts & Flats

The Grounds

Wesley Place

Vanguard at 16 Tech
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.

Union Square

Edge 35

Maryden on Central

Maple Creek Village
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.

Lofts on Madison

Riverview

Canal Overlook Apartments

Circle City Apartments

Maxwell Apartments

Priscilla on Pennsylvania

The Sheldrake Apartments

Dunbar Court
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!

520 E Washington St

423 E Michigan St

423 E Michigan St

530 Massachusetts Ave
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 | $1,358 | $370 | $2,981 |
Downtown Indianapolis 1 Bedroom Apartments | $1,602 | $398 | $4,106 |
Downtown Indianapolis 2 Bedroom Apartments | $2,180 | $483 | $8,176 |
Downtown Indianapolis 3 Bedroom Apartments | $3,013 | $1,100 | $9,136 |
Downtown Indianapolis 4 Bedroom Apartments | $1,130 | $550 | $4,250 |
Browse Apartments in this Neighborhood
There are currently 94 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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Largest Available Downtown Indianapolis Studio Apartments
The largest available Studio apartment unit in the Downtown Indianapolis area of Indianapolis, IN is found at Pulliam Square and is listed at 748 square feet priced from $1,518. Here is today’s list of the largest available 2 Bedroom units in the area:
Apartment Listing | Model Name | Square Footage | Priced From |
---|---|---|---|
Pulliam Square | Courier | 748 Sq Ft | $1,518 |
Rise on Meridian | The Abbi | 708 Sq Ft | $1,514 |
The Stella | Vega 80% | 701 Sq Ft | $1,295 |
Mozzo apartments | Modern Studio, Steps Away from Downtown and Fou... | 596 Sq Ft | $1,299 |
Lockerbie Lofts | The Wiley | 585 Sq Ft | $1,215 |
Maxwell Apartments | Milan | 577 Sq Ft | $1,213 |
Wesmont | Studio - Bumping on Sunset | 575 Sq Ft | $1,249 |
The Leo | The Eli | 544 Sq Ft | $1,285 |
Morton School Senior Apartments | Studio 60% | 542 Sq Ft | $1,090 |
The Vue | STUDIO APARTMENT | 530 Sq Ft | $1,146 |
Cheapest Available Downtown Indianapolis Studio Apartments
Currently the lowest priced Studio apartment unit Downtown Indianapolis of Indianapolis, IN is the Studio Model starting from $999 at River West Flats. The average price for all Studio apartments in Downtown Indianapolis is currently $1,358. Here is today’s list of the cheapest available Studio options in the area:
Apartment Listing | Model Name | Priced From |
---|---|---|
River West Flats | Studio | $999 |
Artistry Indy | Jacqueline | $1,032 |
Lofts on Madison | Studio | $1,049 |
Morton School Senior Apartments | Studio 60% | $1,090 |
Riley Towers | Studio - 500 | $1,099 |
The Vue | STUDIO APARTMENT | $1,146 |
Riverview | Calumet | $1,175 |
Gathyr Apartments | Beville | $1,199 |
Maxwell Apartments | Milan | $1,213 |
Lockerbie Lofts | The Wiley | $1,215 |
Quick 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.
Pet Friendly LifestyleDowntown Indianapolis, Indianapolis, IN
Ranked #1
Among neighborhoods in Indianapolis, IN for Apartment listings with Pet Friendly Amenities
Pet Friendliness Lifestyle Score
4.0Pet Friendly
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 River West Flats listed at $999.
How much is the average rent for a Studio Downtown Indianapolis Apartment?
The average rent for a Studio Apartment in Downtown Indianapolis is $1,358.
What is the largest available Studio Downtown Indianapolis Apartment for rent?
Today's apartment with the most square footage in Downtown Indianapolis is a 748 square feet unit starting from $1,518 at Pulliam Square.
What is the average size for Downtown Indianapolis Studio Apartments for rent?
The average size for a Studio rental in Downtown Indianapolis is currently 531 sq ft.
Expert Rental Resources
Helpful Apartment Articles, How-To's and Tips
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.

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.

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
Written by: Cheryl Bowman
A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

The Art of the Rental Viewing: What to look for during a property tour
Written by: Marie Brown
You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

Know Your Budget: Calculating What You Can Realistically Afford When Renting
Written by: Lauren Harrington
Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.