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


Vivio on Tenth

Wesmont

Riverview

Ardmore Apartments

Pinnex

Lockerbie Lofts

220 Meridian

Slate Apartments

Circa Apartments
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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.

Mozzo apartments

Cosmopolitan on the Canal

Canal Square

The Grounds

The E'Laan

Artistry Indy

Total Monthly Price
9 On Canal

The Stella

Vanguard at 16 Tech

Gathyr Apartments
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Wesley Place

River West Flats

The Leo

360 Market Square

Pulliam Square

Riley Towers

Axis

Maple Creek Village

Union Square

Priscilla on Pennsylvania
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Edge 35

Lofts on Madison

Forte Apartments

Canal Overlook Apartments

Circle City

Maxwell Apartments

The Continental Towers at Vermont Place

INDY FLATS

The Sheldrake Apartments

The Washington
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Traymore Apartments

The Delaware Apartments

632MLK

Dunbar Court

501n N New Jersey St, Unit SI ID1378236P

520 E Washington St, Unit SI ID1407019P

421 N Pennsylvania St, Unit SI ID1312606P

423 E Michigan St, Unit SI ID1032096P

421 E Market St, Unit SI ID1384023P

423 E Michigan St, Unit SI ID1032103P
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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 | $1,240 | $200 | $3,513 |
| Downtown Indianapolis 1 Bedroom Apartments | $1,551 | $544 | $4,071 |
| Downtown Indianapolis 2 Bedroom Apartments | $2,034 | $650 | $5,158 |
| Downtown Indianapolis 3 Bedroom Apartments | $2,498 | $799 | $7,290 |
| Downtown Indianapolis 4 Bedroom Apartments | $1,215 | $600 | $5,816 |
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.
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 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 Listing | Model Name | Square Footage | Priced From |
|---|---|---|---|
| The Stella | Vega | 804 Sq Ft | $1,399 |
| The Vue | STUDIO APARTMENT | 750 Sq Ft | $1,323 |
| Rise on Meridian | The Abbi | 708 Sq Ft | $1,534 |
| Lofts on Madison | Studio | 675 Sq Ft | $1,099 |
| Lockerbie Lofts | The Crane | 667 Sq Ft | $1,492 |
| Union Square | The Cornell | 648 Sq Ft | $1,585 |
| Circle City | MK-Studio | 638 Sq Ft | $1,065 |
| Forte Apartments | C- Studio | 633 Sq Ft | $1,340 |
| The Continental Towers at Vermont Place | Turnverein 201 | 625 Sq Ft | $1,465 |
| Vanguard at 16 Tech | S2 | 621 Sq Ft | $1,391 |
Cheapest Available Downtown Indianapolis Studio Apartments
Currently the lowest priced Studio apartment unit Downtown Indianapolis of Indianapolis, IN is the Waiting List Model starting from $200 at 632MLK. The average price for all Studio apartments in Downtown Indianapolis is currently $1,240. Here is today’s list of the cheapest available Studio options in the area:
| Apartment Listing | Model Name | Priced From |
|---|---|---|
| 632MLK | Waiting List | $200 |
| INDY FLATS | Sherwood Std D | $655 |
| Dunbar Court | Studio | $665 |
| Maple Creek Village | Studio | $700 |
| Priscilla on Pennsylvania | Studio- 1st Floor Corner | $799 |
| 9 On Canal | Studio - Stockholm | $910 |
| Circle City | VD-Studio | $975 |
| Artistry Indy | Edie (EcoSuite) | $982 |
| Maxwell Apartments | Milan | $997 |
| The Congress at Library Square | Poe | $1,010 |
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Read ArticleDon't Settle: How to Negotiate Your Apartment Lease and Save Money
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Read ArticleYour 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 ArticleQuick 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.
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 632MLK listed at $200.
How much is the average rent for a Studio Downtown Indianapolis Apartment?
The average rent for a Studio Apartment in Downtown Indianapolis is $1,240.
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

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.

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.

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.

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.
Articles, How-To's, and Tips

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Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

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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.