Apartments for Rent in the Downtown Indianapolis Neighborhood of Indianapolis, IN Under $1,000 (72 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
to
Lifestyle Matching SearchDone
Learn more about Lifestyle Search
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

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.

Read Article

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.

Read Article

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.

Read Article
property at 1254 W 23rd St

$750 - $795

1 To 2 Bedroom Rentals

Available Now

1254 W 23rd St

IndianapolisIN46208

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.

Read Article
close
View Me
Mayleeno
1 Bedroom Apartments

Mayleeno

416 E Vermont PlIndianapolis, IN 46202
  • Utilities Included
close
View Me
Van Dyke
Studio to 2 Bedroom Apartments

Van Dyke

1229 N Pennsylvania StIndianapolis, IN 46202
close
View Me
PENN ARTS
1 to 2 Bedroom Apartments

PENN ARTS

111 E 16th StIndianapolis, IN 46202
close
View Me
Raleigh
Studio to 2 Bedroom Apartments

Raleigh

108 E 13th StIndianapolis, IN 46202
close
View Me
Broadway Heights
2 Bedroom Apartments

Broadway Heights

1927 Broadway 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!

Read Article
Showing Results 1-50, Page 1 of 2

Frequently Asked Questions about Downtown Indianapolis

How much are Studio apartments in Downtown Indianapolis?

There are currently 157 Studio Apartments in Downtown Indianapolis with rent ranges from $595 to $2,838 with an average price of $1,246.

What is the current price range for One Bedroom Downtown Indianapolis Apartments for rent?

Today's rental pricing for One Bedroom Apartments in Downtown Indianapolis ranges from $750 to $4,427 with an average monthly rent of $1,493.

What does renting a Two Bedroom Apartment in Downtown Indianapolis cost?

The monthly rent prices of Two Bedroom Apartments currently available in Downtown Indianapolis range from $563 to $5,444. Today's average rental price for Two Bedrooms here is $1,997.

How expensive are Downtown Indianapolis Three Bedroom Apartments?

There are currently 49 Three Bedroom Apartments listings available in Downtown Indianapolis on ApartmentHomeLiving.com. The pricing ranges from $988 to $10,814 - averaging $2,370 for the location.

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

decorative image for A Local Expert’s Guide To 10 Budget-Friendly Neighborhoods to Rent in Indianapolis article

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.

decorative image for Your Guide to Picking the Perfect Indianapolis Neighborhood for Student Renters article

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.

decorative image for Find Your Indy Home: A Guide to Indianapolis Apartment Rentals and Neighborhoods article

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

decorative image for A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment article

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.

decorative image for Renting with Roommates: Realistic Expectations for Shared Lease article

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.

decorative image for Apartment Common Area Rules: What Renters Need to Know article

Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

decorative image for How to Negotiate Your Apartment Lease and Save Money article

How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate!