Apartments for Rent in the Downtown Indianapolis Neighborhood of Indianapolis, IN Under $1,000 (70 Rentals)

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9 On Canal
Rent Specials
$910 - $3,315
Total Monthly Price

Total Monthly Price

Base Rent
$910 - $3,315
Total Monthly Price
$910 - $3,315
Studio to 3 Bedroom Apartments Available Now

9 On Canal

335 W 9th StIndianapolis, IN 46202
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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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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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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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Mayleeno
1 Bedroom Apartments

Mayleeno

416 E Vermont PlIndianapolis, IN 46202
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Van Dyke
Studio to 2 Bedroom Apartments

Van Dyke

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

PENN ARTS

111 E 16th StIndianapolis, IN 46202

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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Raleigh
Studio to 2 Bedroom Apartments

Raleigh

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

Broadway Heights

1927 Broadway StIndianapolis, IN 46202
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919 Broadway St
1 Bedroom Apartments

919 Broadway St

919 Broadway StIndianapolis, IN 46202
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Stonegate Apartments
Studio to 3 Bedroom Apartments

Stonegate Apartments

1220-1226 N Illinois StIndianapolis, IN 46202
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Campus Townhomes
2 Bedroom Apartments

Campus Townhomes

531 Ransom StIndianapolis, IN 46202
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St. James
Studio to 2 Bedroom Apartments

St. James

2102 N Meridian StIndianapolis, IN 46202
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Gathyr Apartments
Studio to 2 Bedroom Apartments

Gathyr Apartments

1117 E Market StIndianapolis, IN 46202
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Trail Side
1 Bedroom Apartments

Trail Side

865-893 Massachusetts AveIndianapolis, IN 46204
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The Seminole
1 Bedroom Apartments

The Seminole

920 N Alabama StIndianapolis, IN 46202
  • Utilities Included

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!

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Frequently Asked Questions about Downtown Indianapolis

How much are Studio apartments in Downtown Indianapolis?

There are currently 163 Studio Apartments in Downtown Indianapolis with rent ranges from $595 to $4,070 with an average price of $1,297.

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 $497 to $4,071 with an average monthly rent of $1,567.

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 $515 to $6,207. Today's average rental price for Two Bedrooms here is $2,016.

How expensive are Downtown Indianapolis Three Bedroom Apartments?

There are currently 62 Three Bedroom Apartments listings available in Downtown Indianapolis on ApartmentHomeLiving.com. The pricing ranges from $799 to $6,477 - averaging $2,167 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

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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.

decorative image for Indys Innovation Hub: Top Indianapolis Employers and the Neighborhoods that Welcome You Home article

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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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.

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What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.