
Apartments for Rent in the Downtown Indianapolis Neighborhood of Indianapolis, IN Under $2,000 (169 Rentals)


Industry Indianapolis

9 on Canal

Vivio on Tenth

Gathyr Apartments

Wesmont

River West Flats

Ardmore Apartments

Pinnex
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.

Artistry Indy

220 Meridian

Hinge Apartments

CityWay

Slate Apartments

Circa Apartments

Cosmopolitan on the Canal

Canal Square

The Assembly
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.

Stadium Lofts & Flats

The Stella

The Grounds

Wesley Place

Vanguard at 16 Tech

Nine+Eighteen

Lockerbie Lofts

Ralston Apartments

El Dorado

Pulliam Square
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.

Riley Towers

Penn Street Tower Apartments

The Avenue

Kennedy Apartments

The Leo

Union Square

Edge 35

Maryden on Central

Maple Creek Village

Lofts on Madison
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!

Riverview

The E'Laan

Forte Apartments

2131 North

Canal Overlook Apartments

Circle City Apartments

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Lockefield Gardens

Devonshire Apartments in Downtown Indianapolis

333 Penn Apartments
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 169 rentals with your search options within a 2 mile radius of the Downtown Indianapolis Neighborhood of Indianapolis, IN.
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Downtown Indianapolis, Indianapolis, IN Local Guide
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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.
Frequently Asked Questions about Downtown Indianapolis
How much are Studio apartments in Downtown Indianapolis?
There are currently 82 Studio Apartments in Downtown Indianapolis with rent ranges from $370 to $2,981 with an average price of $1,358.
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 $398 to $4,106 with an average monthly rent of $1,602.
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 $483 to $8,176. Today's average rental price for Two Bedrooms here is $2,180.
How expensive are Downtown Indianapolis Three Bedroom Apartments?
There are currently 41 Three Bedroom Apartments listings available in Downtown Indianapolis on ApartmentHomeLiving.com. The pricing ranges from $1,100 to $9,136 - averaging $3,013 for the location.
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.