
Apartments for Rent in the Downtown Indianapolis Neighborhood of Indianapolis, IN Under $2,000 (258 Rentals) Page 2 of 6


Devonshire Apartments

800 Capitol

333 Penn Apartments

Maxwell Apartments

The Continental Towers at Vermont Place

2131 North

Plaza at Central Greens

INDY FLATS

16 Park Apartments
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!

1010 Central

The Sheldrake Apartments

Drake Street Garden Homes

The Washington

Colmar Apartments

Traymore Apartments

Pavilion Place

Garden Arch Apartments

Apollo & Aurora Apartments

Line Lofts

Indy Christian Place Apartments LLC

Shoemaker Building

Temple Lofts

The Delaware Apartments

Five Twenty Virginia

1733 N. Meridian

Trail Side

Indy Downtown Colonial Apartments

The Davlan

St. Agnes Apartments

632MLK

Dunbar Court

1449 Fletcher Avenue

Total Monthly Price
539 Fletcher Ave

Total Monthly Price
1137 W 21st St

261 N PERSHING AVE

1532 N College Ave

226 N Randolph St

2145 Columbia Ave

2045 Central Ave, Unit CH, Unit CH

2029 N College Ave, Unit G

3014 W 10th St, Unit 2

2060 N Delaware St, Unit Apt 3

638 Woodruff Pl W Dr, Unit Apt 3

501n N New Jersey St, Unit SI ID1378236P

520 E Washington St, Unit SI ID1407019P

2060 N Delaware St, Unit 12

1918 W Washington St, Unit 1 Bedroom

423 E Michigan St, Unit SI ID1032096P

2159-2159 Bellefontaine St, Unit 2157
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 258 rentals with your search options within a 2 mile radius of the Downtown Indianapolis Neighborhood of Indianapolis, IN.
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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 $200 to $3,513 with an average price of $1,240.
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 $544 to $4,071 with an average monthly rent of $1,551.
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 $650 to $5,158. Today's average rental price for Two Bedrooms here is $2,034.
How expensive are Downtown Indianapolis Three Bedroom Apartments?
There are currently 52 Three Bedroom Apartments listings available in Downtown Indianapolis on ApartmentHomeLiving.com. The pricing ranges from $799 to $7,290 - averaging $2,498 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

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

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.

Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.

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.