Top Rated Apartments for Rent in the Downtown Indianapolis Neighborhood of Indianapolis, IN (64 Rentals)

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Apartments in the Downtown Indianapolis area of Indianapolis with the best features, newest construction, and richest amenities.

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.

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.

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.

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800 Capitol
1 to 2 Bedroom Apartments

800 Capitol

800 N Capitol AveIndianapolis, IN 46204
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Turnverein Apartments
Studio Apartments

Turnverein Apartments

902 N Meridian StIndianapolis, IN 46204
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632 MLK Apartments
Studio to 4 Bedroom Apartments

632 MLK Apartments

632 Dr Martin Luther King Jr StIndianapolis, IN 46202
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Blacherne Apartments
1 to 2 Bedroom Apartments

Blacherne Apartments

402 N Meridian StIndianapolis, IN 46204
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IUPUI- North Hall
Studio Apartments

IUPUI- North Hall

726 Blake StIndianapolis, IN 46202
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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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The Whit Apartments
Studio Apartments

The Whit Apartments

307 N Pennsylvania StIndianapolis, IN 46204
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Canal Gardens
2 to 3 Bedroom Apartments

Canal Gardens

1229-1243 Dr Martin Luther King Jr StIndianapolis, IN 46202
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The Whit
1 Bedroom Apartments

The Whit

401 N Delaware StIndianapolis, IN 46204
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22 Meridian St
1 Bedroom Apartments

22 Meridian St

22 Meridian StIndianapolis, IN 46204
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716 N East St
2 Bedroom Apartments

716 N East St

716 N East StIndianapolis, IN 46202
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Varsity Lofts
Studio Apartments

Varsity Lofts

1515 N Pennsylvania StIndianapolis, IN 46202
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PICCADILLY
Studio to 1 Bedroom Apartments

PICCADILLY

28 E 16th StIndianapolis, IN 46202
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The Hudson
Studio Apartments

The Hudson

355 E Ohio StIndianapolis, IN 46204
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Downtown Indianapolis, Indianapolis, IN Local Guide

Quick Rent Budget Calculator

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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.

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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 $483 to $2,981 with an average price of $1,856.

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.

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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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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.

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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.

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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.