
Homes for Rent in Downtown Indianapolis Neighborhood of Indianapolis, IN Under $1,500 (90 Rentals) Page 2 of 2


1228 W 18th St

501 Madison Ave

1413 Marlowe Ave

136 N Belmont Ave

1306 Woodlawn Ave

412 E 16th St

2243 N Kenwood Ave

1950 Carrollton Ave

1210 N Goodlet Ave

1717 N Talbott St

1017 Laurel St

1644 Dr Andrew J Brown Ave

874 Virginia Ave

2307 N Kenwood Ave

2219 Hovey St

350 S Roena St

3558 1

1721 Woodruff Place Cross Dr

565 N Belmont Ave

1644 N Centennial St

4305 Rockville Rd

1230 E Ohio St

906 Laurel St

661 Birch Ave

655 Birch Ave

653 Birch Ave

125 E 17th St

2029 N College Ave

410 E 16th St

336 Prospect St

37 West St Clair Street

1230 N Belmont Ave

140 E 19th St

471 N State Ave

340 Prospect St

3014 W 10th St

1702 W Michigan St

520 N Moreland Ave

2 E Washington St
Downtown Indianapolis, Indianapolis, IN Local Guide

How much does it cost to rent a home in Downtown Indianapolis?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Downtown Indianapolis 2 Bedroom Homes for Rent | $1,643 | $749 | $3,800 |
| Downtown Indianapolis 3 Bedroom Homes for Rent | $1,899 | $945 | $3,750 |
| Downtown Indianapolis 4 Bedroom Homes for Rent | $2,376 | $1,095 | $3,500 |
| Downtown Indianapolis 5 Bedroom Homes for Rent | $2,272 | $2,000 | $2,795 |
| Downtown Indianapolis 6 Bedroom Homes for Rent | $4,020 | $2,040 | $6,000 |
Browse Homes for Rent in this Neighborhood
There are currently 90 rentals with your search options within a 2 mile radius of the Downtown Indianapolis Neighborhood of Indianapolis, IN.
Explore Indianapolis
Frequently Asked Questions about Downtown Indianapolis
What type of rentals are currently available in Downtown Indianapolis?
There are currently 365 Apartments for Rent in Downtown Indianapolis, IN with pricing that ranges from $563 to $15,646. There are also 243 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown Indianapolis ranging from $599 to $6,000.
What is the current price range for Rental Homes in Downtown Indianapolis?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Downtown Indianapolis ranges from $599 to $6,000 with an average monthly rent of $2,058.
How much are larger Three and Four Bedroom Rentals in Downtown Indianapolis?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Downtown Indianapolis range from $1,012 to $9,355, while Three Bedroom Homes, Condos, and Townhomes for rent range from $945 to $3,750. Four Bedroom Single-Family rentals are also available starting from $1,095 and Four Bedroom Apartments start at $600.
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.
Articles, How-To's, and Tips

How to Make Your Apartment Holiday-Ready: Renter-Friendly Tips
Written by: Justin Habersaat
Getting your apartment ready for the holidays can be exciting but sometimes challenging in a smaller space. Here are some modern tips to keep things festive, safe, and inviting this season.

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.

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.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!