
Homes for Rent in Downtown Indianapolis Neighborhood of Indianapolis, IN Under $2,000 (86 Rentals)


261 N PERSHING AVE

611 N Park Ave, Unit 114, Unit 114

1532 N College Ave

55 S Harding St, Unit 210, Unit 210

1918 W Washington St, Unit 12

1918 W Washington St, Unit 4

2060 N Delaware St, Unit Apt 10

423 E Michigan St, Unit SI ID1026464P

1918 W Washington St, Unit 10
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.

2029 N College Ave, Unit G

3014 W 10th St, Unit 2

2060 N Delaware St, Unit Apt 3

520 E Washington St, Unit SI ID1407019P

2060 N Delaware St, Unit 12

1918 W Washington St, Unit 1 Bedroom

2159-2159 Bellefontaine St, Unit 2157

615 N East St, Unit SI ID1364133P

423 E Michigan St, Unit SI ID1032103P

1043 N Holmes Ave
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.

1150 N White River Pkwy Dr W

38 N Pershing Ave

1408 Broadway St, Unit D

3531 Garden Ave

264 N Holmes Ave

1529 E Ohio St

145 E 14th St

2235 Doctor M.L.K. Jr St

955 N Traub Ave

2246 Ralston Ave
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.

2942 W New York St

2011 Alabama St

2133 N Talbott St

1415 W Pruitt St

143 McKim Ave

425 Massachusetts Ave

1924 Mansfield St

1140 Hoyt Ave

1643 N College Ave

1430 E Ohio St
Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
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1512 English Ave

115 N Arsenal Ave

1242 S Talbott St

117 N Arsenal Ave

2161 N Meridian St

825 Camp St

113 N Arsenal Ave

1801 W Morris St

1124 S Reisner St

1135 W 21st St
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.
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 | $1,894 | $749 | $3,800 |
| Downtown Indianapolis 3 Bedroom Homes for Rent | $2,071 | $1,200 | $5,000 |
| Downtown Indianapolis 4 Bedroom Homes for Rent | $2,452 | $1,495 | $3,000 |
Browse Homes for Rent in this Neighborhood
There are currently 86 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
What type of rentals are currently available in Downtown Indianapolis?
There are currently 361 Apartments for Rent in Downtown Indianapolis, IN with pricing that ranges from $200 to $14,662. There are also 162 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown Indianapolis ranging from $465 to $5,000.
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 $465 to $5,000 with an average monthly rent of $1,915.
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 $799 to $6,538, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,200 to $5,000. Four Bedroom Single-Family rentals are also available starting from $1,495 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.

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

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.

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.