
Homes for Rent in Downtown Indianapolis Neighborhood of Indianapolis, IN Under $2,000 (96 Rentals)


1119 Windsor St

714 Buchanan St, Unit #19

3127 W 10th St

423 E Michigan St

530 Massachusetts Ave

530 Massachusetts Ave

423 E Michigan St

2136 Central 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.

2205 N Delaware St
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.

3452 Oliver Ave

Large 3 Bedroom in Herron Morton 2200/Sq. Ft.

1404 Broadway St

1659 Carrollton Ave

1058 N Traub Ave

1043 N Holmes Ave
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.

1724 E Brookside Ave

2938 W New York St

222 N East St

1403 Spann Ave

643 Fort Wayne Ave

1613 Nowland Ave

726 Sanders St
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!

752 S Elder Ave

801 N Pennsylvania St

1025 N Centennial St

1630 N Arsenal Ave

1853 Montcalm St

1231 Pleasant St

425 1/2 Massachusetts Ave

154 W 23rd St

1829 Montcalm St

580 Ransom St

1841 Montcalm St

1845 Montcalm St

1240 W 18th 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 | $1,762 | $845 | $4,700 |
Downtown Indianapolis 3 Bedroom Homes for Rent | $2,215 | $1,250 | $3,900 |
Downtown Indianapolis 4 Bedroom Homes for Rent | $2,790 | $1,375 | $5,000 |
Browse Homes for Rent in this Neighborhood
There are currently 96 rentals with your search options within a 2 mile radius of the Downtown Indianapolis Neighborhood of Indianapolis, IN.
Explore Indianapolis
Downtown Indianapolis, Indianapolis, IN Local Guide
- Nearby Indianapolis neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
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
What type of rentals are currently available in Downtown Indianapolis?
There are currently 350 Apartments for Rent in Downtown Indianapolis, IN with pricing that ranges from $550 to $9,114. There are also 178 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 $1,755.
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 $1,131 to $9,114, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,250 to $3,900. Four Bedroom Single-Family rentals are also available starting from $1,375 and Four Bedroom Apartments start at $550.
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.