
Apartments for Rent in the Downtown Indianapolis Neighborhood of Indianapolis, IN (506 Rentals) Page 2 of 11


Canal Overlook Apartments

Circle City

Gardens of Canal Court

Devonshire Apartments

333 Penn Apartments

Maxwell Apartments

The Continental Towers at Vermont Place

Plaza at Central Greens

INDY FLATS
Neighborhood & Market Insights: How to Choose the Right Area to Rent
Master your search for the perfect apartment. Location is everything. Discover how to leverage community insights, public data, and personal visits to make a fully informed decision about where to rent.

Lockefield Gardens

1010 Central

The Sheldrake Apartments

16 Park Apartments

Drake Street Garden Homes

Genesee Apartments

Colmar Apartments

Pavilion Place

Garden Arch Apartments

Apollo & Aurora Apartments
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Line Lofts

The Washington

College Manor

Temple Lofts

The Delaware Apartments

Harding Street Lofts

Dunbar Court

The Davlan

St. Agnes Apartments

1733 N. Meridian
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Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

632MLK

Total Monthly Price
829 N Pennsylvania St, Unit 2B

Total Monthly Price
1631 Columbia Ave, Unit B

232 E 10th St

611 N Park Ave, Unit #216

721 E North St, Unit 4C

1532 N College Ave

1416 W 21st St

1613 Fletcher Ave

Total Monthly Price
421 N Pennsylvania St, Unit GO ID1312586P

1702 W Michigan St, Unit 10

2029 N College Ave, Unit A

1406 Marlowe Ave, Unit 2

1406 Marlowe Ave, Unit 1

2060 N Delaware St, Unit 6

Total Monthly Price
1118 Spruce St, Unit SI ID1515751P

Total Monthly Price
421 N Pennsylvania St, Unit SI ID1312608P

Total Monthly Price
421 N Pennsylvania St, Unit SI ID1313954P

Total Monthly Price
1121 Laurel St, Unit SI ID1515752P

Total Monthly Price
1420 Prospect St, Unit SI ID1515750P
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 | $1,322 | $556 | $4,650 |
| Downtown Indianapolis 1 Bedroom Apartments | $1,557 | $544 | $4,049 |
| Downtown Indianapolis 2 Bedroom Apartments | $2,017 | $650 | $4,758 |
| Downtown Indianapolis 3 Bedroom Apartments | $2,365 | $799 | $7,290 |
| Downtown Indianapolis 4 Bedroom Apartments | $1,679 | $600 | $7,249 |
How much does it cost to rent a home in Downtown Indianapolis?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| 2 Bedroom Homes | $1,835 | $875 | $3,800 |
| 3 Bedroom Homes | $1,954 | $825 | $4,259 |
| 4 Bedroom Homes | $3,355 | $1,815 | $5,500 |
| 5 Bedroom Homes | $4,000 | $2,500 | $5,500 |
Browse Apartments in this Neighborhood
There are currently 506 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 is the current pricing and availability for apartments for rent in the Downtown Indianapolis area of Indianapolis, IN?
As of today, July 27, 2026, there are currently 506 available Downtown Indianapolis apartments priced from $544 to $7,290, with an average monthly rent of $1,727.
How much are Studio apartments in Downtown Indianapolis?
There are currently 163 Studio Apartments in Downtown Indianapolis with rent ranges from $556 to $4,650 with an average price of $1,322.
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 $4,049 with an average monthly rent of $1,557.
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 $4,758. Today's average rental price for Two Bedrooms here is $2,017.
How expensive are Downtown Indianapolis Three Bedroom Apartments?
There are currently 61 Three Bedroom Apartments listings available in Downtown Indianapolis on ApartmentHomeLiving.com. The pricing ranges from $799 to $7,290 - averaging $2,365 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.
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Articles, How-To's, and Tips

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There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

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For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.