Apartments for Rent in the Fairgrounds Neighborhood of Indianapolis, IN (348 Rentals)

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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.

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Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

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property at 6021 N College Ave
$1,725

Total Monthly Price

Base Rent$1,725
Total Monthly Price$1,725
1 Bedroom, 1 Bath Home for Rent
Available Now
Affordability

6021 N College Ave

IndianapolisIN46220
  • Smoke Free

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.

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property at 5169 Caroline Ave
$1,300

Total Monthly Price

Base Rent$1,300
Total Monthly Price$1,300
1 Bedroom, 1 Bath Home for Rent
Available Now
Furnished

5169 Caroline Ave

IndianapolisIN46205
property at 1230 E 54th St
$1,950
3 Bedroom, 1 Bath Home for Rent
Available Now

1230 E 54th St

IndianapolisIN46220
property at 1015 Northview Avenue
$1,699

Total Monthly Price

Base Rent$1,699
Total Monthly Price$1,699
1 Bedroom, 1 Bath Home for Rent
Available Now
Luxury

1015 Northview Avenue

IndianapolisIN46220
property at 4155 Graceland Ave
$1,100 - $2,400
1 To 4 Bedroom Homes for Rent
Available Now
Cost Per Sq.Ft.

4155 Graceland Ave

IndianapolisIN46208
  • Smoke Free
property at 4610 Rookwood Ave
$1,800

Total Monthly Price

Base Rent$1,800
Total Monthly Price$1,800
2 Bedroom, 1 Bath Home for Rent
Available Jun 1, 2029
Affordability

4610 Rookwood Ave

IndianapolisIN46208
property at 4612 Rookwood Ave
$1,800

Total Monthly Price

Base Rent$1,800
Total Monthly Price$1,800
2 Bedroom, 1 Bath Home for Rent
Available Jun 1, 2028
Affordability

4612 Rookwood Ave

IndianapolisIN46208
property at 3947 Rookwood Ave
$1,795

Total Monthly Price

Base Rent$1,795
Total Monthly Price$1,795
2 Bedroom, 2 Bath Home for Rent
Available Now
Affordability

3947 Rookwood Ave

IndianapolisIN46208

Fairgrounds - 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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property at 3122 Ruckle St
$1,500

Total Monthly Price

Base Rent$1,500
Total Monthly Price$1,500
2 Bedroom, 1 Bath Home for Rent
Available Now
Affordability

3122 Ruckle St

IndianapolisIN46205
property at 3955 Rookwood Ave
$2,150

Total Monthly Price

Base Rent$2,150
Total Monthly Price$2,150
3 Bedroom, 2 Bath Home for Rent
Available Now

3955 Rookwood Ave

IndianapolisIN46208
property at 2934 Macpherson Ave
$3,400

Total Monthly Price

Base Rent$3,400
Total Monthly Price$3,400
3 Bedroom, 3 Bath Home for Rent
Available Oct 1
Furnished

2934 Macpherson Ave

IndianapolisIN46205
property at 3450 Graceland Ave
$1,075

Total Monthly Price

Base Rent$1,075
Total Monthly Price$1,075
3 Bedroom, 1 Bath Townhome for Rent
Available Now
Affordability

3450 Graceland Ave

IndianapolisIN46208
property at 2927 Boulevard Pl
$2,450

Total Monthly Price

Base Rent$2,450
Total Monthly Price$2,450
4 Bedroom, 2.5 Bath Home for Rent
Available Now
Furnished

2927 Boulevard Pl

IndianapolisIN46208

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

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Showing Results 1-50, Page 1 of 7

Fairgrounds, Indianapolis, IN Local Guide

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

Learn the property manager's true secrets to a zero-deduction move-out. Use this step-by-step guide on documentation, cleaning, and lease-reading to reclaim your security deposit.

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18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Tour smarter and choose with confidence. Get the essential 18 questions that reveal the truth about a rental property's maintenance, utilities, and safety.

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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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Your Guide to Picking the Perfect Indianapolis Neighborhood for Student Renters

Learn About the Best Neighborhoods to Rent Near College Campuses in Indianapolis, IN | Find Charlotte Indianapolis Student Housing at ApartmentHomeLiving.com

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Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University

From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.

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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.

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Pet Friendly Lifestyle
Fairgrounds, Indianapolis, IN

Ranked #153

Among cities in Indiana for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Best Local Schools in
Fairgrounds, Indianapolis, IN

School data provided by Great Schools

Lifestyle Ratings

This website is happy to bring you our detailed rental search system called 'Lifestyle ratings', composed of rentals in cities across the United States including Fairgrounds, Indianapolis, and the greater Indianapolis area. Lifestyle Ratings show you the best fit for your needs and interests. This takes in many factors including filtering automatically for the best proximity to parks and outdoor amenities, luxury housing options, pet-friendly features, places to raise kids, proximity to transit, and much more. Find Lifestyle Search in the filter options (above). Happy Searching!

Luxury Living Rating

This neighborhood has risen to be one of the finest luxury neighborhoods in town, with a score of 4.0 out of 4. Luxury Lifestyle Scoring is based on having high-end community amenities like shared social spaces, lounges, pools, on-site concierge services, gardens, nearby parks, and nice home amenities like granite or quartz countertops and stainless steel appliances. Luxury communities also often offer tile, hardwood, and fine carpeting, raquetball courts, and for some communities, even a doorman to greet residents.

Frequently Asked Questions about Fairgrounds

What is the current pricing and availability for apartments for rent in the Fairgrounds area of Indianapolis, IN?

As of today, September 07, 2026, there are currently 348 available Fairgrounds apartments priced from $629 to $4,626, with an average monthly rent of $1,316.

How much are Studio apartments in Fairgrounds?

There are currently 89 Studio Apartments in Fairgrounds with rent ranges from $629 to $1,400 with an average price of $1,150.

What is the current price range for One Bedroom Fairgrounds Apartments for rent?

Today's rental pricing for One Bedroom Apartments in Fairgrounds ranges from $675 to $1,720 with an average monthly rent of $1,186.

What does renting a Two Bedroom Apartment in Fairgrounds cost?

The monthly rent prices of Two Bedroom Apartments currently available in Fairgrounds range from $799 to $4,626. Today's average rental price for Two Bedrooms here is $1,435.

How expensive are Fairgrounds Three Bedroom Apartments?

There are currently 36 Three Bedroom Apartments listings available in Fairgrounds on ApartmentHomeLiving.com. The pricing ranges from $795 to $2,037 - averaging $1,549 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.

Helpful Local Expert Guides

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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.

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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.

decorative image for Your Guide to Picking the Perfect Indianapolis Neighborhood for Student Renters article

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.

decorative image for A Local Expert’s Guide To 10 Budget-Friendly Neighborhoods to Rent in Indianapolis article

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.

Articles, How-To's, and Tips

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Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!

Written by: Robin Stewart

Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

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Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags

Written by: Robin Stewart

Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

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First Apartment Regrets: Real Renters Share What They'd Do Differently

Written by: Robin Stewart

Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

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Renters Insurance 101: What It Is, What It Covers, and Why You Need It

Written by: Robin Stewart

Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.