2231 Union St
IndianapolisIN46225
Homes for Rent in Indianapolis, IN (1,438 Rentals)
6351 Broadway St
IndianapolisIN46220
2418 E 16th St
IndianapolisIN46201
17 N Randolph St
IndianapolisIN46201
4643 Rookwood Ave
IndianapolisIN46208
4720 Munter Ln
IndianapolisIN46218
3450 Graceland Ave
IndianapolisIN46208
4155 Graceland Ave
IndianapolisIN46208
783 Woodruff Pl E Dr, Unit 783, Unit 783
783 Woodruff Pl E Dr
IndianapolisIN46201
4002 Rookwood Ave, Unit Unit 2, Unit Unit 2
4002 Rookwood Ave
IndianapolisIN46208
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.
6536 Lupine Ter, Unit 6536 Lupine Terrace, Unit 6536 Lupine Terrace
6536 Lupine Ter
IndianapolisIN46224
6721 Riverfront Ave, Unit Studio, Unit Studio
6721 Riverfront Ave
IndianapolisIN46220
5169 Caroline Ave
IndianapolisIN46205
1202 Hoefgen St, Unit 1202, Unit 1202
1202 Hoefgen St
IndianapolisIN46203
105 N Sherman Dr
IndianapolisIN46201
349 W 28th St
IndianapolisIN46208
613 N Tacoma Ave
IndianapolisIN46201
408 E Beecher St
IndianapolisIN46225
6033 Wingedfoot Ct, Unit Wingedfoot Court, Unit Wingedfoot Court
6033 Wingedfoot Ct
IndianapolisIN46254
3031 Boulevard Pl
IndianapolisIN46208
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.
717 N Grant Ave, Unit Unit 717, Unit Unit 717
717 N Grant Ave
IndianapolisIN46201
410 E Beecher St
IndianapolisIN46225
907 S East St
IndianapolisIN46225
55 S Harding St, Unit 109, Unit 109
55 S Harding St
IndianapolisIN46222
1337 Barth Ave
IndianapolisIN46203
4816 Patricia St
IndianapolisIN46224
429 S Hamilton Ave
IndianapolisIN46201
4706 E 32nd St
IndianapolisIN46218
958 N Bosart Ave
IndianapolisIN46201
1532 N College Ave
IndianapolisIN46202
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.
1826 Commerce Ave
IndianapolisIN46201
1230 E 54th St
IndianapolisIN46220
1608 E 73rd St
IndianapolisIN46240
5614 Rosslyn Ave
IndianapolisIN46220
4427 Nighthawk Ct
IndianapolisIN46254
415 Dequincy St, Unit Unit B, Unit Unit B
415 Dequincy St
IndianapolisIN46201
2821 S Delaware St
IndianapolisIN46225
5106 Rosslyn Ave
IndianapolisIN46205
9750 Lake Shore Dr E
IndianapolisIN46280
1045 Orange St
IndianapolisIN46203
Check Out Indianapolis’s Best Affordable Neighborhoods
Learn about Indianapolis and the best places to live with original content written by our Local Expert Wendy Melton
216 E 49th St
IndianapolisIN46205
3360 Ransdell St, Unit Unit A 3 bd, Unit Unit A 3 bd
3360 Ransdell St
IndianapolisIN46227
1643 Fletcher Ave
IndianapolisIN46203
657 W 44th St
IndianapolisIN46208
7762 Knue Rd, Unit 7762, Unit 7762
7762 Knue Rd
IndianapolisIN46250
6595 Reserve Dr
IndianapolisIN46220
2923 W New York St
IndianapolisIN46222
4073 N College Ave
IndianapolisIN46205
4071 N College Ave
IndianapolisIN46205
941 E Raymond St
IndianapolisIN46203
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.
Indianapolis, IN Local Guide
How much does it cost to rent a home in Indianapolis?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Indianapolis 2 Bedroom Homes for Rent | $1,484 | $725 | $4,000 |
| Indianapolis 3 Bedroom Homes for Rent | $1,862 | $700 | $6,000 |
| Indianapolis 4 Bedroom Homes for Rent | $2,334 | $1,295 | $4,955 |
| Indianapolis 5 Bedroom Homes for Rent | $3,485 | $1,720 | $10,000+ |
| Indianapolis 6 Bedroom Homes for Rent | $6,665 | $2,495 | $10,000+ |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Browse Top Homes for Rent in Indianapolis
Explore Indianapolis
Indianapolis, IN Local Guide
Written By:
Bobbi JacksonLocal Guide Expert
- Indianapolis Neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
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.
Read Article
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.
Read ArticleYour 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
Read ArticleReal 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.
Read ArticleQuick 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.
Indianapolis Overview
Indianapolis is a hidden American treasure, offering just the right mix of modern urban living and refreshing US midwestern charm. Indianapolis is the state capital of Indiana. The beautiful downtown and greater metro Indianapolis area offers abundant dining, nightlife, entertainment, and shopping options, and beautiful parks. Beyond the suburbs, there are countless hiking trails and other outdoor sports options. The city features multiple inspiring pro and college sports teams. Indy offers these and so many more exceptional benefits in a convenient, ideally walkable city, for a relatively low cost of living. People shopping for rental homes in Indianapolis can choose from many wonderful neighborhoods throughout the area. Most suburbs offer their own selection of great restaurants, bars, and shopping, and quick access to an even broader array of downtown dining and nightlife options, and entertainment venues. There are many employment opportunities here, and there’s always something exciting to look forward to, like the many annual cultural festivals and the world-famous Indianapolis 500.
What is the history of Indianapolis?
In Indianapolis, you’re standing at the center of the state’s current and future urban and economic development. Indianapolis, Indiana began as a western frontier settlement and developed into a major cross-country railroad hub in the late 1800’s. It became Indiana’s largest city in 1824 and was officially designated the state capital in 1825. In 1827, Cumberland Road, a U.S. route, was built to enable greater traffic flow. It is now Washington Street, running through the downtown area. With that access and the later railroad development in the city, Indianapolis became recognized as the Crossroads of America. Today, Indianapolis has a population of about 882,000 and is still growing. Indianapolis, with its neighboring towns have been pivotal state and national commercial and political influences.
How is the weather in Indianapolis?
One of the most charming aspects of the lovely city of Indianapolis is its gorgeous transformation in each of the changing seasons. There are few places that exemplify the classic beauty of the four seasons more fully than Indianapolis. It’s fair to say that the weather is really the foundation of the city’s great charm. The moderate seasonal climate and natural features of the region surrounding Indy make it a satisfying place to be for people who love outdoor sports at any time of year. The average seasonal temperatures in this part of Indiana are spring 53°, summer 74°, fall 55°, and winter 31°. Yes, there are hotter days in summer and much colder days than the average in winter. However, residents who enjoy a temperate climate will enjoy many wonderful days for outdoor activities year-’round, like springtime gardening, summer water sports, fall hiking, and winter skiing.
How do I get around town?
Indianapolis is the model of a conveniently walkable city in the Midwest. Indianapolis urbanites can enjoy the healthy and cost-saving convenience and expedience of walking to just about any place in the downtown area. But, commuting into the city proper from the suburbs can be expected to involve some traffic congestion during peak hours. The Indianapolis metro bus system, IndyGo, serves passengers at the rate of over 10 million rides per year. One great alternative is the abundant bike rental options offered around town. For interstate travel, Greyhound bus service is available and Amtrak stops within the metro limits. For longer distances, the Indianapolis International Airport has flights to both U.S. domestic and international connection points.
Why live in Indianapolis, IN?
If you’re looking for a place to settle into the classic Midwest version of the American dream, this is where to find it! Living in suburban Indianapolis rentals immerses residents in an energetic environment offering all the amenities that make city life fun and convenient. In all the most popular municipalities, there are wide selections of high-quality coffee shops, cafés, restaurants, bars, shops, and parks. The broader radius from downtown features many outstanding entertainment venues, art exhibits, sports activities, and cultural attractions. Academic opportunities are offered at the area’s 40 excellent universities, including Purdue. The city attracts many young people with one of the country’s lowest unemployment rates and costs of living. Indianapolis is an international city with residents from Europe, Latin America, and Asia. The relatively strong local economy, friendly midwestern vibe, and pristine green Indiana countryside altogether present a very strong appeal to many people looking to relocate.
What Indianapolis landmarks should I see?
The aerial view of Indianapolis is like an image of a bejeweled land. From the ground or air, day or night, gazing at downtown Indianapolis is a rather dreamy experience. The Monument Circle, its monolithic 284-foot memorial centerpiece, the city skyline in general, and the superb organization and civic pride in the appearance of the community make it truly special to behold. If you can’t visit anytime soon, look at some views online, and you’ll surely agree that it’s an especially pretty city. The Central Canal is a premiere place for a stellar view of the cityscape. Other special points of interest include Victory Field, the Indiana State Museum, and White River State Park. The Children’s Museum of Indianapolis is the world’s largest of its kind, featuring rare fossils, interactive science displays, a wealth of exciting cultural activities, and a planetarium.
What is there to do around Indianapolis?
The picturesque city of Indianapolis offers everything you want to enjoy in and around a thriving urban environment. Apartment residents in Indianapolis can enjoy a boundless array of fun and interesting things to do. The city offers dozens of beautiful friendly neighborhoods, a thriving urban atmosphere, and an overabundance of dining, entertainment, and cultural options. The area also offers endless lush green spaces, stunning lakes, rivers, and streams, world-class museums, and impressive monuments and other historical sights. Indy hosts the annual Indianapolis 500 and has hosted some of the world’s other biggest and best sports spectacles, such as the NCAA men's basketball tournament and the Super Bowl. You can walk or rent a bike to explore the Indianapolis Cultural Trail. (Bike rental stations can be found all over the city.) The route features many of the region’s best restaurants and cultural attractions. Visit the trendy Fountain Square area art displays and shops. Find some great bargains on collectibles of every kind, clothes, etc., as you listen to live music filling the air. Catch a soccer game at the state-of-the-art Lucas Oil stadium. Tip: Go at night for a truly stunning view of the lights of the city skyline. Visit Broad Ripple Village for leisurely afternoons in world-class cafés and restaurants. Dine over the canal on the patio of the luxurious Canal Bistro. Try any of the delectable options for local pizza, cultural cuisines, and pastries. Find a quiet bar, live music venue, or hot club. Try the nationally famous Slippery Noodle Inn for jazz and blues. Don’t miss weekend opportunities to relax on a blanket or explore Eagle Creek Park's vast land and water options, like swimming, boating, hiking, and more. Above all, be sure to put some of the Indy area’s many special cultural celebrations on your events calendar.
Where is the best place to move in Indianapolis?
There are abundant choices of great neighborhoods for your personal needs and preferences in Indianapolis, the ultimate livable Midwest city. For people looking for the best value in Indianapolis homes for rent, there are 90 neighborhoods in the metropolitan area. Here are just a few of the most popular. These neighborhoods are among the best in the state and most have highly-rated school systems. Devon is a suburb with many young professional and retired residents. It’s largely private homes occupied by the owners, but there are Indianapolis rental homes available in this neighborhood. Broad Ripple is a bustling suburb with many bars, coffee shops, restaurants, shops, and parks. Smaller Glendale offers all the same urban features as Broad Ripple. The Delaware Trails neighborhood offers a lot of room to enjoy the outdoors right in your own backyard, plus plenty of cafés, coffee shops, bars, and charming public parks.
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Indianapolis, IN Rentals by Map
See the most popular apartments and homes in Indianapolis, IN
Indianapolis, IN Area Reviews
Do you know the Indianapolis area?
Let everyone know!
Write a Review
Wendy • 3+ years in Indianapolis
August 10, 2025One of Indiana's most beautiful cities!
Frequently Asked Questions about Indianapolis
What type of rentals are currently available in Indianapolis?
There are currently 1735 Apartments for Rent in Indianapolis, IN with pricing that ranges from $495 to $14,909. There are also 1409 Single Family Homes for rent, Condos, and Townhome rentals currently available in Indianapolis ranging from $320 to $15,000.
What is the current price range for Rental Homes in Indianapolis?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Indianapolis ranges from $320 to $15,000 with an average monthly rent of $2,511.
How much are larger Three and Four Bedroom Rentals in Indianapolis?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Indianapolis range from $626 to $7,085, while Three Bedroom Homes, Condos, and Townhomes for rent range from $700 to $6,000. Four Bedroom Single-Family rentals are also available starting from $1,295 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
A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Written by: Lauren Harrington
I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.
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.