
Homes for Rent in Indianapolis, IN (1,383 Rentals)


17 N Randolph St

1613 Fletcher Ave

2418 E 16th St

1351 S East St

1928 N Dexter St

5241 E 9th St

3450 Graceland Ave

2950 N Colorado Ave

4155 Graceland Ave
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.

1416 W 21st St

783 Woodruff Pl E Dr, Unit 783

6721 Riverfront Ave, Unit Studio

2402 Mars Hill St

1202 Hoefgen St, Unit 1202

105 N Sherman Dr

6302 Rucker Rd, Unit 6302-B

5169 Caroline Ave

36 N Ewing St

1807 Southeastern Ave
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.

1805 Southeastern Ave

717 N Grant Ave, Unit 717

55 S Harding St, Unit 109

429 S Hamilton Ave

3827 Central Ave

1337 Barth Ave

1532 N College Ave

1842 Applegate St

4427 Nighthawk Ct

3022 N Kenwood 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.

1230 E 54th St

3609 E Washington St

5106 Rosslyn Ave

3903 Rookwood Ave

404 E New York St

1920 Woodlawn Ave

1045 Orange St

3360 Ransdell St, Unit A 3 bd

931 Spur Ln, Unit 931 Spur Lane

1502 Woodlawn Ave
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

6595 Reserve Dr

7736 Pennycroft Dr

721 E North St, Unit 4C

4073 N College Ave

4071 N College Ave

608 N Emerson Ave

1061 W 18th St

611 N Keystone Ave

611 N Park Ave, Unit #216

Furnished Studio-Indianapolis - Lawrence
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.
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 | $1,486 | $625 | $2,950 |
| Indianapolis 3 Bedroom Homes for Rent | $1,874 | $800 | $6,000 |
| Indianapolis 4 Bedroom Homes for Rent | $2,346 | $1,295 | $6,800 |
| Indianapolis 5 Bedroom Homes for Rent | $3,531 | $1,700 | $9,500 |
| Indianapolis 6 Bedroom Homes for Rent | $6,665 | $2,495 | $10,000+ |
Browse Top Homes for Rent in Indianapolis
Explore Indianapolis
Indianapolis, IN Local Guide

- 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 Article18 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
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 1760 Apartments for Rent in Indianapolis, IN with pricing that ranges from $544 to $15,392. There are also 1370 Single Family Homes for rent, Condos, and Townhome rentals currently available in Indianapolis ranging from $315 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 $315 to $15,000 with an average monthly rent of $2,338.
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 $799 to $9,756, while Three Bedroom Homes, Condos, and Townhomes for rent range from $800 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

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.

Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
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.

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
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.