Homes for Rent in Indianapolis, IN (1,691 Rentals)

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property at 2950 N Ritter Ave

2950 N Ritter Ave

IndianapolisIN46218
property at 721 E 16th St

721 E 16th St

IndianapolisIN46202
property at 675 E 16th St

675 E 16th St

IndianapolisIN46202

The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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property at 426 N Warman Ave

426 N Warman Ave

IndianapolisIN46222
property at 1556 Shannon Ave

1556 Shannon Ave

IndianapolisIN46201
property at 3901 Chateau Dr

3901 Chateau Dr

IndianapolisIN46226

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

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property at 637 N Berwick Ave

637 N Berwick Ave

IndianapolisIN46222

Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

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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.

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property at 1151 S Randolph St

1151 S Randolph St

IndianapolisIN46203
property at 1302 N Ewing St

1302 N Ewing St

IndianapolisIN46201

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.

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Showing Results 1-50, Page 1 of 34

Indianapolis, IN Local Guide

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Written By:
Bobbi Jackson
Local Guide Expert

Quick Rent Budget Calculator

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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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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.

Pet Friendly Lifestyle
Indianapolis, IN

Ranked #1

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

Pet Friendliness Lifestyle Score

3.5
Pet Friendly

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Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Indianapolis, IN Rentals by Map

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See the most popular apartments and homes in Indianapolis, IN

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Frequently Asked Questions about Indianapolis

What type of rentals are currently available in Indianapolis?

There are currently 1663 Apartments for Rent in Indianapolis, IN with pricing that ranges from $550 to $11,670. There are also 1691 Single Family Homes for rent, Condos, and Townhome rentals currently available in Indianapolis ranging from $355 to $23,395.

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 $355 to $23,395 with an average monthly rent of $2,165.

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 $1,095 to $11,670, while Three Bedroom Homes, Condos, and Townhomes for rent range from $900 to $6,120. Four Bedroom Single-Family rentals are also available starting from $1,345 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.

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.

decorative image for The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro article

The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Written by: Christine Leonard, Esq.

Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.

decorative image for Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting article

Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Written by: Christine Leonard, Esq.

Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.

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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.