
Townhomes for Rent in Indianapolis, IN (113 Rentals) Page 2 of 3


3815 Biscayne Rd

1119 N Dearborn St

3328 E New York St

4448 Evanston Ave

47 S Lasalle St

944 E Minnesota St

3823 Biscayne Rd

3821 Biscayne Rd

3829 Biscayne Rd
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.

1833 Orleans St

232 N Rural St

1541 E Ohio St

2901 N Talbott St

408 N Oakland Ave

3031 Boulevard Pl

1439 S East St

438 E Beecher St

2405 E 16th St

1838 Gent 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.

126-128 N Colorado Ave

1021 S State Ave

1036 N Parker Ave

4245 College - 4247

2813 N Talbott St

1430 S Olive St

4040 N College Ave

728 Parkway Ave

726 Parkway Ave

1313 E 22nd St
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.

89 N 16th Ave

10604 Central Ave

156 W Main St

7278 Zanesville Rd

637 Joy Dr

7257 Zanesville Rd

7010 Sunstone Pl

11794 Harvard Ln

333 Alden Way

6929 Adalene Ln
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.

3263 Morab Dr

13370 White Granite Dr

14047 Wimbleton Wy

12632 Hamsel Ln

11474 Clay Court

9014 Mercer Dr

12721 Tamworth Dr

11504 Grassy Ct

14177 Tenbury Wy

13495 E 134th St
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
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 | $1,479 | $625 | $2,950 |
| Indianapolis 3 Bedroom Homes for Rent | $1,876 | $800 | $6,000 |
| Indianapolis 4 Bedroom Homes for Rent | $2,340 | $1,295 | $6,800 |
| Indianapolis 5 Bedroom Homes for Rent | $3,524 | $1,700 | $9,500 |
| Indianapolis 6 Bedroom Homes for Rent | $5,831 | $2,495 | $10,000+ |
Browse Top Townhomes for Rent in Indianapolis
Explore Indianapolis
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 1763 Apartments for Rent in Indianapolis, IN with pricing that ranges from $544 to $14,206. There are also 1374 Single Family Homes for rent, Condos, and Townhome rentals currently available in Indianapolis ranging from $315 to $12,500.
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 $12,500 with an average monthly rent of $2,231.
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.