
Apartments for Rent in the Island Village Neighborhood of Indianapolis, IN (91 Rentals)


Eagle Lake Landing

Astoria Park Apartment Homes

Eagle Creek by Spark Living

Lakeside Crossing at Eagle Creek Apartments and Townhomes

Idlewood Apartments

Mariners Village Apartments

Eagle’s Edge

Meadows Apartments

Deercross
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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.

Waterfront Pointe

Loch Haven

Fisherman's Village

Maywood at Speedway

The Life at Wood Springs

Eagle Chase

Riverchase Apartments

The Life at Northwest Gardens

The Life at White Pines

Founders Square Senior Apartments, LP
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.

Total Monthly Price
Wylde at Eagle Creek

Eagle Creek Court

Pier 39 Apartments & Townhomes

Pebble Point

Spinnaker Court

Center Point

Woodhaven Park

Darby Court

The Stratford Apartments

Scarborough Lake Apartments
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.

Total Monthly Price
5841 W 25th St, Unit 1 or 4

6536 Lupine Ter, Unit 6536 Lupine Terrace

8341 Country Club Blvd, Unit 1003

1804 Shorter Ct

9010 Eiderdown Way

6907 Tartan Ct

7727 Gullit Way

4622 Owls Nest Pl

4420 Courtfield Dr

4844 Pembridge Dr
Island Village - 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!

6750 Kinnerton Dr

5908 Dunseth Ct

8956 Mallard Green Dr

5801 Sunwood Dr

6735 Ossington Dr

1852 Kayla Dr

1859 Ernest Dr

4496 Braemar Dr

6243 Glen Flint Ct

7569 Cherryhill Dr
Neighborhood & Market Insights: How to Choose the Right Area to Rent
Master your search for the perfect apartment. Location is everything. Discover how to leverage community insights, public data, and personal visits to make a fully informed decision about where to rent.
Island Village, Indianapolis, IN Local Guide

How much does it cost to rent an apartment in Island Village?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Island Village Studio Apartments | $900 | $689 | $1,249 |
| Island Village 1 Bedroom Apartments | $1,039 | $709 | $2,619 |
| Island Village 2 Bedroom Apartments | $1,363 | $988 | $2,637 |
| Island Village 3 Bedroom Apartments | $1,750 | $1,359 | $3,238 |
| Island Village 4 Bedroom Apartments | $2,399 | $2,399 | $2,399 |
Browse Apartments in this Neighborhood
There are currently 91 rentals with your search options within a 2 mile radius of the Island Village Neighborhood of Indianapolis, IN.
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Island Village, Indianapolis, IN Local Guide
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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.
Pet Friendly LifestyleIsland Village, Indianapolis, IN
Ranked #85
Among cities in Indiana for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
3.5Pet Friendly
Lifestyle Ratings
ApartmentHomeLiving.com is happy to bring you our detailed rental search system called 'Lifestyle ratings', composed of neighborhoods, areas, and rental properties across Indiana and customized analysis for Western Indianapolis, IN. LifeStyle Ratings are a useful tool for comparing and sorting apartments and neighborhoods when choosing your rental home. This takes in many factors including searching for the best amenities, and easy access to the parks, transit availability, pet-friendly communities, places that make kids happy, and how walkable or bikeable each community and area is. Use Lifestyle Search in the site filter options on this page - and find your Perfect place!
Family-Friendly Rating
When renting for a family with younger kids, location matters. Island Village is now ranked as a leading part of town for families, with a score of 3.5 out of 4. Family Friendly communities have features that support parents and kids in having fun and being healthy together. This includes features like parks, pet amenities, playgrounds, trails and recreation, and more.
Outdoors Rating
For some, access to nice outdoor spaces is something they look for when they rent. This area of town has a reputation as providing first-class access to the outdoors, with a score of 3.5 out of 4.
Luxury Living Rating
This section of town ranks as one of our favorite upscale neighborhoods in town, with a score of 3.5 out of 4. Luxury Lifestyle Scoring is based on having high-end community amenities like pools, saunas, workout spaces, on-site concierge services, views, access to parks, and kitchen details like granite and high-end fixtures. Luxury neighborhoods also often offer tile or hardwood floors, raquetball courts, and a full-time security staff or doorman.
Pet Friendly Rating
Does your family raise dogs and cats? this part of Indianapolis is one of the finest submarkets for pet owners who rent, with a score of 3.5 out of 4.
Frequently Asked Questions about Island Village
What is the current price range for One Bedroom Island Village Apartments for rent?
Today's rental pricing for One Bedroom Apartments in Island Village ranges from $709 to $2,619 with an average monthly rent of $1,039.
What does renting a Two Bedroom Apartment in Island Village cost?
The monthly rent prices of Two Bedroom Apartments currently available in Island Village range from $988 to $2,637. Today's average rental price for Two Bedrooms here is $1,363.
How expensive are Island Village Three Bedroom Apartments?
There are currently 32 Three Bedroom Apartments listings available in Island Village on ApartmentHomeLiving.com. The pricing ranges from $1,359 to $3,238 - averaging $1,750 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

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

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.

Creative Ways Developers Reimagine Retail Spaces as Residential Units
Written by: Robin Stewart
Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

Neighborhood and Market Insights: How to Choose the Right Area to Rent
Written by: Robin Stewart
Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.

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.