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


The Hermitage

Astoria Park Apartment Homes

Spinnaker Court

Eagle Creek by Spark Living

Lakeside Crossing at Eagle Creek Apartments and Townhomes

Eagle’s Edge

Mariners Village Apartments

Idlewood Apartments

Riverchase Apartments
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.

The Meadows Apartment Homes

Deercross

Loch Haven

Fisherman's Village

The Maywood at Speedway

Waterfront Pointe

The Life at Wood Springs

The Life at Northwest Gardens

Eagle Chase

The Life at White Pines
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.

Founders Square Senior Apartments, LP

Woodhaven Park

Total Monthly Price
Wylde at Eagle Creek

Darby Court

Pier 39 Apartments & Townhomes

Marabou Mills

Pebble Point

Center Point

Eagle Creek Court

The Stratford
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.

Scarborough Lake Apartments

1859 Ernest Dr

2946 Scottsdale Dr

2313 Canvasback Dr

6536 Lupine Terrace

4496 Braemar Dr

7724 Gullit Way

3232 Bluebell Ln

8341 Country Club Blvd

4441 Dunsany Ct
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!

7248 Eagle Bay N Dr

2454 Wigeon Ct

6243 Glen Flint Ct

3912 Amaranth Ct

7569 Cherryhill Dr

4038 Whitaker Dr

5921 W 25th St

7569 Cherryhill Dr

3121 Shadow Brook Dr

6474 Lupine Terrace
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.
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 | $795 | $620 | $919 |
| Island Village 1 Bedroom Apartments | $1,059 | $767 | $2,594 |
| Island Village 2 Bedroom Apartments | $1,360 | $1,010 | $3,122 |
| Island Village 3 Bedroom Apartments | $1,681 | $1,250 | $3,603 |
| 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.
See all Apartments in IndianapolisExplore Indianapolis
Island Village, Indianapolis, IN Local Guide
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10 Hidden Costs of Renting You Should Budget for Before Signing a Lease
Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.
Read ArticleDon't Settle: How to Negotiate Your Apartment Lease and Save Money
Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.
Read ArticleThe 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.
Read ArticleCash 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.
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 ArticleHow a Move-In Inspection Can Protect Your Security Deposit
Learn How a Move-In Inspection Can Protect Your Security Deposit from the Renter University at AparmentHomeLiving.com.
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
How much are Studio apartments in Island Village?
There are currently 12 Studio Apartments in Island Village with rent ranges from $620 to $919 with an average price of $795.
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 $767 to $2,594 with an average monthly rent of $1,059.
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 $1,010 to $3,122. Today's average rental price for Two Bedrooms here is $1,360.
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 $1,250 to $3,603 - averaging $1,681 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

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.

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.