
Apartments for Rent in the Island Village Neighborhood of Indianapolis, IN (103 Rentals)


The Hermitage

Mariners Village

Idlewood Apartments

Eagle’s Edge

Astoria Park Apartment Homes

Spinnaker Court Apartments

The Maywood at Speedway

Deercross Apartments
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.

Lakeside Crossing at Eagle Creek Apartments and Townhomes

Fishermans Village

Founders Square Senior Housing

The Life at Northwest Gardens

EAGLE CHASE APARTMENTS

Riverchase Apartments

The Life at White Pines

Eagle Creek Apartments
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!

Island Club Apartment Homes

Pier 39 Apartments & Townhomes

Pebble Point

Center Point

Wylde at Eagle Creek

Waterfront Pointe

Meadows Apartments

Darby Court

Eagle Creek Court

Woodhaven Park
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.

Marabou Mills

6827 Azalea Dr

Scarborough Lake Apartments

3701 Magenta Ln, Unit 3701 Magenta Ln UNIT 4

7462 Carnation Ln

2999 Eagles Crest Cir

3134 Ashway Dr

4344 Braemar Dr

6854 Scotia Ct

6002 Gateway Dr

4332 Exmoor Ct

5837 Walsham Way
Navigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

2318 Lammermoor Cir

7728 Platini Pl

6732 Kinnerton Dr

1804 Shorter Ct

6653 Stanhope Way

4362 Fullwood Ct

4921 May Ridge Ln

1844 Venona Dr

7569 Cherryhill Dr

6879 Oak Lake Dr
How 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.

6827 Azalea Dr
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 | $833 | $740 | $900 |
Island Village 1 Bedroom Apartments | $1,203 | $707 | $2,682 |
Island Village 2 Bedroom Apartments | $1,413 | $875 | $2,795 |
Island Village 3 Bedroom Apartments | $1,738 | $1,320 | $3,044 |
Island Village 4 Bedroom Apartments | $2,399 | $2,399 | $2,399 |
Browse Apartments in this Neighborhood
There are currently 103 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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Quick 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 #74
Among neighborhoods in Indianapolis, IN for Apartment listings with Pet Friendly Amenities
Pet Friendliness Lifestyle Score
4.0Pet 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 4.0 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 4.0 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 4.0 out of 4.
Frequently Asked Questions about Island Village
How much are Studio apartments in Island Village?
There are currently 8 Studio Apartments in Island Village with rent ranges from $740 to $900 with an average price of $833.
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 $707 to $2,682 with an average monthly rent of $1,203.
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 $875 to $2,795. Today's average rental price for Two Bedrooms here is $1,413.
How expensive are Island Village Three Bedroom Apartments?
There are currently 26 Three Bedroom Apartments listings available in Island Village on ApartmentHomeLiving.com. The pricing ranges from $1,320 to $3,044 - averaging $1,738 for the location.
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.

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.

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.

The Art of the Rental Viewing: What to look for during a property tour
Written by: Marie Brown
You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

Know Your Budget: Calculating What You Can Realistically Afford When Renting
Written by: Lauren Harrington
Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.