
Apartments for Rent in the Lockerbie Square Neighborhood of Indianapolis, IN (250 Rentals)


Wesmont

Assembly

Van Rooy Downtown Leasing

Ardmore Apartments

The E'Laan

Lockerbie Lofts

220 Meridian

CityWay

Slate Apartments
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Total Monthly Price
9 On Canal

Mozzo apartments

Cosmopolitan on the Canal

Canal Square

Pembroke Place

Artistry Indy

The Leo

Nine+Eighteen

360 Market Square

Penn Street Tower Apartments
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Pulliam Square

Axis

Riley Towers

522 Fletcher Ave

Priscilla on Pennsylvania

Circa Apartments

Lofts on Madison

Canal Overlook Apartments

Circle City

Devonshire Apartments
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333 Penn Apartments

Maxwell Apartments

The Continental Towers at Vermont Place

INDY FLATS

1010 Central

Genesee Apartments

Garden Arch Apartments

Apollo & Aurora Apartments

Line Lofts

The Washington
Lockerbie Square - 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!

College Manor

The Davlan

St. Agnes Apartments

Total Monthly Price
829 N Pennsylvania St, Unit 2B

611 N Park Ave, Unit #216

721 E North St, Unit 4C

232 E 10th St

1532 N College Ave

421 N Pennsylvania St

1406 Marlowe Ave, Unit 2
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Lockerbie Square, Indianapolis, IN Local Guide

How much does it cost to rent an apartment in Lockerbie Square?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Lockerbie Square Studio Apartments | $1,341 | $705 | $4,650 |
| Lockerbie Square 1 Bedroom Apartments | $1,655 | $800 | $4,049 |
| Lockerbie Square 2 Bedroom Apartments | $2,196 | $846 | $4,758 |
| Lockerbie Square 3 Bedroom Apartments | $2,987 | $1,300 | $7,290 |
| Lockerbie Square 4 Bedroom Apartments | $6,987 | $6,987 | $6,987 |
How much does it cost to rent a home in Lockerbie Square?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| 2 Bedroom Homes | $2,064 | $1,025 | $3,800 |
| 3 Bedroom Homes | $2,321 | $1,300 | $4,259 |
| 4 Bedroom Homes | $3,487 | $2,225 | $4,750 |
Browse Apartments in this Neighborhood
There are currently 250 rentals with your search options within a 1 mile radius of the Lockerbie Square Neighborhood of Indianapolis, IN.
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Lockerbie Square, Indianapolis, IN Local Guide
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Read ArticleYour Guide to Picking the Perfect Indianapolis Neighborhood for Student Renters
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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 LifestyleLockerbie Square, Indianapolis, IN
Ranked #14
Among cities in Indiana for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Lifestyle Ratings
ApartmentHomeLiving.com works hard to bring you our detailed rental search system called 'Lifestyle ratings', composed of rentals in metropolitan areas across the United States and customized analysis for Central Indianapolis, IN. LifeStyle Ratings are the best way to sort through finding a place to live - beyond price and floorplan. This takes in many factors including searching for the best amenities, and proximity to parks, family-friendly amenities, raising pets, transit options, walking, and biking. These search options are in the site filters at the top of this page.
Family-Friendly Rating
Do you have younger kids? Amongst all of the submarkets in Indianapolis, Lockerbie Square ranks as one of our preferred submarkets for families, with a score of 4.0 out of 4. Family Friendly ratings are based on community features and environments that help parents and children to thrive. This includes features like parks, pet amenities, playgrounds, and access to highly-rated school districts.
Outdoors Rating
Do you like the outdoors? this residential area is a highly-rated area for its the great outdoors, with a score of 4.0 out of 4.
Luxury Living Rating
This area has established a name for itself as one of the A-list higher-end neighborhoods in town, with a score of 4.0 out of 4. Luxury Lifestyle Scoring is based on having high-end community amenities like saunas, pools, sport courts, maid services, park views, easy access to green space, and nice home amenities like granite or quartz countertops and stainless steel appliances. Other luxury items often include tile or hardwood floors, raquetball courts, and for some communities, even a doorman to greet residents.
Pet Friendly Rating
This neighborhood has now become known as amongst the finest communities for renters with pets, with a score of 4.0 out of 4.
Frequently Asked Questions about Lockerbie Square
What is the current pricing and availability for apartments for rent in the Lockerbie Square area of Indianapolis, IN?
As of today, July 27, 2026, there are currently 250 available Lockerbie Square apartments priced from $705 to $7,290, with an average monthly rent of $1,834.
How much are Studio apartments in Lockerbie Square?
There are currently 99 Studio Apartments in Lockerbie Square with rent ranges from $705 to $4,650 with an average price of $1,341.
What is the current price range for One Bedroom Lockerbie Square Apartments for rent?
Today's rental pricing for One Bedroom Apartments in Lockerbie Square ranges from $800 to $4,049 with an average monthly rent of $1,655.
What does renting a Two Bedroom Apartment in Lockerbie Square cost?
The monthly rent prices of Two Bedroom Apartments currently available in Lockerbie Square range from $846 to $4,758. Today's average rental price for Two Bedrooms here is $2,196.
How expensive are Lockerbie Square Three Bedroom Apartments?
There are currently 29 Three Bedroom Apartments listings available in Lockerbie Square on ApartmentHomeLiving.com. The pricing ranges from $1,300 to $7,290 - averaging $2,987 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

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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.