
Apartments for Rent in the Towne and Terrace Neighborhood of Indianapolis, IN (76 Rentals)


Serenity Park Apartments

Kingston Square Apartments

The Lenox Apartment Homes

Shadeland Terrace Townhomes w/Full Basements

Spanish Oaks

Harrison Point Apartments

Total Monthly Price
The Otis at Fort Ben Apartments

The Vineyards Apartment Homes

Brookhaven 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.

Harrison Place Apartments

Northampton Village Apartments

Apartments @ Marten Court

Warren Harbor Apartments

Fountainview Apartments

The Reserve at Franklin Glenn

Jamestowne Apartments

Country Lake Estates

The Life at Harrison Trails

Country Lake Townhomes
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.

Lake Marina Apartments

Teal Run Apartments

Willow Glen East

Bavarian Village Apartments

Total Monthly Price
M Club Apartments

Cedar Ridge

Sunspring Apartments

Carriage House East

Franklin Studios

Bristol Square
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.

Willowood East

Wyndham Hall

Crosswinds

Parkhaven Apartment Homes

Olivewood

Benjamin Court

Furnished Studio-Indianapolis - Lawrence

7161 E Pleasant Run Pkwy S Dr, Unit 1

4985 N Franklin Rd, Unit 1

8738 Montery Rd
Towne and Terrace - 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!

9354 Kingsboro Ct

3967 Downes Dr

8041 E 34th St

8302 E 36th St

3938 Biscayne Rd

9438 Conried Dr

3829 Biscayne Rd

3823 Biscayne Rd

3821 Biscayne Rd

3815 Biscayne Rd
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.
Towne and Terrace, Indianapolis, IN Local Guide

How much does it cost to rent an apartment in Towne and Terrace?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Towne and Terrace Studio Apartments | $865 | $819 | $889 |
| Towne and Terrace 1 Bedroom Apartments | $991 | $794 | $1,150 |
| Towne and Terrace 2 Bedroom Apartments | $1,153 | $969 | $1,439 |
| Towne and Terrace 3 Bedroom Apartments | $1,524 | $1,401 | $1,599 |
Browse Apartments in this Neighborhood
There are currently 76 rentals with your search options within a 2 mile radius of the Towne and Terrace Neighborhood of Indianapolis, IN.
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Towne and Terrace, 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.
Lifestyle Ratings
ApartmentHomeLiving brings you comprehensive Lifestyle Ratings of rentals and neighborhoods across the USA, including Towne and Terrace, Indianapolis, and the greater Indianapolis area. LifeStyle Ratings are the best way to sort through finding a place to live - beyond price and floorplan. This takes in many factors including filtering automatically for outdoor amenities like tennis courts, luxury housing options, transit availability, pet-friendly communities, family-friendliness, and much more. Find Lifestyle Search in the filter options (above). Happy Searching!
Frequently Asked Questions about Towne and Terrace
How much are Studio apartments in Towne and Terrace?
There are currently 10 Studio Apartments in Towne and Terrace with rent ranges from $819 to $889 with an average price of $865.
What is the current price range for One Bedroom Towne and Terrace Apartments for rent?
Today's rental pricing for One Bedroom Apartments in Towne and Terrace ranges from $794 to $1,150 with an average monthly rent of $991.
What does renting a Two Bedroom Apartment in Towne and Terrace cost?
The monthly rent prices of Two Bedroom Apartments currently available in Towne and Terrace range from $969 to $1,439. Today's average rental price for Two Bedrooms here is $1,153.
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

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.

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.