Apartments in Indianapolis

1 - 30 of 664 Results
35
3D Tour
$949 - 1,149
6875 Faris Avenue Indianapolis, IN
1 - 2 BR | Available Now
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31
$1,443
8045 Rockville Rd Indianapolis, IN
Studio | Available Now
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Short-term
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63
$1,039 - 3,277
Deal
4.0
1224 Prospect St Indianapolis, IN
Studio - 2 BR | Available Now
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12
Call for Pricing
5302 Woodbrook Drive Indianapolis, IN
1 - 2 BR | Available Now
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37
$1,353
9515 Pendleton Pike Indianapolis, IN
Studio | Available Now
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Short-term
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39
$1,649 - 3,267
Deal
3.4
5858 N College Ave Indianapolis, IN
1 - 3 BR | Available Now
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30
$1,150 - 2,910
7545 Bayview Club Drive Indianapolis, IN
1 - 3 BR | Available Now
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30
$1,424 - 2,755
2030 Runaway Bay Drive Indianapolis, IN
2 - 3 BR | Available Now
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15
$625 - 1,489
3417 N Rybolt Ave Indianapolis, IN
Studio - 2 BR | Available Now
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15
$812 - 1,802
5505 Scarlet Drive Indianapolis, IN
Studio - 3 BR | Available Now
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29
3D Tour
$1,195 - 2,930
5812 Beatle Dr. Indianapolis, IN
1 - 3 BR | Available Now
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Luxury
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81
$1,699 - 2,029
Deal
114 W Market St Indianapolis, IN
1 BR | Apr. 27, 2024
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Furnished
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Luxury
In Unit Laundry
14
$590 - 770
3710 N Meridian St Indianapolis, IN
Studio - 1 BR | Available Now
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23
$805 - 1,650
5018 Lemans Dr Indianapolis, IN
Studio - 4 BR | Available Now
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17
$808 - 1,686
2638 Cold Spring Manor Dr Indianapolis, IN
1 - 2 BR | Available Now
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14
$760 - 2,377
4555 N Arlington Ave Indianapolis, IN
1 - 3 BR | Mar. 21, 2024
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Townhome
Covered Parking
Balcony/Deck/Patio
37
$1,627
2730 Fortune Cir Indianapolis, IN
Studio | Available Now
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Short-term
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15
$895 - 1,552
10101 E Montery RD Indianapolis, IN
1 - 2 BR | Available Now
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51
$1,768
5350 W Southern Ave Indianapolis, IN
Studio | Available Now
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12
$756 - 1,108
1366 N Arlington Ave Indianapolis, IN
2 BR | Available Now
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13
$714 - 1,209
4417 Linwood Ct Indianapolis, IN
1 - 2 BR | Available Now
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9
$929 - 1,435
7955 Kingsmead Dr Indianapolis, IN
1 - 4 BR | Available Now
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22
$1,086 - 1,268
4020 Hanna Village Drive Indianapolis, IN
Studio - 3 BR | Available Now
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25
$458 - 1,027
3777 N Meridian St Indianapolis, IN
Studio - 2 BR | Available Now
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Income Restricted
Fitness Center
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18
$1,190 - 1,269
8905 Evergreen Ave Indianapolis, IN
1 - 2 BR | Available Now
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Senior Community
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Balcony/Deck/Patio
39
$1,379
7940 N Shadeland Ave Indianapolis, IN
Studio | Available Now
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Short-term
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9
$854 - 1,055
2774 Pixel Road Indianapolis, IN
1 - 2 BR | Available Now
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42
$1,680
9370 Waldemar Rd Indianapolis, IN
Studio | Available Now
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22
$908 - 1,455
3215 Joey Way Indianapolis, IN
1 - 4 BR | Available Now
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Income Restricted
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48
$1,622
8520 Northwest Blvd Indianapolis, IN
Studio | Available Now
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1 - 30 of 664 Results
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How much does it cost to rent an apartment in Indianapolis?

Indianapolis Apartments
Bed Type Average Rent Range
Studio $890 $510 - $1,490
1BR $1,000 $680 - $1,590
2BR $1,230 $740 - $1,920
3BR $1,480 $860 - $2,380
4+BR $1,640 $930 - $6,500

Find a Indianapolis Apartment

Racing, football, basketball and basically all other forms of competition are at the heart of Indianapolis. It is the capitol of the state, the largest city in Indiana, and home to more than 800,000 people. Government agencies are some of the largest and most important employers in the city, but it also has a strong manufacturing backbone. Tourism due to the sporting events hosted in the city, especially racing, also provides a strong boost to the local economy.

Indianapolis is famous for its downtown. The city compresses a huge amount of shopping, dining and other services into a small area that is easily traveled by foot. However, most people are visiting the downtown as a side-trip. The real thing that draws people to Indianapolis is the Indianapolis 500, an event so popular it is estimated to have more than 300,000 people attend it annually.

When to Search

When you need to rent a place in Indianapolis, avoid looking in May. The problem with May is that many people with suites available for rent will rent them out to tourists coming to town to take in the Indy 500. If you look in June though, the tourists are gone and many people will be looking to rent out their available units.

Staying in the Know

Applying for an apartment in Indianapolis should be treated like applying for a job. Just like you want an employer to form a good opinion of you and hire you, you want a landlord to extend you the trust of letting you live in a property they own. You do this the same way, by convincing them that you are professional, responsible and by providing good references.

Life in Indianapolis

Transportation

The best method to get around Indianapolis depends on where you want to go. The closer you're staying to the city center, the better the bus is suited to your needs. For the interior of the city, it is fast, clean and efficient. However, if you want to get outside the interior, a car is really helpful, as bus routes are less frequent and in some cases not available at all to certain outlying areas.

Where to play

If you get a chance to attend a college football or basketball game, or a racing event, you'll get a real feel for what Indianapolis is all about. There are also museums celebrating the NCAA and the Motor Speedway Hall of Fame to visit on days without events. With more than a dozen golf courses available from the city, those who love a slower sport have lots to keep them entertained as well. Indy is also well known for its music, so visit Birdy's and the Chatterbox to experience some after-hours culture.

Neighborhoods

Search Cities Near Indianapolis, IN

Campuses Nearby

Indianapolis:
March Rent Report

Welcome to the March 2024 Indianapolis Apartment Report. In this assessment of the local rental market, Rentable data scientists and rental experts break down the March 2024 key findings and figures for the Indianapolis rental landscape.

Our experts analyze the pricing trends — one-bedroom, two-bedroom, year-over-year and month-over-month — in Indianapolis and surrounding areas and provide comparisons to the entire metro area, nearby cities and some of the most desirable and expensive cities in the United States. Take a look at the last 12 months of Indianapolis average rent prices in the chart below.

Monthly Rent Report

$1,300
$980
$650
$330
$0
Apr. 2023
May. 2023
Jun. 2023
Jul. 2023
Aug. 2023
Sep. 2023
Oct. 2023
Nov. 2023
Dec. 2023
Jan. 2024
Feb. 2024
Mar. 2024
1 BR       2 BR

Indianapolis Rent Prices Decrease From February to March

Indianapolis rent prices decreased over the last month. From February to March, the city experienced a -0.31% decrease for the price of a one-bedroom apartment. The rent price for a Indianapolis one-bedroom apartments currently stands at $980.0.

When we take a look at the two-bedroom comparison from February to March, Indianapolis experienced a 0.9% increase for the price of a two-bedroom apartment. The rent price for a Indianapolis two-bedroom apartments currently stands at $1,231.0.

March Prices: Indianapolis vs. Surrounding Areas

Whitestown, IN
Fishers, IN
Carmel, IN
Plainfield, IN
Noblesville, IN
Westfield, IN
Greenwood, IN
Indianapolis, IN
$1,638
$1,459
$1,445
$1,437
$1,338
$1,302
$1,065
$983
$0
$550
$1,100
$1,650
$2,200
Median 1 BR Rent

Rent Prices in Indianapolis and Surrounding Areas

Rent prices have decreased in Indianapolis over the last month. But how have the surrounding areas fared when it comes to the recent volatility in apartment prices? Rent prices in 3 of the Indianapolis suburbs increased last month. On the other hand, 4 local areas experienced a decrease in the price of a one-bedroom apartment.

More key findings include:

  • Rent increased in Carmel, IN, Whitestown, IN, Noblesville, IN .

  • Rent decreased in Greenwood, IN, Plainfield, IN, Fishers, IN, Westfield, IN.

  • 7 suburbs are currently priced higher than the city of Indianapolis.

March 2024 Pricing Trends: Indianapolis vs. National Comparisons

New York, NY
San Francisco, CA
Los Angeles, CA
Washington, DC
Chicago, IL
Minneapolis, MN
Columbus, OH
Pittsburgh, PA
Indianapolis, IN
$3,976
$3,029
$2,358
$2,336
$1,866
$1,310
$1,235
$1,124
$983
$0
$1,300
$2,600
$3,900
$5,200
Median Rent

Indianapolis Rent Prices More Affordable Than Major Cities

Rent growth in Indianapolis over the past year has been declining. When compared to major cities nearby, along with some of the most expensive cities in the country, Indianapolis average rent prices appear to be relatively affordable for local residents.

The price for a Indianapolis one-bedroom apartment remains vastly more affordable than four of the largest cities in the United States — New York City, Washington, D.C. San Francisco and Los Angeles. And pricing compares quite similarly to nearby Midwest cities.

For more information about Indianapolis and surrounding area rent prices, take a look at the complete data set below.

Data set for Indianapolis and suburbs

1 BR March 1 BR M/M % Change 2 BR March 2 BR M/M % Change
Indianapolis, IN $983.0 0.51% $1,220.0 0.41%
Carmel, IN $1,445.0 1.69% $1,615.0 -0.06%
Greenwood, IN $1,065.0 -0.65% $1,290.0 0.39%
Whitestown, IN $1,638.0 0.80% $1,791.0 0.90%
Plainfield, IN $1,437.0 -1.64% $1,711.0 -0.23%
Fishers, IN $1,459.0 -2.02% $1,898.0 1.71%
Noblesville, IN $1,338.0 0.75% $1,640.0 1.05%
Westfield, IN $1,302.0 -1.29% $1,514.0 -2.26%

Methodology

Each month, using over 1 million Rentable listings across the United States, we calculate the median 1-bedroom and 2-bedroom rent prices by city, state, and nation, and track the month-over-month percent change. To avoid small sample sizes, we restrict the analysis for our reports to cities meeting minimum population and property count thresholds.