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Apartments in Indianapolis

1 - 30 of 643 Results
63
$999 - 3,408
Edge 35
Deal
4.0
1224 Prospect St Indianapolis, IN
Studio - 2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Virtual Tour
Air Conditioning
In Unit Laundry
12
Call for Pricing
Woodbrook Apartments
4.2
5302 Woodbrook Drive Indianapolis, IN
1 - 3 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Air Conditioning
Covered Parking
Fitness Center
37
$1,139
Indianapolis - Lawrence
9515 Pendleton Pike Indianapolis, IN
Studio | Available Now
Contact
Dog Friendly
Cat Friendly
Short-term
Air Conditioning
Covered Parking
35
3D Tour
$949 - 1,149
Lawrence Landing
4.4
6875 Faris Avenue Indianapolis, IN
1 - 2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Virtual Tour
Luxury
Air Conditioning
30
$1,195 - 2,865
Bayview Club Apartments
Deal
7545 Bayview Club Drive Indianapolis, IN
1 - 3 BR | Available Now
Contact
Luxury
In Unit Laundry
Balcony/Deck/Patio
Fitness Center
Storage
31
$1,139
Indianapolis - West
8045 Rockville Rd Indianapolis, IN
Studio | Available Now
Contact
Dog Friendly
Cat Friendly
Short-term
Air Conditioning
Covered Parking
39
$1,564 - 2,946
The MK
Deal
3.4
5858 N College Ave Indianapolis, IN
1 - 2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Virtual Tour
Air Conditioning
In Unit Laundry
15
$754 - 857
Lakes At Crossbridge
2.8
7925 Crossbridge Dr Downtown Indianapolis, IN
1 - 2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Income Restricted
Air Conditioning
Fitness Center
15
$801 - 1,473
Vineyards Apartments
10101 E Montery RD Indianapolis, IN
1 - 2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Air Conditioning
Covered Parking
Balcony/Deck/Patio
9
$900 - 1,139
Reserve At White River
3.8
2774 Pixel Road Indianapolis, IN
1 - 2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Senior Community
Luxury
Air Conditioning
22
$908 - 1,455
Lynhurst Park Apartments
2.6
3215 Joey Way Indianapolis, IN
1 - 4 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Senior Community
Income Restricted
Air Conditioning
25
$458 - 1,027
The Enclave At Meridian Apartments
3.2
3777 N Meridian St Indianapolis, IN
Studio - 2 BR | Available Now
Contact
Income Restricted
Fitness Center
Dishwasher
42
$1,698
Indianapolis - Northwest - I-465
9370 Waldemar Rd Indianapolis, IN
Studio | Available Now
Contact
Dog Friendly
Cat Friendly
Short-term
Air Conditioning
Covered Parking
39
$1,658
Indianapolis - Castleton
7940 N Shadeland Ave Indianapolis, IN
Studio | Available Now
Contact
Dog Friendly
Cat Friendly
Short-term
Air Conditioning
Covered Parking
21
3D Tour
$1,040 - 2,145
Avery Point Apartments
Deal
8525 Laurel Valley Dr. Indianapolis, IN
1 - 2 BR | Available Now
Contact
Luxury
Covered Parking
In Unit Laundry
Balcony/Deck/Patio
Fitness Center
17
$809 - 1,764
Hills Apartments
5500 Pleasant Hill Circle Indianapolis, IN
1 - 3 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Balcony/Deck/Patio
Fitness Center
Dishwasher
16
$828 - 1,813
Fields Apartments
3215 N Alton Ave Indianapolis, IN
1 - 3 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Air Conditioning
Balcony/Deck/Patio
Dishwasher
14
$707 - 2,291
Prairies Apartments
4555 N Arlington Ave Indianapolis, IN
1 - 3 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Townhome
Covered Parking
Balcony/Deck/Patio
28
$550 - 1,350
34 North Apartments
3402 N Meridian St Indianapolis, IN
Studio - 4 BR | Available Now
Contact
Income Restricted
Air Conditioning
Fitness Center
Storage
16
$850 - 971
Preston Pointe Senior Apartments
3.2
5910 E 12Th St Indianapolis, IN
1 - 2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Senior Community
Luxury
Income Restricted
19
$989 - 1,185
Teal Run
4.5
2302 Windsong Drive Indianapolis, IN
1 - 2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Luxury
Air Conditioning
Covered Parking
14
$705 - 875
Meridian Towers Apartments
3710 N Meridian St Indianapolis, IN
1 - 2 BR | Available Now
Contact
Heat Included
Dog Friendly
Cat Friendly
Air Conditioning
Fitness Center
17
$750 - 1,584
Riverside Apartments
2638 Cold Spring Manor Dr Indianapolis, IN
1 - 3 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Air Conditioning
Covered Parking
Dishwasher
23
$670 - 1,643
Groves Apartments
5018 Lemans Dr Indianapolis, IN
Studio - 4 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Covered Parking
Balcony/Deck/Patio
Fitness Center
51
$1,620
Indianapolis - Airport - W. Southern Ave.
5350 W Southern Ave Indianapolis, IN
Studio | Available Now
Contact
Dog Friendly
Cat Friendly
Short-term
Air Conditioning
Covered Parking
82
$1,699 - 2,029
The Block
Deal
114 W Market St Indianapolis, IN
1 BR | Available Now
Contact
Furnished
Dog Friendly
Cat Friendly
Luxury
In Unit Laundry
15
$746 - 1,926
Meadows Apartments
5505 Scarlet Drive Indianapolis, IN
Studio - 3 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Covered Parking
Balcony/Deck/Patio
Storage
9
$929 - 1,425
Canterbury House - Indianapolis Franklin Road (Phase II)
2.3
7955 Kingsmead Dr Indianapolis, IN
1 - 4 BR | Available Now
Contact
Air Conditioning
Balcony/Deck/Patio
Storage
Dishwasher
Pool
22
$1,086 - 1,432
Hanna Village Apartments
2.2
4020 Hanna Village Drive Indianapolis, IN
Studio - 3 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Air Conditioning
In Unit Laundry
Balcony/Deck/Patio
25
$989 - 999
Brookhaven At County Line Senior Apartments
3.0
940 Wild Indigo Ln Indianapolis, IN
1 - 2 BR | Available Now
Contact
Senior Community
In Unit Laundry
Balcony/Deck/Patio
Fitness Center
Disability Access
1 - 30 of 643 Results
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How much does it cost to rent an apartment in Indianapolis?

Indianapolis Apartments
Bed Type Average Rent Range
Studio $880 $500 - $1,600
1BR $1,000 $660 - $1,590
2BR $1,200 $740 - $1,900
3BR $1,500 $870 - $2,340
4+BR $1,580 $900 - $6,500
Frequently Asked Questions

How many apartments are available in Indianapolis, IN on Rentable.co?

Rentable.co has over 51,098 apartments available in Indianapolis.

What is the average rent for a studio apartment in Indianapolis, IN?

The average rent for a studio apartment in Indianapolis is around $880 per month.

What is the average rent for a one-bedroom apartment in Indianapolis, IN?

The average rent for a one-bedroom apartment in Indianapolis is around $1,000 per month.

What is the average rent for a two-bedroom apartment in Indianapolis, IN?

The average rent for a two-bedroom apartment in Indianapolis is around $1,200 per month.

How expensive is it to rent an apartment in Indianapolis, IN?

For a two-bedroom apartment in Indianapolis, the average rent price is $1,200 per month, which is lower than the national average of $1,630 per month.

Can I afford an apartment for rent in Indianapolis, IN?

Based on average rent prices in Indianapolis, to afford a studio apartment you would need an annual household income of $35,000 to live comfortably.

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

Downtown Indianapolis
Fletcher Place
Herron Morton
Kingpark
Lexington Farms
Mapelton
Martindale
Old Northside
Riley
St Joseph
Upper Canal
West Indianapolis
Woodruff Place

Search Cities Near Indianapolis, IN

Beech Grove, IN
Speedway, IN
Greenwood, IN
Camby, IN
Avon, IN
Plainfield, IN
Brownsburg, IN
Zionsville, IN
Carmel, IN
Fishers, IN
McCordsville, IN
Pittsboro, IN
Whitestown, IN
Westfield, IN
Danville, IN
Fortville, IN
Noblesville, IN
Franklin, IN
Greenfield, IN
Lebanon, IN

Campuses Nearby

Indiana University - Purdue University Indianapolis
Butler University
Ivy Tech Community College-Central Indiana
University of Indianapolis
Purdue University Global

Indianapolis:
April Rent Report

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

Indianapolis rent prices decreased over the last month. From March to April, 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 March to April, 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.

April Prices: Indianapolis vs. Surrounding Areas

Whitestown, IN
Carmel, IN
Fishers, IN
Plainfield, IN
Noblesville, IN
Greenwood, IN
Indianapolis, IN
$1,675
$1,494
$1,459
$1,445
$1,376
$1,061
$980
$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 4 of the Indianapolis suburbs increased last month. On the other hand, 2 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, Plainfield, IN .

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

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

April 2024 Pricing Trends: Indianapolis vs. National Comparisons

New York, NY
San Francisco, CA
Washington, DC
Los Angeles, CA
Chicago, IL
Minneapolis, MN
Columbus, OH
Pittsburgh, PA
Indianapolis, IN
$3,994
$3,038
$2,355
$2,347
$1,893
$1,300
$1,264
$1,145
$980
$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 April 1 BR M/M % Change 2 BR April 2 BR M/M % Change
Indianapolis, IN $980.0 -0.31% $1,231.0 0.90%
Carmel, IN $1,494.0 3.39% $1,784.0 10.46%
Whitestown, IN $1,675.0 2.26% $1,831.0 2.23%
Greenwood, IN $1,061.0 -0.38% $1,289.0 -0.08%
Fishers, IN $1,459.0 0.00% $1,882.0 -0.84%
Noblesville, IN $1,376.0 2.84% $1,681.0 2.50%
Plainfield, IN $1,445.0 0.56% $1,715.0 0.23%

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.

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