FREE Search for Indianapolis Apartments and Homes

While it probably comes as no surprise that Indianapolis is only Indiana's largest city, you may not also know that it's also the 12th largest city in the United States, with a population of more than 800,000. It.s not just size that gives this Midwestern city its prominence; it's been ranked as number eight on a list of "America.s Best Places to Live & Work," based on its economic growth, urban renewal and community focus. It all combines to make Indianapolis a great place to explore apartment rentals.

Quality of Life
Hoosiers (the nickname for Indiana residents) appreciate Indianapolis's mixture of big-city amenities and Midwestern values and friendliness. For those who love the great outdoors, plenty of recreation opportunities are available nearby. Sportsmen and nature lovers enjoy the state's abundant forests, nature preserves and wildlife and fish areas. For those who prefer to be spectators rather than participants in their sports events, they can take their pick from the Indiana Pacers professional basketball team, the Indianapolis Colts in pro football, and of course the annual Indianapolis 500 race, held every Memorial Day. Looking to explore the city.s historical and cultural offerings? Check out the State Capitol (built in 1878), the Indiana State Museum and the Children's Museum of Indianapolis (the largest children's museum in the world!).

And what are people likely to find when they step out of their Indianapolis apartments? A mild year-round climate makes Indianapolis a comfortable place to live, and the city consistently ranks as one of the safest, cleanest and most affordable cities in the nation.

Where the Jobs Are
If you're looking for a new place to live, a new job and new apartments for rent all at the same time, Indianapolis is a great city to make your new home. The city's unemployment rate is at about 4.5%, lower than the state of Indiana's rate of 5% and the nation's rate of 6%. Employment is on the rise in retail, transportation, utilities and government. Other major industries include agriculture, electronics, pharmaceuticals, finances, printing, publishing and other manufacturing.

Cost of Living & Apartment Prices
With an overall cost of living at 7% below the national average, Indianapolis is an affordable city; you're likely to find that affordability in the prices of the city's apartment rentals. In fact, the city's housing costs are among the least expensive of the country's other major metro areas. The cost of apartments for rent is about 8% below the national average, with a median price of $580 per month. Average 2-bedroom, 2-bath apartments cost about $535 per month.

Neighborhoods to Explore
Downtown Indianapolis offers some of the most interesting and attractive choices in apartments for rent, ranging from high-rises to small, charming complexes adjacent to lakes or parks. If you.re looking to live in the lap of luxury, you'll find many high-end apartments on the north side of town.