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Indianapolis, IN Apartments For Rent

Beds

1,960 Apartments

Indianapolis Apartments Options

Average Rent in Indianapolis, IN

Avg. RentAnnual Change
Indianapolis Studio - $1,295+9%
Indianapolis 1 Bed - $1,205+4%
Indianapolis 2 Beds - $1,398+3%

Local Guide

See what Indianapolis, IN has to offer.

Local Reviews

I like the locked entry way to our apartments. We live close to a lot of different resaurants and stores

I like all the trees and that people can walk their dogs in the street. I like that the neighborhood is well lit and people usually have extra garage lights and yard lights on.

It is unique because it has the best schools and grocery stores, restaurants and pharmacies. My favorite restaurant/bar is literally walking distance from my apartment. I like going to the bar and the restaurants that are in the area.

It's close to broadripple and down town for food and drinks. I like the options in the area. Target is close by.

On the upside, I am close to dollar stores and a grocery store. Thee are 4 churches in my street. I live above a bar. My landlord lives on -sire.

My neighborhood is unique with the variety of different cultures. My house is an 8 minute walk to my favorite Mexican restaurant. I like going to the nearby bar & grill to meet up with some of my close friends.

Affordability

Percentage: 3/53/5

Renters gave this area a 3 out of 5 for affordability

*The rent information included in this summary is based on a median calculation of multifamily rental property inventory on Apartment Guide and Rent.com over the past 12-months and is for illustrative purposes only. This information does not constitute a pricing guarantee or financial advice related to the rental market.

Rent Trends

Average rent in Indianapolis, IN

In Indianapolis, IN, as of 2024, the average rent for apartments ranges from $1,205 to $1,398. Specifically, the average rent for a studio apartment in Indianapolis, IN is $1,295. For those seeking a 1-bedroom apartments, the average rent is $1,205. And for a 2-bedroom apartment, renters can expect to pay an average of $1,398.

Annual Rent Change Over the Past 12 Months

Studio

+9%

Changed from $1,188 to $1,295
1 Bed

+4%

Changed from $1,159 to $1,205
2 Beds

+3%

Changed from $1,357 to $1,398

Rent Ranges

Apartment PricesProportion
3%
13%
23%
43%
18%

Compare Other Cities

CityStudio Avg RentAnnual Change
Fishers$1,305+8%
Carmel$1,292+15%
Bloomington$1,232+6%
Whitestown$1,163--
Brownsburg$1,160-6%
Noblesville$1,097-1%
Crawfordsville$1,095+39%
Westfield$1,073-20%
Greenwood$963-16%
Lebanon$850--
Columbus$730+5%
Kokomo$715+8%
City1 Bed Avg RentAnnual Change
Whitestown$1,730-4%
Carmel$1,610+4%
Westfield$1,494+4%
Zionsville$1,462+4%
Noblesville$1,363+3%
Brownsburg$1,265-16%
Avon$1,265-4%
Bloomington$1,242+5%
Fishers$1,195-25%
Columbus$1,172-8%
Camby$1,125+91%
Greenwood$1,122-11%
Greenfield$1,059-6%
Beech Grove$1,052+5%
Lebanon$975+17%
Franklin$960+19%
Kokomo$912+10%
Plainfield$870+4%
Anderson$783+6%
Crawfordsville$600-20%
City2 Beds Avg RentAnnual Change
Carmel$2,038+8%
Westfield$1,767+6%
Whitestown$1,765-5%
Zionsville$1,663-11%
Camby$1,625+132%
Avon$1,547-1%
Bloomington$1,430+7%
Fishers$1,405-32%
Brownsburg$1,388-27%
Greenwood$1,363-13%
Noblesville$1,340-8%
Columbus$1,330+1%
Greenfield$1,232-4%
Plainfield$1,210+5%
Franklin$1,160+23%
Beech Grove$1,159+1%
Crawfordsville$1,095+10%
Lebanon$1,089+10%
Kokomo$1,037+12%
Anderson$949+11%

Compare Neighborhoods

Chapel Hill - Ben Davis

$574

1 Bed Avg. Rent

Martindale - Brightwood

$675

1 Bed Avg. Rent

North Perry

$705

1 Bed Avg. Rent

What are the most affordable neighborhoods in Indianapolis, IN?

For renters in Indianapolis seeking more affordable options, the neighborhoods to watch are Chapel Hill - Ben Davis, Martindale - Brightwood, and North Perry, where average rents for 1-bedroom apartments stand at $574, $675, and $705 respectively. Additional areas offering value are Crown Hill and Irvington, where the rents are $725 and $729, a favorable comparison to Indianapolis's overall 1-bedroom average of $1,205.

What are the most expensive neighborhoods in Indianapolis, IN?

In Indianapolis, the neighborhoods commanding the highest rents are Meridian Kessler, Broad Ripple Village, and Fountain Square. A 1-bedroom apartment in Meridian Kessler averages at $2,020, in Broad Ripple Village it averages $1,749, and in Fountain Square, the average is $1,658. For additional high-end living options, Fletcher Place offers 1-bedroom apartments at $1,615, and Near Northside at $1,456. These rates compare to the overall average rent of $1,205 for a 1-bedroom apartment in Indianapolis, highlighting the premium nature of these specific neighborhoods.

What are the most popular neighborhoods in Indianapolis, IN?

In Indianapolis, the most sought-after neighborhoods for renters include Near Northside, Martindale - Brightwood, and Mapleton - Fall Creek. In Near Northside, the average rent for a 1-bedroom apartment is $1,456. Martindale - Brightwood sees average rents of $675 for a 1-bedroom unit. Mapleton - Fall Creek offers similar appeal with 1-bedroom apartments averaging $1,285. For those seeking other popular areas, Near Eastside presents 1-bedroom apartments at $997, and Old Northside at $764. These prices are set against the backdrop of the city-wide average of $1,205 for a 1-bedroom apartment in Indianapolis, underscoring the popularity of these particular neighborhoods.

NeighborhoodStudio Avg RentAnnual Change
Mass Ave$1,702+40%
West Side$1,589+45%
Chapel Hill - Ben Davis$1,559+21%
North Meridian$1,450-7%
Meridian Kessler$1,444--
Broad Ripple Village$1,424-11%
Garden City$1,402+8%
Downtown Indianapolis$1,372+10%
Fletcher Place$1,3400%
Fountain Square$1,332+28%
I65-South Emerson$1,300--
North Side$1,230+7%
Mass Avenue$1,200-1%
College Park$1,125-33%
Mapleton - Fall Creek$1,095-8%
South Perry$967+5%
Valley Mills$927+2%
North High School$900--
St. Vincent - Greenbriar$876+18%
Eagledale$853+119%
Near Northside$840+16%
Near Eastside$838--
Christian Park$838--
East Side$825+10%
Far East Side$825+14%
South Broad Ripple$799-6%
Chatham Arch$7650%
Crooked Creek$764-11%
East Gate$750--
South Side$719-35%
Old Northside$699-26%
Irvington$675--
Near Westside$650+31%
North Perry$6290%
Crown Hill$550-8%
Neighborhood1 Bed Avg RentAnnual Change
Broad Ripple Village$1,749-13%
Fountain Square$1,658+9%
Fletcher Place$1,615-4%
Near Northside$1,456+4%
Downtown Indianapolis$1,454-7%
North Side$1,440+4%
North Meridian$1,350+2%
Indiana Avenue$1,300-19%
South Perry$1,294+44%
Mapleton - Fall Creek$1,285-1%
Mass Ave$1,280-12%
College Park$1,275+69%
Southern Dunes$1,268--
Chatham Arch$1,1750%
Valley Mills$1,146+15%
St. Vincent - Greenbriar$1,119+2%
Nora$1,108+6%
South Side$1,094+3%
Five Points$1,051+13%
Crooked Creek$1,049+36%
Near Westside$1,029+96%
Mass Avenue$1,025-35%
South Broad Ripple$1,019+4%
Garden City$1,009+4%
West Side$1,008+10%
Near Eastside$997+11%
Devington$975+12%
East Gate$954+12%
Mars Hill$949--
Far East Side$945+11%
East Warren$9250%
East Side$889+5%
North High School$872-34%
I65-South Emerson$849-1%
Christian Park$804--
Eagledale$765-9%
Old Northside$764-36%
Irvington$729+8%
Near Southeast$729--
Crown Hill$725+4%
North Perry$705-1%
Martindale - Brightwood$675-54%
Chapel Hill - Ben Davis$574-22%
Neighborhood2 Beds Avg RentAnnual Change
Fountain Square$1,990+1%
Near Northside$1,850+5%
Downtown Indianapolis$1,805-5%
North Meridian$1,715+7%
North Side$1,623-2%
Mapleton - Fall Creek$1,535-2%
Southern Dunes$1,517--
College Park$1,452-6%
St. Vincent - Greenbriar$1,451+11%
Mass Ave$1,430-21%
North High School$1,351-21%
Indiana Avenue$1,350+6%
Garden City$1,332+7%
Nora$1,324+16%
West Side$1,284+5%
South Side$1,282+3%
Five Points$1,258+14%
Valley Mills$1,250+6%
South Perry$1,209+9%
Mass Avenue$1,208-43%
East Warren$1,175+6%
South Broad Ripple$1,159+10%
Near Westside$1,149+35%
Chatham Arch$1,1400%
East Side$1,134+8%
East Gate$1,119+10%
Far East Side$1,109+11%
Crooked Creek$1,054+14%
Mars Hill$1,030+13%
Eagledale$1,018-2%
I65-South Emerson$999+4%
Old Northside$929-42%
North Perry$925+13%
Near Eastside$899+20%
Near Southeast$879+14%
Irvington$849+8%
Crown Hill$849+2%
Devington$700-27%
Chapel Hill - Ben Davis$627-26%

Transportation

Transportation Scores

Percentage: 3737

Walk Score®

Walkable

No

Say 171 of 234 renters

Has Sidewalks

Yes

Say 156 of 234 renters

Percentage: 5151

Bike Score®

Bike Friendly

Yes

Say 143 of 234 renters

Percentage: 2828

Transit Score®

They Are Located Near Public Transportation

No

Say 165 of 234 renters

Need A Car

No

Say 196 of 234 renters

Area Amenities

Top Score

Grocery Stores

4.5/5 stars based on undefined reviews

There are some super markets around here.

  1. Few grocery stores per resident
  2. Significantly more grocery stores than average
  3. A standard number of grocery stores compared to areas of a similar size

Restaurants

4.5/5 stars based on undefined reviews

Great service and no need for reservations. A great place for food.

  1. Few restaurants per resident
  2. Significantly more restaurants than average
  3. 11% more restaurants than areas of a similar size

Coffee

4.5/5 stars based on undefined reviews

We're full of beans for Indianapolis's coffee shop scene.

  1. Few coffee shops per resident
  2. Significantly more coffee shops than average
  3. 9% fewer coffee shops than areas of a similar size

Nightlife

4.5/5 stars based on undefined reviews

Get your dance shoes on, Indianapolis looks good for nightlife.

  1. Few bars and clubs per resident
  2. Significantly more bars and clubs than average
  3. 31% more bars and clubs than areas of a similar size

Parks

4.5/5 stars based on undefined reviews

Indianapolis is team green. Parks get a high score.

  1. Few parks per resident
  2. Significantly more parks than average
  3. A standard number of parks compared to areas of a similar size

Retail Shops

4.5/5 stars based on undefined reviews

A shopaholic favorite. Indianapolis has a lot of style.

  1. Few shops per resident
  2. Significantly more shops than average
  3. 10% more shops than areas of a similar size

Health and Fitness

4.5/5 stars based on undefined reviews

Pumped and lifting a solid 4.5 stars for fitness.

  1. Few gyms per resident
  2. Significantly more gyms than average
  3. 11% fewer gyms than areas of a similar size

Pet Services

4.5/5 stars based on undefined reviews

Indianapolis is real pawsitive for your pets.

  1. Few pet facilities per resident
  2. Significantly more pet facilities than average
  3. 6% more pet facilities than areas of a similar size

Fine Arts

4.5/5 stars based on undefined reviews

This place gets the picture when it comes to art.

  1. Few fine art centers per resident
  2. Significantly more fine art centers than average
  3. 22% fewer fine art centers than areas of a similar size

Medical Care

4.5/5 stars based on undefined reviews

The great medical care here is just what the doctor ordered.

  1. Few medical facilities per resident
  2. Significantly more medical facilities than average
  3. 22% more medical facilities than areas of a similar size

Gas Stations

4.5/5 stars based on undefined reviews

You won't have to drive far to fill up around here.

  1. Few gas stations per resident
  2. Significantly more gas stations than average
  3. 81% more gas stations than areas of a similar size

Area Features

Area Has Litter

No

Say 209 of 234 renters

Noise Late At Night

No

Say 198 of 234 renters

Good Place To Raise A Family

Yes

Say 190 of 234 renters

Mostly Older Buildings

No

Say 175 of 234 renters

Busy Streets

No

Say 169 of 234 renters

Area Has Potholes

No

Say 166 of 234 renters

Pet Friendly

Yes

Say 165 of 234 renters

Near Grocery Stores

Yes

Say 159 of 234 renters

Safe For Families

Yes

Say 155 of 234 renters

Area Has Kids Play Outside

Yes

Say 153 of 234 renters

Quiet Area

Yes

Say 153 of 234 renters

Near Schools

Yes

Say 145 of 234 renters

Maintained Yards

Yes

Say 136 of 234 renters

Nearby Parks

Yes

Say 124 of 234 renters

Well Lit

No

Say 125 of 234 renters

Near Highways

No

Say 135 of 234 renters

Tree Lined Streets

No

Say 144 of 234 renters

Near Downtown

No

Say 175 of 234 renters

Mostly Newer Buildings

No

Say 190 of 234 renters

Nice Views

No

Say 193 of 234 renters

Schools

Percentage: 4/54/5

School Score

How satisfied do renters feel with the schools in this area.

Top Schools in Indianapolis

Information provided by GreatSchools. To verify school enrollment eligibility, contact the school district directly.

About

Indianapolis, IN

Overview of Indianapolis

Known as the "The Crossroads of America," Indianapolis' mix of historic charm and bountiful opportunities has attracted an increasing amount of renters over the past twenty years. It's an easy to navigate city, with its "Mile Square" central area blossoming out to the vintage apartments in Old Northside and the trendy nightspots in Broad Ripple Village. Once famous for being a manufacturing city, the job market in Indianapolis has diversified into areas including education, social services, health care, tourism, retail trade, and finance.

Indianapolis Apartments & Cost of Living

Indianapolis is affordable whether you're looking to rent an old stately home or a modern apartment in a skyscraper. The rent for one-bedroom apartments in Indianapolis ranges from $400 a month in the outer neighborhoods to $1000 a month downtown. When it comes to other expenses like gas, groceries, and the price of coffee, Indianapolis comes in less than the national average on almost all categories.

Indianapolis Attractions & Entertainment

You might be surprised by how much there is to do no matter what neighborhood your Indianapolis apartment is in. A good place to start would be the Indianapolis Cultural Trail that connects the five different cultural districts of Downtown Indianapolis. Take a paddleboat along the Central Canal and enjoy the scenic greenery or check out the Indianapolis Zoo, the Circle Center mall, and the Indianapolis Museum of Art.

Indianapolis Neighborhood Guides

If you're trying to find the best neighborhood that meets your needs, checkout our Indianapolis neighborhood guides. These guides walk you though what its like to live in these neighborhoods


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Find Apartments in Nearby Cities

City1 Bed Price2 Beds Price
Greenwood, IN 11 miles$1,122$1,363
Brooklyn, IN 19.4 miles------
Carmel, IN 14.7 miles$1,610$2,038
Beech Grove, IN 4.8 miles$1,052$1,159
Fishers, IN 15 miles$1,195$1,405
Speedway, IN 6.2 miles------
Castleton, IN 11.1 miles------
Plainfield, IN 13.6 miles$870$1,210
Brownsburg, IN 13.7 miles$1,265$1,388
Noblesville, IN 20.7 miles$1,363$1,340