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South Broad Ripple apartments for rent - Indianapolis, IN

Beds

22 Properties

Average Rent in Indianapolis, IN

Avg. RentAnnual Change
Indianapolis Studio - $1,169-2%
Indianapolis 1 Bed - $1,221+4%
Indianapolis 2 Beds - $1,409+5%
Last updated 6/17/2024

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Local Guide

See what Indianapolis, IN has to offer.

Local Reviews

What is unique about my neighborhood is that every Friday we walk our dogs together, my favorite restaurant is called happy bunny, me and my friends all go to happy bunny

There are a lot of restaurants and club at 5 minute walking distance. There is a very nice path full of nature

We like how quiet the neighborhood is. It is also a good location in proximity to Broad Rioole with shops and restaurants.

I like living near smaller communities with unique restaurants and amenities. I like going to Graeter's Ice Cream and Byrnes Pizza.

Demographics

Education

High School

14%

Associate's

23%

Bachelor's

42%

Master's

19%

Doctorate

3%

Family Size

2 people

51%

3 people

25%

4 people

13%

5 people

9%

6+ people

2%

Household Income

0-50k

28%

50-100k

29%

100-150k

15%

150-200k

13%

200k+

16%

Age

0-10

15%

10-20

7%

20-45

43%

45-65

23%

65+

12%

Affordability

Percentage: 3/53/5

Renters gave this area a 3 out of 5 for affordability

Last updated 6/17/2024

*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 South Broad Ripple, Indianapolis, IN

In Indianapolis, IN, as of 2024, the average rent for apartments ranges from $1,169 to $1,409. Specifically, the average rent for a studio apartment in South Broad Ripple, Indianapolis, IN is $1,169. For those seeking a 1-bedroom apartments, the average rent is $1,221. And for a 2-bedroom apartment, renters can expect to pay an average of $1,409.

Annual Rent Change Over the Past 12 Months

Studio

-2%

Changed from $1,193 to $1,169
1 Bed

+4%

Changed from $1,174 to $1,221
2 Beds

+5%

Changed from $1,342 to $1,409
Last updated 6/17/2024

Cost of Living

Compared to State Average

1.3%

Compared to National Average

7.3%

The cost of living in South Broad Ripple, Indianapolis, IN is 1.3% lower than the state average and 7.3% lower than the national average. South Broad Ripple, Indianapolis, IN housing is 20.9% less expensive than the U.S average, while utilities are about 0.2% less pricey. When it comes to basic necessities such as food and clothing, groceries are around 0.2% less in South Broad Ripple, Indianapolis, IN than in the rest of the country.

Healthcare services such as doctor check-ups and dentistry cost 10.9% less here compared to the U.S. average.
Cost of Living in South Broad Ripple, Indianapolis, INCompared to State AverageCompared to National Average
Housing
0.3%
20.9%
Utilities
2.8%
0.2%
Food
1.1%
0.2%
Transportation
0.2%
4.4%
Healthcare
5.4%
10.9%

Compare Other Cities

CityStudio Avg RentAnnual Change
Plainfield$1,7090%
Fishers$1,305+8%
Carmel$1,235+12%
Indianapolis$1,169-2%
Whitestown$1,163--
Brownsburg$1,160-6%
Noblesville$1,097-1%
Westfield$1,085-1%
Greenwood$926-19%
Lebanon$850--
Columbus$730+5%
Kokomo$715+8%
Muncie$5950%
Anderson$4620%
City1 Bed Avg RentAnnual Change
Whitestown$1,730-4%
Carmel$1,615+4%
Westfield$1,506+6%
Zionsville$1,462-3%
Noblesville$1,349+2%
Avon$1,280-2%
Brownsburg$1,235-18%
Indianapolis$1,221+4%
Columbus$1,201+1%
Fishers$1,180-25%
Greenwood$1,132-9%
Camby$1,125+91%
Greenfield$1,059-6%
Beech Grove$1,052+5%
Lebanon$975+17%
Franklin$960+19%
Kokomo$890+11%
Plainfield$870+4%
Anderson$779+5%
Muncie$695+3%
City2 Beds Avg RentAnnual Change
Carmel$2,034+6%
Whitestown$1,830-1%
Westfield$1,794+6%
Zionsville$1,735-7%
Camby$1,625+132%
Avon$1,566-2%
Brownsburg$1,434-20%
Fishers$1,427-31%
Indianapolis$1,409+5%
Noblesville$1,381-3%
Columbus$1,375+6%
Greenwood$1,357-13%
Greenfield$1,215-6%
Plainfield$1,210+5%
Franklin$1,160+23%
Beech Grove$1,159+3%
Lebanon$1,089+10%
Kokomo$1,022+11%
Anderson$962+12%
Muncie$895+12%

Compare Neighborhoods

Chapel Hill - Ben Davis

$574

1 Bed Avg. Rent

Martindale - Brightwood

$675

1 Bed Avg. Rent

Crown Hill

$715

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 Crown Hill, where average rents for 1-bedroom apartments stand at $574, $675, and $715 respectively. Additional areas offering value are Irvington and Near Southeast, where the rents are $729 and $729, a favorable comparison to Indianapolis's overall 1-bedroom average of $1,221.

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 $1,633. For additional high-end living options, Fletcher Place offers 1-bedroom apartments at $1,565, and I65-South Emerson at $1,500. These rates compare to the overall average rent of $1,221 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 Martindale - Brightwood, Fall Creek Place, and Near Eastside. In Martindale - Brightwood, the average rent for a 1-bedroom apartment is $675. Fall Creek Place sees average rents of $1,350 for a 1-bedroom unit. Near Eastside offers similar appeal with 1-bedroom apartments averaging $997. For those seeking other popular areas, Near Northside presents 1-bedroom apartments at $1,407, and Mass Ave at $1,330. These prices are set against the backdrop of the city-wide average of $1,221 for a 1-bedroom apartment in Indianapolis, underscoring the popularity of these particular neighborhoods.

NeighborhoodStudio Avg RentAnnual Change
Mass Ave$1,651+36%
North Meridian$1,450-3%
Meridian Kessler$1,444--
Fletcher Place$1,440+7%
Broad Ripple Village$1,399-10%
Downtown Indianapolis$1,365+10%
Fountain Square$1,306+26%
I65-South Emerson$1,300--
South Franklin$1,300--
Garden City$1,287-2%
West Side$1,264+10%
Chapel Hill - Ben Davis$1,259-13%
Fall Creek Place$1,250--
Near Northside$1,229+70%
Mass Avenue$1,200-1%
North Side$1,149+3%
Mapleton - Fall Creek$1,095-8%
College Park$1,095-35%
South Perry$967+5%
South Side$935-17%
Valley Mills$927--
North High School$900--
St. Vincent - Greenbriar$878+19%
Eagledale$853+119%
Near Eastside$838--
East Side$825+10%
Far East Side$825+16%
Crooked Creek$816-6%
Chatham Arch$7650%
Old Northside$699-27%
Irvington$675--
Near Westside$650+31%
Crown Hill$550-8%
Neighborhood1 Bed Avg RentAnnual Change
Broad Ripple Village$1,749-5%
Fountain Square$1,633+8%
Fletcher Place$1,565-5%
I65-South Emerson$1,500+63%
Downtown Indianapolis$1,462-7%
Near Northside$1,407+52%
North Side$1,404+2%
Fall Creek Place$1,350--
North Meridian$1,350+3%
South Franklin$1,340+13%
Mass Ave$1,330-7%
Indiana Avenue$1,300-19%
Southern Dunes$1,290--
Mapleton - Fall Creek$1,282-2%
College Park$1,275+69%
South Perry$1,253+30%
Mass Avenue$1,225-21%
St. Vincent - Greenbriar$1,190+9%
Chatham Arch$1,1750%
Valley Mills$1,146--
South Side$1,112+6%
Meadows$1,083--
Five Points$1,051+13%
Nora$1,041+6%
Crooked Creek$1,029+20%
Eagledale$1,009+14%
West Side$1,008+5%
Garden City$1,001+3%
Near Eastside$997--
Near Westside$979+98%
Devington$975+12%
Mars Hill$949+19%
Far East Side$945+10%
North High School$931-29%
East Warren$925+6%
East Side$908+4%
Christian Park$804--
Old Northside$764-35%
Irvington$729+8%
Near Southeast$729--
Crown Hill$715+2%
Martindale - Brightwood$675-54%
Chapel Hill - Ben Davis$574-22%
Neighborhood2 Beds Avg RentAnnual Change
Fountain Square$2,135+12%
Downtown Indianapolis$1,867+1%
Near Northside$1,850+80%
Fall Creek Place$1,850--
North Meridian$1,715+7%
South Franklin$1,707+19%
North Side$1,588-4%
College Park$1,550-2%
Mapleton - Fall Creek$1,532-7%
St. Vincent - Greenbriar$1,458+11%
Southern Dunes$1,457--
Mass Ave$1,430-23%
Broad Ripple Village$1,361-1%
Indiana Avenue$1,350+6%
Garden City$1,335+7%
South Side$1,300+5%
Meadows$1,296--
North High School$1,285-25%
West Side$1,284+7%
Five Points$1,258+14%
Nora$1,246+9%
Valley Mills$1,244--
South Perry$1,209+7%
Mass Avenue$1,208-43%
East Warren$1,202+9%
Chatham Arch$1,1400%
East Side$1,132+7%
Near Westside$1,112--
Eagledale$1,099+11%
Far East Side$1,096+10%
Crooked Creek$1,093+17%
Mars Hill$1,086+19%
I65-South Emerson$999-15%
Old Northside$929-42%
Near Eastside$899+20%
Near Southeast$879+26%
Irvington$849+8%
Crown Hill$849+2%
Bosart Brown$750--
Devington$700-27%
Chapel Hill - Ben Davis$627-26%

Transportation

Commute Time

0-15 Mins

18%

15-30 Mins

57%

30-40 Mins

16%

40-60 Mins

3%

60+ Mins

6%

Area Amenities

Top Score

Grocery Stores

2.5/5 stars based on undefined reviews

Not bad on the supermarket score. South Broad Ripple Indianapolis gets an average rating.

  1. Few grocery stores per resident
  2. 83% more grocery stores than average
  3. 33% more grocery stores than areas of a similar size

Restaurants

2.5/5 stars based on undefined reviews

An average foodie scene: not too cold and not too hot.

  1. Few restaurants per resident
  2. 83% more restaurants than average
  3. 34% more restaurants than areas of a similar size

Coffee

2.5/5 stars based on undefined reviews

Not too cold, not too hot. An average town for coffee.

  1. Few coffee shops per resident
  2. 81% more coffee shops than average
  3. 20% more coffee shops than areas of a similar size

Nightlife

2.5/5 stars based on undefined reviews

Nightlife is on the rocks in South Broad Ripple Indianapolis.

  1. Few bars and clubs per resident
  2. 77% more bars and clubs than average
  3. A standard number of bars and clubs compared to areas of a similar size

Childcare

2.5/5 stars based on undefined reviews

South Broad Ripple Indianapolis is taking baby steps toward having ample childcare options.

  1. A high number of daycares per resident
  2. 89% more daycares than average
  3. 56% more daycares than areas of a similar size

Retail Shops

2.5/5 stars based on undefined reviews

The shopping scene here is a size medium.

  1. Few shops per resident
  2. 70% more shops than average
  3. 7% fewer shops than areas of a similar size

Pet Services

2.5/5 stars based on undefined reviews

Who's an ok boy? South Broad Ripple Indianapolis doesn't deserve many treats.

  1. Few pet facilities per resident
  2. 68% more pet facilities than average
  3. 40% fewer pet facilities than areas of a similar size

Medical Care

2.5/5 stars based on undefined reviews

Healthcare in South Broad Ripple Indianapolis doesn't tip the scales.

  1. Few medical facilities per resident
  2. 58% more medical facilities than average
  3. 47% fewer medical facilities than areas of a similar size

Parks

2/5 stars based on undefined reviews

Not too many park perks in South Broad Ripple Indianapolis.

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

Health and Fitness

2/5 stars based on undefined reviews

You'll have to workout somewhere else to keep fit.

  1. Few gyms per resident
  2. An average number of gyms
  3. A standard number of gyms compared to areas of a similar size

Theaters

2/5 stars based on undefined reviews

Hiding in the dressing room? South Broad Ripple Indianapolis has a quiet theater scene.

  1. Few theaters per resident
  2. An average number of theaters
  3. A standard number of theaters compared to areas of a similar size

Fine Arts

2/5 stars based on undefined reviews

You gotta Van Gogh somewhere else for art.

  1. Few fine art centers per resident
  2. An average number of fine art centers
  3. A standard number of fine art centers compared to areas of a similar size

Amusement Parks

2/5 stars based on undefined reviews

In need of a lift: South Broad Ripple Indianapolis is light on amusement parks.

  1. Few amusement parks per resident
  2. An average number of amusement parks
  3. A standard number of amusement parks compared to areas of a similar size

Hospitals

2/5 stars based on undefined reviews

Be patient when looking for a hospital around here.

  1. Few hospitals per resident
  2. An average number of hospitals
  3. A standard number of hospitals compared to areas of a similar size

Gas Stations

2/5 stars based on undefined reviews

Honk if you see a gas station.

  1. Few gas stations per resident
  2. 40% more gas stations than average
  3. Far fewer gas stations than areas of a similar size

Area Features

Noise Late At Night

No

Say 4 of 4 renters

Area Has Litter

No

Say 4 of 4 renters

Area Has Potholes

No

Say 4 of 4 renters

Good Place To Raise A Family

Yes

Say 4 of 4 renters

Busy Streets

No

Say 3 of 4 renters

Near Grocery Stores

Yes

Say 3 of 4 renters

Nearby Parks

Yes

Say 3 of 4 renters

Nice Views

Yes

Say 3 of 4 renters

Pet Friendly

Yes

Say 3 of 4 renters

Safe For Families

Yes

Say 3 of 4 renters

Maintained Yards

Yes

Say 3 of 4 renters

Area Has Kids Play Outside

Yes

Say 2 of 4 renters

Mostly Older Buildings

Yes

Say 2 of 4 renters

Near Schools

Yes

Say 2 of 4 renters

Quiet Area

Yes

Say 2 of 4 renters

Tree Lined Streets

Yes

Say 2 of 4 renters

Well Lit

Yes

Say 2 of 4 renters

Near Downtown

No

Say 3 of 4 renters

Mostly Newer Buildings

No

Say 4 of 4 renters

Near Highways

No

Say 4 of 4 renters

Schools

Percentage: 5/55/5

School Score

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

Top Schools in South Broad Ripple Indianapolis

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

Find Apartments in Nearby Cities

City1 Bed Price2 Beds Price
Indianapolis, IN 5.5 miles$1,221$1,409
Carmel, IN 9.2 miles$1,615$2,034
Atlanta, IN 26.2 miles------
Greenwood, IN 16.3 miles$1,132$1,357
Brooklyn, IN 24.4 miles------
Fishers, IN 10.2 miles$1,180$1,427
Castleton, IN 6.4 miles------
Edgewood, IN 28 miles------
Avon, IN 14.8 miles$1,280$1,566
Beech Grove, IN 9.1 miles$1,052$1,159

Find Apartments in Nearby Neighborhoods

Neighborhood1 Bed Price2 Beds Price
Meridian Kessler 0.4 miles$2,020$2,234
Broad Ripple Village 1.6 miles$1,749$1,361
Fairgrounds 0.9 miles$1,315$1,999
Butler - Tarkington 1.5 miles------
Millersville 1.9 miles$979$1,214