Indianapolis is large and in charge, boasting the largest Children’s Museum in the world, the largest half-marathon in the US, and the largest race course in the world. The city has a diverse economy, with health care, manufacturing, and life sciences as examples of top industries. Three Fortune 500 companies call Indianapolis home, but businesses of all sizes take advantage of a talent pool of almost 850,000 people. In short: Indianapolis may just be the perfect Midwestern city to call home.
How much does a 1-bedroom cost in Indianapolis?
You may think a city that boasts so many largest-in-the-world designations would also boast some of the highest rents. In fact, the average rent for all apartments in the city is $762 – far below the national average of $1,165 recorded in December 2015; meanwhile, a 1-bedroom apartment in Indianapolis averages just $670 a month. Let’s take a look at five of the many great 1-bedroom apartments you can rent in Indianapolis right now.
1. Berkshire Square, Cumberland – East Indianapolis, $510, 800 square feet
For the last three years, Berkshire Square has been voted one of the best value apartment complexes in all of Indianapolis. With low rents, spacious apartments, and a prime location just minutes from I-70 and I-465, it’s not hard to see why. On-site management and maintenance teams provide excellent service to residents, the apartments are pet-friendly, and there are washer and dryer hookups in every apartment. Other conveniences include a clubhouse and 24-hour emergency maintenance.
2. Lawrence Landing, Devington – Near Eastside Indianapolis, $617, 847 square feet
Residents make the most of waterfront living in spacious one-bedroom apartments at Lawrence Landing. These units have fully-equipped kitchens, tons of closet space, laundry connections, and on-site management. Recent upgrades include new carpets, tiling, landscaping, and yards. Renters enjoy the waterfront views out of new windows, which come complete with vertical and mini-blinds. Downtown is just twenty minutes away from this relaxing community.
3. Lakes of Windsor, Southern Springs – Southeast Indianapolis, $815, 805 square feet
The apartments at Lakes of Windsor were meticulously planned to ensure spaciousness, elegance, and a host of contemporary amenities. From modern kitchens to an incredible amount of storage, from vaulted ceilings to fireplaces, these apartments leave tenants wanting for nothing. They can soak up the water views, visit the pool and sundeck, or take advantage of the on-site playground.
4. Ironworks at Keystone, Keystone At The Crossing – North Indianapolis, $1,100, 701 square feet
Indianapolis one-bedroom apartments don’t get more unique than the Ironworks at Keystone. This five-story community includes 120 luxury apartments, plus street-level shops and eateries. The all-brick building has impressive interior finishes, a private parking lot, and is conveniently close to everywhere you want to play: The Fashion Mall, Keystone Avenue, and I-465.
5. The Residences at CityWay, Fletcher Place – Downtown, $1,210, 661 square feet
For renters with an eye for glamor, convenience, and location, The Residences at CityWay are well worth their premium price. The incredible amenities include huge closets, clean steel appliances, skyline views, granite countertops, valet waste, and full-sized washers and dryers in every unit. These are stylish units with exposed duct work, brick walls, and rooftop terraces.