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2 Bedroom Apartments for Rent in Downtown Indianapolis, Indianapolis, IN

131 Rentals Available
  • 87
    Top Rated for Location
    a communal table with a shuffleboard and foosball table at 220 Meridian, Indianapolis, IN 46204 Luxury Bedroom at 220 Meridian, Indianapolis, IN 46204
    4.0
    Today

    220 N. Meridian St., Indianapolis, IN 46204
    13 Units available
    2 BEDS $2,762+
    Property reviews
    4/5 Anonymous on Jan 27, 2024

    This is a perfect location to get to everything downtown. The views from our apartment are fantastic. Maintenance and the office are very quick to respond to any issues that come up.

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    30 East Georgia St. Ste. C, Indianapolis, IN 46204
    2 BEDS $1,160+
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    902 N. Pennsylvania Street, Indianapolis, IN 46204
    2 BEDS $1,328+
  • 7 days ago

    459 Massachusetts Avenue, Indianapolis, IN 46204
    2 BEDS $1,605+
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    26 West Washington Street, Indianapolis, IN 46204
    2 BEDS $1,510+
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    229 S. Delaware St., Indianapolis, IN 46204
    2 BEDS $1,440+
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    923 N Meridian St, Indianapolis, IN 46204
    2 BEDS $1,560+
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    718 E Georgia Street, Indianapolis, IN 46202
    2 BEDS $1,636+
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    615 N. East Street, Indianapolis, IN 46202
    2 BEDS $1,310+
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    434 Canal Ct S Dr, Indianapolis, IN 46202
    2 BEDS $1,468+
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    737 Lockefield Lane, Indianapolis, IN 46202
    2 BEDS $1,253
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    307 N Pennsylvania St, Indianapolis, IN 46204
    2 BEDS $2,265+
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    632MLK Apartments, Indianapolis, IN 46202
    2 BEDS $1,800+
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    748 Bates Street, Indianapolis, IN 46202
    2 BEDS $1,795+
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    740 Peony Place, Lewis Center, OH 43035
    2 BEDS $2,457+
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    210 East Michigan Street, Indianaopolis, IN 46204
    2 BEDS $934
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    533 Leon Street, Indianapolis, IN 46204
    2 BEDS $2,195
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    2810 E New York St, Indianapolis, IN 46201
    Income Restricted
    2 BEDS Ask for Pricing
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    747 N College Ave, Indianapolis, IN 46202
    2 BEDS $1,899+
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    50 S Shelby St, Indianapolis, IN 46202
    Income Restricted
    2 BEDS Ask for Pricing
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    929 English Avenue, Indianapolis, IN 46203
    2 BEDS $1,500
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    931 Fletcher Avenue, Indianapolis, IN 46203
    2 BEDS $1,742+
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    315 Koehne Street, Indianapolis, IN 46222
    2 BEDS $817
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    75 W 18Th Street, Indianapolis, IN 46202
    2 BEDS $1,599+
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    1701 N Delaware St, Indianapolis, IN 46202
    2 BEDS $1,435
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Downtown Indianapolis, Indianapolis, IN rent trends

Rental prices in Downtown Indianapolis, Indianapolis, IN have increased by 3.55% over the past year. The average rent moved from $1,837 to $1,902.

Average rent in Downtown Indianapolis, Indianapolis, IN

$1,902/mo Downtown Indianapolis, Indianapolis, IN average rental price, September 2025
Image Average Rent

The average monthly rent for an apartment in Downtown Indianapolis, Indianapolis, IN is around $1,902.

    What's the typical rent budget in Downtown Indianapolis, Indianapolis, IN?

    A share of 19% of apartments in Downtown Indianapolis, Indianapolis, IN have the cheapest rents between $1,001-$1,500. Around 7% of rentals are $2,501-$3,000. Around 46% of Downtown Indianapolis's apartments have monthly rents between $1,501-$2,000. There are 24% of apartments with rents between $2,001-$2,500. A share of 3% of apartment rentals in Indianapolis are in the > $3,000 range.

    The largest share of rentals in Downtown Indianapolis, Indianapolis, IN (46%) fall between $1,501-$2,000 per month. This suggests that most people succesfully find suitable apartments within this price.

    Getting around in Downtown Indianapolis, IN

    83 /100
    Very Walkable
    67 /100
    Good Transit
    99 /100
    Biker's Paradise
    Walk Score®: 83, Transit Score®: 67, Bike Score®: 99

    Frequently asked questions

    What is the price of a 2 bedroom apartment in Downtown Indianapolis, Indianapolis, IN?

    The price range of a 2 bedroom apartment is between $934 and $6,495.

    How many 2 bedroom apartments for rent are available in Downtown Indianapolis, Indianapolis, IN on RentCafe?

    There are 49 2 bedroom rentals available on RentCafe. Prices and availability in Downtown Indianapolis, Indianapolis, IN were last updated on 18 Nov 2025.

    What is the average size of a 2 bedroom apartment in Downtown Indianapolis, Indianapolis, IN?

    The average Downtown Indianapolis, Indianapolis, IN 2 bedroom apartment size is 1,163 sq. ft.

    What are the advantages of renting a 2 bedroom apartment in Downtown Indianapolis, Indianapolis, IN?

    2 bedroom apartments offer more space compared to 1 bedroom or studio apartments. They are more suitable for 2 persons.

    What are the downsides of renting a 2 bedroom apartment in Downtown Indianapolis, Indianapolis, IN?

    A 2 bedroom apartment is usually slightly more expensive than a 1 bedroom apartment.

    Downtown Indianapolis, Indianapolis, IN demographics

    • 18,036Total Population
    • 7,961 Female
      10,075 Male
    • 31Median Age

    In total, Downtown Indianapolis, Indianapolis, IN has 18,036 residents, 7,961 women and 10,075 men, per U.S. Census recent estimates. Statistics show that the median age of Downtown Indianapolis’s population is 31.

    Downtown Indianapolis, Indianapolis, IN households

    • 1,993 Family
      7,400 Non-family
    • 509 Children
      8,884 No Children
    • 9,393Total Number of Households
    • 1.14Average People Per Household
    • $61,082Median Household Income

    There is a total of 9,393 households in Downtown Indianapolis, Indianapolis, IN. Of these, 509 have children and 8,884 are without children. Per Census Bureau’s most current estimates, 1,993 family households and 7,400 non-family households live in this area. The size of a household in Downtown Indianapolis is 1.14 people, on average. The median household annual income in Downtown Indianapolis equals $61,082, and the monthly housing costs equal $1,320.

    Downtown Indianapolis, Indianapolis, IN education statistics

    According to data from the U.S. Census Bureau, 2% of the population in Downtown Indianapolis, Indianapolis, IN have no high school education, 25% went to high-school, and 14% have partially completed college. Moreover, 3% of the population hold an Associate Degree, 35% hold a Bachelor Degree, and 20% hold a Graduate Degree.