Studio Apartments for Rent in Downtown Indianapolis, Indianapolis, IN
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4 units availableStudio $1,708+Base rent4.0 (1)220 N. Meridian St., Indianapolis, IN 46204Apply online • Pet friendly • Parking
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5 units availableStudio $1,173+Base rent4.0 (77)718 E Georgia Street, Indianapolis, IN 46202Apply online • Pet friendly • Parking
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Rent specials Only 2 units leftStudio $1,165+Base rent4.0 (9)30 East Georgia St. Ste. C, Indianapolis, IN 46204Apply online • Cat friendly • Parking
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Rent specialsStudio $1,376+Base rent4.0 (28)307 N Pennsylvania St, Indianapolis, IN 46204Apply online • Pet friendly • Parking
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Rent specialsStudio $1,499+Base rent229 S. Delaware St., Indianapolis, IN 46204Apply online • Pet friendly • Parking
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Studio $581Base rent210 East Michigan Street, Indianapolis, IN 46204Apply online • Pet friendly • In unit laundry
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Rent specialsStudio $1,120+Base rent923 N Meridian St, Indianapolis, IN 46204Apply online • Pet friendly • Fitness center
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Studio $1,050Base rent4.5 (12)632 Dr. Martin Luther King Jr., Indianapolis, IN 46202Pet friendly
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More Rentals Near Downtown Indianapolis, Indianapolis, IN
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Rent specialsStudio $1,817+Total monthly cost4.0 (4)747 N College Ave, Indianapolis, IN 46202Apply online • Pet friendly • Patio/Balcony
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Studio $1,299+Base rent1117 E Market Street, Indianapolis, IN 46202Apply online • Pet friendly • Parking
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Rent specialsStudio $1,229+Total monthly cost4.0 (29)75 W 18Th Street, Indianapolis, IN 46202Apply online • Pet friendly • Dishwasher
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Rent specialsStudio $1,299Base rent4.5 (2)1515 Lewis Street, Indianapolis, IN 46202Apply online • Pet friendly • Fitness center
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Rent specials Only 2 units leftStudio $1,136+Total monthly cost4.5 (3)1224 Prospect Street, Indianapolis, IN 46203Apply online • Pet friendly • Fitness center
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Rent specialsStudio $779+Base rent5.0 (1)2372 Beckwith Drive, Indianapolis, IN 46218Apply online • Pet friendly • In unit laundry
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Rent specialsStudio $700+Base rent3800 West Michigan, Indianapolis, IN 46222-3385Apply online • Pet friendly • In unit laundry
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Rent specialsStudio $599+Base rent4.5 (2)3710 N Meridian St, Indianapolis, IN 46208Apply online • Pet friendly • Fitness center
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Rent specialsStudio $799Base rent3714 Bartlett Ave, Indianapolis, IN 46227Apply online • Pet friendly • In unit laundry
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Rent specialsStudio $1,277+Total monthly cost5.0 (1)931 Fletcher Avenue, Indianapolis, IN 46203Pet friendly • Dishwasher • Patio/Balcony
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Rent specialsAsk for pricing3.0 (1)1150 N White River Pkwy Dr W, Indianapolis, IN 46222Pet friendly • Fitness center • Pool
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Studio $982Base rent Income restricted4.0 (3)23 North Rural Street, Indianapolis, IN 46201Pet friendly
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Studio $3,000Base rent1338 W 29Th Street, Indianapolis, IN 46208Pet friendly
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Ask for pricing4.0 (1)3007 & 09 Ruckle Street, Indianapolis, IN 46205Pet friendly
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Ask for pricing3360 North Meridian St, Indianapolis, IN 46208Pet friendly • In unit laundry • Dishwasher
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Studio $933Base rent4810 East 23Rd Street, Indianapolis, IN 46218Pet friendly
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Rent specialsAsk for pricing4.0 (49)3451 Sherburne Lane, Indianapolis, IN 46222Pet friendly
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Frequently asked questions
What is the price range for a studio apartment in Downtown Indianapolis, Indianapolis, IN?
The price range for a studio apartment in Downtown Indianapolis, Indianapolis, IN is between $581 and $6,783.
How many studio apartments for rent are available in Downtown Indianapolis, Indianapolis, IN on RentCafe?
There are 11 studio rentals available on RentCafe. Prices and availability in Downtown Indianapolis, Indianapolis, IN were last updated on 12 Jul 2026.
What is the average size of a studio apartment in Downtown Indianapolis, Indianapolis, IN?
The average Downtown Indianapolis, Indianapolis, IN studio apartment size is 493 sq. ft.
What are the advantages of renting a studio apartment in Downtown Indianapolis, Indianapolis, IN?
Studio apartments in Downtown Indianapolis, Indianapolis, IN tend to be more affordable than other apartments and they have lower utility costs.
What are the downsides of renting a studio apartment in Downtown Indianapolis, Indianapolis, IN?
One of the downsides of living in a studio apartment is the limited storage space.
Renting a studio apartment in Downtown Indianapolis, Indianapolis, IN
If you want to live nearby work or just to plunge into the cosmopolitan lifestyle, renting a studio in Downtown Indianapolis, Indianapolis, IN may just be the perfect solution. Choosing a cheap studio over a single bedroom apartment leaves you with extra cash that could be spent on enjoying life. The average rent in Downtown Indianapolis, Indianapolis, IN is $1,520, but you’re looking to spend much less, aren’t you? Who cares after all that you don’t have a separate kitchen? There are plenty of restaurants in Downtown Indianapolis, Indianapolis, IN, right? If all else fails, you can order some food. When the only cooking you’re doing is heating up some milk in the microwave, having your kitchen in the main room is actually a blessing. Think about it, eating muesli for breakfast in bed just became less of a hassle. Life starts at the doorstep of your apartment. As in when you exit it. If you are an outgoing bachelor or bachelorette, or a lively young couple, you will probably agree with this. You might be living in a small apartment but staying in Downtown Indianapolis, Indianapolis, IN more than makes up for it in life quality. And here’s the good news, we have 25 apartment buildings in Downtown Indianapolis, Indianapolis, IN at a mouse-click away. With prices as low as $581 there’s a high chance that you will find the affordable housing that you are looking for.
When an efficiency apartment is just not enough
There are some of us who just feel the need for a bit of more comfort. Some extra space and a real kitchen can be nice if you like to spend your afternoons at home, cooking dinner with a glass of red wine and some jazz softly playing in the background. Your brain just refuses to set itself on the “find efficiency apartment” thinking path. It’s obvious, you have a certain aversion for places that are too small. Living in Downtown Indianapolis, Indianapolis, IN is nice and all, but nothing can top a good relaxing evening in the comfort of your own micro-castle where you make the rules. No need to be worried, with a slight bump in your budget you can be sure to find a one room apartment among the 45 rentals in Downtown Indianapolis, Indianapolis, IN. The average apartment in the neighborhood offers 1,058 Sqft of living space, so if you’re looking for just a single bedroom apartment to call home, you should be all set.