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Apartments for Rent in Indianapolis, IN
1,238 Rentals Available

  • Top Rated for Location
    a kitchen with white cabinetry and black countertops a bedroom with a large bed and a dresser with a mirror on it
    4.0
    Today

    4724 Round Lake Rd, Indianapolis, IN 46205
    20 Units available
    1 BED $999+
    2 BEDS $1,089+
    3 BEDS $1,299
    a kitchen with white cabinetry and black countertops a bedroom with a large bed and a dresser with a mirror on it a games room with a ping pong table cardio equipment in the gym at the district flats apartments in lenexa
    Property reviews
    5/5 L. M. on Jul 6, 2023

    I love where i live its safe Pet friendly staff is great the atmosphere is lovely

    5/5 Anonymous on Jul 5, 2023

    So far so good.i have no problem living here.

  • Rent Specials
    Fully Equipped Island Kitchen at Lawrence Landing, Indianapolis, Indiana a bedroom with a bed and a tv at Lawrence Landing, Indianapolis, Indiana
    Today

    6875 Faris Avenue, Indianapolis, IN 46226
    6 Units available
    1 BED $949
    2 BEDS $1,149
    Fully Equipped Island Kitchen at Lawrence Landing, Indianapolis, Indiana a bedroom with a bed and a tv at Lawrence Landing, Indianapolis, Indiana a dining room with a wooden table and chairs and a ceiling fan at Lawrence Landing, Indianapolis, IN 46226 Swimming Pool And Relaxing Area at Lawrence Landing, Indianapolis, 46226
    Overview

    Welcome home to the serene retreat that is Lawrence Landing Apartments! As a resident satisfaction top-rated destination, we made sure to revamp all our Northeast Indianapolis apartments with park-inspired amenities and convenient features. Join us with your furry friends, they'll love it here, too! Read some of our reviews on ApartmentRatings.com!

    Amenities
    • Air Conditioner
    • Dishwasher
    • Pool
    • Patio/Balcony
  • Resident Rated
    Rent Specials
    Renovated kitchen with stainless steel appliances and bright lights at CityView on Meridian, Indiana, 46208 Large master bedroom with wall to wall windows at CityView on Meridian, Indiana, 46208
    3.0
    Today

    3801 N. Meridian St, Indianapolis, IN 46208
    25 Units available
    1 BED $1,102+
    2 BEDS $1,660+
    3 BEDS $1,878+
    Renovated kitchen with stainless steel appliances and bright lights at CityView on Meridian, Indiana, 46208 Large master bedroom with wall to wall windows at CityView on Meridian, Indiana, 46208 Cozy dining room with large windows and view of the city at CityView on Meridian, Indianapolis, IN,46208 Pool table in the sky lounge at CityView on Meridian, Indianapolis, IN,46208
    Property reviews
    3/5 Romulda on Apr 15, 2023

    Its a very nice experience to live there but the maintenance service is - o . Its been more than 3 months since i been asking to fixe my entrance closet and the ceiling of my bathroom . Until this day no body never show up to fixed them for me . Its like im living like a djonky inside my appartement while paying $1668 somethings $ 1721 every month. The staff in the office are so nice thats the only reason i stay quiet . Bit its not professional the way they handle the repair services .

  • 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
    23 Units available
    STUDIO $1,667+
    1 BED $1,491+
    2+ BEDS $2,814+
    a communal table with a shuffleboard and foosball table at 220 Meridian, Indianapolis, IN 46204 Luxury Bedroom at 220 Meridian, Indianapolis, IN 46204 a round white table with black chairs in a room with floor to ceiling windows at 220 Meridian, Indianapolis, IN, 46204 a meeting room with a table and chairs at 220 Meridian, Indianapolis, IN 46204
    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.

  • Top Rated for Location
    Kitchen with a stove top oven next to a refrigerator at Summit at Keystone, Indianapolis Indiana Bedroom with a bed and a large window at Summit at Keystone, Indianapolis
    5.0
    Today

    6630 Glenbrook Drive, Indianapolis, IN 46220
    34 Units available
    1 BED $899+
    2 BEDS $997+
    3 BEDS $1,199+
    Kitchen with a stove top oven next to a refrigerator at Summit at Keystone, Indianapolis Indiana Bedroom with a bed and a large window at Summit at Keystone, Indianapolis Dining room with a wooden table and white chairsat Summit at Keystone, Indianapolis, IN Pool table in a large room with a stone fireplace at Summit at Keystone, Indianapolis, IN 46220
    Property reviews
    5/5 Anonymous on Apr 2, 2024

    Living here is like a breath of fresh air, parking is easily accessible, staff is welcoming and very helpful, workers out collecting any trash outside almost daily, friendly environment, wonderful and clean little park, all and all a great place to live.

    5/5 Anonymous on Oct 19, 2023

    Everything is going great so far. My move in was smooth. All my concerns where met.

  • Today

    5434 Norcroft Dr, Indianapolis, IN 46221
    3 BEDS $1,345
  • Today

    4916 E 39Th St, Indianapolis, IN 46226
    4 BEDS $1,465
  • Today

    1625 Finley Ave, Indianapolis, IN 46203
    2 BEDS $1,065
  • Today

    255 S. Mccrea Street, Indianapolis, IN 46225
    STUDIO $1,205+
  • Today

    4724 Round Lake Rd, Indianapolis, IN 46205
    1 BED $999+
    2 BEDS $1,089+
    3 BEDS $1,299
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  • Today

    4656 Edwardian Circle, Indianapolis, IN 46254
    1 BED $875+
    2 BEDS $1,275+
    3 BEDS $1,650+
  • Today

    1407 Priscilla Ave, Indianapolis, IN 46219
    3 BEDS $1,500
  • Today

    1515 Lewis Street, Indianapolis, IN 46202
    STUDIO $1,249
    1 BED $1,349
    2 BEDS $1,699+
  • Today

    6104 Compton Street, Indianapolis, IN 46220
    STUDIO Ask for Pricing
    1 BED Ask for Pricing
    2 BEDS $1,115+
  • Today

    6875 Faris Avenue, Indianapolis, IN 46226
    1 BED $949
    2 BEDS $1,149
  • Today

    931 Fletcher Avenue, Indianapolis, IN 46203
    STUDIO $1,424+
    1 BED $1,467+
    2+ BEDS $1,649+
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  • Today

    3720 N Pennsylvania St, Indianapolis, IN 46205
    1 BED $650
    2 BEDS $750
    4 BEDS Ask for Pricing
  • Today

    7202 Winslet Boulevard, Indianapolis, IN 46217
    1 BED $1,115+
    2 BEDS $1,400+
    3 BEDS $1,635+
  • Today

    1923 Lisa Walk Dr, Indianapolis, IN 46227
    3 BEDS $1,620
  • Today

    3801 N. Meridian St, Indianapolis, IN 46208
    1 BED $1,102+
    2 BEDS $1,660+
    3 BEDS $1,878+
  • Today

    7007 Deer Path Dr., Indianapolis, IN 46254
    1 BED $940
    2 BEDS Ask for Pricing
  • Today

    3034 N. Webster Ave.,, Indianapolis, IN 46226
    1 BED $821+
    2 BEDS $947+
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  • Today

    5340 Acorn Lane, Indianapolis, IN 46254
    1 BED $950+
    2 BEDS Ask for Pricing
    3 BEDS Ask for Pricing
  • Today

    6710 W Hollow Run Dr, Indianapolis, IN 46214
    1 BED $1,285+
    2 BEDS Ask for Pricing
    3 BEDS Ask for Pricing
  • Today

    220 N. Meridian St., Indianapolis, IN 46204
    STUDIO $1,667+
    1 BED $1,491+
    2+ BEDS $2,814+
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Popular searches Average rent Renters guide Demographics

Average rent in Indianapolis, IN

$1,238/mo Indianapolis, IN average rental price, November 2024
Image Average Rent

The average monthly rent of apartments in Indianapolis, IN is $1,238.

Indianapolis, IN apartment rent ranges

About 58% of apartment rents in Indianapolis, IN range between $1,001-$1,500. Meanwhile, apartments priced over $1,501-$2,000 represent 14% of apartments. Around 23% of Indianapolis’s apartments are in the $701-$1,000 price range. 2% of apartments are priced between $501-$700.

Indianapolis, IN rent trends

Check out the average rent prices in Indianapolis by neighborhood.

Compared to the national average rent of $1,748, the average rent in Indianapolis, IN is $1,238.

Local Guides for Renters

Getting around in Indianapolis, IN

57 /100
Somewhat Walkable
46 /100
Some Transit
88 /100
Very Bikeable
Walk Score®: 57, Transit Score®: 46, Bike Score®: 88

Frequently asked questions

When were prices and availability in Indianapolis, IN last updated?

Prices and availability in Indianapolis, IN were last updated on 25 Jan 2025.

What are the best apartments in Indianapolis, IN?

The best apartments in Indianapolis, IN are: Lawrence Landing, 7 Pointe Apartments, Summit at Keystone, CityView on Meridian and 220 Meridian.

What is the average rent in Indianapolis, IN?

The average rent in Indianapolis, IN is $1,238.

What is the price range for a studio apartment in Indianapolis, IN?

The price range for a studio apartment in Indianapolis, IN is between $699 and $6,790.

What is the price range for a 1-bedroom apartment in Indianapolis, IN?

The price range for a 1-bedroom apartment in Indianapolis, IN is between $515 and $5,092.

What is the price range for a 2-bedroom apartment in Indianapolis, IN?

The price range for a 2-bedroom apartment in Indianapolis, IN is between $495 and $6,975.

What is the price range for a 3-bedroom apartment in Indianapolis, IN?

The price range for a 3-bedroom apartment in Indianapolis, IN is between $414 and $6,975.

What type of rental buildings are in Indianapolis, IN?

In Indianapolis, 45% of the residents are renting compared to 55% owning a home, according to data from the U.S. Census Bureau. Large-scale apartment buildings with more than 50 units represent 11% of Indianapolis’s rentals, 61% are small-scale complexes with under 50 units, and 28% are single-family rentals.

What do typical apartment communities look like in Indianapolis, IN?

The age and size of multifamily buildings are among the most visible characteristics of the rental market in a city.  In this case, the apartment buildings in Indianapolis are about 41 years old, on average. Of these, 20% have been built since 2000, representing the newer options on the market and typically offering more amenities. Rental buildings in the city have an average height of 3 stories. About 95% of the rental communities here are low-rise, garden-style communities, 7% are mid-rises, and 2% are high-rise buildings. These are true especially for large-scale multifamily buildings with over 50 apartments.

What apartment floorplans are common in Indianapolis, IN?

Studio apartments in Indianapolis are around 3% of rentals, while 1-bedroom floor plans represent 41% of the total stock. For those in search of larger rentals, 2-bedroom floorplans make up 46% of all rentals. More generous apartments with 3 bedrooms or more are also available in this city for those in search of more space.

Indianapolis, IN in the news

Living in Indianapolis, IN

Living in location

As the capital and largest city of Indiana, Indianapolis - or, Indy, as locals call it - has a rich history, diverse culture, and a wide range of activities for residents and renters. Dubbed the "Racing Capital of the World," it's home to the Indianapolis Motor Speedway, hosting the renowned Indianapolis 500 and the Brickyard 400. Several professional sports teams also call Indianapolis home, including the Indiana Pacers (NBA) and the Indianapolis Colts (NFL), making renting here a haven for sports enthusiasts. There are also many historical spots and museums; parks with recreational activities; and events that foster a sense of community. Additionally, several universities and Fortune 500 companies attract renters looking to extend their education and careers. Meanwhile, Indianapolis has a humid, continental climate characterized by hot and humid summers and cold winters. Average temperatures range between 20°F and 84°F with moderate rain and snow.

The cultural scene of Indianapolis is further enriched by the vibrant Mass Ave Arts District, offering renters a string of galleries, boutiques, and an array of dining experiences. The Indiana Central Canal provides a scenic backdrop for walkers and cyclists alike. Renters also benefit from the annual Indiana State Fair and numerous local farmers' markets, embodying the community spirit and Midwestern charm of this dynamic city.

Renting in Indianapolis, IN

The most common rentals in Indianapolis are mid-rise and high-rise apartments, many of which are in the downtown area overlooking the city skyline. For renters with families, Irvington, Lockerbie Square, Keystone at the Crossing, and Meridian-Kessler are quaint neighborhoods with tree-lined streets and spacious rentals close to lifestyle amenities. In contrast, Broad Ripple, Fountain Square, and Wholesale District are trendy neighborhoods where renters will be close to shops, restaurants, art galleries and live music venues. Notably, landlords can charge and increase the rent as they want, and there's no limit to the security deposit they can ask for. Many rental properties also include amenities like swimming pools, fitness centers, laundry facilities and communal spaces. Typically, landlords are responsible for maintaining the rental, while renters pay the utilities unless both parties agree otherwise in the lease.

Things for renting

Shopping in Indianapolis, IN

Indy is a haven for shopping enthusiasts and is home to Circle Centre Mall, Castleton Square and The Fashion Mall at Keystone. Here, renters can find an array of designer stores and fashion retailers, including names like Allen Edmonds, Anthropologie, Banana Republic, GAP, Gucci, J. Jill, Kate Spade New York, Kendra Scott, L'Occitane, Louis Vuitton, Michael Kors, Talbots, Vera Bradley and many more. There are also several smaller shopping malls, so renters will be close to everything they need. Or, for a more local shopping experience, renters can go to Broad Ripple Village, Massachusetts Avenue and the City Market. Indianapolis also has several farmers' markets where renters can find fresh produce, local products and handmade crafts. Otherwise, for everyday necessities, renters can go to chains like Kroger, Meijer, Walmart, Target, Aldi, Trader Joe's, Whole Foods Market, JCPenney, Macy's, Kohl's and many more.

Transportation in Indianapolis, IN

Renting in Indianapolis means being close to several transportation options. First, the city has a developed network of roads with several interstates, highways, and state routes connecting to local roads and making it easy to navigate by car. That said, some of them may become congested during rush hours, so renters can opt for IndyGo buses that serve the city and surrounding areas. Or, rideshare services (like Uber and Lyft) also operate in Indianapolis, offering convenient and flexible transportation options. Indy is also a highly bikeable and walkable city with many dedicated lanes, trails and sidewalks, thereby allowing renters to accomplish errands through eco-friendly options. Finally, Indianapolis International Airport is the primary airport that offers domestic and international flights to renters in the region.

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Whether you're looking for a studio, an apartment with one or more bedrooms, or maybe you're upgrading to a luxury apartment or need to acommodate a pet, RentCafe allows you to easily search for a rental near you based on your criteria, anywhere in the U.S. So, let's find your new home today!

RentCafe is your one-stop shop for finding a great new apartment in Indianapolis, IN. Easily search through a wide selection of apartments for rent in Indianapolis, IN, and view detailed information about available rentals including floor plans, pricing, photos, amenities, interactive maps, and thorough property descriptions. Property owners and managers are one click away, so feel free to contact them and find out all you need to know about the apartment you’re interested in. Browse Indianapolis, IN apartments with rents starting from $650 and submit your rental application today!

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