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Apartments for Rent in Indianapolis, IN

2,737 Rentals Available
  • 37
    Today

    5702 Castle Hill Drive, Indianapolis, IN 46250
    1 BED $1,340
    2 BEDS $1,565+
    3 BEDS $1,965
  • Today

    8208 E 36Th St, Indianapolis, IN 46226
    4 BEDS $1,645
  • 45
    Today

    718 E Georgia Street, Indianapolis, IN 46202
    STUDIO $1,276+
    1 BED $1,307+
    2 BEDS $1,960+
  • 24
    Today

    459 Massachusetts Avenue, Indianapolis, IN 46204
    1 BED $1,452+
  • 167
    Today

    4401 S. Keystone Ave, Indianapolis, IN 46227
    1 BED Ask for Pricing
    2 BEDS $1,125+
  • 76
    Today

    7007 Courthouse Dr, Indianapolis, IN 46226
    STUDIO $1,130+
    1 BED $1,006+
    2 BEDS $946+
  • Today

    6809 E 47Th St, Indianapolis, IN 46226
    3 BEDS $1,445
  • 45
    Today

    6401 Woods Edge N Drive, Indianapolis, IN 46250
    1 BED $1,080+
    2 BEDS $1,455+
    3 BEDS $1,910+
  • 33
    Today

    8320 Spyglass Drive, Indianapolis, IN 46260
    1 BED $1,130+
    2 BEDS $1,390+
    3 BEDS $1,775+
  • 33
    Today

    26 West Washington Street, Indianapolis, IN 46204
    1 BED $1,225+
    2 BEDS $1,673+
  • 29
    Today

    5801 N Olney St, Indianapolis, IN 46220
    1 BED $1,126+
    2 BEDS Ask for Pricing
    3 BEDS Ask for Pricing
  • 105
    Today

    5302 Woodbrook Drive, Indianapolis, IN 46254
    1 BED $955+
    2 BEDS $1,275+
    3 BEDS $1,545
  • Today

    5314 Dunk Dr, Indianapolis, IN 46224
    3 BEDS $1,425
  • 20
    Today

    1501 Starcross Ln, Carmel, IN 46280
    1 BED $1,451+
    2 BEDS $1,900+
    3 BEDS $2,427+
  • 197
    Today

    1815 Foyt Drive, Indianapolis, IN 46224
    1 BED $713+
    2 BEDS $974+
  • 58
    Today

    1224 Prospect Street, Indianapolis, IN 46203
    STUDIO $1,110+
    1 BED Ask for Pricing
    2 BEDS $2,105+
  • 148
    Today

    2135 N High School Road, Indianapolis, IN 46224
    1 BED $781+
    2 BEDS $1,062+
    3 BEDS $1,374
  • 57
    Today

    5836 Hunnewell Dr, Indianapolis, IN 46254
    1 BED $935+
    2 BEDS $1,070+
    3 BEDS $1,310+
  • 54
    Today

    115 S. High School Rd, Indianapolis, IN 46241
    1 BED $1,000
    2 BEDS Ask for Pricing
    3 BEDS $1,470
  • 42
    Today

    7503 Ivywood Circle, Indianapolis, IN 46250
    1 BED $949+
    2 BEDS $1,058+
    3 BEDS $1,558+
  • Today

    4312 N Pasadena St, Indianapolis, IN 46226
    3 BEDS $1,425
  • Today

    7417 E 35Th St, Indianapolis, IN 46226
    3 BEDS $1,365
  • 91
    Today

    3001 Bavarian West Drive, Indianapolis, IN 46235
    STUDIO $850+
    1 BED $897+
    2 BEDS $1,074+
  • Today

    3534 Lacebark Dr, Indianapolis, IN 46235
    3 BEDS $1,785
  • 51
    Today

    2730 River Chase Drive, Indianapolis, IN 46214
    1 BED $1,218+
    2 BEDS $1,318+
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Popular searches Average rent Renters guide Demographics

Average rent in Indianapolis, IN

$1,259/mo Indianapolis, IN average rental price, May 2025
Image Average Rent

The average monthly rent of apartments in Indianapolis, IN is $1,259.

Indianapolis, IN apartment rent ranges

About 16% of apartment rents in Indianapolis, IN range between $1,501-$2,000. Meanwhile, apartments around $2,001-$2,500 represent 2% of apartments. Around 60% of Indianapolis’s apartments are in the $1,001-$1,500 price range. 22% of apartments are priced ≤ $1000.

Indianapolis, IN rent trends

Check out the average rent prices in Indianapolis by neighborhood.

Compared to the national average rent of $1,761, the average rent in Indianapolis, IN is $1,259.

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 14 Jul 2025.

What are the best apartments in Indianapolis, IN?

The best apartments in Indianapolis, IN are: 7 Pointe Apartments, The Abby, The Sterling, Lawrence Landing and CityView on 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 $641 and $5,514.

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 $495 and $4,816.

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 $8,016.

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 $726 and $6,700.

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 27% are single-family rentals.

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

The average age of rental buildings in Indianapolis is 41 years old, with 20% being newer apartment buildings completed since 2000. The average height of apartment buildings in the city is 3 stories, of which 95% are garden-style apartment communities, 7% are mid-sized buildings, and 2% are high-rises. These characteristics describe large-scale apartment communities of 50 apartments or more.

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.

Look for apartments near me

Are you looking to land that one apartment near you that ticks all the boxes? Now you can browse through available RentCafe apartment listings in your area, rated and reviewed by verified residents. Comparing the size, price, amenities and location of apartments for rent near you is easier than ever. Do you feel like expanding the search beyond your neighborhood and ZIP code? Browse apartments for rent in your city and state to find the best fit, wherever you are in the U.S. Somewhere out there is the perfect apartment just waiting for you.

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 $495 and submit your rental application today!

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