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Apartments for Rent in Franklin Heights, Indianapolis, IN

35 Rentals Available
2-23-nhood
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Getting around in Franklin Heights, IN

17 /100
Car-Dependent
27 /100
Some Transit
31 /100
Somewhat Bikeable
Walk Score®: 17, Transit Score®: 27, Bike Score®: 31

Frequently asked questions

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

Prices and availability in Franklin Heights, Indianapolis, IN were last updated on 19 Nov 2025.

What are the best apartments in Franklin Heights, Indianapolis, IN?

The best apartments in Franklin Heights, Indianapolis, IN are: 8209 E 37th Place Indianapolis, IN 46226 and 8308 E 35th Place Indianapolis, IN 46226.

What is the average rent in Franklin Heights, Indianapolis, IN?

The average rent in Franklin Heights, Indianapolis, IN is $1,077.

What type of rental buildings are in Franklin Heights, Indianapolis, IN?

In Franklin Heights, 54% of the residents are renting compared to 46% owning a home, according to data from the U.S. Census Bureau. Large-scale apartment buildings with more than 50 units represent 7% of Franklin Heights’s rentals, 58% are small-scale complexes with under 50 units, and 30% are single-family rentals.

Franklin Heights, Indianapolis, IN demographics

  • 45,640Total Population
  • 24,428 Female
    21,212 Male
  • 33Median Age

In total, Franklin Heights, Indianapolis, IN has 45,640 residents, 24,428 women and 21,212 men, per U.S. Census recent estimates. Statistics show that the median age of Franklin Heights’s population is 33.

Franklin Heights, Indianapolis, IN households

  • 9,913 Family
    9,518 Non-family
  • 5,117 Children
    14,314 No Children
  • 19,431Total Number of Households
  • 2Average People Per Household
  • $47,086Median Household Income

There is a total of 19,431 households in Franklin Heights, Indianapolis, IN. Of these, 5,117 have children and 14,314 are without children. Per Census Bureau’s most current estimates, 9,913 family households and 9,518 non-family households live in this area. The size of a household in Franklin Heights is 2 people, on average. The median household annual income in Franklin Heights equals $47,086, and the monthly housing costs equal $997.

Franklin Heights, Indianapolis, IN education statistics

According to data from the U.S. Census Bureau, 5% of the population in Franklin Heights, Indianapolis, IN have no high school education, 46% went to high-school, and 19% have partially completed college. Moreover, 7% of the population hold an Associate Degree, 13% hold a Bachelor Degree, and 9% hold a Graduate Degree.

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