| 1 BED | $1,087+ |
| 2 BEDS | $1,256+ |
| 3 BEDS | $1,615+ |
| 1 BED | $885+ |
| 2 BEDS | $1,415+ |
| 3 BEDS | $1,750+ |
| 1 BED | $1,030+ |
| 2 BEDS | $1,255+ |
| 3 BEDS | $1,890+ |
| 3 BEDS | $1,705 |
| 1 BED | $801+ |
| 2 BEDS | $1,092+ |
| 3 BEDS | $1,434 |
| 4 BEDS | $1,650 |
| STUDIO | $782+ |
| 1 BED | $828+ |
| 2 BEDS | $1,020+ |
| 1 BED | $1,094 |
| 2 BEDS | $1,294 |
| 3 BEDS | $1,704 |
| 1 BED | $1,094 |
| 2 BEDS | $1,294+ |
| 3 BEDS | $1,704+ |
| 3 BEDS | $1,810 |
| STUDIO | $770+ |
| 1 BED | $825+ |
| 2 BEDS | $1,035+ |
Rental prices in The Islands, Indianapolis, IN have decreased by 3.07% over the past year. The average rent moved from $1,200 to $1,163.
Check out the average rent in Indianapolis.
The national average price of rental apartments is $1,743, while the average monthly rent in The Islands, Indianapolis, IN is $1,163.
The average monthly rent for an apartment in The Islands, Indianapolis, IN is around $1,163.
A share of 24% of apartments in The Islands, Indianapolis, IN have the cheapest rents between ≤ $1000. Around 73% of The Islands's apartments have monthly rents between $1,001-$1,500. There are 3% of apartments with rents between $1,501-$2,000.
The largest share of rentals in The Islands, Indianapolis, IN (73%) fall between $1,001-$1,500 per month. This suggests that most people succesfully find suitable apartments within this price.
Prices and availability in The Islands, Indianapolis, IN were last updated on 26 Nov 2025.
The best apartment in The Islands, Indianapolis, IN is: Waterfront Pointe.
The average rent in The Islands, Indianapolis, IN is $1,211.
The price range for a 1-bedroom apartment in The Islands, Indianapolis, IN is between $1,087 and $1,102.
The price range for a 2-bedroom apartment in The Islands, Indianapolis, IN is between $1,256 and $1,295.
The price range for a 3-bedroom apartment in The Islands, Indianapolis, IN is between $1,615 and $1,616.
In The Islands, 53% of the residents are renting compared to 47% owning a home, according to data from the U.S. Census Bureau. Large-scale apartment buildings with more than 50 units represent 14% of The Islands’s rentals, 74% are small-scale complexes with under 50 units, and 12% are single-family rentals.
In total, The Islands, Indianapolis, IN has 24,645 residents, 13,050 women and 11,595 men, per U.S. Census recent estimates. Statistics show that the median age of The Islands’s population is 35.
There is a total of 10,436 households in The Islands, Indianapolis, IN. Of these, 2,861 have children and 7,575 are without children. Per Census Bureau’s most current estimates, 5,247 family households and 5,189 non-family households live in this area. The size of a household in The Islands is 2 people, on average. The median household annual income in The Islands equals $58,863, and the monthly housing costs equal $1,127.
According to data from the U.S. Census Bureau, 3% of the population in The Islands, Indianapolis, IN have no high school education, 37% went to high-school, and 24% have partially completed college. Moreover, 11% of the population hold an Associate Degree, 19% hold a Bachelor Degree, and 6% hold a Graduate Degree.
RentCafe is your one-stop shop for finding a great new apartment in The Islands, Indianapolis, IN. Easily search through a wide selection of apartments for rent in The Islands, 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 The Islands, Indianapolis, IN apartments with rents starting from $705 and submit your rental application today!
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