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Indianapolis may not be the country’s cheapest place to rent, but it certainly provides a greater bang for the buck than other big Midwest cities, including Chicago, the Twin Cities, and Columbus. The average asking rent in Indianapolis is $788 whereas rent in Chicago sits somewhere around $1,573. In the Twin Cities, apartments rent for $1,134 on average, according to data from Yardi Matrix.
Does that mean that Indy renters don’t get to enjoy the art of fine living? Of course they do, and their exclusive apartments come with outstanding amenities including designer finishes, expansive city views, and lush landscaping. Plus hefty price tags, naturally.
Want to experience a luxurious lifestyle in the heart of downtown Indianapolis? Take a peek at The Residences at CityWay, an eco-friendly apartment community offering modern living spaces complemented by an upscale amenity package. Think bright interiors with exposed duct work and brick walls, spacious kitchens with stainless steel appliances, rooftop terraces, and spectacular skyline views. Pretty impressive, right? And the price for all of that? The Vermillion apartment, for example, rents for about $3,050/mo., and it’s not even the priciest rental home in the city.
Check out the list below for some one-of-a-kind beauties, each offering something unique for Indy’s most discerning renters – and a common feature – high rental prices.
#10. 60 Kessler Boulevard East Dr – Single-Family Home
Monthly Rent: $2,925
Address: 60 Kessler Boulevard East Dr, Indianapolis, IN 46220
Features: 4,970 sq. ft. / 3 beds / 2 baths
Photo credit: shellywaltersrealty.com
#9. 8315 Eagle Crest Ln – Single-Family Home
Monthly Rent: $3,000
Address: 8315 Eagle Crest Ln, Indianapolis, IN 46234
Features: 5,727 sq. ft. / 5 beds / 5 full baths, 1 half bath
Photo credit: talktotucker.com
#8. 5147 A Rosegate Lane – Spacious Floorplan in a Garden Home Community
Monthly Rent: $3,045
Address: 5147 A Rosegate Lane, Indianapolis, IN 46237
Features: 1,595 sq. ft. / 2 beds / 2 baths
Photo credit: Point2Homes.com
#7. The Residences at CityWay, “Vermillion” Apartment
Monthly Rent: $3,050
Address: 229 S Delaware St, Indianapolis, IN 46204
Features: 1,877 sq. ft. / 2 beds / 3 full baths, 1 half bath
Photo credit: RentCafe.com
#6. Pulliam Square Apartments, “The Star” Apartment
Monthly Rent: $3,205
Address: 152 E New York St, Indianapolis, IN 46204
Features: 1,754 sq. ft. / 2 beds / 2 full baths, 1 half bath
Photo credit: Pulliamsquareapts.com
#5. Artistry Apartments, “Bauhaus” Apartment
Monthly Rent: $3,290
Address: 451 E Market St, Indianapolis, IN 46204
Features: 1,447 sq. ft. / 3 beds / 2 baths
Photo credit: Artistryindy.com
#4. 7035 Dover Rd – Stunning, Warm Residence
Monthly Rent: $3,295
Address: 7035 Dover Rd, Indianapolis, IN 46220
Features: 4,777 sq. ft. / 5 beds / 4 full baths, 2 half baths
Photo credit: newkirkindy.com
#3. 11416 Bayhill Way – Short-Term Rental Property
Monthly Rent: $3,500
Address: 11416 Bayhill Way, Indianapolis, IN 46236
Features: 3,674 sq. ft. / 3 beds / 2 full baths, 1 half bath
Photo credit: Point2Homes.com
#2. 4567 Cold Spring Rd – Single-Family Home
Monthly Rent: $3,500
Address: 4567 Cold Spring Rd, Indianapolis, IN 46228
Features: 7,781 sq. ft. / 7 beds / 5 full baths
Photo credit: indyhomespecialist.com
#1. 5149 Salter Ct – Fantastic Residential Home
Monthly Rent: $3,500
Address: 5149 Salter Ct, Indianapolis, IN 46250
Features: 6,389 sq. ft. / 6 beds / 4 full baths, 1 half bath
Photo credit: chooselifestyle.com
Would you consider renting any of these unique properties? Check out more houses and apartments for rent in Indianapolis on RentCafe.com.
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Amalia Otet is an online content developer and creative writer for RENTCafé. She loves all things real estate and strives to live beautifully, one green step at a time.
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