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Houses for Rent in Downtown Indianapolis, Indianapolis, IN

98 Rentals Available
  • Today

    740 Peony Place, Lewis Center, OH 43035
    2 BEDS $2,457+
    3 BEDS $3,045+
    4 BEDS $3,338
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    657 Birch Avenue, Indianapolis, IN 46221
    3 BEDS $750
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    659 Birch Avenue, Indianapolis, IN 46221
    3 BEDS $750
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    1413 East Washington Street, Indianapolis, IN 46201
    STUDIO $900
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    746 Terrace Avenue, Indianapolis, IN 46203
    3 BEDS $2,800
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  • Today

    1902 Wilcox Street, Indianapolis, IN 46222
    3 BEDS $700
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    2040 N Delaware St, Indianapolis, IN 46202
    2 BEDS $2,200
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    549 North Belmont Avenue, Indianapolis, IN 46222
    3 BEDS $2,100
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    563 Tecumseh St., Indianapolis, IN 46201
    2 BEDS $1,290
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    631 Tecumseh Street, Indianapolis, IN 46201
    3 BEDS $1,400
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    2028 Lexington Avenue, Indianapolis, IN 46203
    3 BEDS $1,450
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    1026 Saint Peter Street, Indianapolis, IN 46203
    3 BEDS $3,350
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    626 E 25Th Street, Indianapolis, IN 46205
    3 BEDS $1,245
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    1115 Winfield Avenue, Indianapolis, IN 46222
    2 BEDS $1,050
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    3078 North Pennsylvania Street, Indianapolis, IN 46205
    3 BEDS $3,200
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    2031 Sharon Avenue, Indianapolis, IN 46222
    3 BEDS $1,635
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    1627 North Tibbs Avenue, Indianapolis, IN 46222
    1 BED $950
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  • Today

    3106 N Harding, Indianapolis, IN 46208
    4 BEDS $1,500
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    3720 Caroline Ave, Indianapolis, IN 46218
    1 BED $800
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    3837 West 30Th Street, Indianapolis, IN 46222
    3 BEDS $850
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    835 East Edwards Avenue, Indianapolis, IN 46227
    3 BEDS $1,695
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    1860 Alton St, Beech Grove, IN 46107
    3 BEDS $1,345
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    2160 S Emerson Avenue, Indianapolis, IN 46203
    3 BEDS $1,180
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    5339 Greensward Lane, Indianapolis, IN 46224
    3 BEDS $1,855
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    2726 S Lyons Ave, Indianapolis, IN 46241
    4 BEDS $1,590
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Downtown Indianapolis, Indianapolis, IN rent trends

Rental prices in Downtown Indianapolis, Indianapolis, IN have decreased by 0.32% over the past year. The average rent moved from $1,577 to $1,572.

Average rent in Downtown Indianapolis, Indianapolis, IN

$1,572/mo Downtown Indianapolis, Indianapolis, IN average rental price, October 2025
Image Average Rent

The average monthly rent for an apartment in Downtown Indianapolis, Indianapolis, IN is around $1,572.

    What's the typical rent budget in Downtown Indianapolis, Indianapolis, IN?

    A share of 3% of apartments in Downtown Indianapolis, Indianapolis, IN have the cheapest rents between ≤ $1000. Around 9% of rentals are $2,001-$2,500. Around 51% of Downtown Indianapolis's apartments have monthly rents between $1,001-$1,500. There are 33% of apartments with rents between $1,501-$2,000. A share of 3% of apartment rentals in Indianapolis are in the $2,501-$3,000 range. Meanwhile, 1% of apartment rentals in Indianapolis are in the > $3,000 range.

    The largest share of rentals in Downtown Indianapolis, Indianapolis, IN (51%) fall between $1,001-$1,500 per month. This suggests that most people succesfully find suitable apartments within this price.

    Getting around in Downtown Indianapolis, IN

    83 /100
    Very Walkable
    67 /100
    Good Transit
    99 /100
    Biker's Paradise
    Walk Score®: 83, Transit Score®: 67, Bike Score®: 99

    Frequently asked questions

    How much is the rent for a house in Downtown Indianapolis, Indianapolis, IN?

    The price range of a house for rent is between $2,457 and $3,942.

    How many houses are available in Downtown Indianapolis, Indianapolis, IN on RentCafe?

    There are 74 house rentals available on RentCafe. Prices and availability in Downtown Indianapolis, Indianapolis, IN were last updated on 19 Nov 2025.

    What is the average size of a rental house in Downtown Indianapolis, Indianapolis, IN?

    The average Downtown Indianapolis, Indianapolis, IN rental house size is 1,581 sq. ft.

    What are the advantages of renting a house in Downtown Indianapolis, Indianapolis, IN?

    Renting a house in Downtown Indianapolis, Indianapolis, IN comes with more space, both indoor and outdoor.

    What are the downsides of renting a house apartment in Downtown Indianapolis, Indianapolis, IN?

    Houses for rent in Downtown Indianapolis, Indianapolis, IN are usually located in non-central areas.

    Downtown Indianapolis, Indianapolis, IN demographics

    • 18,036Total Population
    • 7,961 Female
      10,075 Male
    • 31Median Age

    In total, Downtown Indianapolis, Indianapolis, IN has 18,036 residents, 7,961 women and 10,075 men, per U.S. Census recent estimates. Statistics show that the median age of Downtown Indianapolis’s population is 31.

    Downtown Indianapolis, Indianapolis, IN households

    • 1,993 Family
      7,400 Non-family
    • 509 Children
      8,884 No Children
    • 9,393Total Number of Households
    • 1.14Average People Per Household
    • $61,082Median Household Income

    There is a total of 9,393 households in Downtown Indianapolis, Indianapolis, IN. Of these, 509 have children and 8,884 are without children. Per Census Bureau’s most current estimates, 1,993 family households and 7,400 non-family households live in this area. The size of a household in Downtown Indianapolis is 1.14 people, on average. The median household annual income in Downtown Indianapolis equals $61,082, and the monthly housing costs equal $1,320.

    Downtown Indianapolis, Indianapolis, IN education statistics

    According to data from the U.S. Census Bureau, 2% of the population in Downtown Indianapolis, Indianapolis, IN have no high school education, 25% went to high-school, and 14% have partially completed college. Moreover, 3% of the population hold an Associate Degree, 35% hold a Bachelor Degree, and 20% hold a Graduate Degree.

    Renting a house in Downtown Indianapolis, Indianapolis, IN

    If you love backyard BBQ’s, want a pool table in the basement, and a garage to park your car, then you’re probably looking at homes for rent right now. About are 25 rental homes are located in Downtown Indianapolis, Indianapolis, IN, some on quiet tree-lined side streets, away from the hustle and bustle, some close to busy lively main roads, close to public transportation, dining and entertainment. Wherever you see yourself living, browse our listings of single family homes for rent and you’re sure to spot a few you will like. Renters on a strict budget on the lookout for cheap houses for rent can find listings of duplexes, townhomes, 1 bedroom and 2 bedroom homes for rent, which tend to be more affordable. Some rents go as low as $700, while the average price of rental homes in Downtown Indianapolis, Indianapolis, IN is $1,662.

    Rental houses near good schools are in high demand

    If you have school-aged children, you’ve probably eyed a few good schools in Downtown Indianapolis, Indianapolis, IN. All you have to do now is find a 3 bedroom or 4 bedroom house to rent near one of them. If you are in this situation, you’re in luck. There are 25 total listings of single family homes for rent in the Downtown Indianapolis, Indianapolis, IN neighborhood, with asking rents ranging from $700 to $3,942 per month. Draw a radius or a polygon on the map around the address of the school you’re interested in and see all rental listings are in that area. Once you find a house you like, don’t let it slip away. You can apply for a lease online right away or contact the property manager right here on Rent Café.

    Finding a home nearby is easier than you think. Check out our Apartments Near Me page and take your pick!