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  • College
  • Architecture
  • Upscale
  • Affordable
  • Art
  • Dining
  • Nightlife
  • Walkable
  • Sports

Downtown Indianapolis is a true marvel of American urban design, and is rightly recognized as one of the stylistic gems of the Midwest. The grand architecture of the various government buildings and museums ranges from neoclassical to ultra-modern, creating a timeless and visually stunning environment. Huge monuments and war memorials punctuate the landscape as well – in fact, Indianapolis has more such public tributes than any city in America apart from Washington, DC.

Downtown features a thriving nightlife scene, mainly along Meridian Street and Massachusetts Avenue and incorporating an immense selection of bars, clubs, and live music venues for every taste. The dining is unbeatable, with world-class restaurants of every description within a short walk from anywhere and the popular Food Truck Fridays delivering more eclectic fare during the summer months.

The Downtown housing market is unique and diverse, ranging from upscale high-rise units to an abundance of surprisingly affordable studio apartments, and dozens of apartment buildings appear on the National Register of Historic Places. The abundance of lower-cost options is great for students (as well as faculty and staff) attending Indiana University - Purdue University Indianapolis, whose campus sits along the White River on the west side of Downtown.

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Rent Trends

As of October 2017, the average apartment rent in Indianapolis, IN is $922 for a studio, $1,098 for one bedroom, $1,450 for two bedrooms, and $2,204 for three bedrooms. Apartment rent in Indianapolis has increased by 0.2% in the past year.

Beds
Avg Sq Ft
Avg Rent
Studio
511
$922
1 BR
717
$1,098
2 BR
1,077
$1,450
3 BR
1,449
$2,204
Beds
Avg Sq Ft
Avg Rent

Ratings

70 Walk Score® Very Walkable
54 Transit Score® Good Transit
79 Bike Score® Very Bikeable

Nearby

1,119 Apartments Available

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Circa
617 N College Ave, Indianapolis, IN 46204
1 / 43
47 min
$1,095 - 2,900 Studio - 3 Bed Available Now
317-225-5838
Artistry
451 E Market St, Indianapolis, IN 46204
1 / 80
47 min
$1,030 - 3,245 Studio - 3 Bed Available Now
844-240-5472
Pulliam Square
152 E New York St, Indianapolis, IN 46204
1 / 94
6 hrs
$1,210 - 2,327 Studio - 2 Bed Available Now
844-339-3336
The Vue
718 E Georgia St, Indianapolis, IN 46202
1 / 2
6 hrs
$900 - 3,500 Studio - 2 Bed Available Now
317-622-4636
946 MLK
946 Dr Martin Luther King Jr St, Indianapolis, IN 46202
1 / 43
3 days
$1,265 - 2,695 1-3 Bed Available Now
317-588-3836
Lockerbie Lofts
640 E Michigan St, Indianapolis, IN 46202
1 / 32
4 days
$995 - 1,700 Studio - 2 Bed Available Now
317-982-6127
The Avenue
900 W 10th St, Indianapolis, IN 46202
1 / 41
2 wks
$599 - 1,355 Studio - 4 Bed Available Now
844-677-1584
9 on Canal
335 W 9th St, Indianapolis, IN 46202
1 / 43
2 wks
$1,219 - 2,535 Studio - 3 Bed Available Now
317-614-7879
Stadium Lofts & Flats
1501 W 16th St, Indianapolis, IN 46202
1 / 49
2 wks
$829 - 1,429 1-2 Bed Available Now
844-400-9648
Axis
401 N Senate Ave, Indianapolis, IN 46204
1 / 27
2 wks
$1,510 - 2,095 Studio - 2 Bed Available Now
317-218-4143
360 Market Square
131 N Alabama St, Indianapolis, IN 46204
1 / 6
2 wks
$1,300 - 2,300 Studio - 2 Bed Available Soon
844-462-7965
Cosmopolitan on the Canal
310 W Michigan St, Indianapolis, IN 46202
1 / 32
2 wks
$1,120 - 2,690 Studio - 2 Bed Available Now
888-350-8875
2131 North
2131 N Meridian St, Indianapolis, IN 46202
1 / 52
3 days
$1,135 - 1,665 1-2 Bed Available Now
317-548-4174
LUX on Capitol
501 N Capitol Ave, Indianapolis, IN 46204
1 / 71
2 wks
$784 - 1,259 Studio - 4 Bed Available Now
317-981-7332
The Delaware Apartments
2205 N Delaware St, Indianapolis, IN 46205
5 hrs
$999 - 1,900 Studio - 2 Bed Available Now
844-401-0474
632 MLK Apartments
632 Dr Martin Luther King Jr St, Indianapolis, IN 46202
5 hrs
$1,099 - 2,800 Studio - 4 Bed Available Now
317-588-3937
The Tyler
1201 Indiana Ave, Indianapolis, IN 46202
6 hrs
$645 - 970 1-4 Bed Available Now
844-221-0574
Maxwell Apartments
530 E Ohio Street, Suite C, Indianapolis, IN 46204
6 hrs
$1,120 - 1,895 1-2 Bed Available Now
317-708-3659
Temple Lofts
1225 Dr Martin Luther King Jr St, Indianapolis, IN 46202
4 days
$940 - 1,895 1-3 Bed Available Now
317-981-7413
Riley Towers
650 N Alabama St, Indianapolis, IN 46204
5 days
$825 - 2,419 Studio - 3 Bed Available Now
866-876-1715
Monon Lofts
1102 E 16th St, Indianapolis, IN 46202
1 wk
$1,025 - 1,420 1-2 Bed Available Now
844-635-3702
Canal Overlook Apartments
430 N Indiana Ave, Indianapolis, IN 46202
2 wks
$1,000 - 2,300 Studio - 2 Bed Available Now
844-820-1951
Canal Square Apartments
359 N West St, Indianapolis, IN 46202
2 wks
$1,009 - 1,774 1-2 Bed Available Now
317-202-1687
SLATE
501 Virginia Ave, Indianapolis, IN 46203
2 wks
$1,190 - 1,450 Studio - 2 Bed Available Now
317-608-6157

Apartments for Rent in Downtown Indianapolis, Indianapolis, IN

Downtown Indianapolis is a true marvel of American urban design, and is rightly recognized as one of the stylistic gems of the Midwest. The grand architecture of the various government buildings and museums ranges from neoclassical to ultra-modern, creating a timeless and visually stunning environment. Huge monuments and war memorials punctuate the landscape as well – in fact, Indianapolis has more such public tributes than any city in America apart from Washington, DC.

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