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indianapolis
Last updated February 19 2020 at 11:54 PM

721 Apartments for rent in Indianapolis, IN

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Downtown Indianapolis
Eastside
Chapel Hill Ben Davis
Snacks Guion Creek
St. Vincent Greenbriar
See all neighborhoods
Verified
Last updated February 20 at 12:06am
South Perry
30 Units Available
Sycamores Apartments
1614 E Stop 11 Rd, Indianapolis, IN
Studio
Ask
1 Bedroom
$669
842 sqft
2 Bedrooms
$759
977 sqft
The Sycamores is located on the south side of Indianapolis, Indiana with Greenwood Park Mall, Downtown Indy, I-465 and I-65, minutes away. These Spacious apartment homes are nestled in a quiet area, surrounded by mature trees and lots of green space.
Verified
Last updated February 20 at 12:05am
St. Vincent - Greenbriar
10 Units Available
The Springs Apartment Homes
8851 Springside Ln E, Indianapolis, IN
1 Bedroom
$1,029
775 sqft
2 Bedrooms
$949
1117 sqft
Situated off I-465 and minutes for parks, restaurants, golfing, shopping centers and Eagle Creek Park. All units have private garage, granite countertops and stainless steel appliances. Clubhouse, saltwater pool, gym and coffee bar on site.
Verified
Last updated February 19 at 11:05pm
Garden City
97 Units Available
The Boardwalk at Westlake
6000 Westlake Dr, Indianapolis, IN
Studio
$539
454 sqft
1 Bedroom
$589
605 sqft
2 Bedrooms
$709
935 sqft
Conveniently located close to Lucas Oil Stadium, Indy 500 Speedway, Indianapolis International Airport and downtown Indianapolis. One- through three-bedroom units available. Residents have access to clubhouse, internet cafe, media room, pool and tennis courts.
Verified
Last updated February 19 at 11:05pm
Castleton
32 Units Available
Parkside at Castleton Square
6401 Woods Edge North Dr, Indianapolis, IN
1 Bedroom
$729
671 sqft
2 Bedrooms
$869
1072 sqft
3 Bedrooms
$1,399
1345 sqft
Located between I-465 and I-69, adjacent to Sahm Park and just blocks from Castleton Square Mall. 1-3 bedroom units have walk-in closets, fireplaces and laundry hookups. Clubhouse, gym, tanning beds, internet cafe and pool onsite.
Verified
Last updated February 19 at 11:05pm
22 Units Available
Lakeside Crossing at Eagle Creek
3833 Wind Drift Dr, Indianapolis, IN
1 Bedroom
$719
671 sqft
2 Bedrooms
$874
1063 sqft
3 Bedrooms
$1,349
1345 sqft
Large apartment complex close to I-465 for easy commuting and only minutes from downtown. Spacious, sun-drenched apartments with hardwood floors, fireplace and dishwasher. Pool, tennis court and 24 hour gym on premises.
Verified
Last updated February 19 at 11:05pm
Millersville
47 Units Available
7 Pointe
4724 Round Lake Rd, Indianapolis, IN
1 Bedroom
$915
751 sqft
2 Bedrooms
$799
1123 sqft
3 Bedrooms
$995
1207 sqft
Stylish homes with walk-in closets, a patio/balcony and in-unit laundry. Enjoy a grill area and pool on site. Easy access to the happening Broad Ripple neighborhood. Close to Butler University.
Verified
Last updated February 19 at 11:05pm
Downtown Indianapolis
23 Units Available
Pulliam Square
152 E New York St, Indianapolis, IN
Studio
$1,110
668 sqft
1 Bedroom
$1,463
925 sqft
2 Bedrooms
$1,731
1214 sqft
Brand new development in the heart of downtown. Be the first to live here and enjoy 24 hour gym access, lovely courtyard, bocce court and playground. Stunning units with granite counters and hardwood floors.
Verified
Last updated February 19 at 11:05pm
St. Vincent - Greenbriar
90 Units Available
Reflections
7999 Silverleaf Dr, Indianapolis, IN
Studio
$679
450 sqft
1 Bedroom
$849
770 sqft
2 Bedrooms
$989
1138 sqft
Cozy homes within a great residential environment. Community amenities include a children's play area, fitness center and sparkling pool. Pet friendly. Easy access to I-465 and I-65.
Verified
Last updated February 19 at 10:31pm
Eastside
5 Units Available
Indy Town Apartments
6046 E 21st Street, Suite 1B Management Office, Indianapolis, IN
1 Bedroom
Ask
2 Bedrooms
$599
853 sqft
Welcome to Indy Town Apartments!
Verified
Last updated February 19 at 10:31pm
Near Eastside
9 Units Available
Glen Ridge Manor
4737 E 19th St, Indianapolis, IN
2 Bedrooms
$674
1250 sqft
Indy Town Apartments NOW Offering Newly Renovated Apartments & Townhomes!
Verified
Last updated February 19 at 10:31pm
Eastside
11 Units Available
Greenway
5350 East 21st Street, Indianapolis, IN
1 Bedroom
$565
665 sqft
2 Bedrooms
$579
885 sqft
Greenway Apartments NOW Offering Newly Renovated Apartments! Schedule your tour today! Ask about our Leasing Specials!
Verified
Last updated February 19 at 10:31pm
Snacks - Guion Creek
13 Units Available
Ashford Georgetown
5810 Sebring Dr, Indianapolis, IN
1 Bedroom
$615
650 sqft
2 Bedrooms
$800
868 sqft
3 Bedrooms
Ask
At Ashford Georgetown in Indianapolis, Indiana, choose from newly renovated one-, two-, and three-bedroom apartment homes and townhomes.
Verified
Last updated February 19 at 10:31pm
Wynnedale - Spring Hill
10 Units Available
The Residence at White River Apartments
3861 Gable Lane Dr, Indianapolis, IN
1 Bedroom
$930
718 sqft
2 Bedrooms
$1,060
998 sqft
3 Bedrooms
$1,395
1265 sqft
Adjacent to the beautiful White River, this community offers easy access to the Museum of Art, Riverside Park and downtown Indianapolis. Residents have their own fireplaces and can relax poolside or in the clubhouse.
Verified
Last updated February 19 at 10:31pm
I69-Fall Creek
86 Units Available
Lake Castleton Apartment Homes
7601 Carlton Arms Dr, Indianapolis, IN
Studio
$640
457 sqft
1 Bedroom
$659
634 sqft
2 Bedrooms
$807
969 sqft
Enjoy a gorgeous, sparkling pool and sitting area right on Lake Castleton. Recently renovated apartments with walk-in closets, dishwasher and plenty of sunlight. Basketball and tennis courts open to residents. Pet friendly!
Verified
Last updated February 19 at 10:31pm
North High School
19 Units Available
Pangea Parkwest Apartments
5816 W 38th St, Indianapolis, IN
1 Bedroom
$604
550 sqft
2 Bedrooms
$518
890 sqft
3 Bedrooms
Ask
Residents of this community are close to Street Plaza and Meadowood Park. Community amenities include a fully-equipped gym, on-site laundry and a community pool. The recently renovated 2-3 bedroom units feature walk-in closets.
Verified
Last updated February 19 at 10:31pm
Eagledale
22 Units Available
Pangea Cedars Apartments
3417 N Rybolt Ave, Indianapolis, IN
Studio
$617
417 sqft
1 Bedroom
$647
640 sqft
2 Bedrooms
$718
629 sqft
Modern apartments just 15 minutes from downtown Indy. Dogs and cats allowed. Parking and laundry available on site. Near the Indiana Discount Mall and Saraga International Grocery for shopping convenience.
Verified
Last updated February 19 at 10:31pm
Marian - Cold Springs
4 Units Available
Pangea Riverside
2638 Cold Spring Manor Dr, Indianapolis, IN
1 Bedroom
$719
600 sqft
2 Bedrooms
$696
780 sqft
3 Bedrooms
Ask
1-2 bedroom apartments with hardwood floors and open kitchens. Residents get access to the outdoor pool and sundeck. Located minutes away from the White River and Coffin Golf Course for scenic vistas.
Verified
Last updated February 19 at 10:31pm
Eastside
12 Units Available
Pangea Vistas
1366 N Arlington Ave, Indianapolis, IN
2 Bedrooms
$598
885 sqft
Newly renovated apartments with large walk-in closets, private patio/balcony and carpeted floors. Affordable prices and excellent location on Arlington Ave with easy access to downtown Indy.
Verified
Last updated February 19 at 10:31pm
Garden City
28 Units Available
Pangea Hills
5500 Pleasant Hill Cir, Indianapolis, IN
1 Bedroom
$593
625 sqft
2 Bedrooms
$552
770 sqft
3 Bedrooms
$780
1076 sqft
Accessible location just minutes from shopping, restaurants and Interstate 465. Two- and three-bedroom pet-friendly units available. Hardwood floors, all major appliances and private patio/balcony. Residents have access to on-site gym, playground and pool.
Verified
Last updated February 19 at 10:31pm
Eagledale
22 Units Available
Pangea Fields
3215 N Alton Ave, Indianapolis, IN
1 Bedroom
$567
662 sqft
2 Bedrooms
$651
1064 sqft
3 Bedrooms
$954
1278 sqft
Minutes from Moreland Park and Marian University. On-site amenities include pool, dedicated parking and laundry facilities. One- to three-bedroom units available equipped with hardwood flooring, dishwasher and a private balcony or patio.
Verified
Last updated February 19 at 10:31pm
North High School
26 Units Available
Pangea Meadows
5505 Scarlet Dr, Indianapolis, IN
Studio
$600
500 sqft
1 Bedroom
$523
640 sqft
2 Bedrooms
$681
1030 sqft
Recently renovated homes with washer and dryer hookup, hardwood floors and a patio/balcony. Pet friendly. Parking available on site. Easy access to I-465 and I-65. Near Eagle Creek Park.
Verified
Last updated February 19 at 10:31pm
Chapel Hill - Ben Davis
6 Units Available
West Park
1225 West Park Way, Indianapolis, IN
1 Bedroom
Ask
2 Bedrooms
$951
1125 sqft
3 Bedrooms
$1,096
1380 sqft
A charming place to call home with a grilling area, pool, rec room, and carport. On-site playground available. Homes include washer and dryer hookups, lots of storage, and efficient appliances.
Verified
Last updated February 19 at 10:30pm
Downtown Indianapolis
108 Units Available
Residences at CityWay
229 S Delaware St, Indianapolis, IN
Studio
$1,260
578 sqft
1 Bedroom
$1,175
804 sqft
2 Bedrooms
$1,639
1254 sqft
Convenient urban living with easy access to the best local bars, eateries and public transportation. Airy and spacious apartments with granite counters and stainless steel appliances. Secure bike storage and 24-hour maintenance.
Verified
Last updated February 19 at 10:30pm
North Central
10 Units Available
Solana Apartments at the Crossing
7745 Solana Dr, Indianapolis, IN
1 Bedroom
$1,063
732 sqft
2 Bedrooms
$1,244
1703 sqft
3 Bedrooms
$1,689
2427 sqft
On-site lake provides access to White River. Amenities include kayak rentals, gym and pool. One- and two-bedroom units include granite countertops and wood floors. Close to I-465, Castleton Square Mall and The Fashion Mall at Keystone.

Median Rent in Indianapolis

Last updated Jan. 2020
The median rent for a 1 bedroom apartment in Indianapolis is $707, while the median rent for a 2 bedroom apartment is $876.
Studio
$609
1 Bed
$707
2 Beds
$876
3+ Beds
$1,174
City GuideIndianapolis
Having trouble with Craigslist Indianapolis? Can't find that special apartment for rent on Apartment Finder or Apartment Guide? Apartment List is here to help!

Traffic at Monument Circle in downtown Indianapolis

Racecar at Indy 500 series with US navy member

Pair of Sichuan Takin fight at Indianapolis Zoo

We're Not Formulaic, We're Indy

Indianapolis is an enigma. Naptown, Indianoplace, and references by Baltimorians too unsavory for this site are all used as paramount putdowns about a city thought to be blander and more uninspired than powdered water. But Indianapolis is the capital city to movies set in the Hoosier State such as Hoosiers, Breaking Away, and Rudy (if ever you've wanted to see a grown man quiver and cry with joy rent these, you'll see). Plus, at certain times of the year, Indy becomes as frenetic as any city on earth; like its New Years, Mardi Gras, Fourth of July, and Robert Isray Appreciation Day all rolled into one.

Indianapolis is a city most largely defined by its sports and the banter and camaraderie that always accompany such a potent cultural bond. Beyond this though, ten Fortune 1000 companies within the city limits mean that the Indianapolis employment picture is decent (sorry, the Colts aren't hiring quarterbacks).

We may not have the Statue of Liberty, but we have a racetrack and we're affordable

Indianapolis is in the shallow end of the pool of monthly rent and it's easy to wade in and out. The most expensive 1 BR apartment in Indianapolis welcomes you at under $1,300 per month. The other Indianapolis neighborhoods, all within easy reach of one another, average around $700 for a one bedroom, $850 for a two bedroom, and $1,000 for a three bedroom. If you've ever lived in NYC, LA, SFO, or any other city recognizable solely from its initials, you're going to have a lot of extra funds each month for all the tenderloin sandwiches and Sun Kings.

Basketball, A Grand Canal, 50,000 students, that little race, and was basketball mentioned yet?

Like every major city, there is shopping, art, colleges, parks, culture, sport, and pockets of divine dining. Indianapolis is marginally more compact in these regards, but no different. Well, no different except for the high school hoops fanaticism and the refurbished remnant of a failed waterways experiment - the Grand Canal - complete with gondolas. Let us explore the apartment scene of the Venice of the Midwest.

Downtown: Home to most of Indy's popular attractions (Colts, Pacers, Symphony, the historically significant Hilbert Circle Theater, Circle Centre Shopping), burgeoning restaurant scene, and IUPUI, the downtown area/canal/wholesale district is the most "now" section of Indianapolis. It used to be the most "then." Not that long ago, much of downtown Indy was on the "strictly functional" side of architecture and vibe. As Indianapolis was the site of the world's first union train station, it was largely dominated by its sprawling network of railroad operations - sort of a proletarian and thuggish aura. Since 1995, nearly $700 million has been invested in chic buildings including some destination hotels. Many of the apartment complexes included recently renovated pool and gym areas, greatly increasing the livability of the area. Now the whole place vibes less Orwell's 1984 and more Prince's 1999. $1,300 for top-of-the line 1BR apartment with washer and dryer included. Plenty of high end 2BR apartments available for that price. $800 for a decent 1BR.

Broad Ripple: Youthful, fun, full of nightlife, proximity to the most tenacious NCAA team ever, the Butler Bulldogs, as well as David Letterman and Kurt Vonnegut, Broad Ripple is clever and relevant. Broad Ripple is about 6 miles north of downtown and its "we're open if you are" motto sums up a lot about the bohemian nature of the village. There're 50 restaurants, some of them family style places, within a 1/3 mile radius. It's clean with lots going on. Around $725 for a 1BR, $875 for a 2 BR.

Fountain Square: Just a couple miles southeast of downtown Indianapolis, Fountain Square is one of Indianapolis' six designated cultural districts. Fountain Square is the primary neighborhood for Indy's artists and galleries and is anchored by the (bubbling with Americana) diner/duckpin bowling alley. Around $500 for a 1BR - bungalows and lofts here too.

White River Area: A couple miles west of downtown you'll find White River State Park - America's only urban cultural park. Located in the same vicinity is the Indianapolis Zoo - the only such institution accredited as a zoo, aquarium, and botanical garden. More sedate and outdoorsy than most other Indianapolis neighborhoods, the White River area boasts lots of golf courses and easy access to the 65 and 465 if you're driving somewhere, and the racetrack for if you're driving somewhere really FAST. This is a great part of the city for pet friendly apartments, many of which include great access to dog parks.

East: Go East-Northeast from downtown Indianapolis for 10 miles or so, in the direction I-69 and/or I-465 and you'll find many cookie-cutter complexes. Respectable, with landscaped grounds, amenities, water features, and social events, these offer the least in terms of vibrancy, but the most in terms of commuting and a lot-for-a-little. Decent 1 BR apartments under $500, 2 BR under $700.

Indianapolis is known for cars, but what about mine?

Traffic is not much of a problem, there is reasonably priced parking downtown, and the public transportation system is easy enough but limited. Keep your car, but just make sure that your apartment community offers either a parking garage or assigned parking spaces.

Just the facts Manning

Downtown Indianapolis and its cultural districts do not feature many apartment complexes or highrises. Smaller, landlord owned (but not onsite) homes in the Cape Cod or Bungalow style are somewhat common rental options. As such, the terms are rather varied, with some tenant-at-will, some 6-month lease scenarios, some 15-month arrangements in more upscale residences, and, of course, lots in between. Pets are widely accepted, even in the complexes, but pet deposits/pet rents may exist.

Plan about 5 times as well around Memorial Day (Indy 500) and end of July (Brickyard 400). Indianapolis gets insanely big and busy - not a good time to have the in-laws come in from Topeka.

Indianapolis trivia

Indianapolis, for its undeserved vanilla rep, does host the world’s most attended sporting event: the Indy 500 at which those seated, in pavilions, and tailgating can top 400,000, or 50% the size of the city itself. Say what you will about the societal contributions of racing, but that is an impressive feat considering there are just 32,000 total hotel rooms in the entire metropolitan region.

February 2020 Indianapolis Rent Report

Welcome to the February 2020 Indianapolis Rent Report. Indianapolis rents increased over the past month. In this report, we'll evaluate trends in the Indianapolis rental market, including comparisons to cities throughout the metro, state, and nation.

View full Rent Report

February 2020 Indianapolis Rent Report

Welcome to the February 2020 Indianapolis Rent Report. Indianapolis rents increased over the past month. In this report, we'll evaluate trends in the Indianapolis rental market, including comparisons to cities throughout the metro, state, and nation.

Indianapolis rents increased slightly over the past month

Indianapolis rents have increased 0.2% over the past month, and are up moderately by 2.2% in comparison to the same time last year. Currently, median rents in Indianapolis stand at $708 for a one-bedroom apartment and $876 for a two-bedroom. This is the fourth straight month that the city has seen rent increases after a decline in September of last year. Indianapolis' year-over-year rent growth leads the state and national averages, which both stand at 1.6%.

    Rents rising across the Indianapolis Metro

    Throughout the past year, rent increases have been occurring not just in the city of Indianapolis, but across the entire metro. Of the largest 10 cities that we have data for in the Indianapolis metro, 8 of them have seen prices rise. Here's a look at how rents compare across some of the largest cities in the metro.

    • Beech Grove has the least expensive rents in the Indianapolis metro, with a two-bedroom median of $844; additionally, the city has seen rent growth of 1.2% over the past month, the fastest in the metro.
    • Over the past year, Fishers has seen the biggest rent drop in the metro, with a decline of 4.6%. Median two-bedrooms there cost $1,143, while one-bedrooms go for $923.
    • Zionsville has the most expensive rents of the largest cities in the Indianapolis metro, with a two-bedroom median of $1,615; rents decreased 0.1% over the past month but were up 4.7% over the past year.

    Indianapolis rents more affordable than many comparable cities nationwide

    As rents have increased moderately in Indianapolis, a few similar cities nationwide have also seen rents grow modestly. Indianapolis is still more affordable than most other large cities across the country.

    • Rents increased moderately in other cities across the state, with Indiana as a whole logging rent growth of 1.6% over the past year. For example, rents have grown by 2.4% in Fort Wayne and 1.1% in Evansville.
    • Indianapolis' median two-bedroom rent of $876 is below the national average of $1,193. Nationwide, rents have grown by 1.6% over the past year compared to the 2.2% rise in Indianapolis.
    • While Indianapolis' rents rose moderately over the past year, many cities nationwide also saw increases, including Phoenix (+3.7%), Dallas (+2.4%), and Seattle (+1.8%).
    • Renters will find more reasonable prices in Indianapolis than most similar cities. For example, San Francisco has a median 2BR rent of $3,090, which is more than three-and-a-half times the price in Indianapolis.

    For more information check out our national report. You can also access our full data for cities and counties across the U.S. at this link.

    City
    Median 1BR Rent
    Median 2BR Rent
    M/M Rent Growth
    Y/Y Rent Growth
    Indianapolis
    $710
    $880
    0.2%
    2.2%
    Carmel
    $990
    $1,230
    0.2%
    2.4%
    Fishers
    $920
    $1,140
    -0.1%
    -4.6%
    Noblesville
    $860
    $1,070
    -0.4%
    3.5%
    Greenwood
    $750
    $930
    -0.1%
    2.6%
    Plainfield
    $820
    $1,010
    0.5%
    5%
    Brownsburg
    $770
    $950
    -0.1%
    -0.1%
    Greenfield
    $730
    $910
    -0.5%
    2.4%
    Beech Grove
    $680
    $840
    1.2%
    4.5%
    Zionsville
    $1,300
    $1,610
    -0.1%
    4.7%
    Avon
    $980
    $1,210
    0.3%
    0.5%
    See More

    Methodology - Recent Updates:

    Data from private listing sites, including our own, tends to skew toward luxury apartments, which introduces sample bias when estimates are calculated directly from these listings. To address these limitations, we’ve recently made major updates to our methodology, which we believe have greatly improved the accuracy and reliability of our estimates.

    Read more about our new methodology below, or see a more detailed post here.

    Methodology:

    Apartment List is committed to making our rent estimates the best and most accurate available. To do this, we start with reliable median rent statistics from the Census Bureau, then extrapolate them forward to the current month using a growth rate calculated from our listing data. In doing so, we use a same-unit analysis similar to Case-Shiller’s approach, comparing only units that are available across both time periods to provide an accurate picture of rent growth in cities across the country.

    Our approach corrects for the sample bias inherent in other private sources, producing results that are much closer to statistics published by the Census Bureau and HUD. Our methodology also allows us to construct a picture of rent growth over an extended period of time, with estimates that are updated each month.

    Read more about our methodology here.

    About Rent Reports:

    Apartment List publishes monthly reports on rental trends for hundreds of cities across the U.S. We intend these reports to be a source of reliable information that help renters and policymakers make sound decisions, and we invest significant time and effort in gathering and analyzing rent data. Our work is covered regularly by journalists across the country.

    We are continuously working to improve our methodology and data, with the goal of providing renters with the information that they need to make the best decisions.

    Renter Confidence Survey

    Apartment List has released Indianapolis’ results from the third annual Apartment List Renter Satisfaction Survey. This survey, which drew on responses from over 45,000 renters nationwide, provides insight on what states and cities must do to meet the needs of the country’s 111 million renters.

    "Indianapolis renters expressed general satisfaction with the city overall," according to Apart...

    View full Indianapolis Renter Survey

    Here’s how Indianapolis ranks on:

    C+
    Overall satisfaction
    C+
    Safety and crime rate
    B
    Jobs and career opportunities
    C+
    Recreational activities
    A-
    Affordability
    B-
    Quality of schools
    C+
    Social Life
    B+
    Commute time
    C+
    State and local taxes
    D
    Public transit
    B-
    Pet-friendliness

    Overview of Findings

    Apartment List has released Indianapolis’ results from the third annual Apartment List Renter Satisfaction Survey. This survey, which drew on responses from over 45,000 renters nationwide, provides insight on what states and cities must do to meet the needs of the country’s 111 million renters.

    "Indianapolis renters expressed general satisfaction with the city overall," according to Apartment List. "However, ratings varied greatly across different categories, indicating that even hough renters love Indianapolis, some aspects can be better."

    Key Findings in Indianapolis include the following:

    • Indianapolis renters gave their city a C+ overall.
    • The highest-rated categories for Indianapolis were affordability and commute time, which received A- and B+ grades, respectively.
    • The areas of concern to Indianapolis renters are weather (F) and public transit (D).
    • Indianapolis millennials are moderately satisfied with their city, giving it an overall rating of C+, while renters who are parents are less satisfied, giving it an F.
    • Indianapolis did relatively well compared to similar cities nationwide, including Columbus (C+), Baltimore (C) and Albuquerque (C).
    • The top rated cities nationwide for renter satisfaction include Scottsdale, AZ, Irvine, CA, Boulder, CO and Ann Arbor, MI. The lowest rated cities include Tallahassee, FL, Stockton, CA, Dayton, OH, Detroit, MI and Newark, NJ.

    Renters say:

    • "There are always things to do in Indianapolis, like events where you can get to know other people." -Annie N.
    • "It’s a good-sized city with a small-town feel." -Jennifer B.
    • "I love the way the Indianapolis area has evolved, but the increase in crime is a concern." -Anon.

    For more information on the survey methodology and findings or to speak to one of our researchers, please contact our team at rentonomics@apartmentlist.com.

    View our national survey results here.

    Similar Pages

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