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indianapolis
Last updated January 20 2021 at 11:02 PM

3,286 Apartments for rent in Indianapolis, IN

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Check out 3,286 verified apartments for rent in Indianapolis, IN with rents starting as low as $350. Some apartments for rent in Indianapolis might offer rent specials. Look out for the
$
rent special icon!
Verified
42 Units Available
Riverbend Apartments
8850 River Bend Pkwy
Indianapolis, IN | Castleton
1 Bedroom
$725
722 sqft
2 Bedrooms
$975
987 sqft
Last updated January 20 at 10:51 PM
Surrounded by two lakes and the White River, this green community offers yoga, a volleyball court, shuffleboard and other recreational activities. Apartments are newly upgraded, and residents can enjoy the poolside coffee bar outside.
Verified
8 Units Available
Astoria Park
3640 Beluga Ln
Indianapolis, IN | Aspen Ridge
1 Bedroom
$715
691 sqft
2 Bedrooms
$805
917 sqft
Last updated January 20 at 10:51 PM
Recently updated. Homes feature new appliances and a patio/balcony. Enjoy a lake view. Have access to a barbecue area and pool on site. Close to I-465. Near Eagle Creek Park.
Verified
4 Units Available
Southport Crossing
1451 E Southport Rd
Indianapolis, IN | Edgewood
1 Bedroom
$700
700 sqft
2 Bedrooms
$950
1150 sqft
3 Bedrooms
Ask
Last updated January 20 at 10:51 PM
Take a Virtual Tour Now! Live life at the next level at Southport Crossing Apartments and Townhomes in Indianapolis IN.
Verified
26 Units Available
Indy Town Apartments
6046 E 21st Street, Suite 1B Management Office
Indianapolis, IN | Eastside
1 Bedroom
$575
642 sqft
2 Bedrooms
$639
853 sqft
Last updated January 20 at 10:51 PM
Indy Town Apartments NOW Offering Newly Renovated Apartments! Schedule your tour today! Ask about our Leasing Specials!BOOK YOUR VIRTUAL TOUR TODAY with TOUR24 - https://app.tour24now.com/tour/indy-town
Verified
11 Units Available
Greenway
5350 East 21st Street
Indianapolis, IN | Eastside
1 Bedroom
$595
665 sqft
2 Bedrooms
$689
885 sqft
Last updated January 20 at 10:51 PM
Greenway Apartments NOW Offering Newly Renovated Apartments! Schedule your tour today! Ask about our Leasing Specials!
Verified
8 Units Available
Glen Ridge Manor
4737 E 19th St
Indianapolis, IN | Near Eastside
2 Bedrooms
$674
1250 sqft
Last updated January 20 at 10:51 PM
Indy Town Apartments NOW Offering Newly Renovated Apartments & Townhomes!
Verified
22 Units Available
Woodbridge Apartments in Castleton IN
9414 San Miguel Dr
Indianapolis, IN | Castleton
1 Bedroom
$780
702 sqft
2 Bedrooms
$880
941 sqft
3 Bedrooms
$1,375
1176 sqft
Last updated January 20 at 10:51 PM
Conveniently close to Castleton Square Mall, Nickel Plate District, I-69 and I-465. Apartments and townhomes available. Units include fireplace and laundry hookups. On-site amenities include clubhouse, pool, tennis courts and sauna. Large pets allowed.
Verified
28 Units Available
Woods of Eagle Creek
4949 Bobwhite Ln
Indianapolis, IN | Snacks - Guion Creek
1 Bedroom
$738
700 sqft
2 Bedrooms
$830
965 sqft
3 Bedrooms
$1,115
1250 sqft
Last updated January 20 at 10:51 PM
Located a short walk from North Westway Park and W 59th St, these modern apartments feature a fireplace, a kitchen with appliances and a patio or balcony. Community offers a tennis court and a pool.
Verified
3 Units Available
Carriage House West
1301 N Whitcomb Ave
Indianapolis, IN | Garden City
1 Bedroom
$650
750 sqft
2 Bedrooms
$860
930 sqft
3 Bedrooms
$985
1200 sqft
Last updated January 20 at 10:51 PM
While it's only moments from downtown Indianapolis, residents of this community can stay home to enjoy the swimming pool, fully-equipped gym and take the little ones to the playground. Washer and dryer hookups in unit.
$
Verified
21 Units Available
Creekside at Meridian Hills
2100 Westlane Rd
Indianapolis, IN | Crooked Creek
1 Bedroom
$715
698 sqft
2 Bedrooms
$780
1017 sqft
3 Bedrooms
$1,300
1300 sqft
Last updated January 20 at 10:51 PM
Come home to Creekside at Meridian Hills and see what it means to Live Life Better! Our newly renovated one, two, and three-bedroom apartment homes and townhomes include features designed to ensure your comfort, such as oversized walk-in closets,
Verified
9 Units Available
Lockerbie Court
459 Massachusetts Ave
Indianapolis, IN | Downtown Indianapolis
1 Bedroom
$1,002
1028 sqft
2 Bedrooms
$1,255
1589 sqft
Last updated January 20 at 10:51 PM
Huge apartments with 13-foot ceilings, original hardwood floors and W/D in unit. Conveniently located close to Mass Ave with easy access to shopping, dining and nightlife downtown. Well-maintained community with courtyard.
$
Verified
25 Units Available
Ashford Meridian Hills
2085 Waterford Pl
Indianapolis, IN | Crooked Creek
1 Bedroom
$620
584 sqft
2 Bedrooms
$745
1061 sqft
3 Bedrooms
$970
1486 sqft
Last updated January 20 at 10:51 PM
Create your dream life at Ashford Meridian Hills! Our newly-renovated spacious one, two and three-bedroom apartment homes offer everything you need.
$
Verified
9 Units Available
Ashford Georgetown
5810 Sebring Dr
Indianapolis, IN | Snacks - Guion Creek
1 Bedroom
$685
650 sqft
2 Bedrooms
$1,100
868 sqft
3 Bedrooms
$1,195
1032 sqft
Last updated January 20 at 10:51 PM
At Ashford Georgetown in Indianapolis, Indiana, choose from newly renovated one-, two-, and three-bedroom apartment homes and townhomes.
Verified
21 Units Available
The Residences at Keystone Crossing
8785 Keystone Crossing
Indianapolis, IN | Keystone at The Crossing
1 Bedroom
$972
799 sqft
2 Bedrooms
$1,347
1064 sqft
Last updated January 20 at 10:51 PM
Luxury apartments with maple-finished cabinetry, wood-style floors and granite counters. Enjoy access to a gym, business center and pool on site. Right near Town Run Trail Park. Easy access to I-465.
Verified
15 Units Available
Overlook at Valley Ridge
6810 Valley Ridge Dr
Indianapolis, IN | I65-South Emerson
1 Bedroom
$832
760 sqft
2 Bedrooms
$1,226
1034 sqft
3 Bedrooms
$1,405
1346 sqft
Last updated January 20 at 10:51 PM
Just off of I-65 with numerous shopping and dining venues nearby. Pet-friendly apartments include private balcony or patio, in-unit laundry hookup and carpet. Residents have access to gym, pool and garage.
$
Verified
12 Units Available
Summerwood on Towne Line
2520 Summer Dr
Indianapolis, IN | Augusta-New Augusta
1 Bedroom
$933
720 sqft
2 Bedrooms
$1,051
1036 sqft
3 Bedrooms
$1,275
1269 sqft
Last updated January 20 at 10:51 PM
Pet-friendly complex just 10 minutes from downtown Indianapolis. Luxury 1-3 bedroom units have nine-foot ceilings, fireplace, hardwood floors and walk-in closets. On-site amenities include clubhouse, pool, gym, dog park and furnished guest suite.
Verified
18 Units Available
Center Point Apartment Homes
6710 Hollow Run Pl
Indianapolis, IN
1 Bedroom
$850
752 sqft
2 Bedrooms
$1,195
1094 sqft
3 Bedrooms
$1,580
1291 sqft
Last updated January 20 at 10:51 PM
Modern homes just 15 minutes from downtown Indy. Pet friendly. Community amenities include a pool, 24-hour gym and grill area. Near Brickyard Crossing Golf Course. Easy access to I-465.
Verified
32 Units Available
Avery Point
8525 Laurel Valley Dr
Indianapolis, IN | Castleton
1 Bedroom
$877
757 sqft
2 Bedrooms
$1,052
1065 sqft
Last updated January 20 at 10:51 PM
Expansive floor plans complete with walk-in closets, fireplace and patio. Situated in the city center, close to the best food and entertainment that Castleton has to offer.
Verified
12 Units Available
The Residence at White River Apartments
3861 Gable Lane Dr
Indianapolis, IN | Wynnedale - Spring Hill
1 Bedroom
$925
718 sqft
2 Bedrooms
$1,090
998 sqft
3 Bedrooms
$1,460
1265 sqft
Last updated January 20 at 10:51 PM
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
12 Units Available
Riverchase
2730 River Chase Dr
Indianapolis, IN | Key Meadows
1 Bedroom
$920
722 sqft
2 Bedrooms
$1,020
928 sqft
Last updated January 20 at 10:51 PM
Become part of an incredible apartment community at Riverchase, just 9 miles outside of Indianapolis! Our newly renovated apartment homes offer an amazing range of features like stunning hardwood-style floors, high ceilings and private patio/balcony.
$
Verified
21 Units Available
CityView On Meridian
3801 N Meridian St
Indianapolis, IN | Meridian Kessler
1 Bedroom
$867
712 sqft
2 Bedrooms
$1,315
966 sqft
3 Bedrooms
$1,753
1500 sqft
Last updated January 20 at 10:50 PM
Hi-rise living with privacy, security and luxury features including a rooftop pool. Minutes from Broad Ripple Park, Butler University and the Children's Museum of Indianapolis.
Verified
16 Units Available
Pangea Parkwest Apartments
5816 W 38th St
Indianapolis, IN | North High School
1 Bedroom
$547
550 sqft
2 Bedrooms
$657
890 sqft
3 Bedrooms
Ask
Last updated January 20 at 10:50 PM
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
10 Units Available
Pangea Meadows
5505 Scarlet Dr
Indianapolis, IN | North High School
Studio
$548
500 sqft
1 Bedroom
$726
640 sqft
2 Bedrooms
$700
1030 sqft
Last updated January 20 at 10:50 PM
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
21 Units Available
Quarry at River North
8901 River Crossing Blvd
Indianapolis, IN | Keystone at The Crossing
Studio
$882
504 sqft
1 Bedroom
$1,220
835 sqft
2 Bedrooms
$1,442
1170 sqft
Last updated January 20 at 10:50 PM
Luxury apartments that are spacious and airy with nine-foot ceilings and vast windows. Located right next to The Fashion Mall at Keystone for shopping and dining. Complimentary bike rentals and Starbucks coffee bar.

Median Rent in Indianapolis

Last updated Dec. 2020
The median rent for a 1 bedroom apartment in Indianapolis is $822, while the median rent for a 2 bedroom apartment is $1,004.
Studio
$723
1 Bed
$822
2 Beds
$1,004
3+ Beds
$1,207
Find More Rentals By

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Indianapolis 1 Bedroom Apartments

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Find an apartment for rent in Indianapolis, IN


Searching for an apartment for rent in Indianapolis, IN? Look no further! Apartment List will help you find a perfect apartment near you. There are 3,286 available rental units listed on Apartment List in Indianapolis. Click on listings to see photos, floorplans, amenities, prices and availability, and much more!

The median rent in Indianapolis is $723 for a studio, $822 for a one-bedroom apartment, and $1,004 for a two-bedroom apartment. If you are looking for a deal, keep an eye out for a red pulsing icon that indicates rent specials.

Tired of browsing? Take our personalized quiz. You’ll answer a couple of simple questions and we’ll put together a list of Indianapolis apartments that are best for you. We’ll also factor in your commute, budget, and preferred amenities. Looking for a pet-friendly rental, or an apartment with in-unit washer and dryer? No problem, we’ll provide you with apartments that match that criteria.

You can trust ApartmentList.com to help you find your next Indianapolis, IN apartment rental! After all, everyone deserves a home they love.
Frequently Asked Questions (FAQs)
Frequently Asked Questions
How much is rent in Indianapolis?
In Indianapolis, the median rent is $723 for a studio, $822 for a 1-bedroom, $1,004 for a 2-bedroom, and $1,207 for a 3-bedroom. For more information on rental trends in Indianapolis, check out our monthly Indianapolis Rent Report.
How much is rent in Indianapolis?
In Indianapolis, the median rent is $723 for a studio, $822 for a 1-bedroom, $1,004 for a 2-bedroom, and $1,207 for a 3-bedroom. For more information on rental trends in Indianapolis, check out our monthly Indianapolis Rent Report.
How can I find a cheap apartment in Indianapolis?
You can filter cheap apartments in Indianapolis by price: under $800, under $700, under $600, under $500, or search by apartments that are offering move-in specials.
How can I find a cheap apartment in Indianapolis?
You can filter cheap apartments in Indianapolis by price: under $800, under $700, under $600, under $500, or search by apartments that are offering move-in specials.
How can I find a pet-friendly apartment in Indianapolis?
You can use the pet-friendly filter to find Indianapolis apartments that allow pets.
How can I find a pet-friendly apartment in Indianapolis?
You can use the pet-friendly filter to find Indianapolis apartments that allow pets.
How can I tour apartments during the COVID-19 pandemic?
While some Indianapolis properties may not allow visitors at this time, most are open for business by phone or email. Please reach out to them directly for virtual touring options. Additionally, some properties may offer video and 3D tours, which can be found on the listing details page.
How can I tour apartments during the COVID-19 pandemic?
While some Indianapolis properties may not allow visitors at this time, most are open for business by phone or email. Please reach out to them directly for virtual touring options. Additionally, some properties may offer video and 3D tours, which can be found on the listing details page.
How much should I pay for rent in Indianapolis?
The answer to this question depends on your household income and a couple of other factors. You can use our Rent Calculator to figure out how much you should spend on rent in Indianapolis.
How much should I pay for rent in Indianapolis?
The answer to this question depends on your household income and a couple of other factors. You can use our Rent Calculator to figure out how much you should spend on rent in Indianapolis.
How can I find off-campus housing in Indianapolis?
You can use the off-campus housing filters to find apartments near colleges located in or around Indianapolis. Some of the colleges and universities in the area include Indiana University-Bloomington, Marian University, Indiana University-Purdue University-Indianapolis, Butler University, and Ivy Tech Community College.
How can I find off-campus housing in Indianapolis?
You can use the off-campus housing filters to find apartments near colleges located in or around Indianapolis. Some of the colleges and universities in the area include Indiana University-Bloomington, Marian University, Indiana University-Purdue University-Indianapolis, Butler University, and Ivy Tech Community College.

Median Rent in Indianapolis

Last updated Dec. 2020
The median rent for a 1 bedroom apartment in Indianapolis is $822, while the median rent for a 2 bedroom apartment is $1,004.
Studio
$723
1 Bed
$822
2 Beds
$1,004
3+ Beds
$1,207

City Guide

Indianapolis
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!
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'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.

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.

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.

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.

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.

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.

Read More

City Guide

Indianapolis
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!
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'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.

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

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

Indianapolis is known for cars, but what about mine?
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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.

Just the facts Manning
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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.

Indianapolis trivia
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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.

Rent Report
Indianapolis

January 2021 Indianapolis Rent Report

Welcome to the January 2021 Indianapolis Rent Report. Indianapolis rents declined over the past month. In this report, we'll evaluate trends in the Indianapolis rental market, including comparisons to similar cities nationwide.

Indianapolis rents declined significantly over the past month

Indianapolis rents have declined 0.4% over the past month, but are up moderately by 2.3% in comparison to the same time last year. Currently, median rents in Indianapolis stand at $823 for a one-bedroom apartment and $1,004 for a two-bedroom. This is the third straight month that the city has seen rent decreases after an increase in September. Indianapolis' year-over-year rent growth lags the state average of 3.7%, but exceeds the national average of -1.5%.

    Indianapolis rents more affordable than many comparable cities nationwide

    As rents have increased moderately in Indianapolis, other large cities nationwide have seen rents grow more modestly, or in some cases, even decline. Indianapolis is still more affordable than most other large cities across the country.

    • Indianapolis' median two-bedroom rent of $1,004 is below the national average of $1,090. Nationwide, rents have fallen by 1.5% over the past year compared to the 2.3% rise in Indianapolis.
    • While Indianapolis' rents rose moderately over the past year, some cities nationwide saw increases as well, including Phoenix (+4.2%) and Detroit (+1.4%).
    • Renters will find more reasonable prices in Indianapolis than most similar cities. For example, San Francisco has a median 2BR rent of $2,305, which is more than twice 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.

    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 about the methodology on our blog.

    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.

    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.

    Read More

    January 2021 Indianapolis Rent Report

    Welcome to the January 2021 Indianapolis Rent Report. Indianapolis rents declined over the past month. In this report, we'll evaluate trends in the Indianapolis rental market, including comparisons to similar cities nationwide.

    View full Rent Report

    January 2021 Indianapolis Rent Report

    Welcome to the January 2021 Indianapolis Rent Report. Indianapolis rents declined over the past month. In this report, we'll evaluate trends in the Indianapolis rental market, including comparisons to similar cities nationwide.

    Indianapolis rents declined significantly over the past month

    Indianapolis rents have declined 0.4% over the past month, but are up moderately by 2.3% in comparison to the same time last year. Currently, median rents in Indianapolis stand at $823 for a one-bedroom apartment and $1,004 for a two-bedroom. This is the third straight month that the city has seen rent decreases after an increase in September. Indianapolis' year-over-year rent growth lags the state average of 3.7%, but exceeds the national average of -1.5%.

      Indianapolis rents more affordable than many comparable cities nationwide

      As rents have increased moderately in Indianapolis, other large cities nationwide have seen rents grow more modestly, or in some cases, even decline. Indianapolis is still more affordable than most other large cities across the country.

      • Indianapolis' median two-bedroom rent of $1,004 is below the national average of $1,090. Nationwide, rents have fallen by 1.5% over the past year compared to the 2.3% rise in Indianapolis.
      • While Indianapolis' rents rose moderately over the past year, some cities nationwide saw increases as well, including Phoenix (+4.2%) and Detroit (+1.4%).
      • Renters will find more reasonable prices in Indianapolis than most similar cities. For example, San Francisco has a median 2BR rent of $2,305, which is more than twice 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.

      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 about the methodology on our blog.

      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.

      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.

      Indianapolis Renter Confidence Survey
      National study of renter’s satisfaction with their cities and states

      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.
      Read More

      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.