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studio apartments
Last updated January 24 2020 at 5:25 AM

83 Studio Apartments for rent in Indianapolis, IN

Verified
Last updated January 24 at 04:27am
Downtown Indianapolis
114 Units Available
Residences at CityWay
229 S Delaware St, Indianapolis, IN
Studio
$1,232
578 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 January 24 at 05:09am
St. Vincent - Greenbriar
80 Units Available
Reflections
7999 Silverleaf Dr, Indianapolis, IN
Studio
$679
450 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 January 24 at 12:54am
Downtown Indianapolis
91 Units Available
Penrose On Mass
530 Massachusetts Ave, Indianapolis, IN
Studio
$1,069
743 sqft
Find studio, 1, 2 and 3 bedroom apartments for rent at Penrose On Mass in Indianapolis. View photos, descriptions and more!
Verified
Last updated January 24 at 12:57am
Fountain Square
40 Units Available
Edge 35
1224 Prospect St, Indianapolis, IN
Studio
$1,030
464 sqft
Located in vibrant Fountain Square, Edge 35 features a heightened residential and commercial experience. Offering a pet-friendly community, outdoor grilling area, bike-friendly options, and more.
Verified
Last updated January 24 at 04:28am
Irvington
5 Units Available
Irvington Arms
5345 East Washington Street, Indianapolis, IN
Studio
$550
350 sqft
Welcome to Irvington Arms in Irvington on the East side of Indianapolis.
Verified
Last updated January 24 at 04:27am
I69-Fall Creek
83 Units Available
Lake Castleton Apartment Homes
7601 Carlton Arms Dr, Indianapolis, IN
Studio
$640
457 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 January 24 at 04:27am
South Perry
25 Units Available
South and Madison
1834 Madison Village Dr, Indianapolis, IN
Studio
$675
565 sqft
Situated in the suburban south side of Indianapolis, South & Madison offers spacious apartments and townhomes in a premier location.
Verified
Last updated January 24 at 04:27am
Arlington Woods
15 Units Available
Kingston Square Apartments
7171 Twin Oaks Dr, Indianapolis, IN
Studio
$579
578 sqft
Close to I-465 and E 34th Street. Spacious homes with hardwood floors, a coffee bar, carpeting and a dishwasher. Community amenities include a pool, a sundeck and a picnic area.
Verified
Last updated January 24 at 04:27am
Broad Ripple
9 Units Available
Monon Place II
1111 East 61st Street, Indianapolis, IN
Studio
$1,160
571 sqft
Monon Place Apartments offers modern apartments in the heart of Broad Ripple Village, an exciting neighborhood in Indianapolis, Indiana. 1, 2 & 3 bedroom garden apartments are available for rent along the Monon Trail ...
Verified
Last updated January 24 at 12:55am
Downtown Indianapolis
41 Units Available
The Vue Luxury Apartments
718 E Georgia St, Indianapolis, IN
Studio
$1,416
704 sqft
The Vue Apartments are in the heart of Indianapolis and offer the best in city living. Apartments are large, with big closets and individual climate control. The perfect place to make your own.
Verified
Last updated January 24 at 12:50am
Downtown Indianapolis
69 Units Available
Artistry Apartments
451 E Market St, Indianapolis, IN
Studio
$999
452 sqft
The apartment homes in this mixed-use space community feature granite countertops, hardwood floors and walk-in closets. Outside, residents have access to a bocce court, community garden. Interstate 70 is only moments away.
Verified
Last updated January 24 at 12:44am
Downtown Indianapolis
77 Units Available
The Whit
307 North Pennsylvania Street, Indianapolis, IN
Studio
$1,215
618 sqft
Incredible community with a view. A walkable area near shopping and dining along Mass Ave. On-site fitness center, dog run area, and secured bike storage. Rooftop pool and connected parking.
Verified
Last updated January 24 at 12:18am
Fountain Square
9 Units Available
Pinnex
931 Fletcher Ave, Indianapolis, IN
Studio
$1,099
545 sqft
Situated just five minutes away from Fountain Square and within easy walking distance to dining, shopping and entertainment. Units have walk-in closets, in-unit laundry and extra storage. Urban workshop, bike storage. Pet friendly.
Verified
Last updated January 24 at 12:22am
Meridian Kessler
42 Units Available
The MK
5858 North College Avenue, Indianapolis, IN
Studio
$1,125
595 sqft
The MK features upscale studio, 1, 2 & 3 bedroom apartment homes. The MK offers a pet-friendly, active community with residents who embrace the energy of the local scene.
Verified
Last updated January 24 at 12:47am
Nora - Far Northside
7 Units Available
Ironworks at Keystone
2727 E 86th St, Indianapolis, IN
Studio
$1,155
598 sqft
Suburban area with fully furnished apartments. Within walking distance to fine dining and shopping. 24-hour emergency maintenance, fitness center and sundeck. Underground garage parking available. Wi-Fi lounge.
Verified
Last updated January 24 at 04:27am
St. Vincent - Greenbriar
4 Units Available
Dogwood Glen Apartments
2390 Woodglen Drive, Indianapolis, IN
Studio
$498
288 sqft
Dogwood Glen Apartments invites you to live life on your own terms. Our community has several home, community, and location advantages.
Verified
Last updated January 24 at 12:30am
Garden City
49 Units Available
The Boardwalk at Westlake
6000 Westlake Dr, Indianapolis, IN
Studio
$539
454 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 January 24 at 03:07am
Nora - Far Northside
47 Units Available
Notch at Nora
8502 Westfield Boulevard, Indianapolis, IN
Studio
$1,000
664 sqft
Notch at Nora offers luxury studio, 1 and 2 bedroom apartments in the vibrant community of Nora. Residents will enjoy direct access to the Monon Trail, as well as many nearby businesses and activities.
Verified
Last updated January 24 at 04:27am
Fairgrounds
22 Units Available
Pangea Groves
5018 Lemans Dr, Indianapolis, IN
Studio
$661
325 sqft
Recently renovated units with a patio/balcony, central air conditioning and quality appliances. Enjoy access to an onsite playground, laundry room and clubhouse. Right near Arsenal Park. Easy access to I-465.
Verified
Last updated January 24 at 04:27am
Eagledale
24 Units Available
Pangea Cedars Apartments
3417 N Rybolt Ave, Indianapolis, IN
Studio
$484
417 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 January 24 at 05:09am
Downtown Indianapolis
19 Units Available
Circa
617 North College Ave, Indianapolis, IN
Studio
$1,263
544 sqft
Minutes from the bustling neighborhood of Mass Ave in downtown Indianapolis. Pet-friendly contemporary housing with urban lounge and in-unit laundry. Residents get easy access to walking trails, art galleries and unique restaurants.
Verified
Last updated January 24 at 05:09am
Downtown Indianapolis
7 Units Available
The Maxwell Apartments
530 E Ohio St, Indianapolis, IN
Studio
$1,108
577 sqft
Spacious and secure dog-friendly studio and one- and two-bedroom apartments located in the heart of downtown Indianapolis. Complete with modern amenities like an elevator, clubhouse, internet access, pool tables and a gym.
Verified
Last updated January 24 at 04:27am
Downtown Indianapolis
12 Units Available
Harness Factory Lofts
30 E Georgia St, Indianapolis, IN
Studio
$1,215
600 sqft
Situated on popular Georgia Street right in the heart of downtown. Sweeping floor plans with 14-foot ceilings and beautiful industrial touches. Community has a large gym, valet service and easy access to convenient stores and nearby restaurants.
Verified
Last updated January 24 at 02:46am
5 Units Available
Autumn Trails
7975 Red Mill Dr, Indianapolis, IN
Studio
$489
288 sqft
Single floor 1-2 bedroom units available. Apartments have vaulted ceilings, wall-to-wall carpeting, built-in shelves and extra storage in attic. Online rental portal. On-site parking. Close to public transportation, shopping centers, dining venues and I-465.

January 2020 Indianapolis Rent Report

Welcome to the January 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

January 2020 Indianapolis Rent Report

Welcome to the January 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 moderately over the past month

Indianapolis rents have increased 0.3% over the past month, and are up moderately by 2.0% in comparison to the same time last year. Currently, median rents in Indianapolis stand at $706 for a one-bedroom apartment and $874 for a two-bedroom. This is the third straight month that the city has seen rent increases after a decline in September. Indianapolis' year-over-year rent growth leads the state and national averages, which both stand at 1.4%.

    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 $834; additionally, the city has seen rent growth of 3.0% 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 4.7%. Median two-bedrooms there cost $1,144, while one-bedrooms go for $924.
    • Zionsville has the most expensive rents of the largest cities in the Indianapolis metro, with a two-bedroom median of $1,616; rents grew 0.5% over the past month and 4.3% over the past year.

    Indianapolis rents more affordable than many similar cities nationwide

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

    • Rents increased slightly in other cities across the state, with Indiana as a whole logging rent growth of 1.4% over the past year. For example, rents have grown by 2.1% in Fort Wayne and 1.2% in Evansville.
    • Indianapolis' median two-bedroom rent of $874 is below the national average of $1,192. Nationwide, rents have grown by 1.4% over the past year compared to the 2.0% rise in Indianapolis.
    • While Indianapolis' rents rose slightly over the past year, many cities nationwide also saw increases, including Phoenix (+3.8%), Dallas (+2.2%), and Seattle (+1.8%).
    • Renters will find more reasonable prices in Indianapolis than most comparable cities. For example, San Francisco has a median 2BR rent of $3,088, 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 price
    Median 2BR price
    M/M price change
    Y/Y price change
    Indianapolis
    $710
    $870
    0.3%
    2%
    Carmel
    $990
    $1,230
    -0.4%
    3%
    Fishers
    $920
    $1,140
    0.4%
    -4.7%
    Noblesville
    $860
    $1,070
    0.3%
    3.5%
    Greenwood
    $750
    $930
    -0.7%
    3.4%
    Plainfield
    $810
    $1,010
    0.1%
    5%
    Brownsburg
    $770
    $950
    0.2%
    -0.3%
    Greenfield
    $730
    $910
    0.2%
    1.9%
    Beech Grove
    $670
    $830
    3%
    1.3%
    Zionsville
    $1,310
    $1,620
    0.5%
    4.3%
    Avon
    $980
    $1,210
    -1.7%
    0.9%
    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.

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