W/D hookup, Patio / balcony, Hardwood floors, Dishwasher, Pet friendly, 24hr maintenance + more
In unit laundry, Patio / balcony, Pet friendly, Garage, Stainless steel, Walk in closets + more
In unit laundry, Patio / balcony, Granite counters, Hardwood floors, Dishwasher, Pet friendly + more
In unit laundry, Patio / balcony, Granite counters, Hardwood floors, Dishwasher, Pet friendly + more
W/D hookup, Patio / balcony, Hardwood floors, Dishwasher, Pet friendly, 24hr maintenance + more
In unit laundry, Patio / balcony, Dishwasher, Pet friendly, 24hr maintenance, Garage + more
In unit laundry, Patio / balcony, Granite counters, Dishwasher, Pet friendly, Garage + more
In unit laundry, Patio / balcony, Hardwood floors, Dishwasher, Pet friendly, 24hr maintenance + more
In unit laundry, Patio / balcony, Hardwood floors, Pet friendly, Garage, Recently renovated + more
In unit laundry, Patio / balcony, Hardwood floors, Dishwasher, Pet friendly, 24hr maintenance + more
In unit laundry, Patio / balcony, Pet friendly, 24hr maintenance, Garage, Stainless steel + more
In unit laundry, Patio / balcony, Hardwood floors, Dishwasher, Pet friendly, 24hr maintenance + more
In unit laundry, Putting green, Patio / balcony, Granite counters, Hardwood floors, Dishwasher + more
Pet friendly, Garage, Stainless steel, Gym, Coffee bar, Yoga + more
In unit laundry, Dishwasher, Pet friendly, 24hr maintenance, Garage, Walk in closets + more
In unit laundry, Patio / balcony, Granite counters, Hardwood floors, Dishwasher, Pet friendly + more
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 620 available rental units listed on Apartment List in Indianapolis. Click on listings to see photos, floorplans, amenities, prices and availability, and much more!
The average rent in Indianapolis is $1,215 for a studio, $1,262 for a one-bedroom apartment, and $1,495 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 Apartment List to help you find your next Indianapolis, IN apartment rental! After all, everyone deserves a home they love.
*Based on base prices that don’t include fees
Welcome to the Apartment List December 2025 Rent Report for Indianapolis, IN. Currently, the overall median rent in the city stands at $1,223, after falling 0.7% last month. Prices remain up 0.3% year-over-year. Read on to learn more about what’s been happening in the Indianapolis rental market and how it compares to trends throughout the broader Indianapolis metro area and the nation as a whole.
The median rent in Indianapolis fell by 0.7% over the course of November, and has now increased by a total of 0.3% over the past 12 months. Indianapolis’s rent growth over the past year has is similar to the state average (0.0%) and has outpaced the national average (-1.1%).
Eleven months into the year, rents in Indianapolis have risen 0.6%. This is a slower rate of growth compared to what the city was experiencing at this point last year: from January to November 2024 rents had increased 1.6%.
Indianapolis rents went down 0.7% in the past month, compared to the national rate of -1.0%. Among the nation's 100 largest cities, this ranks #36. Similar monthly rent growth took place in Garland, TX (-0.7%) and Des Moines, IA (-0.7%).
Citywide, the median rent currently stands at $1,053 for a 1-bedroom apartment and $1,247 for a 2-bedroom. Across all bedroom sizes (ie, the entire rental market), the median rent is $1,223. That ranks #74 in the nation, among the country's 100 largest cities.
For comparison, the median rent across the nation as a whole is $1,201 for a 1-bedroom, $1,353 for a 2-bedroom, and $1,367 overall. The median rent in Indianapolis is 10.5% lower than the national, and is similar to the prices you would find in Glendale, AZ ($1,227) and Corpus Christi, TX ($1,221).
If we expand our view to the wider Indianapolis metro area, the median rent is $1,247 meaning that the median price in Indianapolis proper ($1,223) is 1.9% lower than the price across the metro as a whole. Metro-wide annual rent growth stands at -0.4%, below the rate of rent growth within just the city.
The table below shows the latest rent stats for 5 cities in the Indianapolis metro area that are included in our database. Among them, Fishers is currently the most expensive, with a median rent of $1,644. Indianapolis is the metro’s most affordable city, with a median rent of $1,223. The metro's fastest annual rent growth is occurring in Fishers (0.5%) while the slowest is in Noblesville (-4.6%).
You can also use the map below to explore the latest rent trends in the Indianapolis metropolitan area.
Apartment List is committed to the accuracy and transparency of our rent estimates. We begin 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, capturing apartment transactions over time 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. For more details, please see the Apartment List Rent Estimate Methodology.
Apartment List publishes monthly rent reports and underlying data for hundreds of cities across the nation, as well as data aggregated for counties, metros, and states. These data are intended to be a source of reliable information that help renters and policymakers make sound decisions. Insights from our data are covered regularly by journalists across the country. To access the data yourself, please visit our Data Downloads Page.
Welcome to the Apartment List December 2025 Rent Report for Indianapolis, IN. Currently, the overall median rent in the city stands at $1,223, after falling 0.7% last month. Prices remain up 0.3% year-over-year. Read on to learn more about what’s been happening in the Indianapolis rental market and how it compares to trends throughout the broader Indianapolis metro area and the nation as a whole.
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:
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.
Indianapolis, fondly known as "Indy," is renowned for its sports culture, notably the Indianapolis 500, a centerpiece of local pride and an international renown. Indianapolis is also the proud home of the Colts and the Pacers. It also boasts a vibrant arts scene, including an array of museums, theaters, and the famous Indianapolis Symphony Orchestra. The Madame Walker Legacy Center, home to the Madame Walker Theater, is a historical gem positioned in the heart of the city near Indiana University Indianapolis.
If you're looking to rent in Indy, there's a few things you should know
View Indianapolis City GuideIndianapolis, fondly known as "Indy," is renowned for its sports culture, notably the Indianapolis 500, a centerpiece of local pride and an international renown. Indianapolis is also the proud home of the Colts and the Pacers. It also boasts a vibrant arts scene, including an array of museums, theaters, and the famous Indianapolis Symphony Orchestra. The Madame Walker Legacy Center, home to the Madame Walker Theater, is a historical gem positioned in the heart of the city near Indiana University Indianapolis.
If you're looking to rent in Indy, there's a few things you should know
Apartment List has released the results for Indianapolis 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.
