Indianapolis, Indiana, United States

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$3,200Per Month

429 N Pennsylvania St UNIT 802 429 N Pennsylvania St UNIT 802 Indianapolis, IN#5758175

  • 2 Bed
  • 2 Bath
  • $3,200

429 N Penn Is Rapidly Becoming One Of Downtown - Property Id: 207177 429 N Penn Is Rapidly Becoming One Of Downtown Indy's Most Exclusive Addresses. This Condo Has Prime Access To The City's Best Restaurants, Boutiques & Cultural Institutions. You Will Immediately Be Drawn Into The Heart Of The Home By Walls Of Windows. The Interior Has The Perfect Open-Concept Floor Plan That Has Been Upgraded With Many Fine Finishes. The Private Balcony Offers Excellent City Views. A Larger Community Rooftop

$2,940Per Month

632 Dr. Martin Luther King Jr. St. 632 Dr. Martin Luther King Jr. St. Indianapolis, IN#5759234

  • 4 Bed
  • 3 Bath
  • $2,940

632 MLK - S1 Studio - Our most popular studio floor plan. All apartments with this floor plan feature balconies and ample storage. We have furnished options with this floor plan too! Call us at 317-600-3622 and ask about our AMAZING move in special! (RLNE1925962)4 Bed, 3 Bath with LARGE Living Room - This 4 bed, 3 bath apartment features an open floor plan with large bar area overlooking HUGE living room. Top floor location near fitness center and the community media room / billia

$2,900Per Month

5101 Boulevard Place 5101 Boulevard Place Indianapolis, IN#5735103

  • 4 Bed
  • 3.5 Bath
  • $2,900

Beautifully Situated 4 Bedroom Home! - Perfectly located steps from Butler's campus and in cherished Butler-Tarkington. Completely updated, charming and functional Cape Cod ideal for 3-4 students or a family with connections to the campus/area. This home features 4 large bedrooms, 3.5 baths, kitchen w/custom cabinetry & SS appliances, and multiple living spaces. Finished basement with a full bathroom and additional living space. You'll love the ample storage spaces, multiple walk-in closets, ori

$2,880Per Month

949 N. California Street 949 N. California Street Indianapolis, IN#5694073

  • 4 Bed
  • 3.5 Bath
  • $2,880

4 Bedroom, 3.5 Bath Townhome by IUPUI & IU Med Center - Our 4 bedroom/3.5 bath townhome is located at the corner of 10th and California Street. This is the ideal floor plan for roommates as it is 3 levels, 2,241 square feet and close to the IUPUI Campus & IU Med Center. There are 3 off-street parking spaces and a fenced backyard. The kitchen is equipped with sleek black appliances. A washer and dryer is also included. The townhome is entirely electric and the residents are responsible for all

$2,800Per Month

622 E 11th St 622 E 11th St Indianapolis, IN#5761252

  • 2 Bed
  • 2.5 Bath
  • $2,800

No Pets Allowed (RLNE5478763) Amenities Basement Garage - Two-Car Smoke Free Air Conditioning Dishwasher Garbage Disposal Microwave Oven Range Refrigerator Washer & Dryer - In Unit 12 Months 24 Months No Pets Allowed High-Speed Internet Available Resident Pays Electricity Resident Pays Gas

$2,700Per Month

740 E North St 740 E North St Indianapolis, IN#5701076

  • 2 Bed
  • 2 Bath
  • $2,700

THIS is the fully furnished, luxury apartment you have been searching for! One of a kind opportunity to live in Lockerbie Square at the heart of Indy's most established entertainment district. Beautifully renovated historic property full of quality and charm comes with private parking, skyline views, ample storage, and flexible lease terms - all just steps from Mass Ave. Apply today! Accepts Section 8. (RLNE5437962) Amenities Deck -

$2,500Per Month

740 E North St 740 E North St Indianapolis, IN#5701075

  • 2 Bed
  • 1 Bath
  • $2,500

THIS is the fully furnished, luxury apartment you have been searching for! One of a kind opportunity to live in Lockerbie Square at the heart of Indy's most established entertainment district. Beautifully renovated historic property full of quality and charm comes with private parking, skyline views, ample storage, and flexible lease terms - all just steps from Mass Ave. Apply today! Accepts Section 8. (RLNE5437962) Amenities Deck -

$2,500Per Month

918 Fort Wayne Ave Nine+Eighteen Apartments Indianapolis, IN#5499666

  • 3 Bed
  • 3 Bath
  • $2,500

Nine+Eighteen is the new “modern-nostalgic” centerpiece of the St. Joseph Historic Neighborhood in Downtown Indianapolis. Located at 918 Fort Wayne Avenue, our 1- and 2- bedroom apartment community is nestled in one of the city’s most desirable neighborhoods rich with tradition, diversity and history. Spacious open-concept floorplans Full balconies in most units Large courtyard for outdoor lounging and entertaining Washer and dryer in every unit Pet-friendly Modern finishes and appliances

$2,500Per Month

918 Fort Wayne Ave Nine+Eighteen Apartments Indianapolis, IN#5499646

  • 3 Bed
  • 3 Bath
  • $2,500

Nine+Eighteen is the new “modern-nostalgic” centerpiece of the St. Joseph Historic Neighborhood in Downtown Indianapolis. Located at 918 Fort Wayne Avenue, our 1- and 2- bedroom apartment community is nestled in one of the city’s most desirable neighborhoods rich with tradition, diversity and history. Spacious open-concept floorplans Full balconies in most units Large courtyard for outdoor lounging and entertaining Washer and dryer in every unit Pet-friendly Modern finishes and appliances

$2,460Per Month

946 Dr. Martin Luther King Jr Street 946 Dr. Martin Luther King Jr Street Indianapolis, IN#5641410

  • 3 Bed
  • 2 Bath
  • $2,460

946 MLK - 1 Bed with Balcony (A1 Plan) - Close to everything... 1 bed corner unit with a balcony that wraps the corner of the building. This unit is top floor and features skylights in the kitchen. Included in your rent - Covered / reserved parking, internet & basic cable tv! Call us at 317-600-3622 to find out about our AMAZING move in special! (RLNE2758324)946 MLK - Large Townhome with Bonus Room (B1 Plan) - 2-3 bed, 2 bath townhome with large bonus room. Easily accommodates

$2,445Per Month

609 Ft. Wayne Avenue 609 Ft. Wayne Avenue Indianapolis, IN#4934238

  • 2 Bed
  • 2.5 Bath
  • $2,445

Brand New Townhome in Downtown Indianapolis - This beautiful 2 bedroom, 2.5 bath townhome in downtown Indianapolis is brand new construction and in a fantastic location! Located on the Cultural Trail, and also a short walk to Monument Circle, the Canal, and the restaurants and shops on Mass Ave. The home features a private entrance; wood floors; 9' ceilings; an abundance of windows and light; spacious kitchen with center island, granite countertops, stainless steel appliances, and a gorgeous til

$2,425Per Month

615 E 11th Street 615 E 11th Street Indianapolis, IN#5338028

  • 2 Bed
  • 2.5 Bath
  • $2,425

2 Bedroom Townhome in Chatham Arch - This beautiful 2 bedroom, 2.5 bath townhome in historic Chatham Arch was recently built in 2015. Modern design includes an open floor plan - spacious kitchen with stainless steel appliances and large island with Quartz countertops is open to the family room; 9' ceilings; master suite has a walk-in closet, double sinks and frameless glass shower; 2nd floor balcony; and 2 car attached garage. Fantastic location in downtown Indianapolis - walk to the shops and r

$2,409Per Month

632 Dr. Martin Luther King Jr. St. 632 Dr. Martin Luther King Jr. St. Indianapolis, IN#4742570

  • 3 Bed
  • 3 Bath
  • $2,409

632 MLK - S1 Studio - Our most popular studio floor plan. All apartments with this floor plan feature balconies and ample storage. We have furnished options with this floor plan too! Call us at 317-600-3622 and ask about our AMAZING move in special! (RLNE1925962)3 Bed, 3 Bath with Balcony - 3 Bed, 3 Bath Apartment In An Amazing Location Amenities Small Dogs Allowed Cats Allowed Large Dogs Allowed

$2,350Per Month

918 Fort Wayne Ave Nine+Eighteen Apartments Indianapolis, IN#5499682

  • 2 Bed
  • 2 Bath
  • $2,350

Nine+Eighteen is the new “modern-nostalgic” centerpiece of the St. Joseph Historic Neighborhood in Downtown Indianapolis. Located at 918 Fort Wayne Avenue, our 1- and 2- bedroom apartment community is nestled in one of the city’s most desirable neighborhoods rich with tradition, diversity and history. Spacious open-concept floorplans Full balconies in most units Large courtyard for outdoor lounging and entertaining Washer and dryer in every unit Pet-friendly Modern finishes and appliances

$2,334Per Month

632 Dr. Martin Luther King Jr. St. 632 Dr. Martin Luther King Jr. St. Indianapolis, IN#5759233

  • 3 Bed
  • 3 Bath
  • $2,334

632 MLK - S1 Studio - Our most popular studio floor plan. All apartments with this floor plan feature balconies and ample storage. We have furnished options with this floor plan too! Call us at 317-600-3622 and ask about our AMAZING move in special! (RLNE1925962)3 Bed, 3 Bath with Balcony - 3 Bed, 3 Bath Apartment In An Amazing Location Amenities Small Dogs Allowed Cats Allowed Large Dogs Allowed

$2,325Per Month

918 Fort Wayne Ave Nine+Eighteen Apartments Indianapolis, IN#5499662

  • 2 Bed
  • 2 Bath
  • $2,325

Nine+Eighteen is the new “modern-nostalgic” centerpiece of the St. Joseph Historic Neighborhood in Downtown Indianapolis. Located at 918 Fort Wayne Avenue, our 1- and 2- bedroom apartment community is nestled in one of the city’s most desirable neighborhoods rich with tradition, diversity and history. Spacious open-concept floorplans Full balconies in most units Large courtyard for outdoor lounging and entertaining Washer and dryer in every unit Pet-friendly Modern finishes and appliances

$2,300Per Month

740 E North St 740 E North St Indianapolis, IN#5701074

  • 2 Bed
  • 1 Bath
  • $2,300

THIS is the fully furnished, luxury apartment you have been searching for! One of a kind opportunity to live in Lockerbie Square at the heart of Indy's most established entertainment district. Beautifully renovated historic property full of quality and charm comes with private parking, skyline views, ample storage, and flexible lease terms - all just steps from Mass Ave. Apply today! Accepts Section 8. (RLNE5437962) Amenities Deck -

$2,300Per Month

918 Fort Wayne Ave Nine+Eighteen Apartments Indianapolis, IN#5499642

  • 2 Bed
  • 2 Bath
  • $2,300

Nine+Eighteen is the new “modern-nostalgic” centerpiece of the St. Joseph Historic Neighborhood in Downtown Indianapolis. Located at 918 Fort Wayne Avenue, our 1- and 2- bedroom apartment community is nestled in one of the city’s most desirable neighborhoods rich with tradition, diversity and history. Spacious open-concept floorplans Full balconies in most units Large courtyard for outdoor lounging and entertaining Washer and dryer in every unit Pet-friendly Modern finishes and appliances

$2,225Per Month

918 Fort Wayne Ave Nine+Eighteen Apartments Indianapolis, IN#5499706

  • 2 Bed
  • 2 Bath
  • $2,225

Nine+Eighteen is the new “modern-nostalgic” centerpiece of the St. Joseph Historic Neighborhood in Downtown Indianapolis. Located at 918 Fort Wayne Avenue, our 1- and 2- bedroom apartment community is nestled in one of the city’s most desirable neighborhoods rich with tradition, diversity and history. Spacious open-concept floorplans Full balconies in most units Large courtyard for outdoor lounging and entertaining Washer and dryer in every unit Pet-friendly Modern finishes and appliances

$2,200Per Month

The Block Building 50 North Illinois Ave, Suite A The Block Building 50 North Illinois Ave, Suite A Indianapolis, IN#5719138

  • 3 Bed
  • 2.5 Bath
  • $2,200

$500 OFF at Move-in! - This spacious 2 bedroom / 2 bath apartment has all the room you'll need... and MORE! This home features one of the largest living rooms in the entire building and extra large windows overlooking bustling Illinois Street. If a little extra space is what you're looking for, give us a call today to arrange your personal tour! (RLNE1873676)A 3 Bedroom/ 2.5 Bath apartment, MASSIVE living room with 24' ceilings and HUGE windows overlooking Illinois Street! - A 3 B

$2,200Per Month

918 Fort Wayne Ave Nine+Eighteen Apartments Indianapolis, IN#5499694

  • 2 Bed
  • 2 Bath
  • $2,200

Nine+Eighteen is the new “modern-nostalgic” centerpiece of the St. Joseph Historic Neighborhood in Downtown Indianapolis. Located at 918 Fort Wayne Avenue, our 1- and 2- bedroom apartment community is nestled in one of the city’s most desirable neighborhoods rich with tradition, diversity and history. Spacious open-concept floorplans Full balconies in most units Large courtyard for outdoor lounging and entertaining Washer and dryer in every unit Pet-friendly Modern finishes and appliances

$2,195Per Month

1232 N Park Ave 1232 N Park Ave Indianapolis, IN#5321381

  • 3 Bed
  • 3 Bath
  • $2,195

Beautiful, Historic Home in the Old Northside Neighborhood! - You cannot do much better than this desirable neighborhood just North of downtown! This unique home is close to everything. Beautiful woodwork, doors and hardwood floors are found throughout the home. There is one full bath on the main level and two upstairs. As is often the case with old beauties from this period, some of the bedrooms do not have closets. But rooms are large and the floor plan is surprisingly open. Owner would p

$2,175Per Month

918 Fort Wayne Ave Nine+Eighteen Apartments Indianapolis, IN#5499674

  • 2 Bed
  • 2 Bath
  • $2,175

Nine+Eighteen is the new “modern-nostalgic” centerpiece of the St. Joseph Historic Neighborhood in Downtown Indianapolis. Located at 918 Fort Wayne Avenue, our 1- and 2- bedroom apartment community is nestled in one of the city’s most desirable neighborhoods rich with tradition, diversity and history. Spacious open-concept floorplans Full balconies in most units Large courtyard for outdoor lounging and entertaining Washer and dryer in every unit Pet-friendly Modern finishes and appliances

$2,150Per Month

918 Fort Wayne Ave Nine+Eighteen Apartments Indianapolis, IN#5499654

  • 2 Bed
  • 2 Bath
  • $2,150

Nine+Eighteen is the new “modern-nostalgic” centerpiece of the St. Joseph Historic Neighborhood in Downtown Indianapolis. Located at 918 Fort Wayne Avenue, our 1- and 2- bedroom apartment community is nestled in one of the city’s most desirable neighborhoods rich with tradition, diversity and history. Spacious open-concept floorplans Full balconies in most units Large courtyard for outdoor lounging and entertaining Washer and dryer in every unit Pet-friendly Modern finishes and appliances

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Apartments for rent Indianapolis, IN

Indianapolis, the capital of Indiana, is 372 square miles and home to nearly a million permanent residents. With many communities throughout the city, each with its own unique atmosphere and vibe, Indianapolis has a home for everyone.  Apartment living in Indianapolis can be very luxurious. Many apartment complexes have modern amenities including pools, exercise facilities, private balconies and social lounges all reserved for the exclusive use of tenants and their guests.  Some Indianapolis apartments even have water frontage and docks for kayaking and other water activities.

Working professionals and millennials seeking big city living will find downtown Indianapolis rentals convenient and affordable. They can walk to work, the theater and enjoy cultural tours that showcase local artists at the many museums and theaters throughout Indianapolis.  Prospective tenants moving to the area are encouraged to spend time getting to know the city.  Volunteering is a great way to support your new community as well as to make new friends.  Home to many universities and colleges as well as professional sports teams and acclaimed cultural events, Indianapolis is a dynamic city and a flourishing rental market.  From historic homes to urban lofts, those renting Indianapolis apartments are in for a wonderful experience and an exciting new chapter in their lives. 

Cost of living

The cost of living in Indianapolis is below the national average and considerably less expensive than other major cities in the United States.  Housing is especially affordable in Indianapolis and prospective tenants are encouraged to seek out cheap apartments in Indianapolis.  Tenants who budget wisely and do their research are sure to find many rentals in Indianapolis that meet their wish list for modern finishes and plenty of exciting features and amenities.

Apartment Rental Statistics Indianapolis, IN

Rental Type Active
Listings
Minimum
Rent
Maximum
Rent
Average
Rent
Studio 52 $320 $1,200 $560
1 Bedroom 190 $475 $1,750 $926
2 Bedroom 239 $500 $3,200 $1,015
3 Bedroom 179 $625 $2,940 $1,192

Renting tips & advice

Those considering Indianapolis rentals are encouraged to keep the following renting tips in mind when searching for apartments for rent in Indianapolis.

Monthly Rental Budget

Apartment complexes look for renters who are able to budget 30 percent of their after-tax net income for rent. It is in your best interest to focus your rental efforts on apartments you can afford.  Set a budget and stick to it!  Remember to include the additional costs of utilities, parking, cable and internet into your budget as they need to be paid each month along with your rent and can get expensive, especially if not accounted for.  

Features and Amenities

Decide which apartment features and amenities are truly important to you and which are those that you could potentially live without.  Use the many filters on ApartmentLove.com to focus your Indianapolis apartment search on listings that have the amenities you desire most.  For instance, pet owners are advised to speak with landlords about their pet policies prior to submitting a formal offer to lease.  If you own a car, make sure to look for apartments for rent in Indianapolis that have dedicated parking spaces.

North Indianapolis Apartments

North Indianapolis is becoming increasingly attractive for millennials and young professionals seeking affordable apartments in close proximity to work.  The elegant Victorian mansions of the area, considered mostly frame homes, were divided into apartments in the mid-20th century and later renovated into more modern spaces today.

South Indianapolis Apartments

The Fountain Square area, where homes are large, has seen many families move in. Many artists use downtown lofts created from factories and warehouses on the eastern and southern edges of downtown Indianapolis making this an attractive rental market.  If considering a move to the South Indianapolis area, prospective tenants are encouraged to visit the area and spend some time getting familiar with life in the community before signing a lease for an apartment for rent in South Indianapolis.

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