Market East

Indianapolis, IN

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Market East - Indianapolis, IN Area Guide

Indy's trendy side

Bike-Friendly Walkable Urban Downtown Market Historic Family-Friendly

Market East follows East Market Street from the historic Indianapolis City Market eastward toward East Street. This artistic, bicycle-friendly, and walkable neighborhood provides a place for those seeking a hip, up-and-coming, artistic neighborhood. Market East offers fast access to the Indianapolis Cultural Trail, Bankers Life Fieldhouse, the Hall, and of course the Market. The neighborhood is booming with high-rise apartment buildings, offices, shops, and more being built.

Market East is considered Indy's "new downtown," but this isn't your average urban core -- it's also great for families, with high-ranking public schools located nearby. Of course, the star of Market East is the historic Indianapolis City Market, home of the Original Farmers' Market, the Tomlinson Tap Room, and a variety of merchants offering everything from bakeries to antique stores.

Rent Trends

As of May 2026, the average apartment rent in Market East is $1,181 for a studio, $1,657 for one bedroom, $2,098 for two bedrooms, and $2,543 for three bedrooms. Apartment rent in Market East has decreased by -7.8% in the past year.

  • Studio

  • 457 sq ft

    Average Sq Ft

  • $1,181/month

    Average Rent

  • 1 BR

  • 726 sq ft

    Average Sq Ft

  • $1,657/month

    Average Rent

  • 2 BR

  • 1,097 sq ft

    Average Sq Ft

  • $2,098/month

    Average Rent

  • 3 BR

  • 1,381 sq ft

    Average Sq Ft

  • $2,543/month

    Average Rent

Getting Around

Very Walkable

Walkability

80 / 100

Strong Public Transit

Transit

80 / 100

Very Drivable

Drivability

80 / 100

Moderately Bikeable

Bikeability

70 / 100

Daily Essentials

Supermarket Within a 5 Minute Walk

Groceries

90 / 100

Good Restaurant Variety Nearby

Restaurants

70 / 100

Good Café Variety Nearby

Cafes

60 / 100

Good Variety of Shops Nearby

Shopping

60 / 100

Recreation

Large Amount of Park Space Nearby

Parks

60 / 100

Fair Wellness Amenity Variety Nearby

Wellness

40 / 100

Local Vibe

Vibrant Atmosphere

Vibrancy

70 / 100

Great Nightlife Variety Nearby

Nightlife

80 / 100

Extremely Noisy

Quiet Score

10 / 100

Points of Interest

Parks and Recreation

  • University Park
  • Indiana State Museum
  • White River State Park
  • White River Gardens
  • Indianapolis Zoo

Commuter Rail

Airports

  • Indianapolis International

Top Apartments in Market East

Houses for Rent in Market East

Property Management Companies

Search Nearby Rentals

Methodology

† Our analysis of utilities, groceries, transportation, healthcare, home prices, and other goods and services is sourced from the Cost of Living Index, a respected benchmark published by the Council for Community and Economic Research (C2ER) that provides a thorough overview of living expenses across different regions.

Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.

Consumer goods, services, and home prices are sourced from the Cost of Living Index published by the Council for Community and Economic Research (C2ER). The data on this page is updated quarterly. It was last published in February 2026.

Demographic information comes from Neustar and combines detailed address data with U.S. Census and American Community Survey statistics to produce reliable local estimates.