Indiana University-Indianapolis

Indianapolis, IN

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Indiana University-Indianapolis - Indianapolis, IN Area Guide

Uniting two of the region’s most respected universities in the Circle City

Urban Public IUPUI Jaguars Walkable

As a joint campus shared by two of the Midwest’s most prestigious institutions, Indiana University – Purdue University, Indianapolis combines the two schools’ significant academic and research potential with the resources of Indiana’s biggest city to create a powerhouse collegiate environment. IUPUI operates the largest nursing school and the second-largest medical school in the nation, as well as Indiana’s only dentistry school. The university’s major medical facilities and the School of Dentistry sit on the west side of campus, so if you’ll be spending a lot of time in these areas you may want to seek living arrangements across the river in Haughville or near the Indianapolis Zoo (three bridges connect this section of the city to the campus). The university is sandwiched between the White River and Downtown, with Mile Square and the trendy Wholesale District just a few blocks away; this makes it easy to walk to the city center for a bite to eat at Spoke and Steele, a drink at Yard House, or a football game at Lucas Oil Stadium.

Rent Trends

As of April 2026, the average apartment rent in Indianapolis, IN is $981 for a studio, $1,121 for one bedroom, $1,325 for two bedrooms, and $1,535 for three bedrooms. Apartment rent in Indianapolis has decreased by -0.3% in the past year.

  • Studio

  • 474 sq ft

    Average Sq Ft

  • $981/month

    Average Rent

  • 1 BR

  • 698 sq ft

    Average Sq Ft

  • $1,121/month

    Average Rent

  • 2 BR

  • 990 sq ft

    Average Sq Ft

  • $1,325/month

    Average Rent

  • 3 BR

  • 1,289 sq ft

    Average Sq Ft

  • $1,535/month

    Average Rent

Getting Around

Very Walkable

Walkability

80 / 100

Some Public Transit

Transit

50 / 100

Exceptionally Drivable

Drivability

90 / 100

Exceptionally Bikeable

Bikeability

90 / 100

Daily Essentials

Supermarket Within a 30 Minute Walk

Groceries

30 / 100

Good Restaurant Variety Nearby

Restaurants

70 / 100

Good Café Variety Nearby

Cafes

60 / 100

Fair Variety of Shops Nearby

Shopping

50 / 100

Recreation

Large Amount of Park Space Nearby

Parks

70 / 100

Fair Wellness Amenity Variety Nearby

Wellness

40 / 100

Local Vibe

Vibrant Atmosphere at Times

Vibrancy

50 / 100

Fair Nightlife Variety Nearby

Nightlife

50 / 100

Moderately Noisy

Quiet Score

40 / 100

Schools

Forest Glen Elementary School

Public

Grades PK-5

880 Students

Paramount Brookside

Public

Grades K-8

803 Students

Merle Sidener Gifted Academy

Public

Grades K-8

300 Students

Paramount Cottage Home

Public

Grades K-5

265 Students

Paramount Englewood

Public

Grades K-8

233 Students

Paramount Brookside

Public

Grades K-8

803 Students

Merle Sidener Gifted Academy

Public

Grades K-8

300 Students

Paramount Englewood

Public

Grades K-8

233 Students

Center for Inquiry School 84

Public

Grades K-8

469 Students

Franklin Central Junior High

Public

Grades 6-8

1,711 Students

Franklin Central High School

Public

Grades 9-12

3,319 Students

Perry Meridian High School

Public

Grades 9-12

2,350 Students

Herron High School

Public

Grades 9-12

995 Students

North Central High School

Public

Grades 9-12

3,628 Students

Ben Davis University High School

Public

Grades 9-12

358 Students

Points of Interest

Parks and Recreation

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

Commuter Rail

Airports

  • Indianapolis International

Top Apartments Near Indiana University-Indianapolis

Houses Near Indiana University-Indianapolis

Property Management Companies

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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.