Apartments for Rent in Indianapolis IN
13,854 Rentals Available
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Indianapolis Market Snapshot
Average 1-Bedroom Rent is $1,112/mo
Unchanged From Last Year
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Showing 40 of 700 Results - Page 1 of 18
Explore Rent Prices Near Indianapolis, IN
Indianapolis, IN’s average rent price is $1,287 per month. Compare rent prices and available listings in nearby cities to find better value or more options that fit your budget.
| Average Rent | |
|---|---|
| Beech Grove | $900 |
| Southport | $370 |
| Carmel | $1,709 |
| Greenwood | $1,239 |
| Avon | $1,417 |
Average Monthly Rent is calculated using the average rent of active one-bedroom apartment listings.
Indianapolis, IN Apartments for Rent
Indianapolis makes day-to-day life simple, with I-65, I-70, and the I-465 beltway connecting most neighborhoods in minutes. You'll find apartments for rent in Indianapolis close to major job hubs Downtownânear Monument Circle, state offices, Eli Lilly, IU Health, and the IU Indianapolis campusâand the IndyGo Red Line links Broad Ripple to the core and the University of Indianapolis. Weekends come easy at White River State Park along the Canal Walk, Lucas Oil Stadium, Gainbridge Fieldhouse, the Indianapolis Zoo, and the Children's Museum of Indianapolis; look for apartments near the Canal Walk if you want greenspace and museums at your doorstep. The airport sits just off I-70, making trips in and out of town straightforward.
Top spots for renters include Downtown's Mile Square, which puts homes steps from Monument Circle and the Cultural Trail. Mass Ave and the Bottleworks District stack up indie restaurants, the Garage Food Hall, and boutique shopping. Fountain Square and nearby Fletcher Place bring colorful murals, music venues, and quick rides on Virginia Avenue. Broad Ripple and SoBro mix riverfront parks with the Monon Trail and late-night patiosâtry rentals close to the Monon Trail if biking is your thing. Butler-Tarkington offers leafy streets near Butler University and Newfields (Indianapolis Museum of Art). Irvington lines East Washington Street with cafés and the historic Irving Theater. Speedway keeps you close to the Indianapolis Motor Speedway and Main Street eateries, while the northwest side offers places to live near Eagle Creek Park for miles of trails and water views.
Indianapolis, IN Rental Insights
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The average rent in Indianapolis, IN is $1,112 per month. By comparison, renters across the U.S. pay an average of $1,626, which means housing in Indianapolis, IN is slightly less expensive than much of the country.
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Find affordable apartments for rent in Indianapolis, IN by browsing listings in budget-friendly neighborhoods such as Arthur Browns Arlington Manor, Park 100, and New Augusta. Use filters by price, number of bedrooms, and amenities to narrow your search.
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The most popular ZIP codes for renters in Indianapolis, IN are 46201, 46203, 46202, 46205, and 46218.
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The cost of living in Indianapolis, IN is 10.0% lower than the national average. Daily expenses like housing, groceries, and transportation generally cost less than in many other U.S. cities.
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To live comfortably in Indianapolis, IN as a single adult with no dependents, aim for a salary of at least $68,000 before taxes. Expect to spend about $8,268/year for groceries, $12,096 for goods and services, and $21,456/year for housing. To decide how much you should spend on rent, use our rent affordability calculator.
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You can find flexible rentals in Indianapolis, IN by exploring short-term rentals for temporary stays or browsing furnished apartments for move-in ready options that save time and hassle.
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Tour apartments from your couch with Matterport 3D Tours. We have 13,854 Indianapolis apartments with virtual tours available. Walk through the apartment, view room layouts and get a feel for the space before an in-person tour.
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Indianapolis, IN has limited transit options. A car is recommended for most errands and commutes.
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Students renting in Indianapolis, IN have access to IU - School of Medicine, IU - Indianapolis, Ivy Tech Community College, and Marian Univ., Indianapolis.
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