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Show properties that allow residents to earn extra money from hosting on Airbnb part-time. Hosting is subject to rules and restrictions. Ask property management for details.
The average rent in Downtown Indianapolis, Indianapolis, as of June 2026, is up 4.3% compared to last month and up 1.02% year-over-year.
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All rentals
1d ago
Verified
Studio–2 beds
1–2 baths
$1,725–$2,659
Apartment for rent
1d ago
Verified
530 E Ohio St, Indianapolis, IN 46204
In-unit laundry | Garage parking | Assigned parking
Studio–2 beds
1–2 baths
$1,154–$1,838
Apartment for rent
18h ago
Verified
423 E Michigan St, Indianapolis, IN 46204
In-unit laundry | Furnished | Air conditioning
Studio–3 beds
1–3 baths
$2,007–$4,589
Apartment for rent
18h ago
Verified
50 N Illinois St, Indianapolis, IN 46204
In-unit laundry | Furnished | Air conditioning
1–3 beds
1–2 baths
$2,186–$4,433
Apartment for rent
18h ago
Verified
501N N New Jersey St, Indianapolis, IN 46204
In-unit laundry | Furnished | Air conditioning
Studio–2 beds
1–2 baths
$1,923–$4,411
Apartment for rent
18h ago
Verified
421 N Pennsylvania St, Indianapolis, IN 46204
In-unit laundry | Furnished | Air conditioning
Studio–2 beds
1–2 baths
$2,746–$4,869
Apartment for rent
In-Unit Laundry
Outdoor Space
Assigned Parking
Garage Parking
2d ago
Verified
747 N College Ave, Indianapolis, IN 46202
In-unit laundry | Furnished | Air conditioning
1–2 beds
1–2 baths
$2,359–$3,411
Apartment for rent
5d+ ago
Verified
In-unit laundry | Air conditioning | Central heat
2 beds
1 bath
$1,449
Apartment for rent
Available Jun 8
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5d+ ago
Downtown Indianapolis apartment for rent in Indianapolis
In-unit laundry | Air conditioning | Central heat
1 bed
1 bath
$1,354
Apartment for rent
Available Aug 5
5d+ ago
Verified
In-unit laundry | Air conditioning | Assigned parking
2 beds
0 baths
$1,449
Apartment for rent
Available Aug 5
These rentals are 10%-30% cheaper than the local average price for similar rentals.
5h ago
549 N Senate Ave, Indianapolis, IN 46204
In-unit laundry | Garage parking | Dishwasher
2 beds
1 bath
$1,707–$1,738
Apartment for rent
5h ago
520 Virginia Ave, Indianapolis, IN 46203
In-unit laundry | Assigned parking | Dishwasher
1 bed
1 bath
$1,575
Apartment for rent
6h ago
Studio–3 beds
1–3 baths
$1,350–$6,235
Apartment for rent
9h ago
115 N Pennsylvania St, Indianapolis, IN 46204
In-unit laundry | Dishwasher | Oven
1–2 beds
1 bath
$1,199–$2,862
Apartment for rent
10h ago
501 Virginia Ave, Indianapolis, IN 46203
In-unit laundry | Balcony | Assigned parking
1–2 beds
1–2 baths
$1,590–$2,240
Apartment for rent
11h ago
231 N Pennsylvania St, Indianapolis, IN 46204
In-unit laundry | Garage parking | Balcony
Studio–2 beds
1–2 baths
$1,442–$2,590
Apartment for rent
15h ago
412 N Alabama St, Indianapolis, IN 46204
On-site laundry | Central heat
1 bed
1 bath
$990
Apartment for rent
22h ago
1 bed
1 bath
$1,369–$1,400
Apartment for rent
23h ago
Studio–2 beds
1 bath
$1,354–$2,349
Apartment for rent
1d ago
719 Virginia Ave, Indianapolis, IN 46203
In-unit laundry | Balcony | Assigned parking
1 bed
1 bath
$1,690
Apartment for rent
1d ago
Studio–3 beds
1–3 baths
$1,339–$2,848
Apartment for rent
1d ago
2 beds
1 bath
$1,339
Apartment for rent
2d ago
1 bed
1 bath
$1,025
Apartment for rent
2d ago
515 E Market St, Indianapolis, IN 46204
In-unit laundry | Garage parking | Assigned parking
1 bed
1 bath
$1,610
Apartment for rent
2d ago
Downtown Indianapolis apartment for rent in Indianapolis
2 beds
1 bath
$1,749
Apartment for rent
2d ago
1022 Dr Martin Luther King Jr St, Indianapolis, IN 46202
In-unit laundry | Air conditioning | On-site laundry
Studio
1 bath
$675
Apartment for rent
3d ago
1 bed
1 bath
$1,199–$2,267
Apartment for rent
4d ago
1040 N Delaware St, Indianapolis, IN 46202
In-unit laundry | Fitness center | Dishwasher
1 bed
1 bath
$1,250–$1,325
Apartment for rent
4d ago
Downtown Indianapolis apartment for rent in Indianapolis
1 bed
1 bath
$850
Apartment for rent
Available Jul 3
4d ago
1 bed
1 bath
$1,047–$1,145
Apartment for rent
4d ago
727 Fletcher Ave, Indianapolis, IN 46203
Garage parking | Walk-in closets
2 beds
1 bath
$2,040
Apartment for rent
5d+ ago
Studio–2 beds
1–2 baths
$1,190–$4,450
Apartment for rent
5d+ ago
Downtown Indianapolis apartment for rent in Indianapolis
1 bed
1 bath
$1,375
Apartment for rent
5d+ ago
Downtown Indianapolis townhouse for rent in Indianapolis
2 beds
2 baths
$2,350
House for rent
Available Jul 15
5d+ ago
Downtown Indianapolis apartment for rent in Indianapolis
1 bed
1 bath
$1,500
Apartment for rent
5d+ ago
Downtown Indianapolis apartment for rent in Indianapolis
1 bed
1 bath
$1,100
Apartment for rent
Available Jul 9
5d+ ago
Downtown Indianapolis apartment for rent in Indianapolis
1 bed
1 bath
$1,100
Apartment for rent
Available Jul 10
5d+ ago
Downtown Indianapolis apartment for rent in Indianapolis
1 bed
1 bath
$1,100
Apartment for rent
Available Jul 10
5d+ ago
Downtown Indianapolis house for rent in Indianapolis
4 beds
1.5 baths
$2,300
House for rent
Available Apr 10
5d+ ago
Downtown Indianapolis house for rent in Indianapolis
549 W 13th St, Indianapolis, IN 46202
In-unit laundry | Garage parking | On-site laundry
3 beds
2 baths
$1,950
House for rent
Available Jul 27
5d+ ago
Downtown Indianapolis condo for rent in Indianapolis
2 beds
1.5 baths
$2,250
$1,995
Price drop
Condo for rent
Available May 15
5d+ ago
Downtown Indianapolis apartment for rent in Indianapolis
843 N Park Ave, Indianapolis, IN 46202
In-unit laundry | Air conditioning | Garage parking
3 beds
2.5 baths
$1,900
Apartment for rent
5d+ ago
Downtown Indianapolis house for rent in Indianapolis
3 beds
2 baths
$2,800
House for rent
5d+ ago
Downtown Indianapolis townhouse for rent in Indianapolis
3 beds
3.5 baths
$3,200
House for rent
Available Jun 30
5d+ ago
Downtown Indianapolis condo for rent in Indianapolis
2 beds
2.5 baths
$2,395
Condo for rent
Available Jun 1
5d+ ago
Downtown Indianapolis condo for rent in Indianapolis
706 Massachusetts Ave #203, Indianapolis, IN 46204
In-unit laundry | Garage parking | On-site laundry
2 beds
2.5 baths
$2,700
Condo for rent
5d+ ago
Downtown Indianapolis condo for rent in Indianapolis
2 beds
2 baths
$1,995
Condo for rent
5d+ ago
Downtown Indianapolis apartment for rent in Indianapolis
In-unit laundry | Controlled access | On-site management
1 bed
1 bath
$1,399
Apartment for rent
Available May 19
5d+ ago
Downtown Indianapolis apartment for rent in Indianapolis
In-unit laundry | Garage parking | Ceiling fan
1 bed
1 bath
$1,424
Apartment for rent
Available Jun 19
5d+ ago
Downtown Indianapolis apartment for rent in Indianapolis
In-unit laundry | Garage parking | On-site management
1 bed
1 bath
$1,075
$995
Price drop
Apartment for rent
Available May 8
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13 rentals
34 rentals
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105 rentals
86 rentals
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162 rentals
95 rentals
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1410 rentals
690 rentals
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646 rentals
47 rentals
One-bedroom apartments in Downtown Indianapolis average around $1,600 per month in 2025, representing a 7.2% increase from the previous year. These units typically offer about 735 square feet of living space.
Two-bedroom apartments in Downtown Indianapolis rent for around $2,300 per month in 2025, up 7.2% from 2024. These units average approximately 1,178 square feet of space.
Three-bedroom apartments in Downtown Indianapolis average around $2,800 per month in 2025, showing the largest year-over-year increase at 10.2%. These larger units typically provide about 1,594 square feet of living space.
Downtown Indianapolis rental costs averaged around $1,800 per month across all apartment types in 2025, with rents rising 5.4% from the previous year. Studios start around $1,400 monthly, while three-bedroom units reach around $2,800 per month.
Apartments in Downtown Indianapolis average 914 square feet across all unit types. Studio apartments offer about 557 square feet, while three-bedroom units provide the most space at approximately 1,594 square feet.
One-bedroom apartments are the most common rental type in Downtown Indianapolis, with about 157 listings available monthly. Two-bedroom units follow as the second most prevalent option with approximately 121 monthly listings.
Downtown Indianapolis is a hub for renters who prioritize social living and fitness. According to 2024 data, the neighborhood's vibrant social scene is supported by its abundance of restaurants, well-maintained street infrastructure, and frequent transit options, making it easy to get around and meet up with friends. Additionally, local events and a strong safety record contribute to its appeal. For fitness enthusiasts, Downtown Indianapolis offers a range of amenities, including onsite gym equipment, nearby grocery stores, and access to fitness classes and wellness programs. Many buildings also feature fitness centers and gyms, and some even incorporate low-VOC materials and soundproofing for a healthier living environment. With its unique blend of social and wellness-focused amenities, Downtown Indianapolis is an attractive choice for renters seeking a dynamic and healthy lifestyle.
Three-bedroom apartments are the least common rental type in Downtown Indianapolis, with about 18 listings available per month. Studios are also relatively limited, averaging around 45 monthly listings in the neighborhood.
Zumper’s proprietary rental data fuels our analysis. Rent and market trends, availability, neighborhood popularity, and lifestyle scores are all calculated using real-time and 2026 rental inventory and prices.
Our Lifestyle Categories ("great for eco-living," "great for social life," "great for pet owners," etc.) are determined by set criteria, against which we score each listing and its available features. At the neighborhood level, we calculate the listing count for each category to determine which lifestyles best fit each area.
Zumper, founded in 2012, is North America’s largest privately-owned rental platform, offering over 1 million listings across the U.S. and Canada. Stay informed on the latest trends and shifts in the rental market with our monthly National Rent Report, your go-to resource for key insights into the evolving rental landscape.
| 🔑Available apartment rentals | 224 |
|---|---|
| 💰Best rent deal | 1022 Dr Martin Luther King Jr St |
| ✨Popular amenities | , , |
| 🧦In-unit laundry | |
| 🍽With dishwasher | |
| 🏠With photos |