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Apartments for Rent in Downtown Indianapolis, Indianapolis, IN

Average rent

$1,875
increased by5%

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Great for

Social life
Eco-living
Wellness

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Industry Indianapolis - Photo 1 of 1
Rent special
New construction

3h ago

9.7

Excellent

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Industry Indianapolis

421 N Pennsylvania St, Indianapolis, IN 46204

Storage | Ev charging

Studio–2 beds

1–2 baths

$1,229–$3,835

Apartment for rent

Available Mar 17

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Maxwell Apartments - Photo 1 of 1
Rent special
3D tour

3d ago

9.3

Excellent

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Verified

Maxwell Apartments

530 E Ohio St, Indianapolis, IN 46204

Garage parking | Assigned parking | Fitness center

Studio–2 beds

1–2 baths

$1,095–$1,588

Apartment for rent

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335 W 9th St - Photo 1 of 1

2d ago

9.2

Excellent

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Verified

335 W 9th St

335 W 9th St, Indianapolis, IN 46202

Furnished | Package service

Studio–2 beds

1–2 baths

$1,395–$2,481

Apartment for rent

520 E Washington St - Photo 1 of 1

22h ago

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520 E Washington St, Indianapolis, IN 46204

In-unit laundry | Furnished | Air conditioning

1 bed

1 bath

$2,572

Apartment for rent

Description

Welcome to our newest condo at the Grid in downtown Indy, where modern travelers can feel at home with seamless check-in, thoughtful touches, and a tech-first approach. Situated right on Washington St and just minutes from Monument Circle, the Convention Center, and Lucas Oil Stadium, this location is unbeatable. This spacious 1-bedroom apartment features inviting living areas, a fully equipped kitchen, and a bathroom complete with toiletries. Enjoy access to the building's fitness center, which includes strength and cardio rooms. The apartment also offers an in-unit washe

530 Massachusetts Avenue - Photo 1 of 1

22h ago

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530 Massachusetts Avenue

530 Massachusetts Ave, Indianapolis, IN 46204

In-unit laundry | Furnished | Air conditioning

Studio–3 beds

1–2 baths

$2,208–$4,869

Apartment for rent

Description

Welcome to our newest condo in the heart of Mass Ave! Designed for the modern traveler, this apartment offers seamless check-in, thoughtful amenities, and a tech-first approach, ensuring you feel at home while living like a local. Located in the local's favorite neighborhood, you're steps away from fantastic bars and restaurants. Enjoy the exclusive lounge or stunning city views from the roof deck. This studio apartment features inviting living areas, a fully equipped kitchen, and a bathroom complete with toiletries. You can also enjoy the outdoor pool, fitness center, in-

890 Massachusetts Ave - Photo 1 of 1

22h ago

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890 Massachusetts Ave, Indianapolis, IN 46204

In-unit laundry | Furnished | Air conditioning

3 beds

3 baths

$5,812

$5,487

Price drop

Apartment for rent

Find rentals with popular amenities

Garage Parking

Hardwood Floor

In-Unit Laundry

Storage

125 W Market St - Photo 1 of 1

22h ago

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125 W Market St, Indianapolis, IN 46204

In-unit laundry | Furnished | Air conditioning

2 beds

2 baths

$2,694

Apartment for rent

Description

Experience the charm of this unique apartment at The Block, nestled in a historic building with modern amenities and stunning city views. Enjoy direct access to the Skybridge, making it a perfect home away from home. The apartment includes complimentary coffee, a smart TV with streaming services, and fast Wi-Fi. A washer and dryer are conveniently located inside the apartment, and a fitness center is available onsite for your use. This cozy apartment is ideal for a family, group of friends, or business travelers, offering all the amenities necessary for a comfortable stay.

450 E Market St - Photo 1 of 1

22h ago

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450 E Market St, Indianapolis, IN 46204

In-unit laundry | Furnished | Air conditioning

2 beds

2 baths

$2,516

Apartment for rent

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450 E Walnut St - Photo 1 of 1

10m ago

9.3

Excellent

450 E Walnut St

450 E Walnut St, Indianapolis, IN 46202

In-unit laundry | Air conditioning | Assigned parking

1 bed

1 bath

$1,285

Apartment for rent

430 Spring St - Photo 1 of 1

3h ago

Downtown Indianapolis house for rent in Indianapolis

Single Family Residence, Bungalow - Indianapolis, IN

430 Spring St, Indianapolis, IN 46202

In-unit laundry | Hardwood floor | Storage

2 beds

1 bath

$1,900

House for rent

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549 N Senate Ave - Photo 1 of 1

5h ago

8

Very good

549 N Senate Ave

549 N Senate Ave, Indianapolis, IN 46204

In-unit laundry | Garage parking | Dishwasher

2 beds

1 bath

$1,707–$1,942

Apartment for rent

550 Fletcher Ave - Photo 1 of 1
3D tour

9h ago

7.9

Very good

550 Fletcher Ave

550 Fletcher Ave, Indianapolis, IN 46203

1–2 beds

1 bath

$1,025–$1,249

Apartment for rent

Penn Street Tower Apartments - Photo 1 of 1
Highly rated

9h ago

8.3

Very good

Penn Street Tower Apartments

115 N Pennsylvania St, Indianapolis, IN 46204

In-unit laundry | Dishwasher | Oven

1–2 beds

1 bath

$1,319–$2,347

Apartment for rent

522 Fletcher Ave - Photo 1 of 1

9h ago

8.4

Very good

522 Fletcher Ave

522 Fletcher Ave, Indianapolis, IN 46203

1 bed

1 bath

$1,025

Apartment for rent

333 Penn Apartments - Photo 1 of 1
Highly rated

10h ago

8.6

Very good

333 Penn Apartments

333 N Pennsylvania St, Indianapolis, IN 46204

In-unit laundry | Microwave

1 bed

1 bath

$1,289–$2,338

Apartment for rent

Circa Apartments - Photo 1 of 1
Highly rated

13h ago

9.4

Excellent

Circa Apartments

617 N College Ave, Indianapolis, IN 46204

In-unit laundry | Garage parking | Balcony

Studio–3 beds

1–3 baths

$1,369–$3,064

Price drop

Apartment for rent

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Ardmore Apartments - Photo 1 of 1
Highly rated

15h ago

8.5

Very good

Ardmore Apartments

231 N Pennsylvania St, Indianapolis, IN 46204

In-unit laundry | Garage parking | Balcony

Studio–2 beds

1–2 baths

$1,390–$2,990

Apartment for rent

CityWay - Photo 1 of 1
Highly rated
Rent special

17h ago

9.4

Excellent

CityWay

229 S Delaware St, Indianapolis, IN 46204

In-unit laundry | Air conditioning | Garage parking

Studio–3 beds

1–3 baths

$1,234–$8,260

Price drop

Apartment for rent

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Five Twenty Virginia - Photo 1 of 1
Highly rated

17h ago

8.9

Very good

Five Twenty Virginia

520 Virginia Ave, Indianapolis, IN 46203

On-site laundry | Dishwasher | Microwave

1–2 beds

1 bath

$1,333–$1,879

Apartment for rent

Wyndham on Delaware - Photo 1 of 1

17h ago

8.8

Very good

Wyndham on Delaware

1040 N Delaware St, Indianapolis, IN 46202

In-unit laundry | Fitness center | Dishwasher

1 bed

1 bath

$1,250–$1,350

Apartment for rent

501 Madison Ave #202 - Photo 1 of 1

1d ago

Downtown Indianapolis apartment for rent in Indianapolis

Garage parking | On-site laundry | Assigned parking

1 bed

1 bath

$1,249

Apartment for rent

Available Sep 21

Description

Coming Soon. Glimpse the vibrant lifestyle awaiting you at 501 Madison Avenue, Apt 202, nestled in the heart of Indianapolis. This meticulously designed studio apartment offers 550 square feet of stylish living space, perfectly complementing your dynamic lifestyle. Revel in the timeless elegance of hardwood floors that add a touch of sophistication and warmth to your new home. The spacious full bathroom offers modern fixtures and ample space, ensuring convenience and comfort. Situated in a prime location, this apartment positions you just moments away from the bustling ene

501 Madison Ave #304 - Photo 1 of 1

1d ago

Downtown Indianapolis apartment for rent in Indianapolis

Garage parking | On-site laundry | Assigned parking

1 bed

1 bath

$1,099

Apartment for rent

Available Sep 21

Description

Coming Soon. Introducing a chic urban retreat at 501 Madison Avenue, Unit 304, in the heart of Indianapolis, IN 46225. This stunning studio apartment, with it's efficient 500 sq ft layout, offers a perfect blend of style and functionality. Step inside to find gleaming hardwood floors that reflect natural light, creating a warm and inviting atmosphere. The modern kitchen boasts sleek granite countertops, ideal for both casual meals and entertaining guests. This thoughtfully designed space features a full bath, providing all the comforts you need in one compact package. Enjo

Christian Place Apartments - Photo 1 of 1

1d ago

7.5

Very good

Christian Place Apartments

824 N Alabama St, Indianapolis, IN 46204

In-unit laundry | On-site laundry | Microwave

1 bed

1 bath

$900–$1,025

Apartment for rent

Penrose on Mass - Photo 1 of 1
Highly rated

2d ago

8.7

Very good

Penrose on Mass

530 Massachusetts Ave, Indianapolis, IN 46204

Garage parking | Assigned parking

Studio–2 beds

1–2 baths

$1,190–$4,450

Apartment for rent

212 E 10th St #1 - Photo 1 of 1

3d ago

Downtown Indianapolis apartment for rent in Indianapolis

212 E 10th St #1, Indianapolis, IN 46202

Furnished | Assigned parking | Hardwood floor

Studio

1 bath

$900

Apartment for rent

Available Oct 1

Slate Apartments - Photo 1 of 1

3d ago

8.5

Very good

Slate Apartments

501 Virginia Ave, Indianapolis, IN 46203

In-unit laundry | Balcony | Assigned parking

Studio–2 beds

1–2 baths

$1,430–$2,290

Apartment for rent

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918 N College Ave - Photo 1 of 1

3d ago

Downtown Indianapolis townhouse for rent in Indianapolis

In-unit laundry | On-site laundry | Hardwood floor

2 beds

1 bath

$1,800

House for rent

Available Sep 19

Grace Manor Apartments - Photo 1 of 1

3d ago

9.2

Excellent

Grace Manor Apartments

234 E 9th St, Indianapolis, IN 46204

On-site laundry | Storage

Studio–2 beds

1 bath

$1,429–$2,250

Apartment for rent

Senate - Photo 1 of 1

3d ago

8.1

Very good

Senate

S Senate Ave, Indianapolis, IN 46204

On-site laundry | Storage

3 beds

1 bath

$1,529

Apartment for rent

Fletcher Place Lofts - Photo 1 of 1

3d ago

9

Excellent

Fletcher Place Lofts

410 S College Ave, Indianapolis, IN 46203

In-unit laundry | Dishwasher | Microwave

2 beds

2 baths

$2,090

Apartment for rent

Devonshire Apartments in Downtown Indianapolis - Photo 1 of 1

3d ago

7.3

Very good

Devonshire Apartments in Downtown Indianapolis

412 N Alabama St, Indianapolis, IN 46204

On-site laundry | Central heat

1 bed

1 bath

$990

Apartment for rent

Mozzo apartments - Photo 1 of 1

4d ago

8.6

Very good

Mozzo apartments

531 Virginia Ave, Indianapolis, IN 46203

In-unit laundry | On-site laundry

Studio–2 beds

1–2 baths

$1,099–$1,875

Apartment for rent

The Seminole Apartments a 55 and over community - Photo 1 of 1

4d ago

8.2

Very good

The Seminole Apartments a 55 and over community

920 N Alabama St, Indianapolis, IN 46202

Dishwasher | Microwave

1 bed

1 bath

$938–$1,145

Apartment for rent

472 S Pine St - Photo 1 of 1

5d+ ago

Downtown Indianapolis house for rent in Indianapolis

Single Family Residence, Colonial - Indianapolis, IN

472 S Pine St, Indianapolis, IN 46203

In-unit laundry | Garage parking | Balcony

2 beds

2 baths

$2,300

$2,100

Price drop

House for rent

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Indy Colonial Apartments - Photo 1 of 1

5d+ ago

7.3

Very good

Indy Colonial Apartments

126 E Vermont St, Indianapolis, IN 46204

1 bed

1 bath

$1,025–$1,150

Apartment for rent

543 N Park Ave #543 - Photo 1 of 1

5d+ ago

Downtown Indianapolis condo for rent in Indianapolis

Condominium, Traditional - Indianapolis, IN

543 N Park Ave #543, Indianapolis, IN 46202

In-unit laundry | Garage parking | Hardwood floor

2 beds

2 baths

$2,700

Condo for rent

355 E Ohio St #112 - Photo 1 of 1

5d+ ago

Downtown Indianapolis condo for rent in Indianapolis

355 E Ohio St #112, Indianapolis, IN 46204

In-unit laundry | Dishwasher | Microwave

1 bed

1 bath

$1,545

Condo for rent

533 Leon St #1 - Photo 1 of 1

5d+ ago

Downtown Indianapolis townhouse for rent in Indianapolis

2 beds

2 baths

$2,195

House for rent

Available Sep 20

Hinge Apartments - Photo 1 of 1

5d+ ago

8.5

Very good

Hinge Apartments

719 Virginia Ave, Indianapolis, IN 46203

In-unit laundry | Balcony | Assigned parking

1 bed

1 bath

$1,590

Apartment for rent

Shoemaker Flats - Photo 1 of 1

5d+ ago

8.5

Very good

Shoemaker Flats

133 W Market St, Indianapolis, IN 46204

In-unit laundry | Dishwasher | Microwave

2 beds

2 baths

$1,900

Apartment for rent

230 E 9th St - Photo 1 of 1

5d+ ago

Downtown Indianapolis apartment for rent in Indianapolis

230 E 9th St, Indianapolis, IN 46204

Furnished | On-site laundry | Hardwood floor

Studio

1 bath

$1,500

Apartment for rent

Available Sep 12

430 N Park Ave ##212 - Photo 1 of 1

5d+ ago

Downtown Indianapolis condo for rent in Indianapolis

Hardwood floor | Storage | Dishwasher

2 beds

2 baths

$2,600

$2,400

Price drop

Condo for rent

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430 N Park Ave Apt 504 - Photo 1 of 1

5d+ ago

Downtown Indianapolis apartment for rent in Indianapolis

Air conditioning | Garage parking | Balcony

1 bed

2 baths

$2,195

Apartment for rent

630 E New York St - Photo 1 of 1

5d+ ago

Downtown Indianapolis condo for rent in Indianapolis

630 E New York St, Indianapolis, IN 46202

In-unit laundry | Garage parking | On-site laundry

3 beds

2 baths

$2,250

$2,150

Price drop

Condo for rent

Available Jul 24

920 N College Ave - Photo 1 of 1

5d+ ago

Downtown Indianapolis townhouse for rent in Indianapolis

920 N College Ave, Indianapolis, IN 46202

In-unit laundry | On-site laundry | Hardwood floor

2 beds

1 bath

$2,000

$1,800

Price drop

House for rent

Available Aug 15

744 Lexington Ave - Photo 1 of 1

5d+ ago

Downtown Indianapolis house for rent in Indianapolis

Single Family Residence, Traditional - Indianapolis, IN

744 Lexington Ave, Indianapolis, IN 46203

In-unit laundry | Garage parking | Storage

2 beds

2 baths

$2,300

$2,199

Price drop

House for rent

512 Lockerbie Cir N - Photo 1 of 1

5d+ ago

Downtown Indianapolis townhouse for rent in Indianapolis

Single Family Residence, Traditional - Indianapolis, IN

512 Lockerbie Cir N, Indianapolis, IN 46202

In-unit laundry | Garage parking | Balcony

2 beds

1 bath

$2,900

House for rent

727 N Illinois St #101 - Photo 1 of 1

5d+ ago

Downtown Indianapolis condo for rent in Indianapolis

Condo in Downtown Indy!

727 N Illinois St #101, Indianapolis, IN 46204

In-unit laundry | Garage parking | On-site laundry

2 beds

2 baths

$2,900

$2,700

Price drop

Condo for rent

Available Aug 11

839 N Park Ave #A - Photo 1 of 1
Rent special
3D tour

5d+ ago

Downtown Indianapolis apartment for rent in Indianapolis

Newly Renovated Luxury Apartment in Chatham Arch

839 N Park Ave #A, Indianapolis, IN 46202

In-unit laundry

2 beds

1 bath

$1,790

Apartment for rent

Showing 1 - 49 of 77 results
Home > Apartments in Indianapolis > Downtown Indianapolis Apartments For Rent
Updated: September 23, 2025

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Learn more about renting in Downtown Indianapolis, Indianapolis, IN

Downtown Indianapolis, Indianapolis apartment availability

Downtown Indianapolis offers a very strong selection of rental listings, with an average of nearly 480 available each month. The majority of rentals are 1-bedroom and 2-bedroom apartments, with a smaller number of studios and 3-bedroom units. Many of these apartments offer popular amenities, including in-unit laundry, which is available in over 70% of rentals. Additionally, pet owners will find Downtown Indianapolis to be a welcoming neighborhood, with over 67% of apartments allowing pets, although some may have restrictions.

Downtown Indianapolis, Indianapolis rental market trends

Downtown Indianapolis saw a decline in rent prices over the past year, with an average monthly rent of $1,746, a 4.4% decrease from the previous year. Breaking it down by bedroom count, 1-bedrooms are averaging $1,530 per month, a 7.8% decrease, while 2-bedrooms are averaging $2,122, a 3.5% decrease. Studios, on the other hand, have seen a slight increase of 2.4%, with an average rent of $1,400.

The summer months tend to see higher demand and prices in Downtown Indianapolis, with June typically being the most expensive month. Rents in June are about 7.2% higher than in October, the month with the lowest average rent. If you're looking for a new apartment, October may be a good time to find a deal. Keep in mind that the rental market can be competitive, especially during the peak summer months.

Why Downtown Indianapolis, Indianapolis is a great place to live

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.

Methodology: How we got this data

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 2024 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.

Downtown Indianapolis Apartments for rent FAQ

What is the average rent for 1 bedroom apartments for rent in Downtown Indianapolis, IN?

The average rent for 1 bedroom apartments for rent in Downtown Indianapolis is $1599 per month. There are 30 1 bedroom apartments for rent in Downtown Indianapolis, IN.

What is the average rent for 2 bedroom apartments for rent in Downtown Indianapolis, IN?

The average rent for 2 bedroom apartments for rent in Downtown Indianapolis is $2329 per month. Currently, there are 34 2 bedroom apartments for rent in Downtown Indianapolis, IN.

What is the average rent for 3 bedroom apartments for rent in Downtown Indianapolis, IN?

The average rent for 3 bedroom apartments for rent in Downtown Indianapolis is $4695 per month. As of today, there are 6 3 bedroom apartments for rent in Downtown Indianapolis, IN.

How expensive is it to rent an apartment in Downtown Indianapolis, IN?

The average rent price in Downtown Indianapolis, IN for a 2 bedroom apartment is $2329 per month. Downtown Indianapolis average rent price is above the average national apartment rent price which is $1750 per month for a 2 bedroom apartment. Aside from rent price, the cost of living in Downtown Indianapolis is also important to know. Cost of living includes but is not limited to: groceries, gas, utilities, water, and electric.

What is the average size of an apartment in Downtown Indianapolis, IN?

The average size of a 1 bedroom apartment rental in Downtown Indianapolis is 707 square feet. The average size of a 2 bedroom apartment rental in Downtown Indianapolis is 1360 square feet. The average size of a 3 bedroom apartment rental in Downtown Indianapolis is 1696 square feet.

Can I afford an apartment for rent in Downtown Indianapolis, IN?

To help you better understand how much rent you can afford, check out Zumper's rent calculator. Our rent calculator can help you learn more about Downtown Indianapolis average rent prices.

What type of apartment rental is most common in Downtown Indianapolis, Indianapolis, IN?

1 bedroom apartments are the most common type of rentals in Downtown Indianapolis, Indianapolis, IN right now.

What type of apartment rental is least common in Downtown Indianapolis, Indianapolis, IN?

3 bedroom apartments are the least common type of rentals in Downtown Indianapolis, Indianapolis, IN right now.

Looking for apartments in Downtown Indianapolis, Indianapolis, IN near you?

🔑Available apartment rentals359
💰Best rent deal212 E 10th St #1
Popular amenities, ,
🧦In-unit laundry
🍽With dishwasher
🏠With photos