How much is the average rent in Indianapolis, IN for 1-bedroom and 2-bedroom apartments?

Indianapolis rental prices in 2025 show one-bedroom apartments averaging around $1,100 per month, while two-bedroom units rent for around $1,300 monthly. These figures reflect the current market across Indiana's capital city, where two-bedroom apartments represent 29% of available inventory compared to 25% for one-bedroom units.

Are rents going up or down in Indianapolis, IN?

Rents in Indianapolis have experienced a slight decline in 2024, with a 2% decrease in average monthly rents. However, 2-bedroom apartments have seen a 4.5% increase.

When is the best time to look for an apartment in Indianapolis, IN?

January offers the lowest rental prices in Indianapolis, while July sees the highest rent with approximately 3.3% difference between peak and off-season pricing. November and December are the least competitive months with reduced demand, making winter moves potentially more budget-friendly than summer apartment hunting.

What are the best neighborhoods to rent an apartment in Indianapolis, IN?

College Park, Castleton, Keystone at The Crossing, and Downtown Indianapolis offer vibrant social scenes with strong walkability and frequent transit connections. These neighborhoods feature abundant restaurants, well-developed street infrastructure, and shared community spaces that foster neighborhood interaction and social opportunities throughout Indiana's capital.

What areas of Indianapolis, IN are best for budget-conscious renters?

Eastside leads affordable options at around $870 per month, followed by Irvington and West Indianapolis both at around $970 monthly. Eastside generates 18% more consumer interest than the market average, while other budget-friendly areas include Devington and Meadows, offering rents 15-20% below the city median.

Are there pet-friendly apartments in Indianapolis, IN?

Indianapolis welcomes pets with 59% of rental listings offering pet-friendly policies across the city. Bayswater, Southdale, and South Perry neighborhoods excel for pet owners, featuring pet-safe windows, dedicated pet spaces, outdoor areas, and convenient access to dog parks and pet waste stations.

Are utilities usually included in rent in Indianapolis, IN?

Utilities are rarely included in Indianapolis rental prices, appearing in less than 1% of available listings across all apartment types. One-bedroom apartments show the highest rate of utility inclusion at 0.04% of listings, while larger units like two-bedroom and three-bedroom apartments include utilities in only 0.01% of available properties.

Are most apartments in Indianapolis, IN largely older buildings or new developments?

Indianapolis rental properties are dominated by older architectural styles, with ranch-style homes from the post-World War II era comprising 39.5% of the market and bungalows from the early 1900s accounting for 31.7%. Contemporary architecture represents only 10.8% of available rentals, indicating the market favors established properties over new developments.

Luxury Apartments for Rent in Indianapolis, IN

1,100 rentals

5d+ ago

Verified

10301 Kensington Way, Indianapolis, IN 46234

Luxury

3 beds

3.5 baths

$3,110

$2,370

Price drop

House for rent

Available May 18

5d+ ago

Verified

9225 Concert Way, Indianapolis, IN 46231

Luxury | Walk-in closets | Garage parking

3 beds

2 baths

$2,265

House for rent

Available Jun 15

Top amenities

Ceiling Fan

Fireplace

On-Site Laundry

5d+ ago

Verified

8234 Gathering Cir, Indianapolis, IN 46259

Luxury | Walk-in closets | Garage parking

3 beds

2.5 baths

$2,335

House for rent

Available May 29

Top amenities

Garage Parking

Hardwood Floor

On-Site Laundry

The Hills Apartment Homes - Photo 1 of 1

Rent special

17h ago

9.6

Excellent

Verified

The Hills Apartment Homes

5500 Pleasant Hill Cir, Indianapolis, IN 46224

Luxury | Balcony | Air conditioning

1–2 beds

1 bath

$929–$1,599

Apartment for rent

Call

The Vineyards Apartment Homes - Photo 1 of 1

18h ago

9.6

Excellent

Verified

The Vineyards Apartment Homes

10101 Montery Rd, Indianapolis, IN 46235

Luxury | Balcony | Air conditioning

Studio–1 bed

1 bath

$819–$989

Apartment for rent

Top amenities

Dishwasher

Call

22h ago

9.7

Excellent

Verified

The Grove on 79th

2000 W 79th St, Indianapolis, IN 46260

Luxury | Balcony | In-unit laundry

1–2 beds

1–2 baths

$939–$1,289

Apartment for rent

Top amenities

In-Unit Laundry

Call

Nearby rental good for eco-living

$2,685

5910 Rahke Rd

Nearby rental good for pet owners

$1,095–$2,120

3200 Dr Andrew J Brown Ave

Rent special

1d ago

9.9

Excellent

Verified

The Grove on Harcourt

8002 Harcourt Rd, Indianapolis, IN 46260

Luxury | Air conditioning | Dishwasher

1–3 beds

1–2 baths

$1,009–$1,289

Apartment for rent

Call

The Lenox Apartment Homes - Photo 1 of 1

Rent special

1d ago

9.4

Excellent

Verified

The Lenox Apartment Homes

5421 Calder Way, Indianapolis, IN 46226

Luxury | Air conditioning | Dishwasher

1–2 beds

1–2 baths

$1,049–$1,139

Apartment for rent

Call

Rent an Airbnb‑friendly apartment.

Earn

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Learn more on Airbnb

2d ago

Verified

6006 Sycamore Forge Dr, Indianapolis, IN 46254

Luxury | Swimming pool | On-site laundry

3 beds

2.5 baths

$2,600

House for rent

Available Jul 8

Top amenities

On-Site Laundry

On-Site Management

Rent special

3d ago

Very good

Verified

3132 Dr. Andrew J Brown

3132 Dr Andrew J Brown Ave, Indianapolis, IN 46205

Luxury | Furnished

1–2 beds

1–2 baths

$2,100–$2,600

Apartment for rent

Find sweet deals in Indianapolis

These rentals are 10%-30% cheaper than the local average price for similar rentals.

$1,237–$1,399

1854 Century Way

$768–$1,045

3685 Saint Thomas Blvd

$896–$1,475

7601 Carlton Arms Dr

$819–$989

10101 Montery Rd

Rent special

3d ago

9.2

Excellent

Verified

75 W 18th Street

75 W 18th St, Indianapolis, IN 46202

Luxury | Furnished

1–2 beds

1–2 baths

$1,882–$2,302

Apartment for rent

5d+ ago

Verified

1613 Fletcher Avenue, Indianapolis, IN 46203

Luxury | In-unit laundry | Air conditioning

2 beds

1 bath

$2,149

House for rent

Available Jun 6

Top amenities

Air Conditioning

Ceiling Fan

Dishwasher

In-Unit Laundry

On-Site Laundry

Storage

5d+ ago

8.7

Very good

Verified

335 W 9th St

335 W 9th St, Indianapolis, IN 46202

Luxury | Furnished

Studio–2 beds

1–2 baths

$1,725–$2,659

Apartment for rent

Rent special

5d+ ago

8.7

Very good

Verified

9906 Runway Drive

9906 Runway Dr, Indianapolis, IN 46234

Luxury | Furnished

1–2 beds

1–2 baths

$1,946–$2,346

Apartment for rent

5d+ ago

Verified

8258 Morel Dr, Indianapolis, IN 46256

Luxury | Swimming pool | On-site laundry

4 beds

3.5 baths

$3,385

$2,995

Price drop

House for rent

Available May 11

Top amenities

On-Site Laundry

On-Site Management

5d+ ago

Verified

6367 Waterstone Dr, Indianapolis, IN 46268

Luxury | Swimming pool | On-site laundry

4 beds

3.5 baths

$3,455

$3,055

Price drop

House for rent

Available May 21

Top amenities

On-Site Laundry

On-Site Management

5d+ ago

Verified

4225 Tiana Cir, Indianapolis, IN 46239

Luxury | Balcony | Swimming pool

3 beds

2 baths

$2,465

$2,365

Price drop

House for rent

Available Jun 2

Top amenities

On-Site Laundry

On-Site Management

Storage

5d+ ago

Verified

5821 Birtz Rd, Indianapolis, IN 46216

Luxury | Swimming pool | On-site laundry

3 beds

2.5 baths

$2,575

House for rent

Available Jul 1

Top amenities

On-Site Laundry

On-Site Management

5d+ ago

Verified

7126 Parklake Pl, Indianapolis, IN 46217

Luxury | Swimming pool | On-site laundry

3 beds

2.5 baths

$2,360

House for rent

Available Jun 30

Top amenities

On-Site Laundry

On-Site Management

5d+ ago

Verified

4124 Oil Creek Dr, Indianapolis, IN 46268

Luxury | Balcony | Swimming pool

3 beds

2.5 baths

$2,520

House for rent

Available Jun 23

Top amenities

In-Unit Laundry

On-Site Laundry

On-Site Management

5d+ ago

Verified

8016 Grove Berry Way, Indianapolis, IN 46239

Luxury | Swimming pool | On-site laundry

3 beds

2.5 baths

$2,385

House for rent

Available Jun 23

Top amenities

On-Site Laundry

On-Site Management

5d+ ago

Verified

1643 Fletcher Avenue, Indianapolis, IN 46203

Luxury | Walk-in closets | In-unit laundry

3 beds

2 baths

$2,249

House for rent

Available Feb 28

Top amenities

Carpet

Ceiling Fan

Central Heat

In-Unit Laundry

5d+ ago

Verified

4107 Ash Lawn Rd, Indianapolis, IN 46234

Luxury | Swimming pool | On-site laundry

3 beds

2.5 baths

$2,480

House for rent

Available Jun 22

Top amenities

On-Site Laundry

On-Site Management

5d+ ago

Verified

9223 Timpani Way, Indianapolis, IN 46231

Luxury | Swimming pool | On-site laundry

3 beds

2.5 baths

$2,290

House for rent

Available Jun 22

Top amenities

On-Site Laundry

On-Site Management

5d+ ago

Verified

8636 Aylesworth Dr, Indianapolis, IN 46113

Luxury | Swimming pool | On-site laundry

3 beds

2.5 baths

$2,305

House for rent

Available May 4

Top amenities

On-Site Laundry

On-Site Management

5d+ ago

Verified

2418 East 16th Street, Indianapolis, IN 46201

Luxury | Balcony | In-unit laundry

2 beds

1.5 baths

$2,125

House for rent

Available Jun 7

Top amenities

Central Heat

Hardwood Floor

High Ceilings

In-Unit Laundry

Storage

5d+ ago

Verified

8051 Little River Ln, Indianapolis, IN 46239

Luxury | Swimming pool | On-site laundry

3 beds

2.5 baths

$2,245

House for rent

Available Jun 16

Top amenities

On-Site Laundry

On-Site Management

Storage

5d+ ago

Verified

17 North Randolph Street, Indianapolis, IN 46201

Luxury | Walk-in closets | In-unit laundry

3 beds

2 baths

$2,275

House for rent

Available May 16

Top amenities

Assigned Parking

Carpet

Central Heat

Dishwasher

In-Unit Laundry

On-Site Laundry

5d+ ago

Verified

10567 Secretariat Dr, Indianapolis, IN 46234

Luxury | Balcony | Swimming pool

3 beds

3 baths

$2,280

House for rent

Available Jun 11

Top amenities

On-Site Laundry

On-Site Management

11h ago

Verified

1121 Laurel St, Indianapolis, IN 46203

Luxury | Fitness center | In-unit laundry

2 beds

2 baths

$4,850

$3,837

Price drop

Apartment for rent

Top amenities

Air Conditioning

Assigned Parking

Fitness Center

Residents Lounge

Wi-Fi

11h ago

9.6

Excellent

Verified

8510 Westfield Boulevard

8510 Westfield Blvd, Indianapolis, IN 46240

Luxury | Roof deck | Swimming pool

2–4 beds

2 baths

$2,960–$5,407

Apartment for rent

Top amenities

Air Conditioning

Assigned Parking

Fitness Center

In-Unit Laundry

Swimming Pool

11h ago

Verified

272 Hoefgen St, Indianapolis, IN 46225

Luxury | In-unit laundry | Furnished

2 beds

1 bath

$2,386

$2,147

Price drop

Apartment for rent

Top amenities

Assigned Parking

In-Unit Laundry

On-Site Management

Oven

Wi-Fi

11h ago

Verified

337 Sanders St, Indianapolis, IN 46225

Luxury | In-unit laundry | Furnished

3 beds

2 baths

$4,654

$4,154

Price drop

Apartment for rent

Top amenities

Air Conditioning

Dishwasher

Furnished

In-Unit Laundry

Oven

Wi-Fi

11h ago

Verified

6105 N Rural St, Indianapolis, IN 46220

Luxury | Swimming pool | Fitness center

2 beds

2 baths

$4,374

Apartment for rent

Top amenities

Business Center

Dishwasher

Fitness Center

Furnished

Swimming Pool

11h ago

Verified

2834 Washington Blvd, Indianapolis, IN 46205

Luxury | In-unit laundry | Furnished

3 beds

2 baths

$4,451

$4,061

Price drop

Apartment for rent

Top amenities

Central Heat

Dishwasher

Furnished

In-Unit Laundry

Wi-Fi

11h ago

Verified

5144 Primrose Ave, Indianapolis, IN 46205

Luxury | Balcony | Furnished

2 beds

1 bath

$4,661

Apartment for rent

Top amenities

Assigned Parking

Furnished

Oven

Residents Lounge

Wi-Fi

11h ago

Verified

844 Camp St, Indianapolis, IN 46202

Luxury | In-unit laundry | Furnished

2 beds

2 baths

$3,554

Apartment for rent

Top amenities

Central Heat

Dishwasher

Furnished

In-Unit Laundry

Wi-Fi

5d+ ago

Verified

Luxury | Walk-in closets | In-unit laundry

1 bed

1 bath

$1,265

Apartment for rent

Available Jul 7

Top amenities

Air Conditioning

Carpet

Controlled Access

In-Unit Laundry

Package Service

Storage

Highly rated

Rent special

28m ago

8.8

Very good

LINDEN SQUARE

1070 Cobblestone Dr, Indianapolis, IN 46234

Luxury | Balcony | Walk-in closets

1–3 beds

1–2 baths

$1,275–$2,097

Apartment for rent

Top amenities

Fitness Center

Garage Parking

In-Unit Laundry

On-Site Management

Residents Lounge

Storage

Airbnb-friendly

3D tour

1h ago

8.8

Very good

Avery Point Apartments

8525 Laurel Valley Dr, Indianapolis, IN 46250

Luxury | Balcony | Walk-in closets

1–2 beds

1–2 baths

$1,099–$2,654

Price drop

Apartment for rent

Available May 12

Top amenities

Concierge Service

Dishwasher

In-Unit Laundry

On-Site Laundry

Storage

Swimming Pool

Call

2h ago

9.4

Excellent

Encore Apartments, LLC

8035 Preidt Pl, Indianapolis, IN 46237

Luxury | On-site management

1–2 beds

1 bath

$1,100–$1,235

Apartment for rent

Top amenities

On-Site Management

Rent special

2h ago

Excellent

VITRA Apartments

8785 Keystone Xing, Indianapolis, IN 46240

Luxury | Swimming pool | Fitness center

1–2 beds

1–2 baths

$1,319–$2,450

Apartment for rent

Top amenities

Assigned Parking

Elevator

Fitness Center

On-Site Management

Package Service

Residents Lounge

2h ago

Excellent

337 W32

337 W 32nd St, Indianapolis, IN 46208

Luxury | On-site laundry

1 bed

1 bath

$1,190

Apartment for rent

Top amenities

On-Site Laundry

Highly rated

Rent special

6h ago

8.5

Very good

Alpine Studios

5818 Flight School Dr, Indianapolis, IN 46221

Luxury | In-unit laundry

Studio–2 beds

1–2 baths

$1,015–$1,478

Apartment for rent

Top amenities

In-Unit Laundry

The George Apartment Homes - Photo 1 of 1

6h ago

8.5

Very good

The George Apartment Homes

5810 Sebring Dr, Indianapolis, IN 46254

Luxury | Swimming pool | On-site laundry

1–2 beds

1 bath

$949–$1,499

Apartment for rent

Top amenities

Dishwasher

On-Site Laundry

On-Site Management

Swimming Pool

7h ago

9.2

Excellent

Stadium Lofts

1510 Stadium Way, Indianapolis, IN 46202

Luxury | Fitness center | In-unit laundry

1–2 beds

1 bath

$1,164–$1,462

Apartment for rent

Top amenities

Fitness Center

In-Unit Laundry

Microwave

Residents Lounge

10h ago

8.8

Very good

34 Tuxedo

34 S Tuxedo St, Indianapolis, IN 46201

Luxury | Air conditioning | On-site laundry

1 bed

1 bath

$975–$1,060

Apartment for rent

Top amenities

On-Site Laundry

Highly rated

13h ago

8.5

Very good

Willow Lake Apartments

2810 Willow Lake Dr, Indianapolis, IN 46268

Luxury | Roof deck | Swimming pool

1–2 beds

1–2 baths

$1,470–$2,125

Apartment for rent

Top amenities

Ceiling Fan

Fireplace

Garage Parking

Hardwood Floor

In-Unit Laundry

Swimming Pool

Rent special

13h ago

8.7

Very good

CityView on Meridian

3801 N Meridian St, Indianapolis, IN 46208

Luxury | Swimming pool | Fitness center

1–3 beds

1–2 baths

$999–$2,367

Price drop

Apartment for rent

Top amenities

Dishwasher

Garage Parking

On-Site Management

Package Service

Residents Lounge

Storage

The Otis at Fort Ben Apartments - Photo 1 of 1

Highly rated

Rent special

17h ago

8.5

Very good

The Otis at Fort Ben Apartments

9310 Otis Ave, Indianapolis, IN 46216

Luxury | Balcony | Roof deck

1–3 beds

1–2 baths

$1,199–$2,240

Price drop

Apartment for rent

Top amenities

Central Heat

EV Charging

Garage Parking

On-Site Management

Residents Lounge

Roof Deck

Showing 1 - 50 of 410 results

Home > Apartments in Indianapolis > Indianapolis Luxury Apartments For Rent

Updated: May 12, 2026

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