Bedroom count

Property type

Last updated on December 19, 2025

Average rent in
Downtown Indianapolis, Indianapolis, IN

Last updated on December 19, 2025

Last updated on December 19, 2025

Bedroom count

Property type

As of December 2025, the median rent for all bedroom counts and property types in Downtown Indianapolis, Indianapolis, IN is $1,830. This is -4%, or $70, lower than the national average.

$1.91

average price per square foot

Median rent

$1,830

increased by10%
over the previous yearvs previous year

Total rentals

63

for rent on Zumper.com

As of December 2025, the median rent for all bedroom counts and property types in Downtown Indianapolis, Indianapolis, IN is $1,830. This is -4%, or $70, lower than the national average.

$1.91

average price per square foot

Rent ranges

0%
30%
40%
19%
10%
$0-$750$0 - $750
$751-$1,500$751 - $1,500
$1,501-$2,250$1,501 - $2,250
$2,251-$3,000$2,251 - $3,000
$3,001+$3,001+

Households

77%
23%
Renter-occupied
Owner-occupied

Median rent and rent ranges are based on Zumper inventory in the last 30 days. Household data are provided by the US Census Bureau.

Rent price trends in
Downtown Indianapolis, Indianapolis, IN

Rent price trends

Rent prices for all bedroom counts and property types in Downtown Indianapolis, Indianapolis, IN have decreased by 1% in the last month and have increased by 10% in the last year.

Rent prices on this page are calculated on a rolling 30-day basis and updated daily.

Rent comparables in
Downtown Indianapolis, Indianapolis, IN

The monthly rent for an apartment in Downtown Indianapolis, Indianapolis, IN is $1,803. A 1-bedroom apartment in Downtown Indianapolis, Indianapolis, IN costs about $1,646 on average, while a 2-bedroom apartment is $2,136. Houses for rent in Downtown Indianapolis, Indianapolis, IN are more expensive, with an average monthly cost of $1,997.

Comparables

1 bedroom

$1,640

1%

9%

2 bedroom

$2,155

1%

10%

3 bedroom

$2,136

7%

8%

4 bedroom

$1,700

16%

82%

Studio

$1,445

1%

7%

Studio

Average rent

$1,445

Last 30 days

1%

Last year

7%

1 bedroom

Average rent

$1,640

Last 30 days

1%

Last year

9%

2 bedroom

Average rent

$2,155

Last 30 days

1%

Last year

10%

3 bedroom

Average rent

$2,136

Last 30 days

7%

Last year

8%

4 bedroom

Average rent

$1,700

Last 30 days

16%

Last year

82%

The table above reflects average rent prices in Downtown Indianapolis, Indianapolis, IN, broken down by the number of bedrooms, neighborhoods, and property types. The availability of data for each category is dependent on market inventory and will adjust depending on your selected filters.

Compare rent prices in Downtown Indianapolis, Indianapolis, IN to other neighborhoods

Median rent prices in Downtown Indianapolis, Indianapolis, IN for all bedroom counts and property types compared to Near Eastside, Indianapolis, IN.

Downtown Indianapolis

Median rent price$1,830
decreased by4%

lower than the national median

Median rent price$1,200
decreased by37%

lower than the national median

Takeaway

The median rent for all rentals in Downtown Indianapolis, Indianapolis, IN is 53% higher than the median rent in Near Eastside, Indianapolis, IN.

More data insights and reports

View the National Rent Report

National Rent Report

View the Canadian Rent Report

Canadian Rent Report

View the Annual Rent Report

Annual Rent Report

Are you interested in licensing our current and historical rental real estate data, or do you have custom data requests? Contact datalicensing@zumper.com.

Average rent in
Nearby neighborhoods

Explore rent trends in other markets

Near Eastside

$1,200

increased by9%

Last year

Near Northside

$1,395

decreased by6%

Last year

Near Northwest Riverside

$1,172

increased by10%

Last year

Near Southeast

$1,095

increased by8%

Last year

Near Westside

$1,299

increased by26%

Last year

West Indianapolis

$1,025

increased by6%

Last year

Apartments for rent in Anderson

Discover rentals in Downtown Indianapolis, Indianapolis, IN

708 E 11th St #8 - Photo 1 of 1

5d+ ago

Downtown Indianapolis apartment for rent in Indianapolis

708 E 11th St #8, Indianapolis, IN 46202

1 bed

1 bath

$795

Apartment for rent

Available Apr 3

37 W Saint Clair St - Photo 1 of 1

5d+ ago

Downtown Indianapolis apartment for rent in Indianapolis

Apartment for rent

Available Oct 14

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

9h ago

8.2

Very good

The Seminole Apartments a 55 and over community

920 N Alabama St, Indianapolis, IN 46202

1 bed

1 bath

$938–$1,145

Apartment for rent

Christian Place Apartments - Photo 1 of 1

5d+ ago

7.5

Very good

Christian Place Apartments

824 N Alabama St, Indianapolis, IN 46204

1 bed

1 bath

$950–$1,025

Apartment for rent

Devonshire Apartments in Downtown Indianapolis - Photo 1 of 1

5d+ ago

7.3

Very good

Devonshire Apartments in Downtown Indianapolis

412 North Alabama Street, Indianapolis, IN 46204

1 bed

1 bath

$990

Apartment for rent

Mozzo apartments - Photo 1 of 1

1d ago

8.3

Very good

Mozzo apartments

531 Virginia Ave, Indianapolis, IN 46203

Studio–2 beds

1–2 baths

$999–$1,699

Apartment for rent

550 Fletcher Ave - Photo 1 of 1
3D tour

1h ago

8.5

Very good

550 Fletcher Ave

550 Fletcher Avenue, Indianapolis, IN 46203

1–2 beds

1 bath

$1,025–$1,249

Apartment for rent

522 Fletcher Ave - Photo 1 of 1

3d ago

9

Excellent

522 Fletcher Ave

522 Fletcher Ave, Indianapolis, IN 46203

1 bed

1 bath

$1,025

Apartment for rent