Bedroom count

Property type

Last updated on November 4, 2025

Average rent in
Downtown Indianapolis, Indianapolis, IN

Last updated on November 4, 2025

Last updated on November 4, 2025

Bedroom count

Property type

As of November 2025, the median rent for all bedroom counts and property types in Downtown Indianapolis, Indianapolis, IN is $1,909. This is -1%, or $28, lower than the national average.

$2.03

average price per square foot

Median rent

$1,909

increased by17%
over the previous yearvs previous year

Total rentals

84

for rent on Zumper.com

As of November 2025, the median rent for all bedroom counts and property types in Downtown Indianapolis, Indianapolis, IN is $1,909. This is -1%, or $28, lower than the national average.

$2.03

average price per square foot

Rent ranges

1%
31%
35%
21%
12%
$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 increased by 1% in the last month and have increased by 17% 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 $1,840. A 1-bedroom apartment in Downtown Indianapolis, Indianapolis, IN costs about $1,555 on average, while a 2-bedroom apartment is $2,190. Houses for rent in Downtown Indianapolis, Indianapolis, IN are more expensive, with an average monthly cost of $2,199.

Comparables

1 bedroom

$1,578

No Change

12%

2 bedroom

$2,250

1%

15%

3 bedroom

$2,000

1%

1%

4 bedroom

$1,250

8%

77%

Studio

$1,442

2%

11%

Studio

Average rent

$1,442

Last 30 days

2%

Last year

11%

1 bedroom

Average rent

$1,578

Last 30 days

No Change

Last year

12%

2 bedroom

Average rent

$2,250

Last 30 days

1%

Last year

15%

3 bedroom

Average rent

$2,000

Last 30 days

1%

Last year

1%

4 bedroom

Average rent

$1,250

Last 30 days

8%

Last year

77%

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$1,909
decreased by1%

lower than the national median

Median rent price$1,125
decreased by42%

lower than the national median

Takeaway

The median rent for all rentals in Downtown Indianapolis, Indianapolis, IN is 70% 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

$1,125

increased by3%

Last year

Near Northside

$1,495

increased by3%

Last year

Near Northwest Riverside

$1,199

increased by13%

Last year

Near Southeast

$1,097

increased by10%

Last year

Near Westside

$1,297

increased by15%

Last year

West Indianapolis

$1,000

increased by7%

Last year

Apartments for rent in Anderson

Discover rentals in Downtown Indianapolis, Indianapolis, IN

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5d+ ago

7.3

Very good

Devonshire Apartments in Downtown Indianapolis

412 N Alabama St, Indianapolis, IN 46204

1 bed

1 bath

$890–$990

Apartment for rent

212 E 10th St #6 - Photo 1 of 1

5d+ ago

Our team has verified this company

Verified

212 E 10th St #6, Indianapolis, IN 46202

Studio

1 bath

$900

Apartment for rent

Available Nov 1

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4d 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

3d 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