Bedroom count
Property type
Last updated on September 16, 2026
Last updated on September 16, 2026
Bedroom count
Property type
Median rent in Downtown Indianapolis
$1,824/mo
vs previous year
The average rent in Downtown Indianapolis is $1,824 per month as of September 2026. This is 4% below the national average rent, or $75 less per month.
average price per square foot
Available rentals in Downtown Indianapolis
75
for rent on Zumper.com as of September 2026
Share of Downtown Indianapolis rentals at each price point
Average rent prices in Downtown Indianapolis have decreased by 1% over the last month and have decreased by 3% since last year.
Rent prices on this page are calculated on a rolling 30-day basis and updated daily.
Rent prices in Downtown Indianapolis vary by bedroom size, rental type, and neighborhood. The average rent for an apartment in Downtown Indianapolis is $1,790, whereas a house costs $2,249. 1-bedroom apartments in Downtown Indianapolis run $1,540 on average, while 2-bedroom apartments are $2,294.
Listings | ||||
|---|---|---|---|---|
Studio | $1,521 | No Change | 5% | |
1 bedroom | $1,508 | 2% | 8% | |
2 bedroom | $2,290 | 3% | 4% | |
3 bedroom | $2,961 | 5% | 13% | |
4 bedroom | $2,295 | 10% | 36% |
Listings | ||
|---|---|---|
Near Eastside | $1,200 | |
Near Northside | $1,467 | |
Near Northwest Riverside | $1,195 | |
Near Southeast | $1,200 | |
Near Westside | $1,229 | |
West Indianapolis | $912 |
Listings | ||||
|---|---|---|---|---|
Apartments | $1,790 | 1% | No Change | |
Condos | $2,299 | 1% | No Change | |
Houses | $2,249 | 14% | No Change | |
Rooms | $628 | 6% | - |
Studio
Average rent
$1,521
Last 30 days
No Change
Last year
5%
1 bedroom
Average rent
$1,508
Last 30 days
2%
Last year
8%
2 bedroom
Average rent
$2,290
Last 30 days
3%
Last year
4%
3 bedroom
Average rent
$2,961
Last 30 days
5%
Last year
13%
4 bedroom
Average rent
$2,295
Last 30 days
10%
Last year
36%
Near Eastside
Average rent
$1,200
Near Northside
Average rent
$1,467
Near Northwest Riverside
Average rent
$1,195
Near Southeast
Average rent
$1,200
Near Westside
Average rent
$1,229
West Indianapolis
Average rent
$912
Apartments
Average rent
$1,790
Last 30 days
1%
Condos
Average rent
$2,299
Last 30 days
1%
Houses
Average rent
$2,249
Last 30 days
14%
Rooms
Average rent
$628
Last 30 days
6%
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 median rent prices in Downtown Indianapolis and Near Eastside by all bedroom counts and property types.
Downtown Indianapolis
lower than the national median
lower than the national median
Takeaway
The median rent for all rentals in Downtown Indianapolis, Indianapolis, IN is 52% higher than the median rent in Near Eastside, Indianapolis, IN.
Explore rent trends in neighboring markets
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Quick answers to common questions about the Downtown Indianapolis rental market.
The average rent in Downtown Indianapolis is $1,824 per month as of September 12, 2026.
Average rent prices in Downtown Indianapolis have decreased by 1% over the last month and have decreased by 3% since last year.
Rent in Downtown Indianapolis is 4% below the national average, which means renters are paying approximately $75 less per month.
To comfortably afford rent in Downtown Indianapolis, you'd need to earn approximately $73,000/year, based on spending no more than 30% of your income on rent.
Rent prices are based on Zumper's rental listings from the past 30 days. Median rent is calculated across all available listings and property types on the platform. If you filter the page by bedroom count or property type, the pricing throughout the page will update automatically to reflect that segment of the rental market.
Household and population data come from the U.S. Census Bureau. Cost-of-living data is sourced from the Council for Community and Economic Research's Cost of Living Index (COLI).