Bedroom count
Property type
Last updated on November 1, 2026
Average rent in
Downtown Indianapolis, Indianapolis, IN
Average rent in
Last updated on November 1, 2026
Bedroom count
Property type
Median rent
Median rent in Downtown Indianapolis
$1,800/mo
6%vs previous year
The average rent in Downtown Indianapolis is $1,800 per month as of October 2026. This is 5% below the national average rent, or $100 less per month.
average price per square foot
Total rentals
Available rentals in Downtown Indianapolis
79
for rent on Zumper.com as of October 2026
Rent price distribution
Share of Downtown Indianapolis rentals at each price point
Rent trends in Downtown Indianapolis, Indianapolis, IN
Average rent prices in Downtown Indianapolis have decreased by 1% over the last month and have decreased by 6% since last year.
Rent trends
Rent prices on this page are calculated on a rolling 30-day basis and updated daily.
Compare rent prices in
Downtown Indianapolis, Indianapolis, IN
Rent prices in Downtown Indianapolis vary by bedroom size, rental type, and neighborhood. The average rent for an apartment in Downtown Indianapolis is $1,752, whereas a house costs $2,330. 1-bedroom apartments in Downtown Indianapolis run $1,440 on average, while 2-bedroom apartments are $2,032.
Listings | ||||
|---|---|---|---|---|
Studio | $1,432 | 5% | 1% | |
1 bedroom | $1,431 | No Change | 9% | |
2 bedroom | $2,170 | No Change | 4% | |
3 bedroom | $2,824 | 2% | 15% | |
4 bedroom | $2,395 | 17% | 17% |
Listings | ||
|---|---|---|
Near Eastside | $1,199 | |
Near Northside | $1,550 | |
Near Northwest Riverside | $1,199 | |
Near Southeast | $1,195 | |
Near Westside | $1,225 | |
West Indianapolis | $925 |
Listings | ||||
|---|---|---|---|---|
Apartments | $1,752 | 2% | 5% | |
Condos | $2,400 |  4% | 4% | |
Houses | $2,330 | 4% | 6% | |
Rooms | $731 | 24% | - |
Studio
Average rent
$1,432
Last 30 days
5%
Last year
1%
1 bedroom
Average rent
$1,431
Last 30 days
No Change
Last year
9%
2 bedroom
Average rent
$2,170
Last 30 days
No Change
Last year
4%
3 bedroom
Average rent
$2,824
Last 30 days
2%
Last year
15%
4 bedroom
Average rent
$2,395
Last 30 days
17%
Last year
17%
Near Eastside
Average rent
$1,199
Near Northside
Average rent
$1,550
Near Northwest Riverside
Average rent
$1,199
Near Southeast
Average rent
$1,195
Near Westside
Average rent
$1,225
West Indianapolis
Average rent
$925
Apartments
Average rent
$1,752
Last 30 days
2%
Last year
5%
Condos
Average rent
$2,400
Last 30 days
4%
Last year
4%
Houses
Average rent
$2,330
Last 30 days
4%
Last year
6%
Rooms
Average rent
$731
Last 30 days
24%
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.
How does rent in Downtown Indianapolis, Indianapolis, IN compare to other neighborhoods?
Compare median rent prices in Downtown Indianapolis and Near Eastside by all bedroom counts and property types.
Downtown Indianapolis
5%lower than the national median
37%lower than the national median
Takeaway
The median rent for all rentals in Downtown Indianapolis, Indianapolis, IN is 50% higher than the median rent in Near Eastside, Indianapolis, IN.
Average rent in nearby neighborhoods
Explore rent trends in neighboring markets
Discover rentals in Downtown Indianapolis, Indianapolis, IN
1d ago
1022 Dr Martin Luther King Jr St, Indianapolis, IN 46202
Studio
1 bath
$675
Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.Apartment for rent
1d ago
212 E 10th St, Indianapolis, IN 46202
1 bed
1 bath
$900–$950
Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.Apartment for rent
5d+ ago
Downtown Indianapolis apartment for rent in Indianapolis
1 bed
1 bath
$900
Additional fees apply. The price shown reflects base rent. Based on information provided by the property, additional fees may apply, but no required monthly charges have been confirmed. See all fees for details.Apartment for rent
Available Jul 17
5d+ ago
920 N Alabama St, Indianapolis, IN 46202
1 bed
1 bath
$938–$1,145
Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.Apartment for rent
2d ago
Verified
423 E Michigan St, Indianapolis, IN 46204
Studio–3 beds
1–3 baths
$1,445–$4,853
Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.Apartment for rent
4d ago
530 Massachusetts Ave, Indianapolis, IN 46204
Studio–2 beds
1–2 baths
$1,190–$4,450
Additional fees apply. The price shown reflects base rent. Based on information provided by the property, additional fees may apply, but no required monthly charges have been confirmed. See all fees for details.Apartment for rent
1d ago
Verified
421 N Pennsylvania St, Indianapolis, IN 46204
1–2 beds
1–2 baths
$2,734–$4,134
Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.Apartment for rent
2d ago
Verified
530 Massachusetts Ave, Indianapolis, IN 46204
Studio–3 beds
1–2 baths
$1,425–$3,293
Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.Apartment for rent
21h ago
Verified
530 E Ohio St, Indianapolis, IN 46204
1–2 beds
1–2 baths
$1,486–$1,870
Total Monthly Price. The price shown reflects a 14-month lease and includes base rent and all known required monthly fees, based on information provided by the property.Apartment for rent
5d+ ago
Verified
3 beds
2.5 baths
$2,975
Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.House for rent
Available Nov 1
1d ago
Verified
421 N Pennsylvania St, Indianapolis, IN 46204
1–2 beds
1–2 baths
$2,734–$4,134
Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.Apartment for rent
1d ago
Verified
1 bed
1 bath
$2,336
Price dropped $154Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.Condo for rent
2d ago
Verified
50 N Illinois St, Indianapolis, IN 46204
1–5 beds
1–4 baths
$1,759–$9,975
Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.Apartment for rent
3d ago
Verified
520 E Washington St, Indianapolis, IN 46204
Studio–1 bed
1 bath
$1,345–$1,551
Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.Apartment for rent
5h ago
Verified
918 Fort Wayne Ave, Indianapolis, IN 46202
1–3 beds
1–3 baths
$1,350–$2,400
Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.Apartment for rent
2d ago
Verified
423 E Michigan St, Indianapolis, IN 46204
Studio–3 beds
1–3 baths
$1,445–$4,853
Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.Apartment for rent
21h ago
Verified
530 E Ohio St, Indianapolis, IN 46204
1–2 beds
1–2 baths
$1,486–$1,870
Total Monthly Price. The price shown reflects a 14-month lease and includes base rent and all known required monthly fees, based on information provided by the property.Apartment for rent
1d ago
Verified
1 bed
1 bath
$2,336
Price dropped $154Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.Condo for rent
1d ago
333 N Pennsylvania St, Indianapolis, IN 46204
1 bed
1 bath
$1,099–$2,080
Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.Apartment for rent
4d ago
929 Fayette St, Indianapolis, IN 46202
1 bed
1 bath
$1,150
Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.Apartment for rent
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Frequently asked questions for Downtown Indianapolis, Indianapolis, IN
Quick answers to common questions about the Downtown Indianapolis rental market.
How much is rent in Downtown Indianapolis?
The average rent in Downtown Indianapolis is $1,800 per month as of October 31, 2026.
Is rent up or down in Downtown Indianapolis?
Average rent prices in Downtown Indianapolis have decreased by 1% over the last month and have decreased by 6% since last year.
How does Downtown Indianapolis rent compare to the national average?
Rent in Downtown Indianapolis is 5% below the national average, which means renters are paying approximately $100 less per month.
What salary do I need to afford rent in Downtown Indianapolis?
To comfortably afford rent in Downtown Indianapolis, you'd need to earn approximately $72,000/year, based on spending no more than 30% of your income on rent.
Methodology
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).