Bedroom count

Property type

Last updated on March 19, 2026

Average rent in
Downtown Indianapolis, Indianapolis, IN

Last updated on March 19, 2026

Last updated on March 19, 2026

Bedroom count

Property type

As of March 2026, the median rent for all bedroom counts and property types in Downtown Indianapolis, Indianapolis, IN is $1,942. This is +2%, or $41, higher than the national average.

$2.04

average price per square foot

Median rent

$1,942

increased by15%
over the previous yearvs previous year

Total rentals

68

for rent on Zumper.com

As of March 2026, the median rent for all bedroom counts and property types in Downtown Indianapolis, Indianapolis, IN is $1,942. This is +2%, or $41, higher than the national average.

$2.04

average price per square foot

Rent ranges

0%
26%
36%
21%
17%
$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 15% 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 $1,900. A 1-bedroom apartment in Downtown Indianapolis, Indianapolis, IN costs about $1,661 on average, while a 2-bedroom apartment is $2,305. Houses for rent in Downtown Indianapolis, Indianapolis, IN are cheaper, with an average monthly cost of $1,447.

Comparables

1 bedroom

$1,646

1%

9%

2 bedroom

$2,305

1%

11%

3 bedroom

$2,025

1%

4%

4 bedroom

$1,295

6%

74%

Studio

$1,491

2%

31%

Studio

Average rent

$1,491

Last 30 days

2%

Last year

31%

1 bedroom

Average rent

$1,646

Last 30 days

1%

Last year

9%

2 bedroom

Average rent

$2,305

Last 30 days

1%

Last year

11%

3 bedroom

Average rent

$2,025

Last 30 days

1%

Last year

4%

4 bedroom

Average rent

$1,295

Last 30 days

6%

Last year

74%

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$1,942
increased by2%

higher than the national median

Median rent price$1,250
decreased by34%

lower than the national median

Takeaway

The median rent for all rentals in Downtown Indianapolis, Indianapolis, IN is 55% 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

$1,250

increased by12%

Last year

Near Northside

$1,367

decreased by3%

Last year

Near Northwest Riverside

$1,186

increased by15%

Last year

Near Southeast

$1,200

increased by14%

Last year

Near Westside

$1,277

increased by26%

Last year

West Indianapolis

$997

increased by5%

Last year

Apartments for rent in Anderson

Discover rentals in Downtown Indianapolis, Indianapolis, IN

430 Massachusetts Ave - Photo 1 of 1

5d+ ago

Downtown Indianapolis apartment for rent in Indianapolis

2 beds

1 bath

$846

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Devonshire Apartments in Downtown Indianapolis - Photo 1 of 1

1d ago

7.3

Very good

Devonshire Apartments in Downtown Indianapolis

412 N Alabama St, Indianapolis, IN 46204

1 bed

1 bath

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1 bed

1 bath

$911

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212 East 10th Street - Photo 1 of 1

4d ago

8.2

Very good

212 East 10th Street

212 E 10th St, Indianapolis, IN 46202

1 bed

1 bath

$950

Apartment for rent

830 N Alabama St #7 - Photo 1 of 1

5d+ ago

Downtown Indianapolis apartment for rent in Indianapolis

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241 E 9th St #8 - Photo 1 of 1

5d+ ago

Downtown Indianapolis apartment for rent in Indianapolis

1 bed

1 bath

$1,000

Apartment for rent

Available Mar 4

406 N Delaware St #311 - Photo 1 of 1

5d+ ago

Downtown Indianapolis apartment for rent in Indianapolis

Apartment for rent

Available Mar 2

Maxwell Apartments - Photo 1 of 1
3D tour

7h ago

9.3

Excellent

Our team has verified this company

Verified

Maxwell Apartments

530 E Ohio St, Indianapolis, IN 46204

1–2 beds

1–2 baths

$1,001–$1,673

Apartment for rent

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