Rental GuideIndianapolis, IN

Indianapolis rent data for:

Apartments for rent

Average Rent

$1,395

Year Over Year Change

$42

Rentals available, last 30 days

1,687

Rent ranges for Indianapolis apartments

$3,001 - $3,001

$2,251 - $3,000

$1,501 - $2,250

$751 - $1,500

$0 - $750

$3,001 - $3,001

$2,251 - $3,000

$1,501 - $2,250

33%

$751 - $1,500

52%

$0 - $750

33%

52%

How has rent in Indianapolis, IN changed in the last two years?

The average rent in Indianapolis, IN, for rentals of all sizes and types, is $1,395, which is a 2.89% increase year-over-year.

The monthly rent for 1-bedroom apartments in Indianapolis, IN is about $1,049. The average rent for 2-bedroom apartments in Indianapolis, IN is $1,291, and studios are about $1,049 per month.

See more Indianapolis, IN rent data on our rent research page.

What are the K-12 schools in Indianapolis, IN?

schools

22,027

students

About Niche: Niche compiles and analyzes the latest data from public sources like the US Census Bureau and the Department of Education to generate rankings for schools and neighborhoods across the US.

Disclaimer: School ratings from Niche are intended for informational purposes only. Check with the nearby schools to verify eligibility and zoning criteria before using this data to decide on your next home.

Showing 1 - 5 of 45 results

What are some of the top neighborhoods in Indianapolis, IN?

Downtown Indianapolis

Downtown Indianapolis is buzzing with energy and vibrancy, making it a fantastic place to live. It's not just the business epicenter of the city; it’s also teeming with life, thanks to yearly festivals and art events that bring the community together. Imagine stepping out of your door and easily reaching a variety of exciting dining options or enjoying a captivating performance at a local venue — all within walking distance! The Cultural Trail invites you to explore on foot or bike, connecting you to art and green spaces throughout the area. Living here, you’ll find that everything you need—work, entertainment, and leisure—is just a short stroll away, creating a wonderfully active urban lifestyle.

Castleton

Castleton is a vibrant suburban haven that truly embodies the spirit of Indianapolis. It's known for being a go-to spot for shopping enthusiasts, with an impressive mall that offers everything from trendy boutiques to major retailers. This lively area is perfect for anyone who enjoys a mix of leisure and convenience. Beyond the shopping, Castleton has a diverse array of dining experiences that cater to all tastes, whether you're in the mood for a laid-back bite or something a bit more upscale. With its welcoming atmosphere and diverse activities, Castleton makes for a fantastic place to call home, where you can easily immerse yourself in the local community and enjoy everything it has to offer.

Broad Ripple Village

Broad Ripple Village pulses with energy and creativity, making it a great place to settle down if you enjoy an active lifestyle. Highlights of the neighborhood include an array of vibrant eateries and eclectic boutiques that reflect the artistic spirit of the community. The nightlife scene is fantastic, offering something for everyone, whether you’re in the mood for a cozy gathering or a night out on the town. Outdoor enthusiasts will love the nearby Monon Trail, perfect for walking, running, or cycling. Broad Ripple truly embodies a youthful vibe, where there’s always something fun happening around every corner!

Fountain Square

Fountain Square is a vibrant artistic hub in Indianapolis that truly brings life to the city’s cultural scene. Walking through the neighborhood, you’ll discover an array of contemporary art galleries showcasing local talent. It’s a place where creativity flourishes, giving you plenty to explore. Vintage and antique shops line the streets, offering unique finds that reflect the area’s rich history. You'll find a diverse array of dining options to satisfy any craving, whether you're in the mood for something bold and spicy or a comforting classic. Fountain Square's lively atmosphere fosters a strong sense of community, making it an inviting place to call home. You’ll love the energy here!

Crooked Creek

Living in Crooked Creek is like finding a comfortable haven within the bustle of Indianapolis. This delightful neighborhood offers a lovely blend of tranquility and convenience, perfect for those who appreciate the outdoors and community spirit. Eagle Creek Park is just around the corner, providing vast green spaces, trails, and serene waters for weekend adventures or peaceful afternoon strolls. You'll find a great mix of local events, like a vibrant farmer’s market, bringing neighbors together and offering fresh produce. Plus, with a variety of dining and entertainment options nearby, you’ll never run out of things to enjoy. Crooked Creek truly feels like a special corner of the city where you can relax and recharge.

Mapleton - Fall Creek

Mapleton & Fall Creek in Indianapolis has a vibrant energy that’s hard to miss! As an area rich in history, it now features an exciting blend of old and new, making it a delightful place for young professionals looking to create a home. The community is transforming, with a mix of modern amenities and vintage charm that offers plenty of rental options. Living here means you’re just a short ride away from downtown, making commuting a breeze. You’ll find lovely tree-lined streets perfect for evening strolls and a friendly vibe that makes meeting neighbors easy. Whether you're hosting friends or enjoying quiet moments, it’s a neighborhood that truly feels alive.

White River

If you're looking for a slice of tranquility right within the urban pulse of Indianapolis, White River is the place for you! This neighborhood is a haven for nature lovers, with sprawling green spaces and the picturesque White River State Park as a centerpiece. Imagine taking leisurely strolls or biking along scenic paths that wind through lush landscapes. You’ll also find the Indianapolis Zoo nearby, offering wonderful opportunities to connect with wildlife. Golf enthusiasts will appreciate the multiple golf courses scattered throughout the area, perfect for a day on the greens. With its peaceful vibe and outdoor activities, White River is a delightful escape while still being close to city life.

Who lives in Indianapolis, IN?

Gender

49% Male

51% Female

Age Range

0-19

27%

20-34

24%

35-44

13%

45-64

24%

65+

10%

Language

English

87%

Spanish

Indo Euro

Asia Pac

Other

Education

No HS

High School

46%

Bachelor's

29%

Master's

10%

Prof Degree

Doctorate

What is the household breakdown in Indianapolis, IN?

Families

23% Families

77% Single

Property

44% Renters

56% Owners

Household Income

0-25k

29%

25-50k

27%

50-75k

17%

75-100k

10%

100-150k

150k+

How do residents get around Indianapolis, IN?

Residents or visitors looking to take public transit can hop on a bus run by IndyGo to navigate Indianapolis and nearby areas. The best way to fly in or out of Indianapolis is through Indianapolis International Airport, 9.22 miles away.

Walking

5/10

Some shops and stores are within a few minutes.

Cycling

5/10

More spots are within biking distance and some roads are cyclist-friendly.

Driving

9/10

Commuting is easy with multiple accessible routes and plenty of parking.

Transit

3/10

There are a few mass transit options within the area.

Scores for Indianapolis are calculated based on the proximity to and amount of infrastructure supporting each method of transportation.

Satisfaction survey results for Indianapolis, IN

We surveyed 10,000 renters across the country about what it's like living in their cities and neighborhoods. In Indianapolis, 39% of residents reported feeling satisfied or very satisfied with the city overall, which is lower than the national average of 60%.

Top Three Reasons to Live in Indianapolis

Pet friendly

65%Satisfaction rating

Parks & recreation

64%Satisfaction rating

Job market

49%Satisfaction rating

Other Things to Consider

Nightlife

Affordable housing

Quality schools

Public transportation

Dating scene

Weather

Cost of living

Nightlife

44%

Affordable housing

43%

Quality schools

43%

Public transportation

33%

Dating scene

26%

Weather

21%

Cost of living

10%

44%

43%

33%

26%

21%

10%

Data last updated in 2024. Do you live here? Take our survey and share your experience.

How we got this data

What is the cost of living in Indianapolis, IN?

The overall cost of living in Indianapolis, IN is 11% lower than the national average, according to the Cost of Living Index published by the Council for Community and Economic Research. This is calculated by comparing several expenses, including food and basic necessities like energy and healthcare. When it comes to comparing these expenses to the rest of the country, in Indianapolis you can expect groceries to cost less than the national average, and healthcare to cost less. Eggs run about $3.40 per carton, and milk $4.67. Regarding healthcare costs, a doctor’s visit could amount to $112.66 on average—but this will likely vary depending on several factors, including insurance and medical specialty.

CATEGORY	AVERAGE COST COMPARED TO NATIONAL AVERAGE
Goods & Services	7% lower
Groceries	2% lower
Utilities	12% lower
Transportation	2% lower
Health	13% lower

CATEGORY

Goods & Services