
Apartments for Rent in the Downtown Indianapolis Neighborhood of Indianapolis, IN Under $1,200 (94 Rentals)


Stadium Lofts & Flats

Canal Square

Wesmont

River West Flats

Artistry Indy

Vanguard at 16 Tech

Riley Towers

Ralston Apartments

The Avenue
Know Your Rights - How Discrimination Laws Impact Landlords and Tenants
Read our practical guide to landlord and tenant rights. Understand protected classes, reasonable accommodations, and legal exceptions to prevent housing discrimination.

Edge 35

Maryden on Central

Kennedy Apartments

Maple Creek Village

Lofts on Madison

Riverview

Circle City Apartments

Lockefield Gardens

Devonshire Apartments in Downtown Indianapolis
Downtown Indianapolis - One of the Best Affordable Neighborhoods in Indianapolis
Named as one of the Best Affordable Neighborhoods to rent in Indianapolis by our Local Expert Wendy Melton. See how it ranks!

Maxwell Apartments

Vivio on 10th

The Sheldrake Apartments

Drake Street Garden Homes

946 MLK

Utomin Apartments

Traymore Apartments

The Whitaker

The Washington

College Manor

Temple Lofts

Christian Place Apartments

St. Agnes Apartments

Indy Colonial Apartments

Priscilla on Pennsylvania

Dunbar Court

Indy Flats

1326 Medford Ave

2043 N Talbott St

642 Arbor Ave

1322 Medford Ave

1134 Blaine Ave

281 N Warman Ave

1043 N Holmes Ave
Downtown Indianapolis, Indianapolis, IN Local Guide

How much does it cost to rent an apartment in Downtown Indianapolis?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Downtown Indianapolis Studio Apartments | $1,314 | $585 | $3,650 |
Downtown Indianapolis 1 Bedroom Apartments | $1,562 | $335 | $4,292 |
Downtown Indianapolis 2 Bedroom Apartments | $2,112 | $700 | $9,991 |
Downtown Indianapolis 3 Bedroom Apartments | $2,465 | $930 | $6,700 |
Downtown Indianapolis 4 Bedroom Apartments | $1,378 | $700 | $2,800 |
Browse Apartments in this Neighborhood
There are currently 94 rentals with your search options within a 2 mile radius of the Downtown Indianapolis Neighborhood of Indianapolis, IN.
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Downtown Indianapolis, Indianapolis, IN Local Guide
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Quick Rent Budget Calculator
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Frequently Asked Questions about Downtown Indianapolis
How much are Studio apartments in Downtown Indianapolis?
There are currently 88 Studio Apartments in Downtown Indianapolis with rent ranges from $585 to $3,650 with an average price of $1,314.
What is the current price range for One Bedroom Downtown Indianapolis Apartments for rent?
Today's rental pricing for One Bedroom Apartments in Downtown Indianapolis ranges from $335 to $4,292 with an average monthly rent of $1,562.
What does renting a Two Bedroom Apartment in Downtown Indianapolis cost?
The monthly rent prices of Two Bedroom Apartments currently available in Downtown Indianapolis range from $700 to $9,991. Today's average rental price for Two Bedrooms here is $2,112.
How expensive are Downtown Indianapolis Three Bedroom Apartments?
There are currently 41 Three Bedroom Apartments listings available in Downtown Indianapolis on ApartmentHomeLiving.com. The pricing ranges from $930 to $6,700 - averaging $2,465 for the location.
Expert Rental Resources
Helpful Apartment Articles, How-To's and Tips
The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.

A Local Expert’s Guide To 10 Budget-Friendly Neighborhoods to Rent in Indianapolis
Written by: Wendy Melton
Indianapolis is not only the state capital of Indiana, it’s also a shining example of what Midwestern living is all about. I’m Wendy, your ApartmentHomeLiving.

Rise of Digital Nomads: Remote Work Tips for Apartment Renters
Written by: Brandie Parton
As a digital nomad, you no longer call a set address or office building your home for eight hours of the day or more.

Know Your Rights - How Discrimination Laws Impact Landlords and Tenants
Written by: Christine Leonard, Esq.
Everyone needs a place to live and to call home. For decades, the federal government has established protections to ensure that individuals and families can find housing free from discriminatory barriers.

Renting Smart: Lease Basics Every Renter Needs
Written by: Christine Leonard, Esq.
Often, in the excitement of finding a new place to live, there’s a rush to make it happen, and - too often - a new tenant signs a lease without reading it carefully.