Apartments for Rent in the Downtown Indianapolis Neighborhood of Indianapolis, IN Under $1,500 (131 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
Lifestyle Matching SearchDone
Learn more about Lifestyle Search
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done
Showing Results 1-50, Page 1 of 3

Downtown Indianapolis, Indianapolis, IN Local Guide

Quick Rent Budget Calculator

How much rent can you afford?

The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.

decorative image of people with a giant lease agreement

Frequently Asked Questions about Downtown Indianapolis

How much are Studio apartments in Downtown Indianapolis?

There are currently 76 Studio Apartments in Downtown Indianapolis with rent ranges from $585 to $2,813 with an average price of $1,265.

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 $425 to $3,646 with an average monthly rent of $1,519.

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 $900 to $7,022. Today's average rental price for Two Bedrooms here is $2,151.

How expensive are Downtown Indianapolis Three Bedroom Apartments?

There are currently 38 Three Bedroom Apartments listings available in Downtown Indianapolis on ApartmentHomeLiving.com. The pricing ranges from $1,400 to $6,972 - averaging $2,732 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.

decorative image for Signing Your Apartment Lease: The Basics article

Signing Your Apartment Lease: The Basics

Written by: Trey Huguley

When you're about to sign a lease for the first time, it can feel a bit overwhelming. You don’t want to miss any important details hidden in the fine print.

decorative image for What to Know About Fees and Fines When Renting article

What to Know About Fees and Fines When Renting

Written by: Trey Huguley

When it comes to renting a new apartment or home there can be a number of fees that you will want to keep in mind going into the process.

decorative image for Real Estate Term Glossary: Your Guide to The A to Zs of Renting article

Real Estate Term Glossary: Your Guide to The A to Zs of Renting

Written by: Kevin Ready

Navigating the world of real estate can reveal an abundance of terminology and phrasing around the topics of renting and buying that for some may seem like a brand-new language.

decorative image for Navigating the World of Low-Income Housing: A Comprehensive Guide article

Navigating the World of Low-Income Housing: A Comprehensive Guide

Written by: Kevin Ready

Are you having difficulty keeping up with bills or paying the rent? If so, you are not alone. Many families struggle to keep up with rents that have increased up to 40% in the past decade.