
Luxury Apartments for Rent in the Towne and Terrace Neighborhood of Indianapolis, IN (6 Rentals)
The most luxurious Apartments in the Towne and Terrace area of Indianapolis with high-end amenities, features, and finishes.


The Otis at Fort Ben Apartments

Vineyards Apartments
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.

4103 Aspen Way

4050 Arquette Dr

3407 Harvest Ave
Towne and Terrace - 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!
Towne and Terrace, Indianapolis, IN Local Guide

How much does it cost to rent an apartment in Towne and Terrace?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Towne and Terrace Studio Apartments | $952 | $879 | $1,050 |
Towne and Terrace 1 Bedroom Apartments | $1,312 | $700 | $1,769 |
Towne and Terrace 2 Bedroom Apartments | $1,432 | $899 | $2,722 |
Towne and Terrace 3 Bedroom Apartments | $1,613 | $1,050 | $2,260 |
Towne and Terrace 4 Bedroom Apartments | $1,709 | $1,499 | $1,920 |
Browse Apartments in this Neighborhood
There are currently 6 rentals with your search options within a 2 mile radius of the Towne and Terrace Neighborhood of Indianapolis, IN.
See all Apartments in IndianapolisExplore Indianapolis
Towne and Terrace, Indianapolis, IN Local Guide
- Nearby Indianapolis neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
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.
Pet Friendly LifestyleTowne And Terrace, Indianapolis, IN
Ranked #170
Among neighborhoods in Indianapolis, IN for Apartment listings with Pet Friendly Amenities
Pet Friendliness Lifestyle Score
3.0Pet Friendly
Frequently Asked Questions about Towne and Terrace
What is the current price range for One Bedroom Towne and Terrace Apartments for rent?
Today's rental pricing for One Bedroom Apartments in Towne and Terrace ranges from $700 to $1,769 with an average monthly rent of $1,312.
What does renting a Two Bedroom Apartment in Towne and Terrace cost?
The monthly rent prices of Two Bedroom Apartments currently available in Towne and Terrace range from $899 to $2,722. Today's average rental price for Two Bedrooms here is $1,432.
How expensive are Towne and Terrace Three Bedroom Apartments?
There are currently 11 Three Bedroom Apartments listings available in Towne and Terrace on ApartmentHomeLiving.com. The pricing ranges from $1,050 to $2,260 - averaging $1,613 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.

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.

Battling the Butts: Your Guide to the Reality of Smoke-Free Renting
Written by: Andrea Lee Negroni, JD
While many apartment buildings are “no smoking” properties, it’s hard to know exactly how many. In 2017, the National Apartment Association reported more than half of rental properties had smoke free policies.