
Luxury Apartments for Rent in the Upper Canal Neighborhood of Indianapolis, IN (15 Rentals)
The most luxurious Apartments in the Upper Canal area of Indianapolis with high-end amenities, features, and finishes.


9 on Canal

Ardmore Apartments

220 Meridian

Cosmopolitan on the Canal

Artistry Indy
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.

360 Market Square

Pulliam Square

Riley Towers

The Continental Towers at Vermont Place

50 N Illinois St

632 MLK Apartments
Upper Canal - 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!
Upper Canal, Indianapolis, IN Local Guide

How much does it cost to rent an apartment in Upper Canal?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Upper Canal Studio Apartments | $1,305 | $605 | $3,650 |
Upper Canal 1 Bedroom Apartments | $1,584 | $559 | $3,936 |
Upper Canal 2 Bedroom Apartments | $2,290 | $1,035 | $9,594 |
Upper Canal 3 Bedroom Apartments | $2,464 | $1,789 | $5,624 |
Upper Canal 4 Bedroom Apartments | $1,275 | $989 | $2,420 |
Browse Apartments in this Neighborhood
There are currently 15 rentals with your search options within a 1 mile radius of the Upper Canal Neighborhood of Indianapolis, IN.
See all Apartments in IndianapolisExplore Indianapolis
Upper Canal, 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 LifestyleUpper Canal, Indianapolis, IN
Ranked #9
Among neighborhoods in Indianapolis, IN for Apartment listings with Pet Friendly Amenities
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Lifestyle Ratings
ApartmentHomeLiving brings you our detailed rental analysis called 'Lifestyle Ratings' - a comparison of neighborhoods, cities, and rental properties across Indiana, including Indianapolis. Lifestyle Ratings show you the best fit for your needs and interests. This takes in many factors including filtering automatically for the best outdoor access, luxury housing options, pet-friendly features, multifamily communities for the kids, proximity to transit, and more. Use Lifestyle Search in the site filter options on this page - and find your Perfect place!
Luxury Living Rating
Upper Canal is now ranked as amongst the finest high-end submarkets in town, with a score of 4.0 out of 4. Luxury Lifestyle Scoring is based on having high-end community amenities like racquetball and tennis courts, luxury pools, concierge services, views, access to parks, and nice home amenities like granite or quartz countertops and stainless steel appliances. Luxury neighborhoods also often offer tile or hardwood floors, raquetball courts, and for some communities, even a doorman to greet residents.
Getting Around the Upper Canal Neighborhood in Indianapolis, IN
Walk Score®
84 / 100
Very Walkable
Most errands can be accomplished on foot
Bike Score®
94 / 100
Biker's Paradise
Daily errands can be accomplished on a bike
Transit Score®
57 / 100
Good Transit
Many nearby public transportation options
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
Frequently Asked Questions about Upper Canal
How much are Studio apartments in Upper Canal?
There are currently 46 Studio Apartments in Upper Canal with rent ranges from $605 to $3,650 with an average price of $1,305.
What is the current price range for One Bedroom Upper Canal Apartments for rent?
Today's rental pricing for One Bedroom Apartments in Upper Canal ranges from $559 to $3,936 with an average monthly rent of $1,584.
What does renting a Two Bedroom Apartment in Upper Canal cost?
The monthly rent prices of Two Bedroom Apartments currently available in Upper Canal range from $1,035 to $9,594. Today's average rental price for Two Bedrooms here is $2,290.
How expensive are Upper Canal Three Bedroom Apartments?
There are currently 18 Three Bedroom Apartments listings available in Upper Canal on ApartmentHomeLiving.com. The pricing ranges from $1,789 to $5,624 - averaging $2,464 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.