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Rent Trends for Apartments in Downtown Indianapolis
September 2025
| Bedroom count | Downtown Indianapolis | vs Last Month |
|---|---|---|
| Studio | $1,390 |  down 5.44% |
| 1 Bedroom | $1,599 | down 2.50% |
| 2 Bedroom | $2,329 |  up 2.64% |
| 3 Bedroom | $4,695 | up 17.52% |
| 4 Bedroom | $3,956 | No change |
Median rent as of September 21, 2025
This September, we've analyzed our 243 listings in Downtown Indianapolis to determine the rent trend. We're updating our tables in real time to give you the most up to date Downtown Indianapolis median apartment rent prices by bedroom count.
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Find Your Dream Apartment for Rent in Downtown Indianapolis
PadMapper has 243 condos, houses, and apartments for rent in Downtown Indianapolis.
We have options to filter by price, bedroom count, bathroom count, long-term or short-term, housing type, pet friendly, no broker fee, and you can search for an apartment by custom keywords.
Downtown Indianapolis, Indianapolis Apartments for Rent
Rent
Length
Bedrooms
Save
Must-see
Verified
$1,350–$1,950
1–3 Bedrooms Apartments · Greenfield, IN
Riley Crossing at Gateway Park 6857 Poetry Pl is an apartment rental building with 3 floorplans, and 1–3 bedrooms units available. It is located in Greenfield. It has building amenities including fitness center. Cats and dogs are allowed, making it a pet-friendly building. View building
Must-see
Verified
$1,068–$1,788
1–2 Bedrooms Apartments · Castleton, Indianapolis
Riverbend Apartments 8850 River Bend Pkwy is an apartment rental building with 17 floorplans, and 1–2 bedrooms units available. It is located in the Castleton neighborhood of Indianapolis. It has building amenities including outdoor space, swimming pool, residents lounge, on-site management, garage parking, business center, and fitness center. Cats and dogs are allowed, making it a pet-friendly building. View building
Must-see
Verified
$1,195–$2,120
Studio–2 Bedrooms Apartments · Martindale - Brightwood, Indianapolis
The Domino 3200 Dr Andrew J Brown Ave is an apartment rental building with 19 floorplans, and studio–2 bedrooms units available. It is located in the Martindale - Brightwood neighborhood of Indianapolis. It has building amenities including roof deck, storage, swimming pool, residents lounge, on-site management, elevator, controlled access, business center, and fitness center. Cats and dogs are allowed, making it a pet-friendly building. View building
New Construction
Verified
$1,229–$3,835
Studio–2 Bedrooms Apartments · Downtown Indianapolis, Indianapolis
Industry Indianapolis 421 N Pennsylvania St is an apartment rental building with 37 floorplans, and studio–2 bedrooms units available. It is located in the Downtown Indianapolis neighborhood of Indianapolis. It has building amenities including ev charging, and storage. Cats and dogs are allowed, making it a pet-friendly building. View building
Verified
Online tours$1,095–$1,588
Studio–2 Bedrooms Apartments · Downtown Indianapolis, Indianapolis
Maxwell Apartments 530 E Ohio St is an apartment rental building with 5 floorplans, and studio–2 bedrooms units available. It is located in the Downtown Indianapolis neighborhood of Indianapolis. It has building amenities including residents lounge, elevator, storage, fitness center, garage parking, and outdoor space. Cats and dogs are allowed, making it a pet-friendly building. View building
Verified
Short stay$1,395–$2,481
Studio–2 Bedrooms Apartments · Downtown Indianapolis, Indianapolis
335 W 9th St 335 W 9th St is an apartment rental building with 17 floorplans, and studio–2 bedrooms units available. It is located in the Downtown Indianapolis neighborhood of Indianapolis. It has building amenities including package service. Cats and dogs are allowed, making it a pet-friendly building. View building
Verified
Short stay$2,464
1 Bedroom · 1 Bathroom Apartment · Downtown Indianapolis, Indianapolis
2 Days Ago
423 E Michigan St is a 1 bedroom, 1 bathroom apartment for rent. It is located in the Downtown Indianapolis neighborhood of Indianapolis. It has apartment amenities including residents lounge, elevator, and roof deck. View apartment
Verified
Short stay$2,299
1 Bedroom · 1 Bathroom Apartment · Downtown Indianapolis, Indianapolis
2 Days Ago
747 N College Ave is a 1 bedroom, 1 bathroom apartment for rent. It is located in the Downtown Indianapolis neighborhood of Indianapolis. It has apartment amenities including elevator. Cats and dogs are allowed, making it a pet-friendly apartment. View apartment
$1,249
1 Bedroom · 1 Bathroom Apartment · Downtown Indianapolis, Indianapolis
7 Hours Ago
501 Madison Ave #202 is a 1 bedroom, 1 bathroom apartment for rent. It is located in the Downtown Indianapolis neighborhood of Indianapolis. It has apartment amenities including garage parking, concierge service, package service, and on-site laundry. Cats and dogs are allowed, making it a pet-friendly apartment. View apartment
$1,099
1 Bedroom · 1 Bathroom Apartment · Downtown Indianapolis, Indianapolis
7 Hours Ago
501 Madison Ave #304 is a 1 bedroom, 1 bathroom apartment for rent. It is located in the Downtown Indianapolis neighborhood of Indianapolis. It has apartment amenities including garage parking, concierge service, package service, and on-site laundry. Cats and dogs are allowed, making it a pet-friendly apartment. View apartment
$1,149
1 Bedroom · 1 Bathroom Apartment · Downtown Indianapolis, Indianapolis
7 Hours Ago
501 Madison Ave #301 is a 1 bedroom, 1 bathroom apartment for rent. It is located in the Downtown Indianapolis neighborhood of Indianapolis. It has apartment amenities including garage parking, concierge service, on-site laundry, and package service. Cats and dogs are allowed, making it a pet-friendly apartment. View apartment
$900–$1,025
1 Bedroom Apartment · Downtown Indianapolis, Indianapolis
Christian Place Apartments 824 N Alabama St is an apartment rental building with 1 floorplan, and 1 bedroom units available. It is located in the Downtown Indianapolis neighborhood of Indianapolis. Cats and dogs are allowed, making it a pet-friendly building. View building
Rent special
$1,234–$8,260
Studio–3 Bedrooms Apartments · Downtown Indianapolis, Indianapolis
CityWay 229 S Delaware St is an apartment rental building with 33 floorplans, and studio–3 bedrooms units available. It is located in the Downtown Indianapolis neighborhood of Indianapolis. It has building amenities including storage, swimming pool, residents lounge, ev charging, garage parking, and fitness center. Cats and dogs are allowed, making it a pet-friendly building. View building
Short stay
$1,190–$4,450
Studio–2 Bedrooms Apartments · Downtown Indianapolis, Indianapolis
Penrose on Mass 530 Massachusetts Ave is an apartment rental building with 35 floorplans, and studio–2 bedrooms units available. It is located in the Downtown Indianapolis neighborhood of Indianapolis. It has building amenities including garage parking. Cats and dogs are allowed, making it a pet-friendly building. View building
$1,390–$2,990
Studio–2 Bedrooms Apartments · Downtown Indianapolis, Indianapolis
Ardmore Apartments 231 N Pennsylvania St is an apartment rental building with 10 floorplans, and studio–2 bedrooms units available. It is located in the Downtown Indianapolis neighborhood of Indianapolis. It has building amenities including package service, residents lounge, storage, garage parking, and ev charging. Cats and dogs are allowed, making it a pet-friendly building. View building
$900
Studio · 1 Bathroom Apartment · Downtown Indianapolis, Indianapolis
2 Days Ago
212 E 10th St #1 is a studio, 1 bathroom apartment for rent. It is located in the Downtown Indianapolis neighborhood of Indianapolis. View apartment
Online tours
$1,430–$2,290
Studio–2 Bedrooms Apartments · Downtown Indianapolis, Indianapolis
Slate Apartments 501 Virginia Ave is an apartment rental building with 2 floorplans, and studio–2 bedrooms units available. It is located in the Downtown Indianapolis neighborhood of Indianapolis. It has building amenities including outdoor space, ev charging, package service, and fitness center. Cats and dogs are allowed, making it a pet-friendly building. View building
$1,289–$2,338
1 Bedroom Apartments · Downtown Indianapolis, Indianapolis
333 Penn Apartments 333 N Pennsylvania St is an apartment rental building with 4 floorplans, and 1 bedroom units available. It is located in the Downtown Indianapolis neighborhood of Indianapolis. View building
$1,800
2 Bedrooms · 1 Bathroom Apartment · Downtown Indianapolis, Indianapolis
2 Days Ago
918 N College Ave is a 2 bedroom, 1 bathroom apartment for rent. It is located in the Downtown Indianapolis neighborhood of Indianapolis. It has apartment amenities including on-site laundry. Cats and dogs are allowed, making it a pet-friendly apartment. View apartment
$1,429–$2,250
Studio–2 Bedrooms Apartments · Downtown Indianapolis, Indianapolis
Grace Manor Apartments 234 E 9th St is an apartment rental building with 2 floorplans, and studio–2 bedrooms units available. It is located in the Downtown Indianapolis neighborhood of Indianapolis. It has building amenities including on-site laundry, and storage. Cats and dogs are allowed, making it a pet-friendly building. View building
$1,529
3 Bedrooms Apartment · Downtown Indianapolis, Indianapolis
Senate S Senate Ave is an apartment rental building with 1 floorplan, and 3 bedrooms units available. It is located in the Downtown Indianapolis neighborhood of Indianapolis. It has building amenities including on-site laundry, and storage. Cats and dogs are allowed, making it a pet-friendly building. View building
$2,090
2 Bedrooms Apartment · Downtown Indianapolis, Indianapolis
Fletcher Place Lofts 410 S College Ave is an apartment rental building with 1 floorplan, and 2 bedrooms units available. It is located in the Downtown Indianapolis neighborhood of Indianapolis. View building
$990
1 Bedroom Apartment · Downtown Indianapolis, Indianapolis
Devonshire Apartments in Downtown Indianapolis 412 N Alabama St is an apartment rental building with 1 floorplan, and 1 bedroom units available. It is located in the Downtown Indianapolis neighborhood of Indianapolis. It has building amenities including on-site laundry. Cats and dogs are allowed, making it a pet-friendly building. View building