Rent Trends for Apartments in Downtown Indianapolis
February 2026
| Bedroom count | Downtown Indianapolis | vs Last Month |
|---|---|---|
| Studio | $1,570 |  up 9.87% |
| 1 Bedroom | $1,659 | up 5.53% |
| 2 Bedroom | $2,134 | up 2.30% |
| 3 Bedroom | $3,656 | up 25.64% |
| 4 Bedroom | $3,836 | up 1.05% |
Median rent as of February 1, 2026
This February, we've analyzed our 233 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.
The median rent for a studio apartment remained the same at $1,570, while the median rent for a 1 bedroom apartment increased by 0.79% to $1,659.
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Find Your Dream Apartment for Rent in Downtown Indianapolis
PadMapper has 233 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
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60 Results
Must-see$925–$1,851
1–2 Bedrooms Apartments · Castleton, Indianapolis
Must-see$995–$2,037
Studio–2 Bedrooms Apartments · Martindale - Brightwood, Indianapolis
Must-see$1,009–$1,450
1–2 Bedrooms Apartments · St. Vincent - Greenbriar, Indianapolis
$1,229–$3,835
Studio–2 Bedrooms Apartments · Downtown Indianapolis, Indianapolis
$1,061–$1,619
Studio–2 Bedrooms Apartments · Downtown Indianapolis, Indianapolis
$2,300
2 Bedrooms · 2 Bathrooms Apartment · Downtown Indianapolis, Indianapolis
5+ Days Ago
$1,488–$2,309
Studio–2 Bedrooms Apartments · Downtown Indianapolis, Indianapolis
$2,744
1 Bedroom Apartment · Downtown Indianapolis, Indianapolis
$3,057
2 Bedrooms Apartment · Downtown Indianapolis, Indianapolis
$2,282
2 Bedrooms Apartment · Downtown Indianapolis, Indianapolis
$1,884–$3,531
Studio–2 Bedrooms Apartments · Downtown Indianapolis, Indianapolis
$2,100
2 Bedrooms · 1 Bathroom Apartment · Downtown Indianapolis, Indianapolis
5+ Days Ago
$1,305–$5,817
Studio–3 Bedrooms Apartments · Downtown Indianapolis, Indianapolis
$1,487–$1,876
1–2 Bedrooms Apartments · Downtown Indianapolis, Indianapolis
$990
1 Bedroom Apartment · Downtown Indianapolis, Indianapolis
$665
Studio Apartment · Downtown Indianapolis, Indianapolis
$1,099
Studio · 1 Bathroom Apartment · Downtown Indianapolis, Indianapolis
5+ Days Ago
$1,190–$4,450
Studio–2 Bedrooms Apartments · Downtown Indianapolis, Indianapolis
$1,261–$2,278
Studio–3 Bedrooms Apartments · Downtown Indianapolis, Indianapolis
$1,390–$2,190
Studio–2 Bedrooms Apartments · Downtown Indianapolis, Indianapolis
$1,429–$2,349
Studio–2 Bedrooms Apartments · Downtown Indianapolis, Indianapolis
$1,790–$2,990
1–2 Bedrooms Apartments · Downtown Indianapolis, Indianapolis
$2,350
2 Bedrooms · 2 Bathrooms Apartment · Downtown Indianapolis, Indianapolis
1 Day Ago