Rent Trends for Apartments in Downtown Indianapolis
September 2026
| Bedroom count | Downtown Indianapolis | vs Last Month |
|---|---|---|
| Studio | $1,443 |  down 1.64% |
| 1 Bedroom | $1,515 | down 1.17% |
| 2 Bedroom | $2,298 | down 2.21% |
| 3 Bedroom | $2,848 | No change |
| 4 Bedroom | $4,103 | No change |
Median rent as of September 20, 2026
This September, we've analyzed our 214 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 decreased by 3.09% to $1,443, while the median rent for a 1 bedroom apartment increased by 0.33% to $1,515.
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Find Your Dream Apartment for Rent in Downtown Indianapolis
PadMapper has 214 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
78 Results
Must-see$1,095–$2,120
Studio–2 Bedrooms Apartments · Martindale - Brightwood, Indianapolis
$1,123–$1,661
Studio–2 Bedrooms Apartments · Downtown Indianapolis, Indianapolis
$1,199–$2,711
1–2 Bedrooms Apartments · Downtown Indianapolis, Indianapolis
$1,199–$2,243
1 Bedroom Apartments · Downtown Indianapolis, Indianapolis
$1,500
1 Bedroom · 1 Bathroom Apartment · Downtown Indianapolis, Indianapolis
5+ Days Ago
$1,995
2 Bedrooms · 2 Bathrooms Apartment · Downtown Indianapolis, Indianapolis
5+ Days Ago
$3,100
2 Bedrooms · 2 Bathrooms Apartment · Downtown Indianapolis, Indianapolis
5+ Days Ago
$2,975
3 Bedrooms · 2 Bathrooms Apartment · Downtown Indianapolis, Indianapolis
5+ Days Ago
$1,422–$1,566
Studio–1 Bedroom Apartments · Downtown Indianapolis, Indianapolis
$2,150–$8,867
1–5 Bedrooms Apartments · Downtown Indianapolis, Indianapolis
$1,805–$2,464
1–2 Bedrooms Apartments · Downtown Indianapolis, Indianapolis
$1,568–$4,889
Studio–3 Bedrooms Apartments · Downtown Indianapolis, Indianapolis
$2,910–$4,549
Studio–2 Bedrooms Apartments · Downtown Indianapolis, Indianapolis
$1,552–$4,659
Studio–3 Bedrooms Apartments · Downtown Indianapolis, Indianapolis
$1,519–$4,021
Studio–3 Bedrooms Apartments · Downtown Indianapolis, Indianapolis
$4,526
3 Bedrooms · 3 Bathrooms Apartment · Downtown Indianapolis, Indianapolis
5+ Days Ago
$4,415
3 Bedrooms · 3 Bathrooms Apartment · Downtown Indianapolis, Indianapolis
5+ Days Ago
$1,640–$1,720
1 Bedroom Apartments · Downtown Indianapolis, Indianapolis
$1,291–$4,550
Studio–3 Bedrooms Apartments · Downtown Indianapolis, Indianapolis
$1,187
1 Bedroom · 1 Bathroom Apartment · Downtown Indianapolis, Indianapolis
1 Hour Ago
$1,457
2 Bedrooms · 1 Bathroom Apartment · Downtown Indianapolis, Indianapolis
17 Hours Ago