Rent Trends for Apartments in Downtown Indianapolis
August 2026
| Bedroom count | Downtown Indianapolis | vs Last Month |
|---|---|---|
| Studio | $1,442 |  down 6.36% |
| 1 Bedroom | $1,633 |  up 2.38% |
| 2 Bedroom | $2,363 | up 3.19% |
| 3 Bedroom | $2,848 | down 17.45% |
| 4 Bedroom | $4,427 | up 13.51% |
Median rent as of August 2, 2026
This August, we've analyzed our 229 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 increased by 0.35% to $1,442, while the median rent for a 1 bedroom apartment decreased by 0.73% to $1,633.
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Find Your Dream Apartment for Rent in Downtown Indianapolis
PadMapper has 229 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
54 Results
$1,429–$2,349
Studio–2 Bedrooms Apartments · Downtown Indianapolis, Indianapolis
$1,249–$2,763
1–2 Bedrooms Apartments · Downtown Indianapolis, Indianapolis
$1,824–$1,859
1 Bedroom Apartments · Downtown Indianapolis, Indianapolis
$1,025
1 Bedroom Apartment · Downtown Indianapolis, Indianapolis
$2,600
2 Bedrooms · 2 Bathrooms Apartment · Downtown Indianapolis, Indianapolis
3 Days Ago
$940–$990
1 Bedroom Apartment · Downtown Indianapolis, Indianapolis
$1,325–$1,400
1 Bedroom Apartments · Downtown Indianapolis, Indianapolis
$2,200
3 Bedrooms · 3 Bathrooms Apartment · Downtown Indianapolis, Indianapolis
3 Days Ago
$1,365–$1,799
1–2 Bedrooms Apartments · Downtown Indianapolis, Indianapolis
$2,350
2 Bedrooms · 2 Bathrooms Apartment · Downtown Indianapolis, Indianapolis
4 Days Ago
$1,047–$1,145
1 Bedroom Apartment · Downtown Indianapolis, Indianapolis
$2,040
2 Bedrooms Apartment · Downtown Indianapolis, Indianapolis
$1,100
1 Bedroom · 1 Bathroom Apartment · Downtown Indianapolis, Indianapolis
5+ Days Ago
$950
1 Bedroom · 1 Bathroom Apartment · Downtown Indianapolis, Indianapolis
5+ Days Ago
$1,100
1 Bedroom · 1 Bathroom Apartment · Downtown Indianapolis, Indianapolis
5+ Days Ago
$1,449
1 Bedroom · 1 Bathroom Apartment · Downtown Indianapolis, Indianapolis
5+ Days Ago
$1,200
1 Bedroom · 1 Bathroom Apartment · Downtown Indianapolis, Indianapolis
5+ Days Ago
$4,259
3 Bedrooms · 2 Bathrooms Apartment · Downtown Indianapolis, Indianapolis
5+ Days Ago
$1,895
2 Bedrooms · 1 Bathroom Apartment · Downtown Indianapolis, Indianapolis
5+ Days Ago
$1,075
1 Bedroom · 1 Bathroom Apartment · Downtown Indianapolis, Indianapolis
5+ Days Ago