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
$1,179
1 Bedroom · 1 Bathroom Apartment · Downtown Indianapolis, Indianapolis
18 Hours Ago
$1,442–$2,590
Studio–2 Bedrooms Apartments · Downtown Indianapolis, Indianapolis
$1,256–$1,812
1–2 Bedrooms Apartments · Downtown Indianapolis, Indianapolis
$1,359–$1,759
1–2 Bedrooms Apartments · Downtown Indianapolis, Indianapolis
$2,100
2 Bedrooms · 2 Bathrooms Apartment · Downtown Indianapolis, Indianapolis
1 Day Ago
$1,359–$1,429
Studio–2 Bedrooms Apartments · Downtown Indianapolis, Indianapolis
$1,900
1 Bedroom · 1 Bathroom Apartment · Downtown Indianapolis, Indianapolis
1 Day Ago
$1,325–$1,350
1 Bedroom Apartments · Downtown Indianapolis, Indianapolis
$1,047–$1,145
1 Bedroom Apartment · Downtown Indianapolis, Indianapolis
$1,289–$5,367
Studio–3 Bedrooms Apartments · Downtown Indianapolis, Indianapolis
$1,133–$1,358
Studio–1 Bedroom Apartments · Downtown Indianapolis, Indianapolis
$2,040
2 Bedrooms Apartment · Downtown Indianapolis, Indianapolis
$926–$1,069
Studio–1 Bedroom Apartments · Downtown Indianapolis, Indianapolis
$4,000
4 Bedrooms · 3 Bathrooms Apartment · Downtown Indianapolis, Indianapolis
2 Days Ago
$1,500
1 Bedroom · 1 Bathroom Apartment · Downtown Indianapolis, Indianapolis
2 Days Ago
$2,395
3 Bedrooms · 2 Bathrooms Apartment · Downtown Indianapolis, Indianapolis
3 Days Ago
$1,606–$4,804
Studio–3 Bedrooms Apartments · Downtown Indianapolis, Indianapolis
$1,190–$4,450
Studio–2 Bedrooms Apartments · Downtown Indianapolis, Indianapolis
$2,400
2 Bedrooms · 2 Bathrooms Apartment · Downtown Indianapolis, Indianapolis
4 Days Ago
$1,499
1 Bedroom · 1 Bathroom Apartment · Downtown Indianapolis, Indianapolis
4 Days Ago