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Rent Trends for Apartments in Downtown Indianapolis
September 2025
| Bedroom count | Downtown Indianapolis | vs Last Month |
|---|---|---|
| Studio | $1,429 |  down 3.38% |
| 1 Bedroom | $1,616 | down 2.30% |
| 2 Bedroom | $2,343 | down 2.17% |
| 3 Bedroom | $3,064 | down 6.04% |
| 4 Bedroom | $3,956 | No change |
Median rent as of August 31, 2025
This September, we've analyzed our 250 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 250 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
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$938–$1,145
1 Bedroom Apartment · Downtown Indianapolis, Indianapolis
The Seminole Apartments a 55 and over community 920 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. View building
$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 storage, and on-site laundry. Cats and dogs are allowed, making it a pet-friendly building. View building
$1,289–$2,402
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
$1,266–$1,879
1–2 Bedrooms Apartments · Downtown Indianapolis, Indianapolis
Five Twenty Virginia 520 Virginia Ave is an apartment rental building with 6 floorplans, and 1–2 bedrooms units available. It is located in the Downtown Indianapolis neighborhood of Indianapolis. Cats are allowed, making it a pet-friendly building. View building
Online tours
$1,825
2 Bedrooms · 1 Bathroom Apartment · Downtown Indianapolis, Indianapolis
4 Days Ago
839 N Park Ave #A is a 2 bedroom, 1 bathroom apartment for rent. It is located in the Downtown Indianapolis neighborhood of Indianapolis. Cats are allowed, making it a pet-friendly apartment. View apartment
$1,707–$1,942
2 Bedrooms Apartments · Downtown Indianapolis, Indianapolis
549 N Senate Ave 549 N Senate Ave is an apartment rental building with 5 floorplans, and 2 bedrooms units available. It is located in the Downtown Indianapolis neighborhood of Indianapolis. It has building amenities including garage parking, and outdoor space. View building
Online tours
$1,590
1 Bedroom Apartment · Downtown Indianapolis, Indianapolis
Hinge Apartments 719 Virginia Ave 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 outdoor space, ev charging, fitness center, storage, and package service. Cats and dogs are allowed, making it a pet-friendly building. View building
$1,250–$1,350
1 Bedroom Apartments · Downtown Indianapolis, Indianapolis
Wyndham on Delaware 1040 N Delaware St is an apartment rental building with 3 floorplans, and 1 bedroom units available. It is located in the Downtown Indianapolis neighborhood of Indianapolis. It has building amenities including fitness center. Cats and dogs are allowed, making it a pet-friendly building. View building
$1,900
2 Bedrooms Apartment · Downtown Indianapolis, Indianapolis
Shoemaker Flats 133 W Market St 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
$1,285
1 Bedroom Apartment · Downtown Indianapolis, Indianapolis
450 E Walnut St 450 E Walnut 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
$1,400
2 Bedrooms · 1 Bathroom Apartment · Downtown Indianapolis, Indianapolis
5+ Days Ago
832 N California St 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
$900
Studio Apartment · Downtown Indianapolis, Indianapolis
212 East 10th Street 212 E 10th St is an apartment rental building with 1 floorplan, and studio 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
$1,025
1 Bedroom Apartment · Downtown Indianapolis, Indianapolis
522 Fletcher Ave 522 Fletcher Ave is an apartment rental building with 1 floorplan, and 1 bedroom units available. It is located in the Downtown Indianapolis neighborhood of Indianapolis. View building
$1,100–$1,200
1 Bedroom Apartment · Downtown Indianapolis, Indianapolis
Indy Colonial Apartments 126 E Vermont 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
$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
$1,595
1 Bedroom · 1 Bathroom Apartment · Downtown Indianapolis, Indianapolis
5+ Days Ago
355 E Ohio St #112 is a 1 bedroom, 1 bathroom apartment for rent. It is located in the Downtown Indianapolis neighborhood of Indianapolis. View apartment
Short stay
$2,800
2 Bedrooms · 2 Bathrooms Apartment · Downtown Indianapolis, Indianapolis
5+ Days Ago
226 N Cleveland St ##226e is a 2 bedroom, 2 bathrooms apartment for rent. It is located in the Downtown Indianapolis neighborhood of Indianapolis. It has apartment amenities including garage parking. View apartment
$1,300
1 Bedroom · 1 Bathroom Apartment · Downtown Indianapolis, Indianapolis
5+ Days Ago
230 E 9th St #507 is a 1 bedroom, 1 bathroom apartment for rent. It is located in the Downtown Indianapolis neighborhood of Indianapolis. View apartment
Short stay
$2,600
2 Bedrooms · 2 Bathrooms Apartment · Downtown Indianapolis, Indianapolis
5+ Days Ago
430 N Park Ave ##212 is a 2 bedroom, 2 bathrooms apartment for rent. It is located in the Downtown Indianapolis neighborhood of Indianapolis. It has apartment amenities including storage. View apartment
$2,500
2 Bedrooms · 2 Bathrooms Apartment · Downtown Indianapolis, Indianapolis
5+ Days Ago
225 N New Jersey St #48 is a 2 bedroom, 2 bathrooms apartment for rent. It is located in the Downtown Indianapolis neighborhood of Indianapolis. It has apartment amenities including garage parking, and on-site laundry. View apartment