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.
Neighborhoods Near Downtown Indianapolis
Apartment Types in Indianapolis
Pet Friendly Apartments in IndianapolisCheap Apartments in IndianapolisLuxury Apartments in IndianapolisLow Income Apartments in IndianapolisMove In Special Apartments in IndianapolisUtilities Included Apartments in IndianapolisNo Security Deposit Apartments in IndianapolisShort Term Rentals in Indianapolis
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
Save
59 Results
$1,250–$1,325
1 Bedroom Apartments · Downtown Indianapolis, Indianapolis
$1,575–$1,879
1–2 Bedrooms Apartments · Downtown Indianapolis, Indianapolis
$1,707–$2,003
2 Bedrooms Apartments · Downtown Indianapolis, Indianapolis
$1,025–$1,249
1–2 Bedrooms Apartments · Downtown Indianapolis, Indianapolis
$1,319
2 Bedrooms Apartment · Downtown Indianapolis, Indianapolis
$1,050
1 Bedroom · 1 Bathroom Apartment · Downtown Indianapolis, Indianapolis
1 Day Ago
$1,590–$2,290
1–2 Bedrooms Apartments · Downtown Indianapolis, Indianapolis
$1,495
1 Bedroom · 1 Bathroom Apartment · Downtown Indianapolis, Indianapolis
2 Days Ago
$1,025
1 Bedroom · 1 Bathroom Apartment · Downtown Indianapolis, Indianapolis
2 Days Ago
$1,000
1 Bedroom · 1 Bathroom Apartment · Downtown Indianapolis, Indianapolis
2 Days Ago
$1,750
2 Bedrooms Apartment · Downtown Indianapolis, Indianapolis
$1,366–$2,267
1 Bedroom Apartment · Downtown Indianapolis, Indianapolis
$1,294–$1,950
1–2 Bedrooms Apartments · Downtown Indianapolis, Indianapolis
$950
1 Bedroom · 1 Bathroom Apartment · Downtown Indianapolis, Indianapolis
3 Days Ago
$1,095
1 Bedroom Apartment · Downtown Indianapolis, Indianapolis
$1,025
1 Bedroom Apartment · Downtown Indianapolis, Indianapolis
$1,277–$2,114
1–2 Bedrooms Apartments · Downtown Indianapolis, Indianapolis
$2,200
2 Bedrooms · 2 Bathrooms Apartment · Downtown Indianapolis, Indianapolis
5+ Days Ago
$1,499
2 Bedrooms · 1 Bathroom Apartment · Downtown Indianapolis, Indianapolis
5+ Days Ago
$2,499
2 Bedrooms · 2 Bathrooms Apartment · Downtown Indianapolis, Indianapolis
5+ Days Ago