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.

Neighborhoods Near Downtown Indianapolis

Near Northside Apartments Near Northwest - Riverside Apartments Near Southside Apartments Near Westside Apartments West Indianapolis Apartments Mapleton - Fall Creek Apartments Garfield Park Apartments Near Eastside Apartments Maywood Apartments

Apartment Types in Indianapolis

Pet Friendly Apartments in Indianapolis Cheap Apartments in Indianapolis Luxury Apartments in Indianapolis Low Income Apartments in Indianapolis Move In Special Apartments in Indianapolis Utilities Included Apartments in Indianapolis No Security Deposit Apartments in Indianapolis Short Term Rentals in Indianapolis

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.

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