8,629

Luxury Homes for Rent in Indianapolis, IN

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  • /20

    $22,896

    Total Monthly Price

    • 18 Beds
    • 17 Baths
    • 11,043 Sq Ft
    • Condo for Rent

    615 N East St Unit SI FL2-ID1596524P, Indianapolis, IN 46202

    The advertised rate of $22,896/month is the lowest available price, based on a 30 day(s) stay with a move-in date of January 19, 2027. Rates vary depending on the duration of stay, season, and other parameters. For exact pricing and additional pricing components, please visit our website and enter your desired move-in and move-out dates. The rate is applicable when billed upfront; it can be

    615 N East St Unit SI FL2-ID1596524P, Indianapolis, IN 46202
  • /20

    $16,196

    Total Monthly Price

    • 5 Beds
    • 6 Baths
    • 2,895 Sq Ft
    • Condo for Rent

    1409 Linden St Unit SI ID1028898P, Indianapolis, IN 46203

    The advertised rate of $16,196/month is the lowest available price, based on a 1 month(s) stay with a move-in date of September 19, 2026. Rates vary depending on the duration of stay, season, and other parameters. For exact pricing and additional pricing components, please visit our website and enter your desired move-in and move-out dates. The rate is applicable when billed upfront; it can

    1409 Linden St Unit SI ID1028898P, Indianapolis, IN 46203
  • /35

    Starting at $1,079 Per Month

    • Studio - 3 Beds

    5778 Brockton Ct, Indianapolis, IN 46220

    Brockton Apartments & Townhomes is located in a quiet, well-established Indianapolis neighborhood and offers spacious one-, two-, and three-bedroom apartments and townhomes designed for comfortable everyday living. Each layout includes walk-in closets, covered parking, and extra storage, with select homes featuring private patios or balconies perfect for relaxing outdoors. The property is ideally

    Brockton

    5778 Brockton Ct, Indianapolis, IN 46220
  • /50

    Starting at $1,715 Per Month

    • Studio - 4 Beds

    360 E Market St, Indianapolis, IN 46204

    Experience elevated urban living at 360 Market Square, a premier luxury apartment community in downtown Indianapolis. Offering sophisticated studio, one-, and two-bedroom apartments, 360 Market Square combines modern design, upscale amenities, and an unbeatable location in the heart of the city. Situated on the iconic former site of Market Square Arena and directly connected to Whole Foods

    360 Market Square

    360 E Market St, Indianapolis, IN 46204
  • /86

    $10,000 Per Month

    • 3 Beds
    • 3.5 Baths
    • 4,251 Sq Ft
    • Condo for Rent

    333 Massachusetts Ave Unit PH1, Indianapolis, IN 46204

    Experience the pinnacle of Modern Elegance with this luxury 3 Bedroom/3.5 Bath Penthouse Condo in the Heart of Mass Ave! Featuring extraordinary 180 degree views of the Downtown Indy Skyline from it's 1300 sq ft terrace. This rare residence offers floor to ceiling windows of doors that flood the space with natural light, connecting indoor & outdoor living. Discover over 4,300 sq ft of artfully

    Jeff Carroll F.C. Tucker Company

    333 Massachusetts Ave Unit PH1, Indianapolis, IN 46204
  • /19

    $8,760

    Total Monthly Price

    • 7 Beds
    • 7 Baths
    • 4,542 Sq Ft
    • Condo for Rent

    615 N East St Unit SI FL2-ID1596502P, Indianapolis, IN 46202

    The advertised rate of $8,760/month is the lowest available price, based on a 30 day(s) stay with a move-in date of January 24, 2027. Rates vary depending on the duration of stay, season, and other parameters. For exact pricing and additional pricing components, please visit our website and enter your desired move-in and move-out dates. The rate is applicable when billed upfront; it can be

    615 N East St Unit SI FL2-ID1596502P, Indianapolis, IN 46202
  • /20

    $8,712

    Total Monthly Price

    • 7 Beds
    • 7 Baths
    • 4,542 Sq Ft
    • Condo for Rent

    615 N East St Unit SI FL2-ID1596523P, Indianapolis, IN 46202

    The advertised rate of $8,712/month is the lowest available price, based on a 30 day(s) stay with a move-in date of January 23, 2027. Rates vary depending on the duration of stay, season, and other parameters. For exact pricing and additional pricing components, please visit our website and enter your desired move-in and move-out dates. The rate is applicable when billed upfront; it can be

    615 N East St Unit SI FL2-ID1596523P, Indianapolis, IN 46202
  • /20

    $8,291

    Total Monthly Price

    • 4 Beds
    • 3 Baths
    • 1,948 Sq Ft
    • Condo for Rent

    615 N East St Unit SI FL2-ID1596538P, Indianapolis, IN 46202

    The advertised rate of $8,292/month is the lowest available price, based on a 1 month(s) stay with a move-in date of September 23, 2026. Rates vary depending on the duration of stay, season, and other parameters. For exact pricing and additional pricing components, please visit our website and enter your desired move-in and move-out dates. The rate is applicable when billed upfront; it can

    615 N East St Unit SI FL2-ID1596538P, Indianapolis, IN 46202
  • /20

    $7,968

    Total Monthly Price

    • 6 Beds
    • 6 Baths
    • 3,896 Sq Ft
    • Condo for Rent

    615 N East St Unit SI ID1596499P, Indianapolis, IN 46202

    The advertised rate of $7,968/month is the lowest available price, based on a 30 day(s) stay with a move-in date of January 23, 2027. Rates vary depending on the duration of stay, season, and other parameters. For exact pricing and additional pricing components, please visit our website and enter your desired move-in and move-out dates. The rate is applicable when billed upfront; it can be

    615 N East St Unit SI ID1596499P, Indianapolis, IN 46202
  • /34

    $7,900 Per Month

    • 5 Beds
    • 5 Baths
    • 3,958 Sq Ft
    • House for Rent

    429 W 86th St, Indianapolis, IN 46260

    Modern 5-BR Luxury Retreat in Surrey Park - Welcome to your ultimate corporate retreat or premium short-term home in Indianapolis. This ultra-modern 5-bedroom, 5-bathroom estate combines sleek design with resort-style living. Inside, the light-filled social spaces showcase clean lines, marble floors, a dramatic floating staircase, and a statement fireplace framed by floor-to-ceiling windows.

    Chas Schaffernoth F.C. Tucker Company

    429 W 86th St, Indianapolis, IN 46260
  • /39

    Starting at $1,031 Per Month

    • Studio - 3 Beds

    451-475 E Market St, Indianapolis, IN 46204

    Artistry is a creatively revitalized mixed-use campus in the Cole Noble district of downtown Indianapolis. Its architecture, modern features and appreciation for the arts is bound by the community's history of craft and skill. The main building features five stories of urban apartment homes and up to 68,000 square feet of commercial office space. With the addition of Mentor, Muse & Mosaic, the

    Artistry Indy

    451-475 E Market St, Indianapolis, IN 46204
  • /23

    $7,668

    Total Monthly Price

    • 3 Beds
    • 2 Baths
    • 1,194 Sq Ft
    • Condo for Rent

    5850 Devington Cir Unit SI ID1332864P, Indianapolis, IN 46226

    The advertised rate of $7,668/month is the lowest available price, based on a 30 day(s) stay with a move-in date of December 19, 2026. Rates vary depending on the duration of stay, season, and other parameters. For exact pricing and additional pricing components, please visit our website and enter your desired move-in and move-out dates. The rate is applicable when billed upfront; it can be

    5850 Devington Cir Unit SI ID1332864P, Indianapolis, IN 46226
  • /44

    $7,435

    Total Monthly Price

    • 8 Beds
    • 8 Baths
    • 2,690 Sq Ft
    • Condo for Rent

    235 S Delaware St Unit SI ID1596533P, Indianapolis, IN 46225

    The advertised rate of $7,435/month is the lowest available price, based on a 1 month(s) and 1 day(s) stay with a move-in date of January 30, 2027. Rates vary depending on the duration of stay, season, and other parameters. For exact pricing and additional pricing components, please visit our website and enter your desired move-in and move-out dates. The rate is applicable when billed

    235 S Delaware St Unit SI ID1596533P, Indianapolis, IN 46225
  • /69

    $6,766

    Total Monthly Price

    • 4 Beds
    • 2 Baths
    • Condo for Rent

    2308 Nowland Ave Unit SI ID1492765P, Indianapolis, IN 46201

    The advertised rate of $6,767/month is the lowest available price, based on a 1 month(s) stay with a move-in date of September 19, 2026. Rates vary depending on the duration of stay, season, and other parameters. For exact pricing and additional pricing components, please visit our website and enter your desired move-in and move-out dates. The rate is applicable when billed upfront; it can

    2308 Nowland Ave Unit SI ID1492765P, Indianapolis, IN 46201
  • /18

    $6,624

    Total Monthly Price

    • 5 Beds
    • 5 Baths
    • 3,239 Sq Ft
    • Condo for Rent

    615 N East St Unit SI ID1596516P, Indianapolis, IN 46202

    The advertised rate of $6,624/month is the lowest available price, based on a 30 day(s) stay with a move-in date of January 18, 2027. Rates vary depending on the duration of stay, season, and other parameters. For exact pricing and additional pricing components, please visit our website and enter your desired move-in and move-out dates. The rate is applicable when billed upfront; it can be

    615 N East St Unit SI ID1596516P, Indianapolis, IN 46202
  • /74

    Starting at $1,671 Per Month

    • Studio - 3 Beds

    220 N Meridian St, Indianapolis, IN 46204

    Welcome to 220 Meridian, offering luxury apartments in downtown Indianapolis where modern living meets urban convenience in the heart of the city. Located in the vibrant heart of downtown Indianapolis, our studio, one-, two-, and three-bedroom apartments offer spacious layouts, upgraded household appliances, in-home washers and dryers, large closets, and extra storage—perfect for the lifestyle

    220 Meridian

    220 N Meridian St, Indianapolis, IN 46204
  • /20

    $6,440

    Total Monthly Price

    • 6 Beds
    • 6 Baths
    • 2,690 Sq Ft
    • Condo for Rent

    229 S Delaware St Unit SI ID1596517P, Indianapolis, IN 46204

    The advertised rate of $6,440/month is the lowest available price, based on a 1 month(s) and 2 day(s) stay with a move-in date of February 7, 2027. Rates vary depending on the duration of stay, season, and other parameters. For exact pricing and additional pricing components, please visit our website and enter your desired move-in and move-out dates. The rate is applicable when billed

    229 S Delaware St Unit SI ID1596517P, Indianapolis, IN 46204
  • /55

    $5,500 Per Month

    • 4 Beds
    • 2.5 Baths
    • 2,750 Sq Ft
    • House for Rent

    2058 Carrollton Ave, Indianapolis, IN 46202

    Offered fully furnished and flawlessly reimagined, this striking contemporary residence is a showcase of sophisticated design, elevated comfort, and effortless livability. Every space has been thoughtfully curated with refined finishes, clean architectural lines, and integrated surround sound, creating an atmosphere that is both modern and inviting. The heart of the home is a beautifully

    Noelle Hans-Daniels The Agency Indy

    2058 Carrollton Ave, Indianapolis, IN 46202
  • /32

    $5,500 Per Month

    • 4 Beds
    • 2.5 Baths
    • 3,876 Sq Ft
    • House for Rent

    2435 S Ritter Ave, Indianapolis, IN 46203

    Discover an inviting living experience at 2435 S Ritter AVE, INDIANAPOLIS, IN. This expansive 3876 square foot single-family residence, originally built in 1910, is ready for you to move in and make it your own. This two-story home offers four well-proportioned bedrooms, providing ample space for comfortable living. Complementing these are two full bathrooms and an additional half bathroom,

    Vantha Lian Mang Tha Real Estate, LLC

    2435 S Ritter Ave, Indianapolis, IN 46203
  • /54

    $5,433

    Total Monthly Price

    • 3 Beds
    • 2 Baths
    • Condo for Rent

    8209 Parsley Ln Unit SI ID1397953P, Indianapolis, IN 46237

    The advertised rate of $5,433/month is the lowest available price, based on a 1 month(s) stay with a move-in date of November 26, 2026. Rates vary depending on the duration of stay, season, and other parameters. For exact pricing and additional pricing components, please visit our website and enter your desired move-in and move-out dates. The rate is applicable when billed upfront; it can be

    8209 Parsley Ln Unit SI ID1397953P, Indianapolis, IN 46237
  • /20

    $5,304

    Total Monthly Price

    • 4 Beds
    • 4 Baths
    • 2,594 Sq Ft
    • Condo for Rent

    615 N East St Unit SI ID1596550P, Indianapolis, IN 46202

    The advertised rate of $5,304/month is the lowest available price, based on a 30 day(s) stay with a move-in date of January 18, 2027. Rates vary depending on the duration of stay, season, and other parameters. For exact pricing and additional pricing components, please visit our website and enter your desired move-in and move-out dates. The rate is applicable when billed upfront; it can be

    615 N East St Unit SI ID1596550P, Indianapolis, IN 46202
  • /35

    Starting at $1,532 Per Month

    • Studio - 2 Beds

    6311 E Westfield Blvd, Indianapolis, IN 46220

    Now offering self-guided tours! Welcome to River House, your brand-new home in Indianapolis, IN! Offering studio, one and two-bedroom apartments in the heart of Broad Ripple, one of the city's most vibrant places to live, our community is everything you need for a comfortable lifestyle. Pets allowed & short-term leases available! Visit our website and schedule your self-guided tour today!

    River House

    6311 E Westfield Blvd, Indianapolis, IN 46220
  • /20

    $4,999

    Total Monthly Price

    • 2 Beds
    • 1 Bath
    • Condo for Rent

    6115 Ralston Ave Unit SI ID1303758P, Indianapolis, IN 46220

    The advertised rate of $5,000/month is the lowest available price, based on a 30 day(s) stay with a move-in date of January 9, 2027. Rates vary depending on the duration of stay, season, and other parameters. For exact pricing and additional pricing components, please visit our website and enter your desired move-in and move-out dates. The rate is applicable when billed upfront; it can be

    6115 Ralston Ave Unit SI ID1303758P, Indianapolis, IN 46220
  • /18

    $4,950 Per Month

    • 4 Beds
    • 2.5 Baths
    • 1,824 Sq Ft
    • House for Rent

    7703 Janel Ct, Indianapolis, IN 46237

    FURNISHED,FURNISHED!!! Newly updated 4bed, office, and 2.5bath home on a peaceful In Franklin Township, Indianapolis. 4 minutes drive to I65 . Ideally suited for extended stays, it features an open layout, modern kitchen, clever pantry under the stairs, a cozy bonus room, and a roomy primary suite. Expansive parklike backyard with patio, gazebo, and play area. Close to employers, dining, and

    Lenny Lam LENNY REALTY LLC

    7703 Janel Ct, Indianapolis, IN 46237
  • /20

    $4,937

    Total Monthly Price

    • 3 Beds
    • 2 Baths
    • 1,603 Sq Ft
    • Condo for Rent

    518 Prospect St Unit SI ID1353834P, Indianapolis, IN 46203

    The advertised rate of $4,938/month is the lowest available price, based on a 1 month(s) and 2 day(s) stay with a move-in date of February 25, 2027. Rates vary depending on the duration of stay, season, and other parameters. For exact pricing and additional pricing components, please visit our website and enter your desired move-in and move-out dates. The rate is applicable when billed

    518 Prospect St Unit SI ID1353834P, Indianapolis, IN 46203
  • /31

    $4,750 Per Month

    • 4 Beds
    • 3.5 Baths
    • 2,146 Sq Ft
    • House for Rent

    640 E 10th St, Indianapolis, IN 46202

    This great rental opportunity features an ideal location right across the street from Bottleworks and Mass Ave. Inside, you will find an updated home ready for you to enjoy. The main floor includes a bedroom that is currently being used as an exercise room, and the open kitchen leads into a bright, light-filled living room. The primary suite offers a luxurious experience rarely found in a rental,

    Agent Photo

    John Creamer

    CENTURY 21 Scheetz

    640 E 10th St, Indianapolis, IN 46202
  • /20

    $4,667

    Total Monthly Price

    • 2 Beds
    • 2 Baths
    • 1,001 Sq Ft
    • Condo for Rent

    421 N Pennsylvania St Unit SI ID1312605P, Indianapolis, IN 46204

    The advertised rate of $4,668/month is the lowest available price, based on a 30 day(s) stay with a move-in date of January 18, 2027. Rates vary depending on the duration of stay, season, and other parameters. For exact pricing and additional pricing components, please visit our website and enter your desired move-in and move-out dates. The rate is applicable when billed upfront; it can be

    421 N Pennsylvania St Unit SI ID1312605P, Indianapolis, IN 46204
  • /20

    $4,667

    Total Monthly Price

    • 2 Beds
    • 2 Baths
    • 1,001 Sq Ft
    • Condo for Rent

    421 N Pennsylvania St Unit SI ID1313968P, Indianapolis, IN 46204

    The advertised rate of $4,668/month is the lowest available price, based on a 30 day(s) stay with a move-in date of January 18, 2027. Rates vary depending on the duration of stay, season, and other parameters. For exact pricing and additional pricing components, please visit our website and enter your desired move-in and move-out dates. The rate is applicable when billed upfront; it can be

    421 N Pennsylvania St Unit SI ID1313968P, Indianapolis, IN 46204
  • /112

    Starting at $1,245 Per Month

    • Studio - 3 Beds

    421 N Pennsylvania St, Indianapolis, IN 46204

    On the doorstep of the most expressive district in the heart of downtown Indianapolis lies a brand-new community alive with spectacular 360 views. Industry Indianapolis is a pet-friendly high-rise community of studio, one-, and two-bedroom apartments and townhomes bursting with spectacular amenities and carefully curated luxury. Enjoy time in your own space or venture out onto Mass Ave to find

    Industry Indianapolis

    421 N Pennsylvania St, Indianapolis, IN 46204
  • /23

    $4,500 Per Month

    • 3 Beds
    • 2 Baths
    • 1,176 Sq Ft
    • House for Rent

    8126 Xenia Dr, Indianapolis, IN 46227

    FURNISHED,FURNISHED!!! Newly updated 3 bed house on a peaceful In Perry Township, 7 minutes drive to I65 . Ideally suited for extended stays, it features an open layout, modern kitchen, . Close to dining, and shopping. Book now for your comfortable, convenient stay!

    Lenny Lam LENNY REALTY LLC

    8126 Xenia Dr, Indianapolis, IN 46227
  • /47

    $4,500 Per Month

    • 4 Beds
    • 3 Baths
    • 2,000 Sq Ft
    • House for Rent

    1321 N Beville Ave, Indianapolis, IN 46201

    This fully renovated 4-bedroom, 3-bathroom home in Windsor Park combines historic charm with modern updates. Built in 1890, the house sits on a large corner lot and offers nearly 2,700 square feet of living space. The home features refinished hardwood floors, open-concept main level with tall ceilings, an updated kitchen with granite countertops, stainless steel appliances, and a wine fridge,

    1321 N Beville Ave, Indianapolis, IN 46201
  • /40

    $4,350 Per Month

    • 3 Beds
    • 2.5 Baths
    • 2,166 Sq Ft
    • Condo for Rent

    435 Virginia Ave Unit 604, Indianapolis, IN 46203

    Experience panoramic city views from this luxury upper-level condo in The Villaggio. Freshly updated with new carpet and paint, this sophisticated residence offers quality finishes throughout, featuring two spacious bedrooms plus a private office. The expansive open-concept layout seamlessly connects the gourmet kitchen, dining area, and great room, creating the perfect space for entertaining or

    Paul Kilgore Berkshire Hathaway Home

    435 Virginia Ave Unit 604, Indianapolis, IN 46203
  • /20

    $4,251

    Total Monthly Price

    • 3 Beds
    • 2 Baths
    • Condo for Rent

    337 Sanders St Unit SI ID1322532P, Indianapolis, IN 46225

    The advertised rate of $4,252/month is the lowest available price, based on a 30 day(s) stay with a move-in date of January 18, 2027. Rates vary depending on the duration of stay, season, and other parameters. For exact pricing and additional pricing components, please visit our website and enter your desired move-in and move-out dates. The rate is applicable when billed upfront; it can be

    337 Sanders St Unit SI ID1322532P, Indianapolis, IN 46225
  • /46

    $4,248

    Total Monthly Price

    • 4 Beds
    • 4 Baths
    • 1,797 Sq Ft
    • Condo for Rent

    235 S Delaware St Unit SI ID1596528P, Indianapolis, IN 46225

    The advertised rate of $4,248/month is the lowest available price, based on a 1 month(s) and 2 day(s) stay with a move-in date of February 6, 2027. Rates vary depending on the duration of stay, season, and other parameters. For exact pricing and additional pricing components, please visit our website and enter your desired move-in and move-out dates. The rate is applicable when billed

    235 S Delaware St Unit SI ID1596528P, Indianapolis, IN 46225
  • /16

    $4,200 Per Month

    • 4 Beds
    • 3.5 Baths
    • 3,029 Sq Ft
    • House for Rent

    1639 Woodlawn Ave, Indianapolis, IN 46203

    Property Id: 2843710 Set on a corner lot and walking distance from Fountain square shops and restaurants, this house offers cozy mixed with urban vibe. Public transit within minutes. Grab a bus and go. Easy access to Mass Ave/downtown Indianapolis and highway 65/465. 6 beds including Room 1: huge family bed in master bedroom. Room 2: Loft bed with computer desk/vanity underneath.

    1639 Woodlawn Ave, Indianapolis, IN 46203
  • /20

    $4,029

    Total Monthly Price

    • 3 Beds
    • 2 Baths
    • 1,614 Sq Ft
    • Condo for Rent

    518 Prospect St Unit SI ID1357365P, Indianapolis, IN 46203

    The advertised rate of $4,029/month is the lowest available price, based on a 30 day(s) stay with a move-in date of May 2, 2027. Rates vary depending on the duration of stay, season, and other parameters. For exact pricing and additional pricing components, please visit our website and enter your desired move-in and move-out dates. The rate is applicable when billed upfront; it can be higher

    518 Prospect St Unit SI ID1357365P, Indianapolis, IN 46203
  • /39

    $4,000 Per Month

    • 3 Beds
    • 3.5 Baths
    • 2,374 Sq Ft
    • House for Rent

    711 E 16th St, Indianapolis, IN 46202

    Amazing Townhome with Rooftop & 3 bed, 3.5 baths in the Old Northside part of Downtown Indy, right down the street from the Bottleworks district and two blocks off the Monon. Home features top of the line Appliances, Tons of cabinet space, island with bar top seating, Accent wall in the Kitchen, Remote operated Blinds on Main Floor and Custom blinds on 1st & 3rd floor bedrooms, Reverse Osmosis

    Jeff Boller Vision One Real Estate

    711 E 16th St, Indianapolis, IN 46202
  • /20

    $3,984

    Total Monthly Price

    • 3 Beds
    • 3 Baths
    • 1,948 Sq Ft
    • Condo for Rent

    615 N East St Unit SI ID1596511P, Indianapolis, IN 46202

    The advertised rate of $3,984/month is the lowest available price, based on a 30 day(s) stay with a move-in date of January 21, 2027. Rates vary depending on the duration of stay, season, and other parameters. For exact pricing and additional pricing components, please visit our website and enter your desired move-in and move-out dates. The rate is applicable when billed upfront; it can be

    615 N East St Unit SI ID1596511P, Indianapolis, IN 46202
  • /50

    $3,947 Per Month

    • 2 Beds
    • 1 Bath
    • Condo for Rent

    540 E 64th St Unit SI ID1629982P, Indianapolis, IN 46220

    The advertised rate of $3,947/month is the lowest available price, based on a 30 day(s) stay with a move-in date of January 5, 2027. Rates vary depending on the duration of stay, season, and other parameters. For exact pricing and additional pricing components, please visit our website and enter your desired move-in and move-out dates. The rate is applicable when billed upfront; it can be

    540 E 64th St Unit SI ID1629982P, Indianapolis, IN 46220
  • /22

    $3,920

    Total Monthly Price

    • 2 Beds
    • 1 Bath
    • Condo for Rent

    6765 Riverview Dr Unit SI ID1536666P, Indianapolis, IN 46220

    The advertised rate of $3,920/month is the lowest available price, based on a 30 day(s) stay with a move-in date of January 4, 2027. Rates vary depending on the duration of stay, season, and other parameters. For exact pricing and additional pricing components, please visit our website and enter your desired move-in and move-out dates. The rate is applicable when billed upfront; it can be

    6765 Riverview Dr Unit SI ID1536666P, Indianapolis, IN 46220

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Frequently Asked Questions

How much does it cost to rent a home in Indianapolis, IN?
The median rent for a home in Indianapolis, IN is $1,571 per month, though prices vary by neighborhood, size, and property type. As of September 2026, townhouses tend to be the most affordable option while condos and single-family homes are currently more expensive.
How much do you need to make to afford rent in Indianapolis, IN?
To comfortably afford the median rent in Indianapolis, IN, a household needs to earn roughly $62,840 per year. This is based on the common guideline that households should spend no more than 30% of gross income on housing. Most landlords require monthly household income of at least 3x the monthly rent, and with a median rent of $1,571 per month in Indianapolis, IN, renters typically need to show $4,713 per month in gross income to qualify. Actual affordability will vary depending on household debts, other living expenses, and overall budget.
Is it more affordable to rent or buy in Indianapolis, IN?
In Indianapolis, IN, the price-to-rent ratio is 13.8, which generally favors renting. This ratio divides the median home price by the annual median rent: below 15 typically favors buying, 15 to 20 is balanced, and above 20 typically favors renting. Your finances, how long you plan to stay, and costs like mortgage rates, taxes, and maintenance all factor into the decision.
What neighborhoods in Indianapolis, IN are best for renting a home?
The best neighborhood for renting in Indianapolis, IN depends on your priorities: commute, walkability, budget, and lifestyle all play a role. Popular areas for renting a home include Chatham Arch, Market East, Saint Joseph Historic Neighborhood, North Meridian and Old Northside, each with its own character and price range.

Rental Home Trends

Number of Homes for Rent
1,951
Median Rent
$1,571
Median Single Family Home Rent
$1,685
Median Townhouse Rent
$1,250
Median Condo Rent
$1,450
How to Rent a Home