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Studio Apartments for Rent in Indianapolis, IN

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    $1,256 - $2,404 per month

    Rise on Meridian

    Studio - 2 Beds

    915 S Meridian St, Indianapolis, IN 46225

    The sky’s the limit at Rise on Meridian. Details that heighten your every sense. Spacious rooms that raise eyebrows. And gathering places that raise spirits. Rise is your home base to all the vibrancies downtown Indy has to offer. This is more than luxury living. This is your best life.

    915 S Meridian St, Indianapolis, IN 46225
  • /80

    $1,229 - $3,835 per month

    Industry Indianapolis

    Studio - 2 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

    421 N Pennsylvania St, Indianapolis, IN 46204
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    $550 - $1,425 per month

    Vivio on Tenth

    Studio - 4 Beds

    1717 W 10th St, Indianapolis, IN 46222

    Welcome home to Vivio on Tenth in Downtown Indianapolis, Indiana! Our community is walking distance from IU Indianapolis and Purdue University in Indianapolis, IU Health Methodist Hospital, VA Medical Center, Riley Children's Hospital and Eskenazi Health with a short commute to Ulndy, Butler, Marian and Ivy Tech. We feature individual leases on studios and 1 bedroom apartments and by-the-bedroom

    1717 W 10th St, Indianapolis, IN 46222
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    $1,395 - $3,095 per month

    The Coil

    Studio - 2 Beds

    6349 N College Ave, Indianapolis, IN 46220

    Chic floor plans. Upscale amenities. Unrivaled location. You get this and so much more at The Coil Apartments in Indianapolis. Located in one of Indy’s most desirable and vibrant neighborhoods, Broad Ripple Village, The Coil is where luxury meets modernity. With a variety of designer studio, one- and two-bedroom apartments and lofts boasting premium, upscale finishes, The Coil offers a lifestyle

    6349 N College Ave, Indianapolis, IN 46220
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    $896 - $1,443 per month

    Lake Castleton

    Studio - 2 Beds

    7601 Carlton Arms Dr, Indianapolis, IN 46256

    Welcome to Lake Castleton Apartment Homes Allow us to captivate you in the relaxing and beautiful home at Lake Castleton. Choose from the studio, one, and two-bedroom floor plans and relax in a home filled with comforts and conveniences that make it hard to ever leave. You are our community's future. We commit to exceeding your expectations every single day with the highest level of Service.

    7601 Carlton Arms Dr, Indianapolis, IN 46256
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    $1,340 - $2,060 per month

    ARLO Apartments

    Studio - 3 Beds

    5945 Arlo Dr, Indianapolis, IN 46237

    Thank you for your interest in ARLO Apartments, Franklin Township’s premier luxury community. Conveniently located on Arlington Avenue between Stop 11 and County Line Road, ARLO offers a variety of studio, one-, two-, and three-bedroom apartment homes thoughtfully designed with your lifestyle in mind.Each apartment showcases modern features, including quartz countertops, stainless steel

    5945 Arlo Dr, Indianapolis, IN 46237
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    $829 - $1,599 per month

    Kingston Square Apartments

    Studio - 3 Beds

    7171 Twin Oaks Dr, Indianapolis, IN 46226

    Million dollar upgrades inside and out means you will Live Life Better at Kingston Square in Indianapolis! Meet your neighbors and entertain your friends in the newly remodeled clubhouse. Stay fit with a weight training or cardio regime in the all new fitness center. Keep the children active at the huge, new playground and well-educated in Indianapolis Public Schools.From your new home you’ll

    7171 Twin Oaks Dr, Indianapolis, IN 46226
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    $799 - $1,700 per month

    Spanish Oaks

    Studio - 3 Beds

    3645 Wingate Ct, Indianapolis, IN 46235

    Spanish Oaks offers 1,2 and 3 bedroom apartments and townhomes to meet anyone’s needs and providing something for everyone. Conveniently located on Indianapolis’ east side, Spanish Oaks is just minutes away from I-465/I-70, shopping centers, various dining options, and fitness facilities. With a variety of layouts and sizes, each home has an abundance of natural light with a neutral color palette

    3645 Wingate Ct, Indianapolis, IN 46235
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    $1,255 - $7,285 per month

    CityWay

    Studio - 3 Beds

    229 S Delaware St, Indianapolis, IN 46204

    CityWay has more than changed the vibe of downtown Indianapolis. Our apartments, townhomes, retail selections, art infused boutique hotel and state of the art YMCA offer something new thats never been offered in Indianapolis before. CityWay is a walk in the park on the way to a charming boutique. Its a cafe that opens early, a store where they know your name and your favorite color. A night spot

    229 S Delaware St, Indianapolis, IN 46204
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    $1,130 - $3,064 per month

    Circa Apartments

    Studio - 3 Beds

    617 N College Ave, Indianapolis, IN 46204

    Located in the Chatham-Arch Historic District, a bright brick and yellow façade welcomes you home, where four new buildings feature an assortment of chic studio, one-, two- and three-bedroom apartment homes. Circa Apartments lie just south of Mass Ave, one of the most exciting and eclectic areas of downtown Indianapolis. Inside each residence, designer wood-style flooring flows throughout the

    617 N College Ave, Indianapolis, IN 46204
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    $1,390 - $2,390 per month

    Ardmore Apartments

    Studio - 1 Bed

    231 N Pennslvania Ave, Indianapolis, IN 46204

    One of the most desirable downtown Indianapolis addresses. Distinctive, living designed and carefully curated to appeal to discerning tastes. Near Ardmore you’ll find the neighborhood’s Needler's Food Market®, Shake Shack, Sweet Green, Los Arroyos, and access to the Cultural Trail, Old National Center as well as exclusive services and amenities right outside your front door. There’s no place in

    231 N Pennslvania Ave, Indianapolis, IN 46204
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    $869 - $1,789 per month

    Reflections Apartments

    Studio - 3 Beds

    7999 Silverleaf Dr, Indianapolis, IN 46260

    Reflections Apartment Homes in northwest Indianapolis offers a variety of studio, one-, two-, and three-bedroom homes with modern perks like all-electric kitchens, in-unit washers and dryers, renovated interiors with hardwood and carpet floors, oversized closets, and private balconies or patios. Residents can take advantage of upscale amenities such as two sparkling pools with sun decks, a

    7999 Silverleaf Dr, Indianapolis, IN 46260
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    $1,072 - $5,612 per month

    Artistry Indy

    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

    451-475 E Market St, Indianapolis, IN 46204
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    $1,376 - $2,716 per month

    Cosmopolitan on the Canal

    Studio - 2 Beds

    310 W Michigan St, Indianapolis, IN 46202

    Are you searching for a lifestyle in an apartment community you cannot get anywhere else in Indiana? Maybe you desire jaw-dropping views that no other apartments can offer in Downtown Indianapolis? Then again, maybe you want to live inside the hottest cultural district the city has to offer. Cosmopolitan on the Canal, a Flaherty & Collins Properties development, is the answer. Cosmopolitan offers

    310 W Michigan St, Indianapolis, IN 46202
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    $800 - $1,345 per month

    The Hub at Nora

    Studio - 2 Beds

    9000 N College Ave, Indianapolis, IN 46240

    The new Hub at Nora Apartments in Indianapolis, IN offers studios, one and two-bedroom floor plans and two-bedroom townhomes. The community is tucked away from the hustle and bustle while within walking distance to the Monon Trail, Starbucks, Target, and provides easy access to 86th St, Meridian St, and I-465.You will be excited to see major renovations and improvements underway. Choose from

    9000 N College Ave, Indianapolis, IN 46240
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    $1,199 - $2,075 per month

    Gathyr Apartments

    Studio - 2 Beds

    1117 E Market St, Indianapolis, IN 46202

    New Apartments That Balance Neighborhood Life And Downtown Living. Gathyr Apartments is a community that strikes a balance of all your favorite things. It offers modern design and amenities full of convenience and connects back to the historic Holy Cross neighborhood. Catch the best sunsets at Highland Park or from our rooftop patio. Walk to local breweries like Sun King or grab pizza next door.

    1117 E Market St, Indianapolis, IN 46202
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    $1,207 - $2,561 per month

    Nook Nine

    Studio - 3 Beds

    9433 Avant Ave, Indianapolis, IN 46240

    Nook Nine Apartments now offers modern studio, 1-bedroom, 2-bedroom, and 3-bedroom apartments in Indianapolis, IN. Nestled in a prime location in the far Northside, near Carmel, Nook Nine combines stylish design with upscale amenities, creating a vibrant living experience just minutes from downtown Indianapolis. Residents can enjoy spacious floor plans, a state-of-the-art fitness center,

    9433 Avant Ave, Indianapolis, IN 46240
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    $1,059 - $1,899 per month

    The Manning Apartment Homes

    Studio - 3 Beds

    8101 Laguna Dr, Indianapolis, IN 46260

    The Manning Apartments offers a modern and sophisticated living experience in the heart of Indianapolis, Indiana. Our thoughtfully designed one-, two-, and three-bedroom apartments feature spacious layouts, upscale finishes, and contemporary touches like gourmet kitchens, large closets, and private balconies or patios.Enjoy access to premier amenities, including a resort-style pool,

    8101 Laguna Dr, Indianapolis, IN 46260
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    $1,264 - $2,250 per month

    The Stella

    Studio - 2 Beds

    1827 N Meridian St, Indianapolis, IN 46202

    The Stella offers modern studio, one-, and two-bedroom apartments with stainless steel appliances, granite countertops, and in-unit washers and dryers.

    1827 N Meridian St, Indianapolis, IN 46202
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    $1,299 - $2,249 per month

    Wesmont

    Studio - 2 Beds

    1515 Lewis St, Indianapolis, IN 46202

    Choose to live your best life at Wesmont! Our luxury apartments in Indianapolis allow you to reside in comfort and sophistication while exploring the unique and dynamic culture of Downtown Indianapolis. Superior amenities, resort inspired services, and a well-connected address allow you to indulge in all the urban conveniences you want without giving up on the peace and quiet you deserve.

    1515 Lewis St, Indianapolis, IN 46202
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    $770 - $3,615 per month

    The Boardwalk at Westlake Apartments and T...

    Studio - 3 Beds

    6000 W Lake South Dr, Indianapolis, IN 46224

    Welcome home to The Boardwalk at Westlake. Our beautiful family-oriented apartment home community is situated in Indianapolis, Indiana. We are located near a variety of local shopping, dining, and entertainment choices for your convenience. Interstates 74 and 465 are your gateways to all Marion County has to offer. The Boardwalk at Westlake presents apartment homes that have been designed with a

    6000 W Lake South Dr, Indianapolis, IN 46224
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    $1,669 - $5,803 per month

    220 Meridian

    Studio - 3 Beds

    220 N Meridian St, Indianapolis, IN 46204

    Welcome to 220 Meridian, where modern luxury meets urban convenience in the heart of our Downtown Indianapolis apartments. 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 storageperfect for the lifestyle you want.Set just north

    220 N Meridian St, Indianapolis, IN 46204
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    $1,368 - $2,470 per month

    Ironworks at Keystone

    Studio - 2 Beds

    2727 E 86th St, Indianapolis, IN 46240

    Ironworks at Keystone is a five-story development including an exciting mix of street-level restaurants & shops and 120 luxury residential apartments. Enduring all-brick architecture and our modern studios and 1 or 2 bedroom residential units meet incredible convenience in this distinct new development. Impressive interior finishes, on site dining, underground private parking and close proximity

    2727 E 86th St, Indianapolis, IN 46240
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    $839 - $1,509 per month

    Broad Ripple Trails

    Studio - 3 Beds

    5220 Luzzane Ln, Indianapolis, IN 46220

    Our 1, 2, and 3 bedroom apartment homes are located in the heart of Broad Ripple Village. These recently updated apartment homes are within walking distance of shopping, dining and entertainment and offer an easy commute to downtown Indianapolis. Check out our spacious two- and three-bedroom Townhomes with brand new quartz countertops and new energy efficient windows!

    5220 Luzzane Ln, Indianapolis, IN 46220
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    $769 - $1,525 per month

    Harrison Point Apartments

    Studio - 3 Beds

    9093 Bourbon St, Indianapolis, IN 46235

    The two-bedroom apartment at Harrison Point Apartments offers a contemporary and stylish living space with beautiful vinyl flooring that adds a touch of elegance and easy maintenance. Upgraded appliances in the kitchen provide a convenient and modern cooking experience for residents, ensuring their culinary needs are met with ease.The central air system keeps the entire apartment cool and

    9093 Bourbon St, Indianapolis, IN 46235
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    $1,430 - $2,290 per month

    Slate Apartments

    Studio - 2 Beds

    501 Virginia Ave, Indianapolis, IN 46203

    Welcome to Slate Apartments, located on Virginia Ave, where modern living meets convenience and style! Our community offers a variety of spacious and thoughtfully designed studio, one-bedroom, and two-bedroom apartments. Skyline views of Downtown Indianapolis, kitchen islands with waterfall countertops, stainless steel appliances, washer and dryer, and large balconies are some of the apartment

    501 Virginia Ave, Indianapolis, IN 46203
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    $791 - $1,337 per month

    Mariners Village

    Studio - 2 Beds

    7135 Islander Dr, Indianapolis, IN 46214

    We are located by Eagle Creek Park and are right off of I-65 and I-465. Our desirable studio, one-bedroom and two-bedroom apartments feature stunning views and an open layout. When you choose Mariners Village for your new home, you are getting a thoughtfully designed living space, exceptional amenities, modern conveniences and are close to shopping districts!

    7135 Islander Dr, Indianapolis, IN 46214
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    $1,399 - $4,037 per month

    The Grounds

    Studio - 3 Beds

    2136 Central Ave, Indianapolis, IN 46202

    Ready to elevate your lifestyle to a higher standard of luxury? Welcome to The Grounds, a brand-new community of luxury studio to three-bedroom apartment homes offering an unparalleled rental experience. Nestled in the vibrant Herron-Morton Place neighborhood, our exclusive residences place you steps from the energy of Downtown Indianapolis. Blending history with modern touches, each apartment is

    2136 Central Ave, Indianapolis, IN 46202
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    $1,125 - $2,364 per month

    Wesley Place

    Studio - 2 Beds

    75 W 18th St, Indianapolis, IN 46202

    Wesley Place Apartments brings modern luxury apartment living to one of the most dynamic and active areas of metropolitan Indianapolis. Offering 244 beautifully cultivated apartments near Northside Indianapolis, this walkable and well-connected community has it all. Convenient to some of the most enviable areas in Indianapolis, including the Central Canal Walk, the Indianapolis Cultural Trail,

    75 W 18th St, Indianapolis, IN 46202
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    $1,190 - $2,557 per month

    Vanguard at 16 Tech

    Studio - 2 Beds

    1410 Breedlove Ln, Indianapolis, IN 46202

    Come enjoy Indianapolis living at Vanguard at 16 Tech. The 1410 Breedlove Lane location in the 16 Tech neighborhood of Indianapolis has much to offer its residents. The professional leasing staff will assist you in finding your dream apartment. Give us a call now to learn more about our community!

    1410 Breedlove Ln, Indianapolis, IN 46202
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    $1,158 - $3,790 per month

    Riley Towers

    Studio - 3 Beds

    650 N Alabama St, Indianapolis, IN 46204

    RILEY TOWERS DEFINES GRACEFUL LIVING...You will enjoy breathtaking views of the skyline, the conveniences and service of a luxury community, and a great downtown location that connects you to the pulse of the city. Comfort affordability and quality are the rewards of Riley Towers. We invite you to discover the difference today.

    650 N Alabama St, Indianapolis, IN 46204
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    $1,292 - $2,489 per month

    Lockerbie Lofts

    Studio - 2 Beds

    640 E Michigan St, Indianapolis, IN 46202

    Lockerbie Lofts offers residents a home in the heart of it all. Our Downtown Indianapolis apartments incorporate cutting-edge design, luxe amenities, and a location that can’t be beat. With a selection of luxury studio, one and two-bedroom apartments for rent, Lockerbie Lofts offers residents open concept floor plans, contemporary finishes, and thoughtfully designed amenities in the heart of the

    640 E Michigan St, Indianapolis, IN 46202
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    $1,349 - $2,949 per month

    The Edge

    Studio - 3 Beds

    1835 Edge Blvd, Indianapolis, IN 46240

    The Edge Apartments opened in 2024 and since then has become synonymous with luxury apartment living here in Indianapolis. From roomy floor plans ranging from 590 Sq. Fts to 1607 Sq. Fts, to a wide array of community amenities, we’re building one of the premier living communities in Indianapolis, and we want you to join us.

    1835 Edge Blvd, Indianapolis, IN 46240
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    $919 - $1,299 per month

    Fishermans Village

    Studio - 2 Beds

    2975 Coast Dr, Indianapolis, IN 46214

    Fisherman's Village Apartments in Indianapolis, IN are three miles from Clermont and less than five miles from I-74 and I-465. Most apartments have private patios/balconies, all-electric kitchens with breakfast bars, walk-in closets, and lake/lagoon views. Pet-friendly community features a 24-hour fitness center, swimming pool, available covered parking, 60-acre fishing/boating lake and two

    2975 Coast Dr, Indianapolis, IN 46214
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    $1,459 - $3,614 per month

    Axis

    Studio - 2 Beds

    401 N Senate Ave, Indianapolis, IN 46204

    Welcome to Axis, a residential community featuring studio, one, and two-bedroom apartments in Indianapolis, IN. Spacious layouts and amenities welcome you home, along with exceptional service and an ideal location within walking distance to shopping, dining, and entertainment options. Are you looking for an apartment for rent in Indianapolis, IN? Contact our friendly, professional office staff to

    401 N Senate Ave, Indianapolis, IN 46204
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    $999 - $1,324 per month

    River West Flats

    Studio - 2 Beds

    1150 N White River Pkwy West Dr, Indianapolis, IN 46222

    Downtown Living with Suburban Amenities at River West Flats Welcome to the Indianapolis Downtown West! River West Flats offers a convenient location just blocks away from The Canal and White River State Park cultural district, major downtown hospitals, and IUPUI. Make your home here with ample parking included, free shuttle service to and from downtown Indianapolis, then take a convenient bike

    1150 N White River Pkwy West Dr, Indianapolis, IN 46222
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    $1,500 - $2,942 per month

    Quarry at River North

    Studio - 2 Beds

    8901 River Crossing Blvd, Indianapolis, IN 46240

    Quarry at River North is a luxury apartment community located north of downtown Indianapolis in the Keystone Crossing area. We offer studio, one bedroom, and two bedroom apartment homes. Check out our available floorplans. Our community offers a large variety of high end amenities including a 24/7 wellness center with a Fitness on Demand studio, an active lawn, cycle storage, media room, swimming

    8901 River Crossing Blvd, Indianapolis, IN 46240
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    $1,458 - $3,746 per month

    Pulliam Square

    Studio - 2 Beds

    152 E New York St, Indianapolis, IN 46204

    Pulliam Square is a luxury apartment community located in the heart of Downtown Indianapolis, just steps from Mass Ave and Monument Circle. Pulliam Square features modern studio, 1, and 2-bedroom apartments in a location second to none. With a Walk Score of 98, there is a plethora of shopping, dining, and entertainment options just outside your door. Residents also have easy access to interstates

    152 E New York St, Indianapolis, IN 46204
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    $1,235 - $4,167 per month

    Versa

    Studio - 3 Beds

    6220 Guilford Ave, Indianapolis, IN 46220

    Broad Ripple embraces its reputation for being socially, economically, artistically and ethnically diverse. From one direction you see the vivid nightlife scene. From the other, the peaceful and relaxing view of family life and single-family homes. Versa, was inspired by just that. A play on the phrase “vice versa”, our community is the contrast of two worlds and the tale of two stories. It

    6220 Guilford Ave, Indianapolis, IN 46220
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    $665 - $1,370 per month

    5700 Madison Apartments & Edgewood on Madison

    Studio - 2 Beds

    5757 Madison Ave, Indianapolis, IN 46227

    ***ONLINE VIRTUAL TOURS*** offered. Experience our amazing residences virtually in 3D and high definition video. View floorplans, amenities, local attractions and more CONVENIENTLY FROM HOME. Call or message today to schedule! A.R. BUILDING GUARANTEE * IF READING ONLINE OR WHILE TAKING POSSESSION OF A UNIT, WE GUARANTEE YOU IF THERE’S ANY MISREPRESENTATION AND YOU ARE UNSATISFIED, WE WILL

    5757 Madison Ave, Indianapolis, IN 46227

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Why Live in Indianapolis

Indianapolis combines premier cultural attractions with affordable living costs. The Indianapolis Cultural Trail connects visitors to destinations like the Children's Museum of Indianapolis, the largest children's museum globally, and the prestigious Indianapolis Motor Speedway Museum. Nature lovers frequent Eagle Creek Park, one of America's largest municipal parks, along with the scenic Canal Walk for paddling and cycling. The dining scene features iconic establishments like St. Elmo Steak House, known for its fiery shrimp cocktail, and creative farm-to-table spots like Bluebeard.

The housing market presents diverse options across price points. The median sale price for homes in Indianapolis is $250,000. Single family homes in desirable areas like Meridian Kessler command a median price of $480,000, while more affordable options exist in Irvington with a median of $243,500. Broad Ripple, known for its arts scene, has a median single family home price of $350,000. Condominiums provide another option, with one bedroom units at a median of $207,000 and two bedrooms at $205,000.

Indianapolis maintains a cost of living 10.9% below the national average. A family with school age children needs approximately $95,000 annually to live comfortably, while renters require about $52,000. Property taxes stand at 0.93% in Marion County, lower than many major cities. The state income tax rate is 3.00% with an additional 2.02% local income tax for Marion County residents.

The education system includes excellent options like Park Tudor School and Cathedral High School, both rated A+ by Niche. Major universities include Butler University and Indiana University Purdue University Indianapolis. The city's grid layout and Interstate 465 beltway facilitate easy navigation, while the IndyGo bus system and Red Line provide public transit options.

Frequently Asked Questions

What are the most popular neighborhoods in Indianapolis, IN for renters?
The most popular neighborhoods in Indianapolis, IN for renters are Lockerbie Square, Renaissance Place, Cole-Noble, Fletcher Place and North Meridian.
What are the most popular zip codes in Indianapolis, IN for renters?
The most popular zip codes in Indianapolis, IN for renters include 46202, 46204, 46203, 46208 and 46222.
How to Rent a Home