Studio Apartments for Rent in Indianapolis, IN

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  $1,295 - $3,295 per month

  The Coil

  Studio - 2 Beds

  6349 N College Ave, Indianapolis, IN 46220

  The Coil Apartments in Broad Ripple Village offer chic, modern living in one of Indianapoliss most vibrant neighborhoods. Choose from designer studio, one-, and two-bedroom apartments and lofts featuring wood-style plank flooring, floor-to-ceiling windows, smart home security, and chef-inspired kitchenscreating the perfect blend of elegance and comfort.Beyond your home, enjoy resort-style

  6349 N College Ave, Indianapolis, IN 46220
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  $699 - $1,632 per month

  The Meridian North and South

  Studio - 3 Beds

  2085 Waterford Place, Indianapolis, IN 46260

  Create your dream life at The Meridian North and South! Our newly-renovated spacious one, two, and three-bedroom Indianapolis apartments for rent offer everything you need. Discover our pet-friendly community with custom features including, open floor plans, chef-inspired kitchens, private patios, balconies, and more. Enjoy amenities designed with you in mind, like our brand new fitness center,

  2085 Waterford Place, Indianapolis, IN 46260
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  $725 - $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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  $1,261 - $2,474 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
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  $725 - $2,952 per month

  The Boardwalk at Westlake Apartments and Townhomes

  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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  $799 - $1,449 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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  $896 - $1,542 per month

  Lake Castleton Apartments

  Studio - 2 Beds

  7601 Carlton Arms Dr, Indianapolis, IN 46256

  Discover the perfect blend of comfort and convenience at Lake Castleton Apartments in Indianapolis, Indiana. Nestled within a scenic lakeside setting, our spacious studio, one, and two bedroom apartments feature open layouts, private patios or balconies, fully equipped kitchens, and serene pond or courtyard views.Residents enjoy a complete lifestyle experience with a resort-style swimming pool,

  7601 Carlton Arms Dr, Indianapolis, IN 46256
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  $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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  $1,340 - $2,100 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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  $824 - $1,821 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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  $1,299 - $3,617 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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  $1,059 - $1,969 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

  8101 Laguna Dr, Indianapolis, IN 46260
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  $1,175 - $2,279 per month

  Riverview

  Studio - 2 Beds

  460 N White River Pkwy Dr W, Indianapolis, IN 46222

  Riverview Apartments is where modern living meets the energy of Downtown Indianapolis! Located along the scenic White River, our community offers studio, one, and two-bedroom apartments, featuring hardwood-style floors and quartz countertops for a modern touch. You'll enjoy plenty of perks right at home, including a vibrant clubhouse with free Wi-Fi, perfect for remote work, and a 24-hour fitness

  460 N White River Pkwy Dr W, Indianapolis, IN 46222
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  $1,390 - $1,876 per month

  The E'Laan

  Studio - 2 Beds

  515 E Market St, Indianapolis, IN 46204

  Welcome to The E’Laan, a residential community featuring studio, one and two bedroom apartments in Downtown 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 Indianapolis, IN? Contact our friendly, professional

  515 E Market St, Indianapolis, IN 46204
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  $1,405 - $6,271 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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  $1,282 - $3,194 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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  $1,199 - $1,599 per month

  Residence on Penn

  Studio - 2 Beds

  2801 S Pennsylvania St, Indianapolis, IN 46225

  ** Special offer available - 2 MONTHS FREE **Brand New Modern Apartments!Move into a brand new, never-lived-in apartment featuring high ceilings, in-unit washer & dryer, and all appliances included. Enjoy the convenience of a lighted parking lot and a secured building with security cameras and a ButterflyMX entry system for added safety.Pet-friendly! We welcome pets with a

  2801 S Pennsylvania St, Indianapolis, IN 46225
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  $895 - $3,300 per month

  9 On Canal

  Studio - 3 Beds

  335 W 9th St, Indianapolis, IN 46202

  Our spacious apartment homes feature gourmet kitchens with high-end finishes, luxurious bathrooms, and expansive closets with custom built-in shelving, providing abundant storage. Step onto your private balcony and take in breathtaking panoramic views of the picturesque canal and the vibrant Downtown Indianapolis skyline.Beyond your exquisite apartment, indulge in our premier amenities.

  335 W 9th St, Indianapolis, IN 46202
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  $899 - $1,469 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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  $819 - $1,599 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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  $954 - $6,642 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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  $725 - $1,499 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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  $1,404 - $2,557 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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  $1,389 - $2,471 per month

  River Place Flats

  Studio - 3 Beds

  5705 Apex Dr, Fishers, IN 46250

  Experience elevated living at River Place Flats, a brand-new luxury community in vibrant Fishers, IN offering pet-friendly studio, one-, two-, and three-bedroom apartments with sleek finishes like quartz countertops, stainless-steel appliances, and in-unit washers and dryers. Nestled just off 96th & Allisonville along the White River, this thoughtfully designed neighborhood features a saltwater

  5705 Apex Dr, Fishers, IN 46250
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  $1,224 - $2,336 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 - $2,190 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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  $1,145 - $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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  $1,299 - $1,995 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. Enjoy premium amenities like a rooftop deck, pool, fitness center, and pet park—all just 1.5 miles from Monument Circle. Schedule a tour today!

  1827 N Meridian St, Indianapolis, IN 46202
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  $1,310 - $6,059 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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  $716 - $1,203 per month

  Mariners Village Apartments

  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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  $919 - $1,579 per month

  Ninth Avenue Apartments

  Studio - 3 Beds

  4651 Mimi Dr, Indianapolis, IN 46237

  Ninth Avenue Apartments in Beech Grove (south Indianapolis) offers renovated studio, one-, two-, and even three-bedroom homes with modern conveniences like all-gas kitchens with breakfast bars, in-unit washer/dryer or hookups, walk-in closets, and private balconies or patios. Residents enjoy a full suite of amenities including a shimmering pool, 24-hour fitness center, on-site laundry, bark park,

  4651 Mimi Dr, Indianapolis, IN 46237
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  $1,104 - $2,675 per month

  Shore Acres

  Studio - 3 Beds

  1101 Westfield Ct W, Indianapolis, IN 46220

  Shore Acres of Broad Ripple Apartments is a charming community nestled in the popular, eclectic Broad Ripple neighborhood. Our unique studio, one-, two-, and three-bedroom apartment homes are detailed with artfully designed features and graced by lush, well-tended landscaping. Enjoy our large pool with sundeck and your direct access to the Monon Trail, leading you to first-class shopping, dining,

  1101 Westfield Ct W, Indianapolis, IN 46220
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  $1,149 - $2,139 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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  $1,304 - $2,299 per month

  AYR Apartments

  Studio - 2 Beds

  6160 N Rural St, Indianapolis, IN 46220

  Step inside AYR to discover sophisticated interiors that complement the dynamic external culture at your fingertips. AYR is less than five minutes from Broad Ripple, meaning you can enjoy the area’s thriving art scene and culture, diverse nightlife, and a variety of restaurants, cafes, and shops offering unique culinary and shopping experiences. Being situated between downtown and the north side

  6160 N Rural St, Indianapolis, IN 46220
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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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  $999 - $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 where modern design, historic charm, and convenient living come together. Located in the vibrant Holy Cross neighborhood of Indianapolis, Gathyr strikes a perfect balance between the energy of downtown life and the comfort of a connected community. Our beautifully crafted studio, one-, and two-bedroom

  1117 E Market St, Indianapolis, IN 46202
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  $1,269 - $5,067 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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  $1,200 - $2,557 per month

  Vanguard at 16 Tech

  Studio - 2 Beds

  1410 Breedlove Ln, Indianapolis, IN 46202

  Vanguard at 16 Tech offers brand-new luxury apartments in one of Indianapolis's most dynamic neighborhoods. With sleek, modern layouts ranging from studios to two-bedroom apartments, your home features high-end finishes, open-concept designs, and abundant natural light. Step outside your door and enjoy walkable access to the White River Trail, fine arts, riverside greenways, and evolving local

  1410 Breedlove Ln, Indianapolis, IN 46202
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  $1,500 - $4,395 per month

  360 Market Square

  Studio - 3 Beds

  360 E Market St, Indianapolis, IN 46204

  Luxury hits new heights! On the site of the former iconic Market Square Arena, 360 Market Square has risen on the same hallowed ground to become a 28-story mixed-use development. Featuring 292 luxury studio, one and two bedroom apartments. 360 Market Square also includes a 40,000 square foot Whole Foods Market™, and a 525-space parking garage.

  360 E Market St, Indianapolis, IN 46204
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  $1,275 - $2,500 per month

  The Leo

  Studio - 2 Beds

  748 Bates St, Indianapolis, IN 46202

  Welcome to The Leo Apartments, where urban living meets unmatched sophistication in downtown Indianapolis. Our studio, 1-bedroom, and 2-bedroom apartment homes feature upscale finishes and modern amenities. With unparalleled views of downtown Indianapolis, our apartments offer a breaktaking backdrop to your city lifestyle. Conveniently located within walking distance of downtown's favorite

  748 Bates St, Indianapolis, IN 46202

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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.

Learn more about living in Indianapolis

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, Market East, North Meridian, Near Northside and Fountain Square.

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, 46205, 46203 and 46225.