Save This Search

Luxury Apartments for Rent in Downtown Indianapolis, Indianapolis, IN

233 Rentals Available
Luxury Apartments for Rent in Downtown Indianapolis, Indianapolis, IN. 233 Rentals Available
  • a living room with a white couch and a view of the city
    Today

    220 N. Meridian St., Indianapolis, IN 46204
    STUDIO $1,620+
    1 BED $1,960+
    2 BEDS $2,535+
  • a living room with a couch and a chair and a tv
    Today

    718 E Georgia Street, Indianapolis, IN 46202
    STUDIO Ask for pricing
    1 BED $1,324+
    2 BEDS $2,076+
  • a living room and kitchen with a couch and a table
    Today

    307 N Pennsylvania St, Indianapolis, IN 46204
    STUDIO $1,260+
    1 BED $1,509+
    2 BEDS $2,200+
  • a living room with a couch and a table
    Today

    229 S. Delaware St., Indianapolis, IN 46204
    1 BED $1,225+
    2 BEDS $1,760+
    3 BEDS $2,655+
  • a living room with a couch and a television
    Today

    923 N Meridian St, Indianapolis, IN 46204
    STUDIO $1,125+
    1 BED $1,355+
    2 BEDS $1,719+
  • Renting has its Rewards
    Start earning points to redeem on travel, experiences, gift cards, live events, and more!
    Earn points for:
    Internet and Entertainment
    Utilities
    Insurance
    Learn more
  • a rendering of a new building on the corner of a parking lot
    Today

    748 Bates Street, Indianapolis, IN 46202
    STUDIO $1,250+
    1 BED $1,531
    2 BEDS $2,121+
  • a living room with chairs and a round ottoman
    Today

    255 S. Mccrea Street, Indianapolis, IN 46225
    STUDIO $1,480+
    1 BED $1,355+
    2 BEDS $1,865+
  • kitchen in apartment
    Today

    747 N College Ave, Indianapolis, IN 46202
    STUDIO $1,753+
    1 BED Ask for pricing
    2 BEDS Ask for pricing
  • a living room with a couch and a table
    Today

    30 East Georgia St. Ste. C, Indianapolis, IN 46204
    STUDIO $1,215+
    1 BED $1,210+
    2 BEDS $1,515+
  • a living room with a white couch and a television
    Today

    459 Massachusetts Avenue, Indianapolis, IN 46204
    1 BED $1,267+
    2 BEDS $1,429+
  • a living room with a couch and a table
    Today

    531 Virginia Ave, Indianapolis, IN 46203
    1 BED $1,274+
    2 BEDS $1,681
  • Interactive banner rent
    What is your max rent budget?
  • a living room with a couch and chairs and a table
    Today

    902 N. Pennsylvania Street, Indianapolis, IN 46204
    1 BED $1,435+
    2 BEDS $1,409+
  • a kitchen with stainless steel appliances and wooden cabinets
    Today

    26 West Washington Street, Indianapolis, IN 46204
    1 BED $1,315+
  • a living room with a white couch and a fireplace
    Today

    434 Canal Ct S Dr, Indianapolis, IN 46202
    1 BED $1,239+
    2 BEDS $1,458+
  • the preserve at ballantyne commons apartment kitchen with stainless steel appliances
    Today

    615 N. East Street, Indianapolis, IN 46202
    1 BED $1,035+
  • a living room with couches and a table and windows
    Today

    632 Dr. Martin Luther King Jr., Indianapolis, IN 46202
    STUDIO $1,176
    1 BED $1,450
    2 BEDS $1,770+

  • More Rentals Near Downtown Indianapolis, Indianapolis, IN

  • a living room with a couch and a coffee table
    Today

    3801 N. Meridian St, Indianapolis, IN 46208
    1 BED $1,090+
    2 BEDS Ask for pricing
    3 BEDS $1,842+
  • Interactive banner bedroom
    How many bedrooms are you
    looking for?
  • a living room with a blue couch and pictures of dogs on the wall
    Today

    931 Fletcher Avenue, Indianapolis, IN 46203
    STUDIO Ask for pricing
    1 BED $1,692+
    2 BEDS $1,944+
  • a living room with couches and chairs and a table
    Today

    1233 Shelby St, Indianapolis, IN 46203
    1 BED $1,646+
    2 BEDS $2,319+
  • a living room with a kitchen and a couch and a table
    Today

    1224 Prospect Street, Indianapolis, IN 46203
    STUDIO $1,359+
    1 BED $1,469+
    2 BEDS $1,799+
  • a living room with a couch and a table
    Today

    2205 N Delaware Street, Indianapolis, IN 46205
    STUDIO $1,015+
    1 BED $1,300
    2 BEDS $1,690+
  • a blue house with two yellow doors
    Today

    2610 Winthrop Avenue, Indianapolis, IN 46205
    3 BEDS $1,300
    4 BEDS $1,600
  • a living room with a couch and a table
    Today

    2638 Cold Spring Manor Dr, Indianapolis, IN 46222
    1 BED $971+
    2 BEDS $916+
    3 BEDS Ask for pricing
  • a rendering of an apartment building with cars parked in a parking lot
    Today

    Bluff Crossing Apartments, Indianapolis, IN 46217
    1 BED $1,200
    2 BEDS $1,425
  • a dining room with a table and chairs and a kitchen
    Today

    4560 Ocean Street, Indianapolis, IN 46205
    1 BED $1,390
    2 BEDS $1,995
16-9-nhood
Nice work, you've checked out every rental here! Expand your search to find your happy place.

Save Search

Downtown Indianapolis, Indianapolis, IN rent trends

Rental prices in Downtown Indianapolis, Indianapolis, IN have increased by 1.36% over the past year. The average rent moved from $1,641 to $1,663.

Check out the average rent in Indianapolis.

The national average price of rental apartments is $1,750, while the average monthly rent in Downtown Indianapolis, Indianapolis, IN is $1,663.

Average rent in Downtown Indianapolis, Indianapolis, IN

$1,663/mo Downtown Indianapolis, Indianapolis, IN average rental price, March 2026
Image Average Rent

The average monthly rent for an apartment in Downtown Indianapolis, Indianapolis, IN is around $1,663.

    What's the typical rent budget in Downtown Indianapolis, Indianapolis, IN?

    A share of 2% of apartments in Downtown Indianapolis, Indianapolis, IN have the cheapest rents between ≤ $1000. Around 11% of rentals are $2,001-$2,500. Around 44% of Downtown Indianapolis's apartments have monthly rents between $1,001-$1,500. There are 36% of apartments with rents between $1,501-$2,000. A share of 4% of apartment rentals in Indianapolis are in the $2,501-$3,000 range. Meanwhile, 3% of apartment rentals in Indianapolis are in the > $3,000 range.

    The largest share of rentals in Downtown Indianapolis, Indianapolis, IN (44%) fall between $1,001-$1,500 per month. This suggests that most people succesfully find suitable apartments within this price.

    Getting around in Downtown Indianapolis, IN

    83 /100
    Very Walkable
    67 /100
    Good Transit
    99 /100
    Biker's Paradise
    Walk Score®: 83, Transit Score®: 67, Bike Score®: 99

    Frequently asked questions

    What is the price of a luxury apartment in Downtown Indianapolis, Indianapolis, IN?

    The price range for a luxury apartment in Downtown Indianapolis, Indianapolis, IN is between $1,030 and $5,557.

    How many luxury rentals are available in Downtown Indianapolis, Indianapolis, IN on RentCafe?

    There are 51 luxury rentals available on RentCafe. Prices and availability in Downtown Indianapolis, Indianapolis, IN were last updated on 14 Apr 2026.

    What is the average size of a luxury apartment in Downtown Indianapolis, Indianapolis, IN?

    The average Downtown Indianapolis, Indianapolis, IN luxury apartment size is 1,020 sq. ft.

    What are the advantages of renting a luxury apartment in Downtown Indianapolis, Indianapolis, IN?

    Renting a luxury apartment in Downtown Indianapolis, Indianapolis, IN comes with many amenities, more space and central locations.

    What are the downsides of renting a luxury apartment in Downtown Indianapolis, Indianapolis, IN?

    Luxury apartments tend to be more expensive and have higher utility bills.

    Downtown Indianapolis, Indianapolis, IN demographics

    • 18,479Total Population
    • 8,025 Female
      10,454 Male
    • 30.8Median Age

    In total, Downtown Indianapolis, Indianapolis, IN has 18,479 residents, 8,025 women and 10,454 men, per U.S. Census recent estimates. Statistics show that the median age of Downtown Indianapolis’s population is 30.8.

    Downtown Indianapolis, Indianapolis, IN households

    • 2,097 Family
      7,992 Non-family
    • 521 Children
      9,568 No Children
    • 10,089Total Number of Households
    • 1.65Average People Per Household
    • $63,506Median Household Income

    There is a total of 10,089 households in Downtown Indianapolis, Indianapolis, IN. Of these, 521 have children and 9,568 are without children. Per Census Bureau’s most current estimates, 2,097 family households and 7,992 non-family households live in this area. The size of a household in Downtown Indianapolis is 1.65 people, on average. The median household annual income in Downtown Indianapolis equals $63,506, and the monthly housing costs equal $1,357.

    Downtown Indianapolis, Indianapolis, IN education statistics

    According to data from the U.S. Census Bureau, 2% of the population in Downtown Indianapolis, Indianapolis, IN have no high school education, 22% went to high-school, and 14% have partially completed college. Moreover, 3% of the population hold an Associate Degree, 37% hold a Bachelor Degree, and 21% hold a Graduate Degree.

    Renting a luxury apartment in Downtown Indianapolis, Indianapolis, IN

    In Downtown Indianapolis, Indianapolis, IN you can find 25 modern buildings to choose from with as many as 233 high rise apartments. If you are looking for one of the best apartments in Downtown Indianapolis, Indianapolis, IN, Downtown Indianapolis, Indianapolis, IN is the perfect place to start looking. It might be useful to know that the average size of a Downtown Indianapolis, Indianapolis, IN apartment is about 1,104 Sqft, but it can vary according to property type. So, it doesn’t really matter what sort of property you desire. Whether you’re looking for a luxury studio apartment just for yourself, or a luxury townhome that you can share with your family, Downtown Indianapolis, Indianapolis, IN has them all. On average, luxury apartments in Downtown Indianapolis, Indianapolis, IN go for $1,988 with high end apartments renting for up to $5,925. If you’re looking for a more affordable price, you can find cheap luxury apartments priced from $916. Whether you’re looking to downsize, or if you prefer large apartments, one of the 233 is going to fit your style.

    The advantages of renting high rise apartments in Downtown Indianapolis, Indianapolis, IN

    High rise apartments are so popular because they give residents access to all the amazing amenities that these modern, state of the art properties offer. Fitness centers, roof-top decks, social lounges, on-site spa services, you name it, they’re part of the package! Your apartment complex will become a place where you can be active, comfortable and taken care of. Also, you won’t have to decorate or buy furniture, because these properties come already furnished. Don’t get caught up in appearances though! These properties might offer incredible interiors and lavish amenities, but there’s more than meets the eye. Renting a luxury apartment makes sense for many renters because they offer some major advantages, not the least of which is security. Most luxury communities usually have security gates and a doorman. In addition, some offer security systems in each unit, so your protection is always guaranteed.

    Finding a home nearby is easier than you think. Check out our Apartments Near Me page and take your pick!