| STUDIO | $1,215+ |
| STUDIO | $780+ |
Rental prices in Downtown Indianapolis, Indianapolis, IN have decreased by 4.36% over the past year. The average rent moved from $1,300 to $1,244.
Check out the average rent in Indianapolis.
The national average price of rental apartments is $1,741, while the average monthly rent in Downtown Indianapolis, Indianapolis, IN is $1,244.
The average monthly rent for an apartment in Downtown Indianapolis, Indianapolis, IN is around $1,244.
A share of 11% of apartments in Downtown Indianapolis, Indianapolis, IN have the cheapest rents between ≤ $1000. Around 1% of rentals are $2,001-$2,500. Around 76% of Downtown Indianapolis's apartments have monthly rents between $1,001-$1,500. There are 11% of apartments with rents between $1,501-$2,000.
The largest share of rentals in Downtown Indianapolis, Indianapolis, IN (76%) fall between $1,001-$1,500 per month. This suggests that most people succesfully find suitable apartments within this price.
There are 9 studio rentals available on RentCafe. Prices and availability in Downtown Indianapolis, Indianapolis, IN were last updated on 25 Feb 2026.
The average Downtown Indianapolis, Indianapolis, IN studio apartment size is 615 sq. ft.
Studio apartments in Downtown Indianapolis, Indianapolis, IN tend to be more affordable than other apartments and they have lower utility costs.
One of the downsides of living in a studio apartment is the limited storage space.
In total, Downtown Indianapolis, Indianapolis, IN has 18,036 residents, 7,961 women and 10,075 men, per U.S. Census recent estimates. Statistics show that the median age of Downtown Indianapolis’s population is 31.
There is a total of 9,393 households in Downtown Indianapolis, Indianapolis, IN. Of these, 509 have children and 8,884 are without children. Per Census Bureau’s most current estimates, 1,993 family households and 7,400 non-family households live in this area. The size of a household in Downtown Indianapolis is 1.14 people, on average. The median household annual income in Downtown Indianapolis equals $61,082, and the monthly housing costs equal $1,320.
According to data from the U.S. Census Bureau, 2% of the population in Downtown Indianapolis, Indianapolis, IN have no high school education, 25% went to high-school, and 14% have partially completed college. Moreover, 3% of the population hold an Associate Degree, 35% hold a Bachelor Degree, and 20% hold a Graduate Degree.
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