Filter Your Search

Apartments for Rent in Indianapolis, IN

11,803 Apartments Available

  2. View the Top 10 Trending Apartments

Living in Indianapolis IN

Indianapolis is known as the home of the Indy 500, one of the biggest races for both IndyCar and NASCAR, and the largest single-day sporting event in the world. Indiana University–Purdue University Indianapolis is also located in the city. With pastoral escapes, quiet suburban areas, and lively city districts, Indianapolis offers the best of worlds with a charming Midwest feel and urban experience. Rental options range from modern apartments to single-family houses in quaint architectural styles including Four Squares and Tudors. The cost of living in Indianapolis is relatively affordable, with housing costs being lower than the national average, making it an attractive option for renters.

Moving to the Area

Thinking about moving to Indianapolis? The cost of living in Indianapolis is slightly higher than the Indiana average, but about 10% lower than the national average. This region offers housing that is 23% lower than the national average, making Indianapolis rentals affordable.

Lifestyle

Indianapolis takes pride in its annual events and celebrations. Living in this metropolitan area, you'll enjoy events dedicated to sports, history, and the arts. Indianapolis is home to the Brickyard 400 (since 1994) and the Indianapolis 500 (since 1911). Indy has walking trails and bike lanes, and the city provides bike-sharing programs, enhanced public transit through IndyGo, and electric car-sharing programs through BlueIndy. The cost of living in Indianapolis is relatively affordable, with housing costs being lower than the national average, making it an attractive option for residents.

Culture

While Indianapolis is a famous racing area, that isn't the extent of the city's culture. Indy is home to several fantastic museums, including the Indiana State Museum and the Children's Museum of Indianapolis. For live performances, the Indiana Repertory Theatre is the city's go-to destination.

Industry

The largest employers in Indianapolis are Rolls-Royce, Anthem, Cummins, IU Health University Hospital, Ascension St. Vincent Hospital, Peyton Manning Children's Hospital, Indiana University, and Eli Lilly and Company. The unemployment rate of 3.0 percent falls below the national average, and current job growth approaches 3.5 percent annually, above the national average.

Sports & Colleges

Sports and Indianapolis go hand in hand. In addition to the racetrack, the city hosts several major league sports teams: the Indianapolis Colts (NFL) at Lucas Oil Stadium, and the Indiana Pacers (NBA) and Indiana Fever (WNBA) at Gainbridge Fieldhouse. Education likewise has a strong presence. There are numerous public and private colleges and universities, such as Butler University, Indiana University - Purdue University Indianapolis, University of Indianapolis, and Anderson University. Specialized schools include Ball State University College of Architecture and Planning, Herron School of Art and Design, and Robert H. McKinney School of Law.

Landmarks

Indianapolis adores entertainment, from the Indy 500 event to festivals like Circle City IN Pride, Indiana State Fair, Historic Irvington Halloween Festival, OneAmerica 500 Festival Mini-Marathon, Indianapolis International Film Festival, and Indy Jazz Fest. People living in the area access the many parks, including Eagle Creek Park, the Indianapolis Zoo, White River State Park, and Hoosier National Forest. For a walk on the artistic side after moving to the Indianapolis metro, visit the Indianapolis Art Center and the Indianapolis Artsgarden.

Frequently Asked Questions

Average Rent Rates

What's the average rent for an apartment in Indianapolis, IN?

Apartment averages in Indianapolis, IN varies based on size.

Find More Apartments for Rent in Indianapolis, IN

Find Rentals Near Indianapolis, IN

For Rent near Indianapolis

Indianapolis Neighborhoods with Apartments

Apartments near Colleges in Indianapolis