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For Rent by Private Owner in Indianapolis IN - 37 Listings Available

Indianapolis, IN Private Owner Rentals

Browse 37 properties for rent by owner in Indianapolis. Renting directly from a private owner can make your rental experience a little more personal and encourage strong communication between you and your property manager. Filter for your ideal location and essential amenities for a list of privately owned properties tailored to your needs.

What does FRBO Mean?

“FRBO,” or For Rent by Owner, means that the owner of your rental acts as your property manager. Instead of going through a property management company or leasing agent, you work directly with the owner for the entirety of your lease, from application to move-out.

Benefits of Renting from a Private Owner

Renting from a private owner in Indianapolis can be a different experience for renters who are used to property management companies. While renting through a large company often comes with standardized processes, renting with a private owner may be a bit more flexible. You may be able to negotiate details in the lease, such as move-in dates and monthly rent. Renting with a private owner will also streamline your communication. Instead of going through online portals to contact maintenance, pay bills, or ask questions, your rental owner will be your one point of contact. Start the search today and find your next privately owned rental.

Indianapolis, IN Rental Insights

Average Rent Rates

What is the average rent in Indianapolis, IN?

The average rent in Indianapolis is $1,098. When you rent an apartment in Indianapolis, you can expect to pay as little as $951 or as much as $1,502, depending on the location and the size of the apartment.

What is the average rent of a Studio apartment in Indianapolis, IN?

The average rent for a studio apartment in Indianapolis, IN is $951 per month.

What is the average rent of a 1 bedroom apartment in Indianapolis, IN?

The average rent for a one bedroom apartment in Indianapolis, IN is $1,096 per month.

What is the average rent of a 2 bedroom apartment in Indianapolis, IN?

The average rent for a two bedroom apartment in Indianapolis, IN is $1,288 per month.

What is the average rent of a 3 bedroom apartment in Indianapolis, IN?

The average rent for a three bedroom apartment in Indianapolis, IN is $1,502 per month.

Transportation

How transit friendly is Indianapolis, IN?

Transit options in Indianapolis vary, but overall, it has a transit score of 29.

Education

What are the top Elementary schools in Indianapolis, IN?

In Indianapolis, you’ll find top-ranking elementary schools like Merle Sidener Gifted Academy, Forest Glen Elementary School, and Center for Inquiry School 84.

What are the top middle schools in Indianapolis, IN?

Indianapolis is home to some top-ranking middle schools, including Merle Sidener Gifted Academy, Perry Meridian Middle School, and Center for Inquiry School 84.

What are the top high schools in Indianapolis, IN?

Moving is tough for high school students! Look for Indianapolis apartments near top-ranking high schools like Franklin Central High School, Perry Meridian High School, and Ben Davis University High School.

What colleges and universities are in Indianapolis, IN?

If you’re a student moving to an apartment in Indianapolis, you’ll have access to Purdue Indianapolis, Ivy Tech Community College, and Marian Univ., Indianapolis.

Helpful Rental Guides for Indianapolis, IN

5 Most Affordable Neighborhoods in Indianapolis, IN
5 Most Affordable Neighborhoods in Indianapolis, IN
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