Industry Indianapolis
421 N Pennsylvania St,
Indianapolis, IN 46204
$1,441 - $4,370 | Studio - 2 Beds
Downtown Indianapolis is a true marvel of American urban design, and is rightly recognized as one of the stylistic gems of the Midwest. The grand architecture of the various government buildings and museums ranges from neoclassical to ultra-modern, creating a timeless and visually stunning environment. Huge monuments and war memorials punctuate the landscape as well – in fact, Indianapolis has more such public tributes than any city in America apart from Washington, DC.
Downtown features a thriving nightlife scene, mainly along Meridian Street and Massachusetts Avenue and incorporating an immense selection of bars, clubs, and live music venues for every taste. The dining is unbeatable, with world-class restaurants of every description within a short walk from anywhere and the popular Food Truck Fridays delivering more eclectic fare during the summer months.
The Downtown housing market is unique and diverse, ranging from upscale high-rise units to an abundance of surprisingly affordable studio apartments, and dozens of apartment buildings appear on the National Register of Historic Places. The abundance of lower-cost options is great for students (as well as faculty and staff) attending Indiana University - Purdue University Indianapolis, whose campus sits along the White River on the west side of Downtown.
As of January 2025, the average apartment rent in Circle City is $1,238 for a studio, $1,459 for one bedroom, $1,923 for two bedrooms, and $2,739 for three bedrooms. Apartment rent in Circle City has decreased by -1.2% in the past year.
Studio
519 sq ft
Average Sq Ft
$1,238/month
Average Rent
1 BR
742 sq ft
Average Sq Ft
$1,459/month
Average Rent
2 BR
1,117 sq ft
Average Sq Ft
$1,923/month
Average Rent
3 BR
1,564 sq ft
Average Sq Ft
$2,739/month
Average Rent
Very Walkable
out of 100 WalkScore® Rating
If you enjoy walking, you’ll enjoy renting in this area! It’s a very walkable neighborhood.
Good Transit
out of 100 TransitScore® Rating
The area around this property has good transit with many nearby transportation options.
Biker's Paradise
out of 100 BikeScore® Rating
Do you prefer to get around on two wheels? You’ll love living in this neighborhood, which is considered a biker’s paradise.
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