Indianapolis

Indianapolis, IN

Area Guide

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The racing capital of the world

Walkable Affordable Historic

Indianapolis is the thriving capital city of the state of Indiana — as well as the most populated. Nicknamed the Crossroads of America, Indianapolis is the well-known center for several major interstates that connect locals to the rest of the country. This commuter-friendly city is also home to the Indianapolis International Airport, a modern hub for national and international travelers. With an abundance of affordable apartments for rent, the city of Indianapolis has more than enough to offer both its residents and visitors alike.

Residents can enjoy a performance from the Indianapolis Symphony Orchestra at Hilbert Circle Theatre, cheer on the Indianapolis Colts at Lucas Oil Stadium, and peruse the stores in Circle Centre Mall. Locals enjoy admiring the wildlife at the Indianapolis Zoo, exploring the exhibitions at the Indianapolis Museum of Art, and hiking the trails at Eagle Creek Park. From the Children’s Museum of Indianapolis to the Indianapolis Motor Speedway, host to the Indy 500, the world’s largest sporting event, the city of Indianapolis has something for everyone!

Explore the City

The White River flows through Indianapolis

The Circle Monument is a city landmark

Downtown Indianapolis on a sunny afternoon

Rent Trends

As of December 2024, the average apartment rent in Indianapolis, IN is $956 for a studio, $1,100 for one bedroom, $1,287 for two bedrooms, and $1,504 for three bedrooms. Apartment rent in Indianapolis has increased by 3.4% in the past year.

Property Type
Average Rent
Average Sq Ft
Apartment
$1,100/month
697 Sq Ft
House
$1,714/month
1,416 Sq Ft
Condo
$1,381/month
954 Sq Ft
Townhome
$2,147/month
1,511 Sq Ft
See Rental Market Trends in Indianapolis, IN

Learn More About Indianapolis

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Experience all Indianapolis offers without breaking the bank. Explore our detailed guide to moving to Indy on a budget.

Transportation

50

Somewhat Walkable

out of 100 WalkScore® Rating

You might be able to get out and walk when living in this area. Some errands can be accomplished on foot, but for others you’ll need a car.

29

Some Transit

out of 100 TransitScore® Rating

You'll likely want a car when living in this area since it has few transit options.

53

Bikeable

out of 100 BikeScore® Rating

While there’s some bike infrastructure in this area, you’ll still need a car for many errands.

Schools

Merle Sidener Gifted Academy

Public

Grades 2-8

300 Students

10
out of 10

Forest Glen Elementary School

Public

Grades PK-6

880 Students

8
out of 10

Center for Inquiry School 84

Public

Grades K-8

469 Students

8
out of 10

Rosa Parks-Edison Elementary School

Public

Grades PK-5

670 Students

7
out of 10

William Henry Burkhart Elementary

Public

Grades PK-5

650 Students

7
out of 10

Merle Sidener Gifted Academy

Public

Grades 2-8

300 Students

10
out of 10

Perry Meridian Middle School

Public

Grades 7-8

1,292 Students

8
out of 10

Center for Inquiry School 84

Public

Grades K-8

469 Students

8
out of 10

Perry Meridian 6th Grade Academy

Public

Grades 6

620 Students

7
out of 10

Franklin Central Junior High

Public

Grades 7-8

1,711 Students

6
out of 10

Franklin Central High School

Public

Grades 9-12

3,319 Students

7
out of 10

Perry Meridian High School

Public

Grades 9-12

2,350 Students

7
out of 10

Ben Davis University High School

Public

Grades 10-12

358 Students

6
out of 10

North Central High School

Public

Grades 9-12

3,628 Students

5
out of 10

Lawrence North High School

Public

Grades 9-12

2,861 Students

4
out of 10

Points of Interest

Parks and Recreation

  • JTV Hill Park
  • University Park
  • Douglass Park
  • Indiana State Museum
  • Christian Park

Commuter Rail

Airports

  • Indianapolis International

Top Apartments in Indianapolis

Houses for Rent in Indianapolis

Property Management Companies in Indianapolis, IN

Living in Indianapolis

Highlights

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Renters living in the racing capital of the world pay an average of $1,145/month to rent an apartment, 4% higher than the Indiana state average. City dwellers exploring houses for rent in Indianapolis can expect to pay around $1,389/month. For those looking to buy, the average house is valued at $215,000, compared to the state average of $215,818.

Great Indianapolis destinations include High Velocity, Indiana State Museum, White River State Park, Indianapolis Motor Speedway Museum, Vida, and Lucas Oil Stadium.

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