5 Most Affordable Neighborhoods in Indianapolis, IN
Experience all Indianapolis offers without breaking the bank. Explore our detailed guide to moving to Indy on a budget.
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!
The White River flows through Indianapolis
The Circle Monument is a city landmark
Downtown Indianapolis on a sunny afternoon
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.
Experience all Indianapolis offers without breaking the bank. Explore our detailed guide to moving to Indy on a budget.
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.
Some Transit
out of 100 TransitScore® Rating
You'll likely want a car when living in this area since it has few transit options.
Bikeable
out of 100 BikeScore® Rating
While there’s some bike infrastructure in this area, you’ll still need a car for many errands.
Public
Grades 2-8
300 Students
Public
Grades PK-6
880 Students
Public
Grades K-8
469 Students
Rosa Parks-Edison Elementary School
Public
Grades PK-5
670 Students
William Henry Burkhart Elementary
Public
Grades PK-5
650 Students
Public
Grades 2-8
300 Students
Public
Grades 7-8
1,292 Students
Public
Grades K-8
469 Students
Perry Meridian 6th Grade Academy
Public
Grades 6
620 Students
Public
Grades 7-8
1,711 Students
Public
Grades 9-12
3,319 Students
Public
Grades 9-12
2,350 Students
Ben Davis University High School
Public
Grades 10-12
358 Students
Public
Grades 9-12
3,628 Students
Public
Grades 9-12
2,861 Students
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