
Need a budget-friendly new spot? Though apartment hunting can be challenging, don't despair just yet—there are deals to be had. So what does the low-end pricing on a rental in Downtown look like these days—and what might you get for the price?
According to Walk Score, the neighborhood has excellent walkability, is easy to get around on a bicycle and offers many nearby public transportation options. It also features median rents for a one bedroom that hover around $934, compared to a $625 one-bedroom median for Indianapolis as a whole.
A look at local listings for studios and one-bedroom apartments in Downtown, via rental site Zumper, offers an overview of what price-conscious apartment seekers can expect to find in this Indianapolis neighborhood.
Read on for the cheapest listings available right now. (Note: prices and availability are subject to change.)
Hoodline offers data-driven analysis of local happenings and trends across cities. Links included in this article may earn Hoodline a commission on clicks and transactions.
650 N. Alabama St.
Listed at $842/month, this 355-square-foot studio apartment, located at 650 N. Alabama St., is 66.3 percent less than the $2,500/month median rent for a studio in Downtown.
When it comes to building amenities, expect on-site laundry and a lounge. In the unit, which comes furnished, anticipate air conditioning, a balcony and a dishwasher. For those with furry friends in tow, know that cats and dogs are permitted on this property.
(See the complete listing here.)
410 N. Meridian St.
Here's a one-bedroom, one-bathroom at 410 N. Meridian St., which, at 550 square feet, is going for $900/month.
Amenities offered in the building include garage parking and secured entry. In the unit, expect to find air conditioning, a balcony, a fireplace, a walk-in closet, in-unit laundry and a dishwasher. Pets are not welcome.
(See the full listing here.)
530 E. Ohio St.
Check out this 577-square-foot studio at 530 E. Ohio St., listed at $958/month.
The building features a fitness center and a lounge. In the unit, which comes furnished, you'll find high ceilings, air conditioning, hardwood flooring, a balcony, a walk-in closet, black appliances and a dishwasher. For those with furry friends in tow, know that cats and dogs are allowed on this property.
(Here's the listing.)
718 E. Georgia St.
This studio, situated at 718 E. Georgia St., is listed for $975/month for its 736 square feet of space.
The building features a swimming pool, a roof deck and outdoor space. In the unit, which comes furnished, look for air conditioning, hardwood flooring, a balcony, a dishwasher, a walk-in closet and in-unit laundry. When it comes to pets, both meows and barks are welcome.
(See the listing here.)
502 Massachusetts Ave.
And here's a studio at 502 Massachusetts Ave., which, with 1,849 square feet, is going for $997/month.
When it comes to building amenities, expect a swimming pool and a residents' lounge. In the unit, you're promised air conditioning, hardwood flooring, a balcony, a walk-in closet, in-unit laundry and a dishwasher. Pets are not welcome.
(Check out the listing here.)
This story was created automatically using local real estate data, then reviewed by an editor. Click here for more about what we're doing. Got thoughts? Go here to share your feedback.









