Indianapolis

The most affordable apartment rentals on the market in Downtown, Indianapolis

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Published on April 09, 2019
The most affordable apartment rentals on the market in Downtown, Indianapolis 530 E. Ohio St. | Photos: Zumper

It can be challenging to find a good spot for a reasonable price when looking for an apartment. So what does the low-end rent on a rental in Downtown look like these days — and what might you get for your money?

Walk Score indicates that the neighborhood is very walkable, is a "biker's paradise" and offers many nearby public transportation options. It also features median rents for a one bedroom that hover around $925, 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, paints a picture of what budget-minded 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.)

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800 N. Capitol Ave.

Listed at $797/month, this 675-square-foot one-bedroom, one-bathroom, located at 800 N. Capitol Ave., is 13.8 percent less than the $925/month median rent for a one bedroom in Downtown.

When it comes to building amenities, expect on-site laundry, a fitness center and on-site management; in the unit, look for concrete floors, a dishwasher and a walk-in closet. For those with furry friends in tow, know that cats and dogs are allowed on this property.

(See the complete listing here.)

650 N. Alabama St.

This studio, situated at 650 N. Alabama St., is listed for $842/month for its 355 square feet of space.

In the unit, which comes furnished, expect air conditioning, a balcony and a dishwasher. A roof deck, a swimming pool and on-site laundry are offered as building amenities. When it comes to pets, both meows and barks are welcome.

(See the complete listing here.)

410 N. Meridian St.

Then there's this 550-square-foot with one bedroom and one bathroom at 410 N. Meridian St., listed at $900/month.

In the unit, you're promised air conditioning, a balcony and in-unit laundry. Cats and dogs are not permitted. Amenities offered in the building include garage parking, a swimming pool and a fitness center.

(See the listing here.)

230 Ninth St.

Check out this 447-square-foot studio space at 230 Ninth St., listed at $925/month.

The building features assigned parking and on-site laundry. In the unit, you'll find central heating, a dishwasher and hardwood flooring. Pet owners, inquire elsewhere: this spot doesn't allow cats or dogs.

(Here's the listing.)

530 E. Ohio St.

This studio, situated at 530 E. Ohio St., is also listed for $925/month for its 577 square feet of space.

In the unit, which comes furnished, the listing promises stainless steel appliances, granite countertops and a walk-in closet. Building amenities include a fitness center, garage parking and secured entry. For those with furry friends in tow, know that cats and dogs are allowed on this property.

(See 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.