Indianapolis

The cheapest apartments for rent in Downtown, Indianapolis

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Published on August 16, 2019
The cheapest apartments for rent in Downtown, Indianapolis1022 Dr. Martin Luther King Jr. St. | Photo: Zumper

According to rental site Zumper, median rents for a one bedroom in Downtown are hovering around $1,088, compared to a $625 one-bedroom median for Indianapolis as a whole.

So how does the low-end pricing on a Downtown rental look these days — and what might you get for your money?

We took a look at local listings for studios and one-bedroom apartments from Zumper and Apartment Guide to find out what price-conscious apartment seekers can expect to find in the neighborhood, which, according to Walk Score ratings, is quite walkable, is convenient for biking and has some transit options.

Read on for the cheapest listings available right now. (Note: Prices and availability are subject to change.)

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1022 Dr. Martin Luther King Jr. St.

Photo: Zumper
Photo: Zumper

Listed at $850/month, this 777-square-foot one-bedroom, one-bathroom dwelling, located at 1022 Dr. Martin Luther King Jr. St., is 21.9 percent less than the $1,088/month median rent for a one-bedroom in Downtown.

The unit features a dishwasher, a walk-in closet, a renovated kitchen and hardwood flooring. Pet lovers are in luck: This rental is both dog-friendly and cat-friendly. The rental doesn't require a leasing fee.

(See the complete listing here.)

50 N. Illinois St.

Photo: Zumper
Photo: Zumper

Here's a one-bedroom, one-bathroom space at 50 N. Illinois St., which is going for $999/month.

In the unit, anticipate a dishwasher, a balcony and a walk-in closet. Pet lovers are in luck: This rental is both dog-friendly and cat-friendly.

(See the full listing here.)

551 Massachusetts Ave.

Photo: Zumper
Photo: Zumper

Then there's this 690-square-foot rental with one bedroom and one bathroom at 551 Massachusetts Ave., listed at $1,000/month.

In the unit, you can anticipate a dishwasher, a balcony and a walk-in closet. Pet lovers are in luck: This rental is both dog-friendly and cat-friendly.

(See the listing here.)

333 N. Penn St.

Photo: Zumper

This one-bedroom, one-bathroom space, situated at 333 N. Penn St., is listed for $1,025/month for its 645 square feet.

The unit includes a balcony, a walk-in closet, a dishwasher and a fireplace. For those with furry friends in tow, this property is pet-friendly.

(See the listing here.)


This story was created automatically using local real estate data from Zumper and Apartment Guide, then reviewed by an editor. Click here for more about what we're doing. Got thoughts? Go here to share your feedback.