Not quite ready to purchase your dream home? According to RentCafe, the average rent price is $1,191 for an 879-sqft Indianapolis apartment, which is lower than the national average of $1,702.
Apartment shopping doesn’t have to be frustrating — from modest flats to lavish living, we’re sharing some of the best one-bedroom apartments around the city ranging from $1,000 to $1,872.
Note: Rent pricing varies depending on location, size, and quality — plus, pricing fluctuates. This article is based on pricing found in late November 2023.
![INDY_Monon 46 apartments_NOV2023](https://6amcity.brightspotcdn.com/dims4/default/efc61e9/2147483647/strip/true/crop/1005x566+75+0/resize/1000x563!/quality/90/?url=https%3A%2F%2Fk1-prod-sixam-city.s3.us-east-2.amazonaws.com%2Fbrightspot%2Fbb%2F30%2F6e0b734a4a9cbed723555def7b6d%2F398045131-294610660161179-5802289401884264214-n.jpg)
Applications for this brand new apartment complex are open and move-ins start in December 2023.
Photo by @monon46indy
First, a few pro tips:
- The lowest rates are typically found between October and April, and are best right after the December holiday season.
- The highest priced months for move in are usually May through September.
- Download apps for apartment hunting like Apartment List and Apartments.com.
- If possible, schedule on-site tours (not everything is as it seems).
- Take photos of the property, just in case you decide to move in.
Standard | Starting price $1,000-$1,300+
333 Penn Apartments, 333 N. Pennsylvania Ave. | Starting at $1,000
Stadium Lofts, 1510 Stadium Way | Starting at $1,075
The Assembly, 1301 E. Washington St. | Starting at $1,150
Riverview Apartments, 460 N. White River Pkwy W. Dr. | Starting at $1,200
Artistry Apartments, 451 E. Market St. | Starting at $1,342
![Downtown apartment patio space with bonfire](https://6amcity.brightspotcdn.com/dims4/default/65afa45/2147483647/strip/true/crop/1053x593+7+0/resize/1000x563!/quality/90/?url=https%3A%2F%2Fk1-prod-sixam-city.s3.us-east-2.amazonaws.com%2Fbrightspot%2F9f%2Fa3%2Fc71b211a4cd9b31c5a8c29e4d04a%2F310213661-395526712785327-4002106490332432591-n.jpg)
This patio space is perfect for hanging out and roasting s’mores.
Photo by @gridapts
Luxury living | Starting price $1,400-$1,800+
The Residences at CityWay, 229 S. Delaware St. | Starting at $1,445
The Block Apartments, 114 W. Market St. | Starting at $1,499
Monon 46, 4560 Ocean St. | Starting at $1,595
Penrose on Mass Apartments, 530 Massachusetts Ave. | Starting at $1,637
City’s End Apartments, 1441 Prospect St. | Starting at $1,750
Grid Apartments, 520 E. Washington St. | Starting at $1,872