Student Housing OS · Indianapolis, IN

Updated Jun 2026

Apartments near Indiana University -Indianapolis

Browse student housing options·From $750/mo·Best area: East Side·Avg fit 74/100

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Rentals near Indiana University -Indianapolis

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We're still indexing rentals near Indianapolis, IN. Browse estimated rents below, search partner sites, or use the housing hub with filters.

Studio

$750

1 BR

$900

2 BR

$1,200

Popular areas near campus

Indianapolis Heights · $900–$1,500/moEast Side · $850–$1,450/moWestgate · $650–$1,100/moSouth Campus · $850–$1,350/mo

Illustrative apartment types — search Apartments.com for live inventory

Scholar Village

Studio · $594–$700/mo · 0.3 mi

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Collegiate Place

1 BR · $775–$900/mo · 0.5 mi

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University Residences

2 BR · $984–$1,150/mo · 0.7 mi

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Explore Life Near Indiana University -Indianapolis

Campus guides, local events, and student deals — after you've picked a place to live.

Housing Near Indiana University -Indianapolis: What to Expect

Indiana University -Indianapolis, creating steady demand for off-campus housing in Indianapolis, IN. Most students move off-campus after their first or second year either to save money or gain more independence.

Rent near campus ranges from $750/mo for a studio to $1,200/mo for a 2-bedroom — with 3 and 4-bedroom shared units often bringing individual rent down to $500–$750/person/mo.

The area is one of the more affordable student markets in the U.S., with strong value for renters willing to shop around.

Sample apartment types near Indiana University -Indianapolis

These cards are illustrative—names and descriptions are generated from typical student housing near Indianapolis, IN. Each button searches Apartments.com for real listings near this school (and matches the bedroom count where possible).

Scholar Village

Best Value

Spacious layouts with in-unit laundry and a resident study lounge — popular with upperclassmen.

$594–$700/mo

Studio · 1 BA · 0.3 mi from campus

Search on Apartments.com

Collegiate Place

Most Popular

Quiet residential complex with off-street parking, covered bike storage, and a community garden.

$775–$900/mo

1 BR · 1 BA · 0.5 mi from campus

Search on Apartments.com

University Residences

Modern open-plan lofts 2 blocks from the main quad. Pet-friendly, utilities included.

$984–$1,150/mo

2 BR · 1 BA · 0.7 mi from campus

Search on Apartments.com

Midtown Landing

Quiet residential complex with off-street parking, covered bike storage, and a community garden.

$1,361–$1,550/mo

3 BR · 2 BA · 0.9 mi from campus

Search on Apartments.com

Grove Commons

Well-maintained mid-rise with 24/7 security, a fitness center, and direct bus access to campus.

$772–$900/mo

1 BR · 1 BA · 1.1 mi from campus

Search on Apartments.com

Collegiate Station

New Building

High-rise living with panoramic views, rooftop pool, and concierge service.

$1,143–$1,300/mo

2 BR · 2 BA · 1.4 mi from campus

Search on Apartments.com

University Park

Quiet study-focused community with fiber internet and soundproofed bedrooms.

$1,234–$1,400/mo

4 BR · 2 BA · 1.6 mi from campus

Search on Apartments.com

Best Areas to Live Near Indiana University -Indianapolis

Indianapolis Heights

The closest neighborhood to Indiana University -Indianapolis's main entrance. Walk to class in minutes — coffee shops and convenience stores line the main strip.

$900–$1,500/moFreshmen

East Side

A lively area with bars, restaurants, and weekend activity. Ideal if you want a social scene steps from your apartment.

$850–$1,450/moSocial students

Westgate

Quieter residential streets with single-family homes converted into multi-unit rentals. More space, lower prices, a short bike ride to campus.

$650–$1,100/moGraduate students

South Campus

Downtown location with walkable access to the transit hub, employers, and city amenities — best for students with internships or part-time jobs.

$850–$1,350/moCommuters

Cost of Living Near Indiana University -Indianapolis

Rent (1BR)$900/mo (1 BR avg)
Food & Groceries~$250/mo (mix of dining hall + groceries)
Transportation~$60/mo (bus pass or bike)
Utilities~$80/mo (as a separate charge if not included)
Estimated Monthly Total~$1,290/mo estimated

Student Housing Tips

Start Early

The best apartments near campus get leased 6–9 months before move-in. If you want August housing, start searching in January–February.

Read the Lease

Check: who pays utilities, guest policies, subletting rules, and what happens if a roommate leaves. Never sign anything you haven't fully read.

Choose Roommates Carefully

Split a 3–4 bedroom and each person's share drops by 30–40%. Use a roommate agreement to align on noise, guests, cleanliness, and bills.

More About Indiana University -Indianapolis

FAQ — Apartments Near Indiana University -Indianapolis

What is the cheapest housing near Indiana University -Indianapolis?
The most affordable option is typically a studio at around $750/mo. Sharing a 3–4 bedroom apartment brings individual costs down to roughly $500–$750/person.
What are the best student neighborhoods near Indiana University -Indianapolis?
Top areas include Indianapolis Heights, East Side, Westgate, South Campus. Each has its own vibe — some are walkable and social, others are quieter and more affordable.
What is the average rent near Indiana University -Indianapolis?
Expect $750/mo for a studio, $900/mo for a 1BR, and $1,200/mo for a 2BR. Prices vary by proximity to campus and building amenities.
Is it safe to live off-campus near Indiana University -Indianapolis?
The neighborhoods immediately around campus tend to be well-lit and student-friendly. Always tour in person, check entry security, and read tenant reviews before signing a lease.
How far are apartments from Indiana University -Indianapolis's campus?
Most student apartments are 0.3–1.5 miles away — a 5–20 minute walk. Bus routes allow students to live 2–3 miles away without needing a car.

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