Located in the heart of Indiana, Indianapolis is a vibrant city known for its rich history, bustling downtown, and diverse neighborhoods. Residents flock to Indianapolis for its community feel, arts and culture scene, sports teams, and more.
Whether you’re looking for the trendy vibe of Broad Ripple, the charming historic homes of Fletcher Place, or the arts district of Fountain Square, there is a neighborhood in Indianapolis for every lifestyle. For example, the average rent in Indianapolis is $1,234, while the median sale price is $240,000.
To help you find the right area to live in, Redfin is here to help you explore 18 popular Indianapolis neighborhoods. Whether you’re looking for an apartment in the heart of downtown or to buy a home in Indianapolis, let’s dive into these popular neighborhoods.
1. Broad Ripple
Broad Ripple is a vibrant neighborhood with an eclectic mix of shops, restaurants, and entertainment venues. The area is also home to the Monon Trail, a popular recreational path that attracts runners, walkers, and cyclists. Additionally, Broad Ripple has a few parks including Broad Ripple Park, which offers green space, playgrounds, and sports fields.
One of the historic places in the area is the Vogue Theater, a beloved music venue that has been a staple in the neighborhood for decades. Broad Ripple is also home to the Indianapolis Art Center, a riverfront art center that offers classes and a variety of exhibits. In terms of housing, Broad Ripple offers bungalows, cottages, and apartments in architectural styles like Tudor Revival and Craftsman.
Median Sale Price: $350,000
Average Rent 1-Bedroom Apartment: $1,479 | Average Rent 2-Bedroom Apartment: $1,561
Homes for Sale in Broad Ripple | Apartments for Rent in Broad Ripple
2. Butler-Tarkington
The Butler-Tarkington neighborhood is on the north side of Indianapolis and is home to Butler University. This area offers a suburban feel with beautiful tree-lined streets and historic homes. Things to do in Butler-Tarkington include seeing a show at Clowes Memorial Hall, a performing arts center located on the Butler University campus, and spending time outdoors in nearby Tarkington Park. Butler-Tarkington features a mix of housing types, including single-family homes and some apartments. The architectural styles range from charming Tudor Revival to Colonial Revival homes.
Median Sale Price: $308,370
Homes for Sale in Butler-Tarkington | Apartments for Rent in Butler-Tarkington
3. Castleton
The Castleton neighborhood in northeast Indianapolis offers a blend of residential living and commercial spaces. It’s home to the popular Castleton Square Mall, which provides a wide range of shopping and dining options. Castleton is also known for its numerous parks, including Sahm Park and the White River, which offer opportunities for outdoor activities. In Castleton, you’ll find various housing options, including single-family homes, townhomes, and some apartments.
Median Sale Price: $271,250
Homes for Sale in Castleton | Apartments for Rent in Castleton
4. Chatham Arch
Chatham Arch is in the heart of Indianapolis, just outside of downtown. This historic neighborhood has charming Victorian homes and is close to Downtown’s attractions such as the Indiana State Capitol and Lucas Oil Stadium. Residents can enjoy the nearby Mass Ave district with its eclectic mix of restaurants, shops, and theaters. You can also find popular spots like Livery, FortyFive Degrees, and the Indianapolis Fire Fighters Museum.
Chatham Arch features a variety of housing types and architectural styles, including beautifully restored Victorian mansions, townhouses, and modern condos. The neighborhood’s historic charm blends seamlessly with contemporary urban living.
Median Sale Price: $388,200
Average Rent 1-Bedroom Apartment: $1,175 | Average Rent 2-Bedroom Apartment: $1,140
Homes for Sale in Chatham Arch | Apartments for Rent in Chatham Arch
5. Downtown Indianapolis
Downtown Indianapolis, also called Mile Square, has a vibrant atmosphere and bustling city life. Major attractions in this neighborhood include the famous Monument Circle, which features the Soldiers & Sailors Monument, the Indiana Historical Society, the Indiana State Capitol, and Old National Centre.
Some other landmarks to check out include Lucas Oil Stadium, Gainbridge Fieldhouse, Eiteljorg Museum of American Indians and Western Art, and Victory Field. The area also has several beautiful parks, including University Park and the Indianapolis Canal Walk. Downtown Indianapolis is characterized by a mix of housing types and architectural styles. You can find everything from historic apartment buildings to modern loft-style condos.
Median Sale Price: $395,000
Average Rent 1-Bedroom Apartment: $1,460 | Average Rent 2-Bedroom Apartment: $1,967
Homes for Sale in Downtown Indianapolis | Apartments for Rent in Downtown Indianapolis
6. Eagle Creek
Eagle Creek has beautiful natural surroundings, making it an excellent area for those looking to be close to nature while living in a city. It’s home to Eagle Creek Park, one of the largest city parks in the country, offering activities such as boating, fishing, hiking, and bird watching. The neighborhood is also close to the Indianapolis Motor Speedway, where the famous Indy 500 race takes place. Eagle Creek offers a variety of housing types, including single-family homes, townhouses, and apartments.
Median Sale Price: $245,000
Homes for Sale in Eagle Creek | Apartments for Rent in Eagle Creek
7. Fall Creek Place
Fall Creek Place has charming historic homes, tree-lined streets, and proximity to downtown. Major attractions include the Fall Creek Trail, a well-known pedestrian and biking trail. There are several parks nearby, such as Fall Creek Gardens and George E. Kessler Park. You can also find a variety of restaurants and shops along 22nd Street and North Meridian Street.
Fall Creek Place is home to various housing types, including beautifully restored Victorian homes and modern townhouses – the architectural styles in the neighborhood range from Queen Anne and Craftsman to Colonial and Italianate.
Median Sale Price: $415,250
Homes for Sale in Fall Creek Place | Apartments for Rent in Fall Creek Place
8. Fletcher Place
Just south of downtown is Fletcher Place, highlighted by its vibrant arts and culinary scene. Some of the neighborhood’s popular restaurants include Bosphorus Istanbul Cafe, Bluebeard, Milktooth, and Hotel Tango Distillery. The neighborhood is home to a few green spaces, like Edna Balz Lacy Family Park. The housing types in Fletcher Place include a mix of historic homes, modern townhouses, and newly constructed apartments. The architectural styles range from beautifully restored Victorian houses to sleek contemporary designs.
Median Sale Price: $540,000
Average Rent 1-Bedroom Apartment: $1,640 | Average Rent 2-Bedroom Apartment: $1,990
Homes for Sale in Fletcher Place | Apartments for Rent in Fletcher Place
9. Fountain Square
Fountain Square has a historic architectural charm and quirky vibe. The neighborhood is home to a variety of restaurants, bars, art galleries, and live music venues like HI-FI Indy & HI-FI Annex. One of its major attractions is the Fountain Square Theatre Building, which houses a theater, ballroom, and duckpin bowling alley. The neighborhood is also home to the Pleasant Run Trail, which follows along Pleasant Run. Fountain Square offers a blend of housing types and architectural styles, including historic Victorian homes and modern new builds.
Median Sale Price: $309,950
Average Rent 1-Bedroom Apartment: $1,612 | Average Rent 2-Bedroom Apartment: $2,044
Homes for Sale in Fountain Square | Apartments for Rent in Fountain Square
10. Garfield Park
Garfield Park is located south of downtown Indianapolis and is home to a beautiful park of the same name. The park features a conservatory, sunken gardens, a fountain, and a playground. In addition to the park, Garfield Park also offers historic places such as the Garfield Park Arts Center (GPAC), which features art exhibitions and classes.
There are a variety of venues and restaurants throughout the area like Duke’s Indy, MacAllister Amphitheater at Garfield Park, Barringers Tavern, and Garfield Brewery/ Garfield Park offers a variety of housing types, including single-family homes and apartments, ranging in styles from Craftsman to Colonial Revival.
Median Sale Price: $186,000
Homes for Sale in Garfield Park | Apartments for Rent in Garfield Park
11. Herron-Morton Place
The Herron-Morton Place area is filled with historic architecture and tree-lined streets. The neighborhood is home to several major attractions, including the Herron-Morton Place Park and Footlite Musicals, a performing arts theater. There are also many historic places within walking distance such as the Old Northside Historic District, which is home to the Benjamin Harrison Presidential Site, Saints Peter and Paul Cathedral, and The Indianapolis Propylaeum.
The housing types in Herron-Morton Place include beautifully restored Victorian and Queen Anne-style homes, along with some newer construction. The neighborhood offers a mix of single-family homes and townhouses, making it a great place to live for those who appreciate historic charm and modern amenities.
Median Sale Price: $508,000
Homes for Sale in Herron-Morton Place | Apartments for Rent in Herron-Morton Place
12. Holy Cross
Holy Cross is east of downtown and full of charm. The area has several parks, including Highland Park and the Monon Trail. You can find a few shops and restaurants in the neighborhood like Midland Arts & Antiques Market, Futuro, La Parada, and King Dough. Otherwise, the neighborhood is primarily a residential neighborhood with many single-family homes. Holy Cross is filled with beautifully restored homes and showcases a mix of architectural styles, including Victorian, Queen Anne, and Italianate.
Median Sale Price: $423,000
Homes for Sale in Holy Cross | Apartments for Rent in Holy Cross
13. Irvington
Irvington is located on the east side of Indianapolis. It’s known for the Irving Theatre, which hosts live performances and film screenings, and the Irvington Halloween Festival, a popular annual event. The neighborhood has several parks, including Ellenberger Park, which features a swimming pool, tennis courts, and a playground. Historic places in Irvington include the Benton House, a Victorian-era home that is now a museum.
Irvington offers a variety of housing types, including historic bungalows, Tudor-style homes, and Victorian houses. The architectural styles in the neighborhood range from Craftsman and Colonial Revival to Queen Anne and Gothic Revival.
Median Sale Price: $247,450
Average Rent 1-Bedroom Apartment: $775 | Average Rent 2-Bedroom Apartment: $849
Homes for Sale in Irvington | Apartments for Rent in Irvington
14. Mapleton-Fall Creek
Mapleton-Fall Creek is located in the northeast part of Indianapolis. The area is near the Children’s Museum of Indianapolis and the Indiana State Fairgrounds. It’s primarily a residential area, but there are plenty of things to do nearby. Mapleton-Fall Creek features a mix of housing types, including single-family homes, apartments, and townhouses. For example, the architectural styles in the neighborhood range from Victorian and Craftsman, to Colonial and bungalow-style homes.
Median Sale Price: $321,200
Average Rent 1-Bedroom Apartment: $1,300 | Average Rent 2-Bedroom Apartment: $1,645
Homes for Sale in Mapleton-Fall Creek | Apartments for Rent in Mapleton-Fall Creek
15. Mass Ave
Mass Ave is located in downtown Indianapolis and is known for its lively arts and culture scene. It’s home to numerous art galleries, theaters, and trendy boutiques. The neighborhood is also famous for its historic landmarks, such as the Athenaeum Foundation, a German-American building that hosts events and houses a theater. The housing types in Mass Ave consist mainly of apartments and lofts, many of which feature unique architectural styles, such as Victorian and Art Deco influences.
Median Sale Price: $424,500
Average Rent 1-Bedroom Apartment: $1,631 | Average Rent 2-Bedroom Apartment: $2,114
Homes for Sale in Mass Ave | Apartments for Rent in Mass Ave
6. Meridian-Kessler
Meridian-Kessler is located north of downtown and is home to several major attractions, such as the Indianapolis Opera, and plenty of excellent local restaurants. Some of the popular spots include Gallery Pastry Shop, Root & Bone, Cafe Patachou, and Aristocrat Pub & Oxford Room. Or you can check out The Jazz Kitchen, a cozy space featuring nightly jazz shows. You’ll find charming bungalows, Tudor-style homes, and Colonial Revival houses throughout the Meridian-Kessler neighborhood.
Median Sale Price: $457,500
Average Rent 1-Bedroom Apartment: $1,499 | Average Rent 2-Bedroom Apartment: $1,999
Homes for Sale in Meridian-Kessler | Apartments for Rent in Meridian-Kessler
17. Near Northside
The Near Northside is a large neighborhood just north of downtown Indianapolis. One of the major attractions in the area is the Benjamin Harrison Presidential Site, the 23rd President’s home, which features exhibits and tours. The neighborhood also offers several parks for outdoor activities, such as Dr. Martin Luther King Jr. Park. Near Northside also has many historic places, including the Old Northside Historic District. The housing types in Near Northside vary, with a mix of single-family homes, townhouses, and apartments in styles ranging from Victorian to Craftsman.
Median Sale Price: $447,000
Average Rent 1-Bedroom Apartment: $1,542 | Average Rent 2-Bedroom Apartment: $1,917
Homes for Sale in Near Northside | Apartments for Rent in Near Northside
18. St. Joseph
St. Joseph is the final Indianapolis neighborhood on our list and is known for its close proximity to downtown. There are many historic sites in the area, like Calvin I. Fletcher House and the nearby American Legion Mall. St. Joseph offers plenty of housing options, including single-family homes, townhouses, and apartments. The architectural styles in the neighborhood vary, with a combination of historic houses and modern developments.
Median Sale Price: $330,000
Homes for Sale in St. Joseph | Apartments for Rent in St. Joseph
Methodology: All neighborhoods must be listed as a “neighborhood” on Redfin.com. Median home sale price data from the Redfin Data Center during December 2024. Average rental data from Rent.com during December 2024.
