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Living in Downtown Indianapolis

Homes for sale | Downtown neighborhoodsDowntown Indianapolis schools | Our Downtown Indianapolis picks | Nearby communities

With its array of housing options, cultural institutions and acclaimed restaurants, Indianapolis’ Downtown offers urban living at its best.

Monument Circle Indianapolis

Monument Circle

National accolades for Indianapolis’ vibrant Downtown have been pouring in lately, and we’re proud that others are acknowledging what we have known for so long—Downtown Indianapolis is a great place to visit AND live! The hot food scene and brilliant array of restaurants. The eclectic homes. The walkability and shopping. The parks, theaters, museums and libraries. The concerts and professional sports. Living Downtown truly offers a great lifestyle with so much to see and do!

Officially, Downtown Indianapolis is a mile square, bordered by North St., East St., South St. and West St. Within this square, you’ll find urban condos and townhouses mixed in with high rises, office buildings and other commercial buildings. Neighborhoods that are more residential in nature are found just beyond the square in popular neighborhoods like Fletcher Place, Fountain Square, the Old Northside, Lockerbie Square, Chatham Arch, St. Joseph and Holy Cross. See the full list of Downtown neighborhoods.

Tiny studio-size condos can be found starting around $150,000 and price points rise with location, building amenities, and size, up into the millions of dollars. The home choices are diverse—from colorful Victorian-era cottages and mansions, restored vintage apartment buildings, infill structures that blend with the homes of historic neighborhoods, new-construction condo buildings and converted warehouses. Truly there is something to suit every taste—from that of Millennials to downsizing Baby Boomers. Choosing to purchase a home Downtown is a great investment too. Thanks to Indianapolis Downtown's development and improvements, the median home price has grown to $309,400 (as of 2017), a 20 percent increase since 2012.

You might love living in Downtown Indianapolis if you…

  • Want to be able to walk to a variety of restaurants, shops and even your workplace.
  • Live to be in the middle of the Downtown action.
  • Enjoy urban living.
  • Want to live in a historic area.

Downtown public schools

Downtown Indianapolis is served by Indianapolis Public Schools (IPS). Note that all students in IPS are eligible to apply to attend other IPS schools (the Choice Program). View Choice Program information. Enroll Indy’s FAQ page is also very helpful in sorting out public school choice in Indianapolis.

Private schools in and near Downtown Indianapolis

Our Downtown Indianapolis picks

Milktooth  Inventive, nationally acclaimed and at the top of every foodie list. Adventure awaits at Milktooth, where the menu is ever-changing and unexpected ingredients come together to create a flavor party in your mouth. There will be a line, so plan ahead and bring your patience! It will be worth the wait. 534 Virginia Ave., Indianapolis

Indianapolis Cultural Trail – Since opening in 2013, the Indianapolis Cultural Trail has become one of Indy’s most lauded and popular amenities. With eight miles of trails, the Cultural Trail connects downtown’s cultural districts and links to the Monon Trail for easy access to Broad Ripple. As you travel the trail by foot or bike (bikeshare stations are easy to find), take in the city’s war monuments, architecture, public art projects and natural beauty. Or stop for a bite or drink at one of the many restaurants and bars that line the trail. View a map of the Cultural Trail

Nearby communities

Meridian-Kessler | Butler-Tarkington

Homes for sale in downtown Indianapolis

Downtown Housing Stats June 13, 2024
Avg. DOM
Avg. $ / Sq.Ft.
Med. List Price
262 Properties
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