Best Apartment Specials in Indianapolis, IN

Written by Sunny | Edited by Ian Medlock
4 minute read

What rent specials are currently happening in Indianapolis?

With the fluctuating rental market, staying up-to-date on the best apartment deals in Indianapolis is crucial for those looking to save. Whether you’re a first-time renter or looking to relocate within the city, this post, updated weekly, will serve as your guide to the top deals and insights to help you find the perfect place at a great price.

Last updated: August 12, 2025 at 11:59 AM CDT

What types of rent specials should I look for in Indianapolis?

Rent specials can significantly reduce your moving and living costs. Here are some common types you might encounter in Indianapolis:

  • “1 month free” – This special lowers upfront costs, with the discount typically spread over the lease term.
  • “Reduced move-in fees” – Great for saving money at lease signing.
  • “Gift cards or cash back” – These bonuses can be appealing but often come with stipulations like longer lease terms.
  • “Percentage off first year” – A direct discount on your rent for the first year.
  • “Waived application fees” – Saves on initial costs when applying.
  • “Free amenities” – Includes perks like free parking or gym membership.
  • “Utility specials” – Offers on utilities, sometimes including free Wi-Fi or cable for a period.
  • “Referral bonuses” – Rewards for getting friends to sign leases at the same property.
  • “Look and lease” – Specials for signing a lease shortly after a tour.
  • “Upgraded units at standard prices” – Get a better unit for the price of a standard one without upgrades.

When is the best time to find a rent deal in Indianapolis?

When is the best time to rent in Indianapolis?
Rent specials are most plentiful during the off-peak seasons, typically late fall to early spring. Summer months see higher demand and fewer deals.

What are the worst times to look for specials?
High-demand seasons, like late spring and summer, usually have fewer specials due to increased moving activity.

How can I act fast on a deal?
Keep your documentation ready, set alerts for your preferred neighborhoods, and be prepared to tour properties and apply quickly.

Which neighborhoods in Indianapolis have the most rent specials right now?

Here’s a snapshot of where you’ll find the most specials, by neighborhood:

Neighborhood Listings
Downtown Indianapolis 6
St. Vincent - Greenbriar 5
Allisonville 4
I69-Fall Creek 3
Keystone at the Crossing 3
Eastside 3
Garden City 3
Fountain Square 3
Castleton 3
Near Northside 2

What are the top 5 apartment specials in Indianapolis this week?

Here are the top 5 apartment deals in Indianapolis, based on value, location, and amenities:

  1. Scandia Apartment Homes
    Scandia Apartment Homes
    9250 Kungsholm Dr, Indianapolis, IN 46250
    1 - 3 beds | $1,094 - $1,674
    Special: “$1500 off your first full month’s rent! Limited Time!”

  2. The Grove on Harcourt
    The Grove on Harcourt
    8002 Harcourt Rd, Indianapolis, IN 46260
    1 - 3 beds | $1,025 - $1,449
    Special: “1 MONTHS RENT FREE! MUST MOVE IN BY 8.31.25”

  3. The Jameson
    The Jameson
    1854 Century Way, Indianapolis, IN 46260
    1 - 2 beds | $1,130 - $1,450
    Special: “$750.00 Off First Full Month for a 15 Month Lease (Tuscany Floor Plan Only) Must move in by 8/22/2025”

  4. Pines at Sobro
    Pines at Sobro
    5018 Lemans Drive, Indianapolis, IN 46205
    Studio - 3 beds | $729 - $1,119
    Special: “$750 OFF! MUST MOVE IN BY 8.31.25”

  5. Riverside
    Riverside
    2638 Cold Spring Manor Drive, Indianapolis, IN 46222
    1 - 2 beds | $779 - $1,149
    Special: “$750 OFF! MUST MOVE IN BY 8.31.25”

Need more help finding deals? Check back weekly for updated specials or explore more listings across Indianapolis.

Meet our contributors
Ian Medlock
Ian Medlock
General Manager
Ian Medlock leads growth at Sunny, where he helps renters discover the best places to live through smart, data-driven tools. With a background in marketing, product, and analytics, he's passionate about building experiences people love. Ian lives in the bay area with his family.