Indianapolis ranks as America’s 12th largest city with a population of more than 800,000. It is also ranked as the eighth best city in which to live and work in the country. This ranking is based on economic growth, community focus and ongoing urban renewal. Because of the growth, Indianapolis offers and abundance of housing opportunities and apartments for rent.
Indianapolis is known for mixing big city ambience with Midwestern friendliness and family values. There are plenty of recreational opportunities in the way of natural preserves, and wildlife, fishing and hunting areas. It is absolutely the place to be if you love professional sports, because Indy is the home of the Colts, the Indy 500, and the Pacers basketball team. If sports is not your bag then you might want to check out the Children’s Museum which is the largest of it’s kind in the world.
Cost of living is 7% below the national average making Indianapolis a very affordable city in which to live. Compared to other comparable sized cities the apartment rental prices are very good, ranking at about 8% below national averages. The median price for all types of apartments is $580 per month. An average two bedroom goes for $535 per month. The best deals can be found in the downtown area. You can choose from high rise apartment buildings to small charming complexes built next to man made lakes or parks. The most expensive side of town is the north side where luxury apartments with all the amenities are yours for the asking.
The city offers a mild year round climate, making it a comfortable place to live and it consistently ranks as one of the safest, cleanest and best places to raise children in the country. If you want a new job to go along with the new apartment, then know that the city unemployment rate is just under 5%, with jobs available in the retail, transportation, utilities and government sectors. Other industries include agriculture, electronics, pharmaceuticals, finance, printing and publishing.
One of the best ways to find an apartment is Indianapolis is to do walking tours of the neighborhoods or area where you want to live and talk to the people who already live there. Make not of the rent signs in the windows. Many times the landlord lives on site and it is possible to strike the best deal in this way.