The left-armer last played for Royal Challengers Bangalore in the 2015 competition but has skipped the IPL in recent years to lighten his playing load and focus on national team duties.
Starc said the IPL would be good preparation for the T20 World Cup in the United States and West Indies.
"Look it's been eight years. I’m definitely going back in (next) year," he told the 'Willow Talk' podcast.
"Amongst other things, it’s a great lead-up to the T20 World Cup.
"And it’s somewhat of a quiet winter next year ... in comparison to this winter, so I think a perfect opportunity to put my name in."
Starc is currently sidelined with a groin strain while the Australia team warm up for the 50-overs World Cup with a one-day series in South Africa.
However, he has been named in Australia's provisional 15-man squad for the tournament in India starting next month.
