
Cheap 1 Bedroom Apartments for Rent in Indianapolis, IN from $497 (580 Rentals) Page 3 of 12


Spinnaker Court

Fountainview Apartments

Berkley Commons

Warren Harbor Apartments

Marabou Mills

Horizons Apartments

Total Monthly Price
Apartments @ Marten Court

Sherman Village

7051 E 11th St

Total Monthly Price
Dogwood Glen

Traymore Apartments

Thompson Village Apartments

Total Monthly Price
English Village Apartments

Fishermans Village

Kingston Square Apartments

Mariners Village Apartments

4012 Mann Rd

Trail Side

Cherry Glen

St. James

SOUTHPORT AT BUCK CREEK

Total Monthly Price
Benjamin Court

Turtle Creek

Oakbrook Village

The Vineyards Apartment Homes

Total Monthly Price
Parkhaven Apartments

Lawrence Landing

919 Broadway St

Total Monthly Price
2043 Adams St, Unit 2043

830 Alabama St

Jade North Apartments

Trails at Lakeside

Cumberland Manor

Williamsburg North

Brookwood Apartments

Carriage House East

Lockefield Gardens

Summerwood on Towne Line Apartments

Olivewood

The Woods of Eagle Creek

Plaza at Central Greens

Harrison Point Apartments

Park View at Beech Grove

College Courts

10 West Apartments

The Cedars Apartment Homes

Deercross Apartments

Total Monthly Price
Jamestowne Apartments

Pebble Point
Indianapolis, IN Local Guide

How much does it cost to rent an apartment in Indianapolis?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Indianapolis Studio Apartments | $1,157 | $595 | $5,600 |
| Indianapolis 1 Bedroom Apartments | $1,371 | $497 | $4,874 |
| Indianapolis 2 Bedroom Apartments | $1,631 | $563 | $6,212 |
| Indianapolis 3 Bedroom Apartments | $2,029 | $825 | $10,000+ |
| Indianapolis 4 Bedroom Apartments | $1,650 | $600 | $10,000+ |
| Indianapolis 5 Bedroom Apartments | $9,610 | $1,000 | $10,000+ |
Explore Indianapolis
Indianapolis, IN Area Reviews
Wendy • 3+ years in Indianapolis
August 10, 2025One of Indiana's most beautiful cities!
Frequently Asked Questions about Cheap Indianapolis Apartments
What is the Cheapest Studio apartment in Indianapolis?
Currently the most affordable Cheap Studio Apartment in Indianapolis is at Volrath listed at $649.
How much is rent for a Cheap One Bedroom Indianapolis Apartment?
The lowest price for a Cheap One Bedroom Indianapolis Apartment is $649 at Volrath.
What is the lowest price for a Cheap Two Bedroom Indianapolis Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Indianapolis is starting from $649 at Volrath.
What is the most affordable Indianapolis Three Bedroom Apartment?
The best deal on a cheap Indianapolis Three Bedroom Apartment rental is at Volrath and starts from $649.
Expert Rental Resources
The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.
Helpful Local Expert Guides

A Local Expert’s Guide To 10 Budget-Friendly Neighborhoods to Rent in Indianapolis
Written by: Wendy Melton
Indianapolis is not only the state capital of Indiana, it’s also a shining example of what Midwestern living is all about. I’m Wendy, your ApartmentHomeLiving.

Your Guide to Picking the Perfect Indianapolis Neighborhood for Student Renters
Written by: Wendy Melton
Indianapolis is well-known for being one of the top college cities in the country. Local colleges and universities are ranked in the Top 10 when it comes to sports and academic excellence.

Find Your Indy Home: A Guide to Indianapolis Apartment Rentals and Neighborhoods
Written by: Wendy Melton
My name is Wendy, and I've lived in Indiana for most of my life. Indianapolis is our state capital, and many people consider it the heart of the Midwest. People come from all around to explore everything Indianapolis has to offer.
Articles, How-To's, and Tips

Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.