
Cheap 1 Bedroom Apartments for Rent in Indianapolis, IN from $544 (675 Rentals) Page 4 of 14


Willow Brook

816-818 N Bancroft St

Jamestowne Apartments

Suncrest

Fisherman's Village

Woodbridge Castleton

Beechmill Apartments

The Spring Waterside Luxury Apartments

Spruce Manor Apartments

Auburn Hills Apartments

Lockefield Gardens

Waterford Place Apartments

Idlewood Apartments

Total Monthly Price
One Somerset

College Manor

Emhardt Apartments

Carriage House West

1329 E Market St

830 Alabama St, Unit 6

1010 Central

Castleton Manor Apartments

Mansion Row - Where Historic Charm Meets Modern Convenience!

Broad Ripple Trails

Aspen Chase

TGM Autumn Woods

Pier 39 Apartments & Townhomes

TGM Shadeland Station

Martinique Terrace

The Lodge at Trails Edge

The Sycamores

Eagle’s Edge

Northwood on the Trail

Home Place Senior Living

City Heights

The Vineyards Apartment Homes

The Cedars Apartment Homes

The Grove on Harcourt

Murphy's Landing

Total Monthly Price
Wylde at Eagle Creek

Ashton Pointe

Woodlake

Annhurst

522 Fletcher Ave

126 E Vermont St, Unit B1

Brockton

Chateau in the Woods

College Courts

The Towers at Crooked Creek Senior Housing

The Lenox Apartment Homes
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 | $1,206 | $495 | $5,104 |
| Indianapolis 1 Bedroom Apartments | $1,373 | $544 | $4,071 |
| Indianapolis 2 Bedroom Apartments | $1,656 | $545 | $8,473 |
| Indianapolis 3 Bedroom Apartments | $2,029 | $626 | $8,587 |
| Indianapolis 4 Bedroom Apartments | $2,228 | $600 | $10,000+ |
| Indianapolis 5 Bedroom Apartments | $11,402 | $6,070 | $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
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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
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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.

Indys Innovation Hub: Top Indianapolis Employers and the Neighborhoods that Welcome You Home
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Indianapolis is truly the heart of the Midwest. No matter what career path you choose, opportunities for advancement are everywhere.
Articles, How-To's, and Tips

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Written by: Lauren Harrington
I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
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This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

What Does “Rent Burdened” Mean? How Much Rent Is Too Much
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This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

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.