
Cheap 1 Bedroom Apartments for Rent in Indianapolis, IN from $518 (573 Rentals) Page 5 of 12


The Residences on 56th

Country Lake Estates

Mann Village Apartments

Oak Lake at Crooked Creek

Aberdeen Apartments

Abney Lake

Woods of Castleton

Avery Point Apartments

Parkside at Castleton Square Apartments and Townhomes

Avia Lofts at Founders Road

The Vineyards Apartment Homes

Wyndham Hall

Landmark

Center Point

The Lenox Apartment Homes

Autumn Chase

The Manning Apartment Homes

TGM Shadeland Station

TGM Avalon Lake

Vetra 5480

Riverchase Apartments

Apollo & Aurora Apartments

The Assumption on Blaine

556 Fletcher Ave

918 E Pleasant Run Parkway North Dr

Waterfront Pointe

Cedar Ridge

Castleton Manor Apartments

The Eclipse Apartment Homes

Windsor Park

Eagle Creek by Spark Living

Southern Dunes

Total Monthly Price
Ralston Apartments

Kinwood Place

The Lodge at Trails Edge

Scandia Apartments

Total Monthly Price
Indy 7925

King's Reserve College Park 55+ Active Living

Stadium Lofts & Flats

Slate Run Lofts and Apartments

Summerwood on Towne Line Apartments

Martinique Terrace

Park at Eagle Creek

The Residence at White River Apartments

The Cedars Apartment Homes

Ashton Brook

Forest Ridge Apartment Homes

Oak Park

Lakeshore Apartments
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 | $556 | $6,490 |
| Indianapolis 1 Bedroom Apartments | $1,368 | $518 | $4,108 |
| Indianapolis 2 Bedroom Apartments | $1,659 | $650 | $10,000+ |
| Indianapolis 3 Bedroom Apartments | $2,009 | $799 | $9,205 |
| Indianapolis 4 Bedroom Apartments | $2,031 | $600 | $9,443 |
| Indianapolis 5 Bedroom Apartments | $6,082 | $950 | $10,000+ |
Browse Top Apartments in Indianapolis
See all Apartments in IndianapolisExplore 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 1010 Central listed at $518.
How much is rent for a Cheap One Bedroom Indianapolis Apartment?
The lowest price for a Cheap One Bedroom Indianapolis Apartment is $518 at 1010 Central.
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 $518 at 1010 Central.
What is the most affordable Indianapolis Three Bedroom Apartment?
The best deal on a cheap Indianapolis Three Bedroom Apartment rental is at 1010 Central and starts from $518.
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

Indys Innovation Hub: Top Indianapolis Employers and the Neighborhoods that Welcome You Home
Written by: Wendy Melton
Indianapolis is truly the heart of the Midwest. No matter what career path you choose, opportunities for advancement are everywhere.

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.

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.

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.
Articles, How-To's, and Tips

First Apartment Regrets: Real Renters Share What They'd Do Differently
Written by: Robin Stewart
Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.