
1 Bedroom Luxury Apartments for Rent in Indianapolis, IN (128 Rentals) Page 2 of 3


421 N Pennsylvania St

PICCADILLY

The Vue

The Congress at Library Square

The MK

Shore Acres

VITRA Apartments

Heathmoore - Indianapolis

747 Apartments
Indy's Innovation Hub: Top Indianapolis Employers and the Neighborhoods that Welcome You Home
Find your dream job and perfect neighborhood in Indy. Discover major companies and the best places to live for young professionals and families, from historic districts to quiet, upscale communities.

Grid

Sycamore Reserve Senior Living

Woods of West Carmel

Carmel Center

Signature at Carmel

Trulo Homes Bridle Creek

Apex at Perry Crossing

LEO at Carmel -Single Family Rental Homes

The Hamilton at Fishers

Sylo
Find Your Indy Home: A Guide to Indianapolis Apartment Rentals and Neighborhoods
Discover the heart of the Midwest! Learn about popular Indianapolis neighborhoods to rent like Speedway and Eagledale, plus top universities and can't-miss places to eat.

The Steadman Apartments of Carmel

The Union Flats at Fishers District

Wild Air Landing

The E - Elevated Living in Whitestown

The Olivia

Sophia Square

Metropolitan Fishers

The Retreat at Carmel

The Wren & The Windsor in Carmel City Center

Portrait Midtown
The Art of the Rental Viewing: What to look for during a property tour
Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

Runaway Bay Apartments

Nickel Plate Station

The Kent at Carmel City Center

The Mark at Fishers District

Reveal on Cumberland Apartments

Muse Carmel

Crossing 5

The Apartments at 1st on Main

The State at Fishers Apartments

VER at Proscenium Apartments
Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

Hyde Park Towns & Flats

Echo Park at Perry Crossing

The Residences at Carmel City Center

Total Monthly Price
Slate at Fishers District

Double Creek Flats Apartments

Lavina

Canyon Club at Perry Crossing

Depot at Nickel Plate

Providence at Old Meridian

Governor Square
Check Out Indianapolis’s Best Affordable Neighborhoods
Learn about Indianapolis and the best places to live with original content written by our Local Expert Wendy Melton
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 | $1,199 | $575 | $5,300 |
| Indianapolis 1 Bedroom Apartments | $1,374 | $497 | $4,262 |
| Indianapolis 2 Bedroom Apartments | $1,660 | $515 | $7,674 |
| Indianapolis 3 Bedroom Apartments | $2,017 | $626 | $9,886 |
| Indianapolis 4 Bedroom Apartments | $2,106 | $600 | $10,000+ |
| Indianapolis 5 Bedroom Apartments | $9,293 | $1,300 | $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 1 Bedroom Indianapolis Apartments
What is the Cheapest apartment in Indianapolis with 1 Bedroom?
Currently the most affordable 1 Bedroom in Indianapolis is at Volrath listed at $649.
How much is the average rent for a 1 Bedroom Indianapolis Apartment?
The average rent for a 1 Bedroom Apartment in Indianapolis is $1,374.
What is the largest available 1 Bedroom Indianapolis Apartment for rent?
Today's apartment with the most square footage in Indianapolis is a 1,400 square feet unit starting from $2,581 at VITRA Apartments.
What is the average size for Indianapolis 1 Bedroom Apartments for rent?
The average size for a 1 Bedroom rental in Indianapolis is currently 1,609 sq ft.
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.

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.
Articles, How-To's, and Tips

Neighborhood and Market Insights: How to Choose the Right Area to Rent
Written by: Robin Stewart
Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.

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
Written by: Lauren Harrington
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
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.