
Cheap 2 Bedroom Apartments for Rent in Indianapolis, IN from $695 (407 Rentals) Page 2 of 9


The Life at Northwest Gardens

English Village

Sawmill Apartments

Woodhaven Park

Westbury Court

Mariners Village

Capital Place

Willow Glen East

One Somerset Apartments

Pine Glen

The Sterling

Wellington Square Apartments

5700 Madison Apartments & Edgewood on Madison

Emerson Village

Timber Point Apartments

Grove on Harcourt

Cedars Apartments

Cumberland Manor

Lenox Apartments

642 N Parker Ave

Sherman Village

Serenity Manor 55+ Independent Active Living

Brookhaven Apartments

Cambridge Commons

Horizons Apartments

Keeneland Crest Apartments

Carlton Apartments

Apartments @ Marten Court

Parc Bordeaux Apartments

The Maywood at Speedway

The Retreat Northwest

Riverside Apartments

Veridian Castleton

Oak Park

Fox Club

Wildwood Village Apartments

The Hub at Nora

Martinique Terrace

Fields Apartments

10049 Hawkins Ct

1920 E Washington St

Drake Street Garden Homes

Highland Pointe

Carriage House East

The Life at White Pines
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 | $1,263 | $595 | $8,251 |
Indianapolis 1 Bedroom Apartments | $1,388 | $597 | $5,280 |
Indianapolis 2 Bedroom Apartments | $1,661 | $695 | $5,803 |
Indianapolis 3 Bedroom Apartments | $2,050 | $1,015 | $10,000+ |
Indianapolis 4 Bedroom Apartments | $1,572 | $550 | $4,438 |
Indianapolis 5 Bedroom Apartments | $4,323 | $1,050 | $8,350 |
Explore Indianapolis
Getting Around Indianapolis, IN
Walk Score®
50 / 100
Somewhat Walkable
Some errands can be accomplished on foot
Bike Score®
53 / 100
Bikeable
Some bike infrastructure
Transit Score®
29 / 100
Some Transit
A few nearby public transportation options
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
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 Hopeside I listed at $565.
How much is rent for a Cheap One Bedroom Indianapolis Apartment?
The lowest price for a Cheap One Bedroom Indianapolis Apartment is $565 at Hopeside I.
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 $565 at Hopeside I.
What is the most affordable Indianapolis Three Bedroom Apartment?
The best deal on a cheap Indianapolis Three Bedroom Apartment rental is at Hopeside I and starts from $565.
Expert Rental Resources
Helpful Apartment Articles, How-To's and Tips
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.

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.

The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Written by: Christine Leonard, Esq.
Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.

Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Written by: Christine Leonard, Esq.
Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
Written by: Cheryl Bowman
A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.