
Cheap 2 Bedroom Apartments for Rent in Indianapolis, IN from $545 (563 Rentals) Page 2 of 12


Sawmill Apartments

Capital Place

Williamsburg North

Timber Point Apartments

Maple Creek Village

Bristol Square

3709-3711 Kinnear Ave

1468 W 32nd St

The Hub at Nora
Navigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

Line Lofts

Annhurst

Covered Bridge

The Washington

4200 N Arlington Ave, Unit 3

4831 E Washington St

Cumberland Manor

The Hills Apartment Homes

Wellington Square Apartments

Dogwood Glen
Renting Smart: Lease Basics Every Renter Needs
Demystify Your Rental Lease. Learn the basics about renting, deposits, and tenant/landlord responsibilities. Rent smart and avoid surprises. | Renter University at ApartmentHomeLiving.com

55 W Fall Creek Pkwy S Dr

Total Monthly Price
Horizons Apartments

Scarborough Lake Apartments

Broad Ripple Trails

Sherman Village

Serenity Manor 55+ Independent Active Living

Brookhaven Apartments

Knoll Ridge Townhomes

6065 Michigan Rd

College Manor
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.

Apartments @ Marten Court

Carlton Apartments

706-708 N Bosart Ave

Eagle Creek Court

English Village Apartments

The Maywood at Speedway

The Park at Greenhill

Fallwood

The Life at Northwest Gardens

Woods at Oak Crossing
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.

Brockton

Crosswinds

Astoria Park Apartment Homes

Heathmoore - Indianapolis

1742 N Whittier Pl

Parkview Apartments LLC

Wildwood Village Apartments

Parc Bordeaux Apartments

Paragon Park

Madison Lofts
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.
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 The Villages at Mill Crossing listed at $545.
How much is rent for a Cheap One Bedroom Indianapolis Apartment?
The lowest price for a Cheap One Bedroom Indianapolis Apartment is $545 at The Villages at Mill Crossing.
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 $545 at The Villages at Mill Crossing.
What is the most affordable Indianapolis Three Bedroom Apartment?
The best deal on a cheap Indianapolis Three Bedroom Apartment rental is at The Villages at Mill Crossing and starts from $545.
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

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.

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.