
Cheap 2 Bedroom Apartments for Rent in Indianapolis, IN from $563 (426 Rentals) Page 2 of 9


The Life at Wood Springs

Garfield Park Village

The Meridian

Eagle Creek Court

Sawmill Apartments

Berkley Commons

Fishermans Village

Bristol Square

Williamsburg North
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.

Maple Creek Village

6154 Commodore Dr

1247 W Lee St

3030 E 37th St

1468 W 32nd St

3709-3711 Kinnear Ave

235 N Oakland Ave

Summit at Keystone

The Hub at Nora

The Stratford
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

Cumberland Manor

The Washington

Scarborough Lake Apartments

Wellington Square Apartments

2216-2216 Norden Ct

Mariners Village Apartments

Westbury Court

Fox Club

Capital Place

Pine Glen

El Dorado Apartments

Oakbrook Village

The Boardwalk at Westlake Apartments and Townhomes

Cambridge Commons

Pebble Point

1010 Central

Sherman Village

Total Monthly Price
The Maywood at Speedway

Parc Bordeaux Apartments

Serenity Manor 55+ Independent Active Living

Knoll Ridge Townhomes

7047 E 10th St

Horizons Apartments

Aspen Chase

Carlton Apartments

Total Monthly Price
Apartments @ Marten Court

Total Monthly Price
M Club Apartments

Marabou Mills

Total Monthly Price
Riverbend Apartments

Brookhaven 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 | $1,157 | $595 | $5,600 |
| Indianapolis 1 Bedroom Apartments | $1,371 | $497 | $4,874 |
| Indianapolis 2 Bedroom Apartments | $1,631 | $563 | $6,212 |
| Indianapolis 3 Bedroom Apartments | $2,029 | $825 | $10,000+ |
| Indianapolis 4 Bedroom Apartments | $1,650 | $600 | $10,000+ |
| Indianapolis 5 Bedroom Apartments | $9,610 | $1,000 | $10,000+ |
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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 East Village at Avondale Meadows Apartments listed at $579.
How much is rent for a Cheap One Bedroom Indianapolis Apartment?
The lowest price for a Cheap One Bedroom Indianapolis Apartment is $579 at East Village at Avondale Meadows Apartments.
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 $579 at East Village at Avondale Meadows Apartments.
What is the most affordable Indianapolis Three Bedroom Apartment?
The best deal on a cheap Indianapolis Three Bedroom Apartment rental is at East Village at Avondale Meadows Apartments and starts from $579.
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.
Articles, How-To's, and Tips

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.

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.