
Cheap 2 Bedroom Apartments for Rent in Indianapolis, IN from $545 (563 Rentals) Page 7 of 12


Iron Trail

The Continental Towers at Vermont Place

Stadium Lofts & Flats

Cedar Ridge

Southern Dunes

Aspen Lakes

Eagle Chase

Everly at Meridian Hills

The Marott Apartments

South Haven Village Apartments

Pavilion Place

The Spring Waterside Luxury Apartments

Bluff Crossing Apartments

3441 Prospect St

4901 N Washington Blvd

Addison Creek

Parkside At Tarkington

Stonekey Apartments

Arlington Terrace Apartments

East Village at Avondale Meadows Apartments

Three Fountains West Cooperative

Brownstone Apartments

Emerson Place

Hopeside I

Lakes at Crossbridge

Whispering Pines

Garfield Place

Cloverleaf Apartments & Townhomes

Charmwood Terrace

Mayfield Green Cooperative

The Jeffersonian Apartments Of Indianapolis

SUITES OF IRVINGTON

Sunstone at Arlington Woods

The Aerie on 11th Street

Wexford on Bishops Pond

Red Maple Grove

East Ridge

Marblehead

Atrium Village

Hampshire Court

Historic Audubon Court

The Regal Apartments

Garfield Terrace Apartments

Cavalier Court

Crossroads at Southgreen

Reserves at Warren Park

Saxony Court

Canal Gardens

Pinewood Village 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 | $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
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Your Guide to Picking the Perfect Indianapolis Neighborhood for Student Renters
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Find Your Indy Home: A Guide to Indianapolis Apartment Rentals and Neighborhoods
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Articles, How-To's, and Tips

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
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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
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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
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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.