
2 Bedroom Apartments for Rent in Indianapolis, IN Under $1,500 (617 Rentals) Page 12 of 13


Regency Preserve

Sanctuary at Fishers

Total Monthly Price
Grove Crossing

Grace Lane Apartments

Bella Vista Apartments

Prairie Lakes

Devonshire Apartments

Polo Run Apartments

Sunblest Apartments

Mission Hills

Woods of Britton

Gramercy

Somerset Place

Main Street on the Monon

Steeplechase at Shiloh Crossing

Park Madison Apartments

Total Monthly Price
Lakeside at Walnut Hills

Hillcrest Apartments

Library Park

Stafford Pointe

Pinebrook Apartments

Waterbury Apartments

Total Monthly Price
4259 Eclipse Way, Unit Sugar creek apartments

80-82 North 5th Avenue, Unit 82 North 5th Avenue

Cottages at Sheek Road Apartments

Cumberland Cottages

Breeza 32 Apartments

Francis Apartments

Arbor Manor

Greenwood MHP

Blackstone

Kinnley Court

Main Street Commons

Clary Crossing Senior Villas

Eastway Court Apartments

Thornbury Pointe Senior Apartment Homes

The U

Beech Grove Station Senior Apartments

Beacon Pointe Apartments

Brickyard Flats

Sugar Creek Apartments

Camby Crossing

Harpers Crossing

The Commons at Wynne Farms Apartments

Broadstone Pointe Senior Apartments

Stonehedge Apartments

The Gables

Parkside Apartments

The Legend at Speedway
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 | $1,215 | $556 | $6,128 |
| Indianapolis 1 Bedroom Apartments | $1,378 | $543 | $4,354 |
| Indianapolis 2 Bedroom Apartments | $1,657 | $650 | $10,000+ |
| Indianapolis 3 Bedroom Apartments | $1,995 | $799 | $8,628 |
| Indianapolis 4 Bedroom Apartments | $2,472 | $600 | $8,291 |
| Indianapolis 5 Bedroom Apartments | $6,002 | $2,800 | $10,000+ |
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Wendy • 3+ years in Indianapolis
August 10, 2025One of Indiana's most beautiful cities!
Frequently Asked Questions about 2 Bedroom Indianapolis Apartments
What is the Cheapest apartment in Indianapolis with 2 Bedroom?
Currently the most affordable 2 Bedroom in Indianapolis is at Central @ 29 listed at $655.
How much is the average rent for a 2 Bedroom Indianapolis Apartment?
The average rent for a 2 Bedroom Apartment in Indianapolis is $1,657.
What is the largest available 2 Bedroom Indianapolis Apartment for rent?
Today's apartment with the most square footage in Indianapolis is a 2,200 square feet unit starting from $2,749 at Pinnacle on Meridian.
What is the average size for Indianapolis 2 Bedroom Apartments for rent?
The average size for a 2 Bedroom rental in Indianapolis is currently 1,059 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

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.

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.

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.

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.
Articles, How-To's, and Tips

Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags
Written by: Robin Stewart
Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

First Apartment Regrets: Real Renters Share What They'd Do Differently
Written by: Robin Stewart
Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.