
2 Bedroom Apartments for Rent in Indianapolis, IN Under $1,500 (568 Rentals) Page 7 of 12


2121-2123 Fairfax Rd

3709-3711 Kinnear Ave

1468 W 32nd St

433 N State Ave

3030 E 10th St

1527 S State Ave

3244-3246 W Mooresville Rd

Three Fountains West Cooperative

Charmwood Terrace

Mayfield Green Cooperative

412 N Bradley Ave

Addison Creek

Clifford Corners

Slate Run Lofts

The Overlook at Riverdale- Marian University

945 Woodruff Place Middle Drive

Stonekey Apartments

Brownstone Apartments

Arlington Terrace Apartments

Garfield Place

Lakes at Crossbridge

SUITES OF IRVINGTON

Sunstone at Arlington Woods

Wexford on Bishops Pond

Red Maple Grove

The Aerie on 11th Street

East Ridge

Marblehead

Cloverleaf Apartments & Townhomes

Whispering Pines

Hampshire Court

Reserves at Warren Park

Canal Gardens

The Regal Apartments

Pinewood Village Apartments

The Meridian

Overlook at the Fairgrounds

Monon Station Apartments

The Jeffersonian Apartments Of Indianapolis

Cavalier Court

Meridian Plaza

Markwood Terrace Apartments

Campus Townhomes

Abbey Meadows

Pleasant Creek Apartments

60 - ADDISON APARTMENTS

The Villages at Mill Crossing

Crossroads at Southgreen

Historic Audubon Court
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 | $1,228 | $556 | $6,226 |
| Indianapolis 1 Bedroom Apartments | $1,383 | $544 | $3,999 |
| Indianapolis 2 Bedroom Apartments | $1,675 | $650 | $9,351 |
| Indianapolis 3 Bedroom Apartments | $2,024 | $799 | $9,764 |
| Indianapolis 4 Bedroom Apartments | $1,978 | $600 | $9,521 |
| Indianapolis 5 Bedroom Apartments | $5,857 | $950 | $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 2 Bedroom Indianapolis Apartments
What is the Cheapest apartment in Indianapolis with 2 Bedroom?
Currently the most affordable 2 Bedroom in Indianapolis is at Postbrook East Apartments listed at $745.
How much is the average rent for a 2 Bedroom Indianapolis Apartment?
The average rent for a 2 Bedroom Apartment in Indianapolis is $1,675.
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 $2,799 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

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

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.

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.