
2 Bedroom Apartments for Rent in Indianapolis, IN Under $1,500 (616 Rentals) Page 7 of 13


915 Marion Ave

1846 Gent Ave

1850 Gent Ave

1838 Gent Ave

1842 Gent Ave

2322 Paris Ave

1231 Shepard St

269 N Addison St

1509 W 28th St

6054 E 16th St

1523 E Market St

264 N Holmes Ave

1525 E Market St

3602 E Fall Creek Pkwy N Dr

9031 S Eldorado Dr

6059 Dickson Rd

6118 Dickson Rd

2810 E Michigan St

6028 Laurel Hall Dr

6015 Dickson Rd

6111 Laurel Hall Dr

6108 Dickson Rd

5907 Staughton Dr

1122 S Sheffield Ave

2242 Ransdell St

37 S Lynhurst Dr

1511-1511 N Chester Ave

1028 N Kealing Ave

1254 W 23rd St

2831 Walker Ave

1130-1130 Churchman Ave

2814 E Michigan St

2246 Ransdell St

5960 42nd St

5966 Radnor Rd

5976 Radnor Rd

2301-2303 Fairfax Rd

3244-3246 W Mooresville Rd

2213-2215 Fairfax Rd

2111 S Garfield Dr

2830-30 Lasalle St

4831 E Washington St

7161 E Pleasant Run Pkwy S Dr

330 N Arsenal Ave

706-708 N Bosart Ave

332 N Arsenal Ave

3709-3711 Kinnear Ave

1468 W 32nd St

433 N State Ave
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.