
2 Bedroom Apartments for Rent in Indianapolis, IN Under $1,500 (557 Rentals) Page 7 of 12


117 W 36th St

7047 E 10th St

9126 E 10th St

3709-3711 Kinnear Ave

1468 W 32nd St

437 N State Ave

1301 N Olney St

1505 N Tuxedo St

5332 E Washington St

6120 Nimitz Dr

429 N Colorado Ave

451 N Warman Ave

Three Fountains West Cooperative

Charmwood Terrace

Mayfield Green Cooperative

Addison Creek

Slate Run Lofts

The Overlook at Riverdale- Marian University

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

East Ridge

Marblehead

Nola Court Apartments

Cloverleaf Apartments & Townhomes

Whispering Pines

Hampshire Court

Reserves at Warren Park

Canal Gardens

The Regal Apartments

Pinewood Village Apartments

Overlook at the Fairgrounds

Monon Station Apartments

The Jeffersonian Apartments Of Indianapolis

Cavalier Court

Markwood Terrace Apartments

Campus Townhomes

Abbey Meadows

Pleasant Creek Apartments

Trenton House Apartments

60 - ADDISON APARTMENTS

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 | $1,184 | $200 | $5,277 |
| Indianapolis 1 Bedroom Apartments | $1,389 | $544 | $5,777 |
| Indianapolis 2 Bedroom Apartments | $1,646 | $545 | $5,783 |
| Indianapolis 3 Bedroom Apartments | $2,027 | $626 | $8,289 |
| Indianapolis 4 Bedroom Apartments | $1,921 | $600 | $10,000+ |
| Indianapolis 5 Bedroom Apartments | $9,084 | $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 $485.
How much is the average rent for a 2 Bedroom Indianapolis Apartment?
The average rent for a 2 Bedroom Apartment in Indianapolis is $1,646.
What is the largest available 2 Bedroom Indianapolis Apartment for rent?
Today's apartment with the most square footage in Indianapolis is a 1,809 square feet unit starting from $4,658 at CityWay.
What is the average size for Indianapolis 2 Bedroom Apartments for rent?
The average size for a 2 Bedroom rental in Indianapolis is currently 1,056 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

What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
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.

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.