
2 Bedroom Apartments for Rent in Indianapolis, IN Under $4,200 (817 Rentals) Page 5 of 17


Fishermans Village

5700 Madison Apartments & Edgewood on Madison

The Assumption on Blaine

Union Square

Encore Binford

Auburn West Apartments

Oak Park

The Life at Northwest Gardens

Cumberland Manor

Eagle Chase

The Life at White Pines

Founders Square Senior Housing

King's Reserve College Park 55+ Active Living

Dogwood Glen

Chelsea Village

Woodbridge Castleton

Mann Village Apartments

Carriage House West

Thompson Village Apartments

Ashton Brook

The Jacob

The Domino

Avia Lofts at Founders Road

AYR Apartments

Minnie Hartmann Center

Townes at Winthrop

Notch at Nora

River House

Riverview

Fountain Square Townhomes

Park 66 Flats

2131 North

THE GRANDE RESERVE AT GEIST

Trails at Lakeside

Beechmill Apartments

Pickwick Farms Apartments

Canal Overlook Apartments

Summerwood on Towne Line Apartments

Garden Pointe Apartments

Freeman Apartments

Brookhaven Apartments

Circle City 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 | $1,159 | $595 | $5,274 |
| Indianapolis 1 Bedroom Apartments | $1,368 | $495 | $4,071 |
| Indianapolis 2 Bedroom Apartments | $1,646 | $316 | $5,706 |
| Indianapolis 3 Bedroom Apartments | $1,988 | $899 | $7,211 |
| Indianapolis 4 Bedroom Apartments | $1,746 | $600 | $10,000+ |
| Indianapolis 5 Bedroom Apartments | $9,715 | $1,000 | $10,000+ |
Explore Indianapolis
Getting Around Indianapolis, IN
Walk Score®
50 / 100
Somewhat Walkable
Some errands can be accomplished on foot
Bike Score®
53 / 100
Bikeable
Some bike infrastructure
Transit Score®
29 / 100
Some Transit
A few nearby public transportation options
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
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 Riverbend Apartments listed at $316.
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 2,200 square feet unit starting from $2,599 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 1,066 sq ft.
Expert Rental Resources
Helpful Apartment Articles, How-To's and Tips
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.

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.

Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!






