
Apartments for Rent in Indianapolis, IN from $500 to $4,000 (1,062 Rentals) Page 2 of 22


The Abby

The Lenox Apartment Homes

The Hub at Nora

CityWay

Shadeland Terrace Townhomes w/Full Basements

Spanish Oaks

Harrison Point Apartments

Autumn Chase

The Sycamores
Check Out Indianapolis’s Best Affordable Neighborhoods
Learn about Indianapolis and the best places to live with original content written by our Local Expert Wendy Melton

Lakeside Crossing at Eagle Creek Apartments and Townhomes

Slate Apartments

Lakeshore Reserve Off 86th Apartments and Townhomes

Bayview Club Apartments

Woods of Castleton

North Willow

English Village Apartments

Total Monthly Price
9 On Canal

Solana Apartments

Circa Apartments

Fallwood

Ivy Knoll Apartments

Mansfield Village Townhomes

Waterside at Castleton

Martinique Terrace

College Courts

The Manning Apartment Homes

Aspen Lakes

Mozzo apartments

Mariners Village Apartments

Cosmopolitan on the Canal

Total Monthly Price
Retreat at Riverbend Apartment Homes

Idlewood Apartments

The Lakes Apartments

Willow Lake Apartments

Park at Eagle Creek

Castle Creek Apartments

Canal Square

The Residence at White River Apartments

TGM Avalon Lake

The Grounds

The Park at Greenhill

The Eclipse Apartment Homes

Meridian Lakes

Abney Lake

Broad Ripple Trails

Lakeshore Apartments

The Grove on Harcourt

Eagle’s Edge

Creek Bay
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 | $1,240 | $595 | $5,869 |
| Indianapolis 1 Bedroom Apartments | $1,391 | $544 | $5,711 |
| Indianapolis 2 Bedroom Apartments | $1,671 | $650 | $9,052 |
| Indianapolis 3 Bedroom Apartments | $2,026 | $799 | $9,756 |
| Indianapolis 4 Bedroom Apartments | $2,471 | $600 | $10,000+ |
| Indianapolis 5 Bedroom Apartments | $6,329 | $1,300 | $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 Indianapolis
How much are Studio apartments in Indianapolis?
There are currently 531 Studio Apartments in Indianapolis with rent ranges from $595 to $5,869 with an average price of $1,240.
What is the current price range for One Bedroom Indianapolis Apartments for rent?
Today's rental pricing for One Bedroom Apartments in Indianapolis ranges from $544 to $5,711 with an average monthly rent of $1,391.
What does renting a Two Bedroom Apartment in Indianapolis cost?
The monthly rent prices of Two Bedroom Apartments currently available in Indianapolis range from $650 to $9,052. Today's average rental price for Two Bedrooms here is $1,671.
How expensive are Indianapolis Three Bedroom Apartments?
There are currently 524 Three Bedroom Apartments listings available in Indianapolis on ApartmentHomeLiving.com. The pricing ranges from $799 to $9,756 - averaging $2,026 for the location.
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

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.

Creative Ways Developers Reimagine Retail Spaces as Residential Units
Written by: Robin Stewart
Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.