
Top Rated New Apartments for Rent in Indianapolis, IN (105 Rentals) Page 2 of 3
Apartments in Indianapolis with the best features, newest construction, and richest amenities.


Monon Lofts

Arlington Farms

Hobbs Station

Apex at Perry Crossing

The Steadman Apartments of Carmel

Flats at Stones Crossing

Madison at Greenwood

Pullman Pointe

Sunrise on the Monon
Navigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

The Olivia

Mezz 42

Nickel Plate Station

The Barlow

Muse Carmel

The Mark at Fishers District

The Ascent Apartments of Plainfield

The Kent at Carmel City Center

Redwood Greenwood

Satori Flats
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

Total Monthly Price
Slate at Fishers District

VER at Proscenium Apartments

Echo Park at Perry Crossing

Double Creek Flats Apartments

Flats at Switch

Encore at Perry Crossing

Wynne Farms

Casey Corner Townhomes

The Railyard at Midtown

Redwood Plainfield

Nese Apartments

Wilshaw

Regency Preserve

McCord Square Apartments

Total Monthly Price
The Hangar on Emerson

Arbuckle

Lennar at Elmwood Estates

Trailside

Melange

1302 Main St

8666 E 400 S

North End Carmel

Cardinal Pointe by Pulte Homes

The Apartments on 1st on Main

Spark Phase II

North End Apartments

Meadows on Main

Ritchey Reserve

Harmony Apartment Homes

Midtown Flats
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 | $1,195 | $200 | $5,277 |
| Indianapolis 1 Bedroom Apartments | $1,379 | $544 | $4,071 |
| Indianapolis 2 Bedroom Apartments | $1,641 | $545 | $6,669 |
| Indianapolis 3 Bedroom Apartments | $2,031 | $626 | $8,289 |
| Indianapolis 4 Bedroom Apartments | $1,872 | $600 | $10,000+ |
| Indianapolis 5 Bedroom Apartments | $9,136 | $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 New Indianapolis Apartments
What is the Cheapest New apartment in Indianapolis?
Currently the most affordable New Apartment in Indianapolis is at 632MLK listed at $200.
How much is the average rent for a New Indianapolis Apartment?
The average rent for a New Apartment in Indianapolis is $1,918.
What is the largest New Indianapolis Apartment for rent?
Today's New apartment with the most square footage in Indianapolis is a 2,675 square feet unit starting from $1,845 at Slate at Fishers District.
What is the average size for Indianapolis New Apartments for rent?
The average size for a New rental in Indianapolis is currently at 669 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

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

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.