
New Apartments for Rent in Indianapolis, IN (279 Rentals) Page 2 of 6


Park 66 Flats

Forte Apartments

Plaza at Central Greens

Union at 16th

2131 North

Sunspring Apartments

City Heights

Line Lofts

Kinwood Place
Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

The Meadows

Proctor Place

Alpine Studios

Total Monthly Price
Wynbrooke Senior Apartments

The Delaware Apartments

D&T Nest

632MLK

928-934 Martin Luther King Jr St

Tinner Park West

Park10
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

500 Park Residences

Central @ 29

Cole Motors North Redevelopment

Enclave Park 100

Alvord Street Towns

Meridian Enclave Townhomes

Forty Six Flats

Magnolia Trace

The Marvetta & Anthony Grimes Family Center

The Towns at Fort Harrison

517 N Oxford St

St. Lucas Lofts

Silver Stream by Arbor Homes

Nouveau in Old Northside

Eleven Park Apartments

3909 Winthrop Ave

117 Concordia St

25 S Tuxedo St

Providence Place

Stable Chase

Highlands at Grassy Creek

10113 Sundley Dr

2500 Walker Pl

Parks at Glen Ridge by Pyatt Builders

Colere

Red Line Flats

Varsity Lofts

11541 Brookwood Trace Ln

7849 Ithaca Way

Hanna Commons
Indianapolis, IN Local Guide

How much does it cost to rent an apartment in Indianapolis?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| New Indianapolis Studio Apartments | $1,192 | $575 | $5,104 |
| New Indianapolis 1 Bedroom Apartments | $1,376 | $544 | $4,071 |
| New Indianapolis 2 Bedroom Apartments | $1,662 | $545 | $8,473 |
| New Indianapolis 3 Bedroom Apartments | $2,013 | $626 | $8,610 |
| New Indianapolis 4 Bedroom Apartments | $2,142 | $600 | $10,000+ |
| Indianapolis 5 Bedroom Apartments | $12,039 | $6,061 | $10,000+ |
Browse Top Apartments in Indianapolis
See all Apartments in IndianapolisExplore 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 D&T Nest listed at $575.
How much is the average rent for a New Indianapolis Apartment?
The average rent for a New Apartment in Indianapolis is $1,937.
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 $1,695 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 652 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

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Written by: Lauren Harrington
I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

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.