Studio Apartments for Rent in Indianapolis, IN (544 Rentals)

Industry Indianapolis

Gathyr

Elevate Keystone Apartments

Enclave Park 100

Total Monthly Price
Lake Castleton Apartments

The Meridian North and South

The Boardwalk at Westlake Apartments and Townhomes

Rise on Meridian

Vivio on Tenth
Indy's Innovation Hub: Top Indianapolis Employers and the Neighborhoods that Welcome You Home
Find your dream job and perfect neighborhood in Indy. Discover major companies and the best places to live for young professionals and families, from historic districts to quiet, upscale communities.

Nook Nine

The Grounds

The Domino

AYR Apartments

Wesmont

Ardmore Apartments

Pinnex

Lockerbie Lofts

220 Meridian

Stadium Lofts & Flats
Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags
Looking for the perfect new rental? Learn great ways to spot the perfect apartment for you, identify common red flags, and avoid rental issues and scams with these expert provided actionable tips.

Ironworks at Keystone

Meridian Lakes

Abney Lake

The Hub at Nora

CityWay

Spanish Oaks

Harrison Point Apartments

Total Monthly Price
9 On Canal

The Manning Apartment Homes

Mariners Village Apartments
Find Your Indy Home: A Guide to Indianapolis Apartment Rentals and Neighborhoods
Discover the heart of the Midwest! Learn about popular Indianapolis neighborhoods to rent like Speedway and Eagledale, plus top universities and can't-miss places to eat.

Cosmopolitan on the Canal

Canal Square

Riverview

Kingston Square Apartments

Garfield Park Village

Stella

Pembroke Place

ARLO Apartments

Wesley Place

The Vineyards Apartment Homes
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

Artistry Indy

Vanguard at 16 Tech

River West Flats

Broad Ripple Trails

Quarry at River North

Versa

Leo

The Edge

Notch at Nora

360 Market Square
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.
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 | $1,213 | $556 | $6,128 |
| Indianapolis 1 Bedroom Apartments | $1,383 | $543 | $3,711 |
| Indianapolis 2 Bedroom Apartments | $1,661 | $650 | $10,000+ |
| Indianapolis 3 Bedroom Apartments | $1,997 | $799 | $8,628 |
| Indianapolis 4 Bedroom Apartments | $2,406 | $600 | $8,291 |
| Indianapolis 5 Bedroom Apartments | $6,078 | $2,800 | $10,000+ |
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Indianapolis, IN Local Guide

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Indianapolis Studio Apartment Units with Current Availability by Neighborhood
Availability Confirmed As of: August 31, 2026There are currently 4582 available Studio apartment units from neighborhoods all over Indianapolis, IN that range in price from $556 to $6,128. Martindale, Downtown Indianapolis and Delaware Trails are the neighborhoods that currently have the most Studio availability. Here is today's list of the top neighborhoods in Indianapolis with the most available Studio apartments:
| Neighborhood | Available Units | Median Price | Min Price |
|---|---|---|---|
| Martindale | 94 | $1,203 | $579 |
| Downtown Indianapolis | 86 | $1,215 | $556 |
| Delaware Trails | 82 | $1,099 | $556 |
| Riverside | 69 | $1,195 | $579 |
| Herron Morton Place | 68 | $1,300 | $579 |
| 16 Tech | 67 | $1,300 | $556 |
| Cottage Home | 67 | $1,315 | $556 |
| North Meridian | 67 | $1,314 | $556 |
| Circle City | 65 | $1,205 | $675 |
| St Joseph | 64 | $1,205 | $579 |
Largest Available Indianapolis Studio Apartments
The largest available Studio apartment unit in Indianapolis, IN is found at River House in the Nora neighborhood and is 1,815 square feet priced from $5,283. The Vue in the Riley neighborhood has the second largest Studio, which is sized at 931 square feet and currently listed start at $1,052. Here is today’s list of the largest available Studio units in Indianapolis:
| Apartment Listing | Model Name | Square Footage | Priced From |
|---|---|---|---|
| River House | Suite 200 | 1,815 Sq Ft | $5,283 |
| The Vue | STUDIO APARTMENT | 931 Sq Ft | $1,052 |
| Overture at Proscenium Apartments | Scot | 813 Sq Ft | $1,400 |
| Stella | S-Vega-80 | 804 Sq Ft | $1,399 |
| 747 Apartments | S1 | 781 Sq Ft | $1,674 |
| Parkview Apartments LLC | 0 Bedroom 1 Bath - 75824 | 756 Sq Ft | $870 |
| Cosmopolitan on the Canal | Chicago | 742 Sq Ft | $1,691 |
| Rise on Meridian | SG-Abbi | 708 Sq Ft | $1,489 |
| River Place Flats | S1 Fawn | 700 Sq Ft | $1,424 |
| Canal Overlook Apartments | Studio | 694 Sq Ft | $1,560 |
Cheapest Available Indianapolis Studio Apartments
As of August 31, 2026 the lowest priced Studio apartment unit in Indianapolis, IN is the 0 Bedroom 1 Bath - 78708 Model starting from $570 at D&T Nest in the Southeast Indianapolis neighborhood. The second most affordable Indianapolis Studio is the Studio Apartment Model at Meridian Towers starting at $629 in the Martindale neighborhood. The average price for all Studio apartments in Indianapolis is currently $1,213. Here is today’s list of the cheapest available Studio options in Indianapolis:
| Apartment Listing | Model Name | Priced From |
|---|---|---|
| D&T Nest | 0 Bedroom 1 Bath - 78708 | $570 |
| Meridian Towers | Studio Apartment | $629 |
| Franklin Studios | Studio | $649 |
| Glenstone Studios | Studio | $649 |
| Serenity Manor 55+ Active Adult | Studio | $659 |
| Cambridge Commons | Studio | $675 |
| Dunbar Court | Studio | $675 |
| INDY FLATS | Sherwood Std D | $675 |
| Maple Creek Village | Studio | $700 |
| The Sheldrake Apartments | Studio Hybrid | $705 |
Your Guide to Picking the Perfect Indianapolis Neighborhood for Student Renters
Learn About the Best Neighborhoods to Rent Near College Campuses in Indianapolis, IN | Find Charlotte Indianapolis Student Housing at ApartmentHomeLiving.com
Read ArticleReal Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University
From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.
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Indianapolis Overview
Indiana’s capital, Indianapolis, is the state’s largest city and it ranks 13th in the country for size. It sits near the convergence of the White River and Fall Creek. Recently, Forbes ranked Indianapolis as having one of the best downtowns in the country because of its appealing appearance as well as amenities like movie theaters, museums, art galleries, parks, retail shops and entertainment. Indianapolis has experienced moderate growth in the last few years, and currently has a population of nearly 840,000 residents.
Why live in Indianapolis, IN?
In Indianapolis, if you are a sports fan, you are in luck. The city boasts many sports-related venues and activities. There is a lot to do if you love history, art, and the outdoors as well (in the warmer months, of course!). Here are some of the highlights the city has to offer:
Remember the 3 Rules of Real Estate:Location, Location, Location!
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Indianapolis, IN Area Reviews
Wendy • 3+ years in Indianapolis
August 10, 2025One of Indiana's most beautiful cities!
Frequently Asked Questions about Studio Indianapolis Apartments
What is the Cheapest apartment in Indianapolis with Studio?
Currently the most affordable Studio in Indianapolis is at D&T Nest listed at $570.
How much is the average rent for a Studio Indianapolis Apartment?
The average rent for a Studio Apartment in Indianapolis is $1,213.
What is the largest available Studio Indianapolis Apartment for rent?
Today's apartment with the most square footage in Indianapolis is a 1,815 square feet unit starting from $5,283 at River House.
What is the average size for Indianapolis Studio Apartments for rent?
The average size for a Studio rental in Indianapolis is currently 450 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

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.

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.

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.

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.
Articles, How-To's, and Tips

Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags
Written by: Robin Stewart
Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

First Apartment Regrets: Real Renters Share What They'd Do Differently
Written by: Robin Stewart
Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

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.
