Studio Apartments for Rent in Indianapolis, IN (546 Rentals)

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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.

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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.

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The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

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9 On Canal
Rent Specials
$895 - $1,665
Total Monthly Price

Total Monthly Price

Base Rent
$910 - $3,315
Total Monthly Price
$910 - $3,315
Studio Apartments Available Now

9 On Canal

335 W 9th StIndianapolis, IN 46202
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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.

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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.

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Indianapolis, IN Local Guide

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Written By:
Justin Habersaat
Editing Staff

Indianapolis Studio Apartment Units with Current Availability by Neighborhood

Availability Confirmed As of: April 16, 2026

There are currently 5771 available Studio apartment units from neighborhoods all over Indianapolis, IN that range in price from $200 to $5,277. Downtown Indianapolis, Cottage Home and Holy Cross 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:

NeighborhoodAvailable UnitsMedian PriceMin Price
Downtown Indianapolis143$1,175$200
Cottage Home120$1,202$655
Holy Cross120$1,199$655
Martindale109$1,105$590
Irish Hill100$1,249$774
Market East100$1,248$774
The Canal100$1,249$200
North Meridian99$1,249$774
Riverside99$1,000$200
United Northwest96$990$595

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 $5,116. The Stella in the Near North Indianapolis neighborhood has the second largest Studio, which is sized at 804 square feet and currently listed start at $1,399. Here is today’s list of the largest available Studio units in Indianapolis:

Apartment ListingModel NameSquare FootagePriced From
River HouseSuite 2001,815 Sq Ft$5,116
The StellaVega804 Sq Ft$1,399
The VueSTUDIO APARTMENT750 Sq Ft$1,323
Rise on MeridianThe Abbi708 Sq Ft$1,534
The CoilS-A2704 Sq Ft$1,295
AxisS2-1a702 Sq FtCall for Rates
South & MadisonE2681 Sq Ft$809
Lofts on MadisonStudio675 Sq Ft$1,099
VersaExhibit671 Sq Ft$1,574
Muse CarmelFox656 Sq Ft$1,665

Cheapest Available Indianapolis Studio Apartments

As of April 16, 2026 the lowest priced Studio apartment unit in Indianapolis, IN is the Waiting List Model starting from $200 at 632MLK in the Near North Indianapolis neighborhood. The second most affordable Indianapolis Studio is the 0.1-p Model at The Villages at Mill Crossing starting at $590 in the Martindale neighborhood. The average price for all Studio apartments in Indianapolis is currently $1,182. Here is today’s list of the cheapest available Studio options in Indianapolis:

Apartment ListingModel NamePriced From
632MLKWaiting List$200
The Villages at Mill Crossing0.1-p$590
The StratfordStudio$620
Meridian TowersStudio Apartment$629
Glenstone StudiosStudio$649
INDY FLATSSherwood Std D$655
Dunbar CourtStudio$665
King's Reserve College Park 55+ Active LivingStudio King$699
Maple Creek VillageStudio$700
Serenity Manor 55+ Independent Active LivingStudio$715

10 Hidden Costs of Renting You Should Budget for Before Signing a Lease

Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.

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Don't Settle: How to Negotiate Your Apartment Lease and Save Money

Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.

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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

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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

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The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.

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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!

Explore Indianapolis, IN Rentals by Map

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See the most popular apartments and homes in Indianapolis, IN

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Indianapolis, IN Area Reviews

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  • Cost of Living
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Wendy • 3+ years in Indianapolis

August 10, 2025

One 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 632MLK listed at $200.

How much is the average rent for a Studio Indianapolis Apartment?

The average rent for a Studio Apartment in Indianapolis is $1,182.

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 $5,116 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 18,498 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

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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.

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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.

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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.

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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

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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.

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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.

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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.

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A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

Written by: Bob Mallory

Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.