Studio Apartments for Rent in Indianapolis, IN (263 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
Lifestyle Matching SearchDone
Learn more about Lifestyle Search
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

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.

Read Article

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.

Read Article

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.

Read Article

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

Read Article
Showing Results 1-50, Page 1 of 6

Indianapolis, IN Local Guide

Photo of Justin Habersaat - Editing Staff
Written By:
Justin Habersaat
Editing Staff

Indianapolis Studio Apartment Units with Current Availability by Neighborhood

Availability Confirmed As of: July 02, 2025

There are currently 3197 available Studio apartment units from neighborhoods all over Indianapolis, IN that range in price from $585 to $5,283. Martindale, Downtown Indianapolis and Keystone-Orchard 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
Martindale73$1,270$585
Downtown Indianapolis72$1,275$585
Keystone-Orchard71$1,297$585
Old Southside69$1,290$950
Market East68$1,295$950
The Canal67$1,297$640
16 Tech66$1,275$800
North Meridian63$1,295$950
Holy Cross60$1,307$875
Irish Hill60$1,307$950

Largest Available Indianapolis Studio Apartments

The largest available Studio apartment unit in Indianapolis, IN is found at River House in the Warfleigh neighborhood and is 1,665 square feet priced from $5,312. Stadium Lofts & Flats in the Cheswick Place neighborhood has the second largest Studio, which is sized at 795 square feet and currently listed start at $1,067. Here is today’s list of the largest available Studio units in Indianapolis:

Apartment ListingModel NameSquare FootagePriced From
River HouseSuite 1001,665 Sq Ft$5,312
Stadium Lofts & FlatsLoft J795 Sq Ft$1,067
Pulliam SquareCourier748 Sq Ft$1,588
Notch at NoraStudio723 Sq Ft$1,429
Rise on MeridianThe Abbi708 Sq Ft$1,514
The CoilS-A2704 Sq Ft$1,495
The StellaVega 80%701 Sq Ft$1,295
South & MadisonE2681 Sq Ft$840
The VueSTUDIO APARTMENT530 Sq Ft$1,218

Cheapest Available Indianapolis Studio Apartments

As of July 02, 2025 the lowest priced Studio apartment unit in Indianapolis, IN is the Studio Model starting from $610 at The Stratford in the Cheswick Place neighborhood. The second most affordable Indianapolis Studio is the Studio Model at Country Club Apartments starting at $649 in the Concord neighborhood. The average price for all Studio apartments in Indianapolis is currently $1,261. Here is today’s list of the cheapest available Studio options in Indianapolis:

Apartment ListingModel NamePriced From
The StratfordStudio$610
Country Club ApartmentsStudio$649
Glenstone StudiosStudio$649
The Hub at NoraStudio - 441 Sq Ft$650
ParkwayStudio$665
Meridian TowersStudio Apartment$695
Franklin StudiosStudio$725
The Boardwalk at Westlake Apartments and TownhomesStudio - 467 sqft$735
Marabou MillsStudio$740
5700 Madison Apartments & Edgewood on MadisonEdgewood - Loft$745

Quick Rent Budget Calculator

How much rent can you afford?

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.

decorative image of people with a giant lease agreement

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:

Pet Friendly Lifestyle
Indianapolis, IN

Ranked #1

Among cities in Indiana for Apartment listings with Pet Friendly Amenities

Pet Friendliness Lifestyle Score

3.5
Pet Friendly

decorative image of woman handing cat to small boy

Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Indianapolis, IN Rentals by Map

Decorative image of map

See the most popular apartments and homes in Indianapolis, IN

View MapIndianapolis, IN Apartments MapView MapIndianapolis, IN Rental Homes Map

Getting Around Indianapolis, IN

Walk Score®

50 / 100

Somewhat Walkable

Some errands can be accomplished on foot

Bike Score®

53 / 100

Bikeable

Some bike infrastructure

Transit Score®

29 / 100

Some Transit

A few nearby public transportation options

What Are Walk Score®, Transit Score®, and Bike Score® Ratings?

  • Walk Score® measures the walkability of any address.
  • Transit Score® measures access to public transit.
  • Bike Score® measures the bikeability of any address.

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 The Stratford listed at $610.

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

The average rent for a Studio Apartment in Indianapolis is $1,261.

What is the largest available Studio Indianapolis Apartment for rent?

Today's apartment with the most square footage in Indianapolis is a 1,665 square feet unit starting from $5,312 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 508 sq ft.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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.

decorative image for A Local Expert’s Guide To 10 Budget-Friendly Neighborhoods to Rent in Indianapolis article

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.

decorative image for Roommate Matching: Finding the Right Fit and Avoiding Pitfalls article

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

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

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

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

decorative image for Know Your Budget: Calculating What You Can Realistically Afford When Renting article

Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.