Studio Apartments for Rent in Indianapolis, IN (545 Rentals)

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Industry Indianapolis
$1,341 - $1,491
Total Monthly Price

Total Monthly Price

Base Rent
$1,226 - $3,720
Required Monthly Fees
$115
Total Monthly Price
$1,341 - $3,835
Studio Apartments Available Now

Industry Indianapolis

421 N Pennsylvania StIndianapolis, IN 46204
Transit Friendly
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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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Nook Nine
Rent Specials
$1,356 - $1,931
Total Monthly Price

Total Monthly Price

Base Rent
$1,266 - $3,134
Required Monthly Fees
$90
Total Monthly Price
$1,356 - $3,224
Studio Apartments Available Now

Nook Nine

9433 Avant AveIndianapolis, IN 46240
Corporate Housing
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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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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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Wesley Place
Rent Specials
$1,049 - $1,099
Total Monthly Price

Total Monthly Price

Base Rent
$929 - $2,019
Required Monthly Fees
$120
Total Monthly Price
$1,049 - $2,139
Studio Apartments Available Now

Wesley Place

75 W 18th StIndianapolis, IN 46202
Affordability
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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

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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: March 01, 2026

There are currently 6295 available Studio apartment units from neighborhoods all over Indianapolis, IN that range in price from $595 to $5,063. Downtown Indianapolis, Cottage Home and Herron Morton Place 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 Indianapolis144$1,199$595
Cottage Home119$1,212$655
Herron Morton Place112$1,114$595
Martindale110$1,122$595
Riverside103$1,005$595
The Canal103$1,246$665
16 Tech100$1,241$700
Irish Hill100$1,250$774
Market East100$1,250$774
North Meridian100$1,248$774

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 1,815 square feet priced from $5,063. 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$5,063
The StellaVega804 Sq Ft$1,399
Rise on MeridianThe Abbi708 Sq Ft$1,534
The CoilS-A2704 Sq FtCall for Rates
South & MadisonE2681 Sq Ft$809
Lockerbie FlatsStudio676 Sq Ft$1,095
Muse CarmelFox656 Sq Ft$1,500
The VueSTUDIO APARTMENT556 Sq Ft$1,237

Cheapest Available Indianapolis Studio Apartments

As of March 01, 2026 the lowest priced Studio apartment unit in Indianapolis, IN is the 0 Bedroom 1 Bath - 23033 Model starting from $575 at D&T Nest in the Southeast Indianapolis neighborhood. The second most affordable Indianapolis Studio is the Studio Model at The Stratford starting at $620 in the Cheswick Place neighborhood. The average price for all Studio apartments in Indianapolis is currently $1,160. Here is today’s list of the cheapest available Studio options in Indianapolis:

Apartment ListingModel NamePriced From
D&T Nest0 Bedroom 1 Bath - 23033$575
The StratfordStudio$620
Meridian TowersStudio Apartment$629
Glenstone StudiosStudio$649
INDY FLATSSherwood Std D$655
King's Reserve College Park 55+ Active LivingStudio King$699
Maple Creek VillageStudio$700
Cambridge CommonsStudio$705
5700 Madison Apartments & Edgewood on MadisonEdgewood - Cypress$715
Serenity Manor 55+ Independent Active LivingStudio$715

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

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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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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

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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 D&T Nest listed at $575.

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

The average rent for a Studio Apartment in Indianapolis is $1,160.

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 $5,063 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 9,479 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.

Articles, How-To's, and Tips

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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.

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Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.