Studio Apartments for Rent in Indianapolis, IN (540 Rentals)

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Genius Ideas and Studio Layout Tips That Maximize Every Square Inch

Transform your studio apartment layout and maximize storage. Get proven ideas from a 20-year property expert to make any small space stylish and functional.

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

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9 On Canal
Rent Specials
$895 - $1,510
Total Monthly Price

Total Monthly Price

Base Rent
$910 - $3,315

Total Monthly Price
$910 - $3,315
Studio Apartments Available Jul 1

9 On Canal

335 W 9th StIndianapolis, IN 46202
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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.

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.

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.

Indianapolis, IN Local Guide

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Indianapolis Studio Apartment Units with Current Availability by Neighborhood

Availability Confirmed As of: May 31, 2026

There are currently 4289 available Studio apartment units from neighborhoods all over Indianapolis, IN that range in price from $575 to $5,300. Martindale, Downtown Indianapolis and Riverside 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
Martindale115$1,045$590
Downtown Indianapolis92$1,202$595
Riverside88$1,045$595
United Northwest86$1,000$595
North Meridian75$1,299$774
16 Tech72$1,292$700
Herron Morton Place67$1,282$595
Keystone-Orchard66$1,257$590
Kingpark66$1,000$595
Reagan Park66$1,000$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 $5,104. 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$5,104
The StellaVega804 Sq Ft$1,399
Parkview Apartments LLC0 Bedroom 1 Bath - 35091726 Sq Ft$845
Rise on MeridianThe Abbi708 Sq Ft$1,489
The CoilS-A2704 Sq Ft$1,395
Canal Overlook ApartmentsStudio694 Sq Ft$1,586
South & MadisonE2681 Sq Ft$809
Lofts on MadisonStudio675 Sq Ft$1,099
Muse CarmelFox656 Sq Ft$1,550
The VueSTUDIO APARTMENT530 Sq Ft$1,205

Cheapest Available Indianapolis Studio Apartments

As of May 31, 2026 the lowest priced Studio apartment unit in Indianapolis, IN is the 0.1-p Model starting from $590 at The Villages at Mill Crossing in the Martindale neighborhood. The second most affordable Indianapolis Studio is the Studio Apartment Model at Meridian Towers starting at $629 . The average price for all Studio apartments in Indianapolis is currently $1,202. Here is today’s list of the cheapest available Studio options in Indianapolis:

Apartment ListingModel NamePriced From
The Villages at Mill Crossing0.1-p$590
Meridian TowersStudio Apartment$629
Glenstone StudiosStudio$649
INDY FLATSSherwood Std D$655
Maple Creek VillageStudio$700
Dogwood GlenStudio 1 Bath$700
Elmtree ParkStudio 1 Bath$705
Serenity Manor 55+ Independent Active LivingStudio$715
34 North ApartmentsStudio$725
Maple Court Apartments - Where City Convenience Meets Neighborhood Charm!Studio$725

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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Real 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:

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Wendy3+ 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 The Villages at Mill Crossing listed at $590.

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

The average rent for a Studio Apartment in Indianapolis is $1,202.

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 $5,104 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

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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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Genius Ideas and Studio Layout Tips That Maximize Every Square Inch

Written by: Lauren Harrington

This article was written based on first-hand renter experiences and common layout challenges identified after move-in.

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Neighborhood and Market Insights: How to Choose the Right Area to Rent

Written by: Robin Stewart

Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.

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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.

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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.